Increff Raises $12M In Series B Funding
Summary
Increff, an Indian Supply Chain SaaS company offering inventory optimization solutions for e-commerce, fashion, and retail brands, raised $12m in Series B funding. The company intends to use the funds to expand its global presence, setting up offices and strengthening the local teams in the US and European region, and invest in adding products, and services to its portfolio for supply chain optimization. Led by Rajul Jain, CEO & Co-Founder, Increff offers a host of SaaS-based industry-agnostic merchandising solutions and smart warehousing solutions for fashion brands & retailers to optimize inventory and improve sales velocity. Leveraging intelligent automation tools, brands and retailers can adapt to consumer expectations through algorithm-based merchandise planning, pricing, allocation solutions and achieve higher inventory accuracy & order fulfillment efficiency with warehousing solutions. The company serves global brands like Puma, adidas, Bata, Levi’s, Pepe, Celio, Gap, Benetton, Tommy Hilfiger, Mango, CK, Louis Philippe, Van Heusen, Jack & Jones, Namshi, Aramex, Sephora, Amazon, etc.
Funding
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