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Logistics Startup 3SC m, $15 Mn in Series B Funding

Gurugram-based supply chain startup 3SC has raised $15 million as a part of its Series B funding round led by GEF Capital’s South Asia Fund.

According to the company, the fundraiser will scale 3SC’s domestic business and augment its geographical reach further across Europe and Southeast Asia. The company also plans to use the proceeds from the fundraiser to strengthen its existing software as a service (SaaS) and analytics-based supply chain management solutions through both organic and inorganic routes.

“This investment round is testament to the incredible work our team is doing to help our customers drive efficiencies. With strong industry tailwinds towards digitisation and our capitalised balance sheet, we are poised to grow 2-3x in the next couple of years. We will continue to invest in building talent and technology to reinforce this exponential growth,” said Lalit Das, founder and chief executive officer, 3SC.

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