[Funding alert] Supply chain automation platform Supplynote raises $600K from SOSV, others
Summary
Supplynote is the second platform in the direction of digitisation of supply chain in F&B industry, by the parent company Adcount Technologies. Founded in 2019 by Kumar Kushang (CEO), Abhishek Verma (COO), Nitin Prakash (CPO), and Harshit Mittal (CTO), Supplynote works for both restaurants and suppliers and connects them on its two-way SaaS platform. Supplynote plans to enable 2000 more restaurant outlets in India with its solution by the end of the current fiscal year. Adopting Supplynote solution has enabled restaurant outlets to reduce their operational cost by 8-10 percent, the startup claimed. Supplynote enables restaurants not only to increase profit by 70 percent but also to supercharge their supply chain efficiency,” added William Bao Bean, General Partner at SOSV, Managing Director of MOX - Mobile Only Accelerator.