Pickrr Technologies Pvt. Ltd., which operates an AI-based Logistics platform Pickrr, has raised $4 Million in its first institutional round of funding from Guild Capital and Omidyar Network India. Rhitiman Majumder is the Co-Founder and CEO of Pickrr.
Dexter Capital was the exclusive financial advisor to Pickrr for this transaction.
Pickrr was founded in 2015 by Rhitiman Majumder, Gaurav Mangla, Ankit Kaushik. Pickrr is an end-to-end Plug-n-Play logistics solution for eCommerce sellers and D2C brands that want to ship anything anywhere in India. For many large-scale and SMEs, it has now become a holistic solution to their logistics needs. At the core of the technology lies CALCULA, a smart algorithm that provides courier recommendations aimed at improving delivery performance. This machine learning-based algorithm ensures each order is assigned to the best courier partner based on 20+ proprietary logistics features that have evolved through continuous evaluation and assessment. Thus, reducing the delivery time and ensuring there are is no hassle in the due process. Pickrr is headquarter in Delhi. More about Pickrr here: https://www.pickrr.com/
About Dexter Capital:
Dexter Capital, started in mid-2013, is a sector-agnostic investment banking firm, offering advisory services in areas of M&A/JV, Private Equity and Venture Capital fundraise. In a short span of 7 years, Dexter Capital has closed 35 transactions. For more information on Dexter Capital and its services, please visit us at http://www.dextercapital.in
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