LetsVenture Online

LetsVenture Online Pte. Ltd. is a Singapore-based online platform that facilitates Indian startups in raising seed and angel funding. Established in 2014, the platform allows entrepreneurs to create investment-ready profiles and connects them with accredited investors. It serves as a private marketplace where startup founders can showcase their products, receive expert reviews of their business plans, and interact with mentors and peers. Additionally, LetsVenture provides assistance throughout the funding closure process with a commitment-to-closure package that helps manage the term sheet, shareholders agreement, and legal and financial due diligence. Primarily catering to the information technology sector, LetsVenture aims to streamline the fundraising journey for startups and enhance their access to capital.

Shanti Mohan

Founder

Sunitha Ramaswamy

President

Past deals in Logistics

ALT Mobility

Series A in 2024
ALT Mobility is an electric vehicle as a service (EVaaS) company that specializes in leasing electric vehicles for intra-city logistics. Its platform offers vehicles on a rental and subscription basis, catering to the needs of businesses looking to electrify their commercial fleets. In addition to providing access to electric vehicles, ALT Mobility's services include vehicle tracking solutions, real-time battery status updates via mobile applications, and comprehensive vehicle health monitoring, which encompasses maintenance and insurance. This approach enables businesses to adopt affordable and sustainable transportation solutions for urban delivery and logistics needs.

Unorg

Seed Round in 2024
UnORG is an online B2B marketplace designed to support street food vendors by providing a comprehensive procurement platform. The platform offers a wide array of services, including access to a large selection of stock-keeping units (SKUs), timely delivery slots, and discounts on products. This enables vendors to efficiently and systematically procure the raw materials they need for their businesses. By streamlining the procurement process, UnORG aims to create a one-stop solution that enhances the operational efficiency of street food vendors.

Ghost Kitchens

Series A in 2024
Ghost Kitchens is a food technology company designed to enhance revenue generation for restaurants and cloud kitchens with minimal investment. The company provides a comprehensive platform that aids in aggregator management, marketing strategies to boost food delivery orders, and efficient inventory management. Additionally, Ghost Kitchens supplies ready food solutions, which help clients reduce their dependence on skilled labor while ensuring consistent product quality. By leveraging existing infrastructure and resources, Ghost Kitchens enables businesses in the hospitality sector to integrate into a network of food delivery brands, facilitating incremental profit opportunities.

ALT Mobility

Series A in 2024
ALT Mobility is an electric vehicle as a service (EVaaS) company that specializes in leasing electric vehicles for intra-city logistics. Its platform offers vehicles on a rental and subscription basis, catering to the needs of businesses looking to electrify their commercial fleets. In addition to providing access to electric vehicles, ALT Mobility's services include vehicle tracking solutions, real-time battery status updates via mobile applications, and comprehensive vehicle health monitoring, which encompasses maintenance and insurance. This approach enables businesses to adopt affordable and sustainable transportation solutions for urban delivery and logistics needs.

ALT Mobility

Debt Financing in 2024
ALT Mobility is an electric vehicle as a service (EVaaS) company that specializes in leasing electric vehicles for intra-city logistics. Its platform offers vehicles on a rental and subscription basis, catering to the needs of businesses looking to electrify their commercial fleets. In addition to providing access to electric vehicles, ALT Mobility's services include vehicle tracking solutions, real-time battery status updates via mobile applications, and comprehensive vehicle health monitoring, which encompasses maintenance and insurance. This approach enables businesses to adopt affordable and sustainable transportation solutions for urban delivery and logistics needs.

Bluwheelz

Seed Round in 2023
BluWheelz is a technology-driven delivery company specializing in first-mile, mid-mile, and last-mile logistics. It operates an exclusive fleet of electric vehicles (EVs), providing cost-effective and timely solutions to e-commerce, quick commerce, and food tech industries. By leveraging technology and sustainable transportation, BluWheelz aims to create a positive environmental impact while addressing clients' cost and timeline concerns.

SupplyNote

Series A in 2023
SupplyNote is a B2B platform that specializes in streamlining and digitalizing supply chain management for the food and beverage industry. The company focuses on simplifying the procurement process by connecting restaurant owners with suppliers, thereby enhancing transparency, efficiency, and cost-effectiveness. Its platform provides various solutions, including automated purchasing, vendor management, and real-time inventory tracking. Additionally, SupplyNote offers backend services that support daily restaurant operations, such as food packaging, pest control, housekeeping, and payment processing. By enabling restaurants to reduce turnaround times and execution costs, SupplyNote allows businesses to concentrate on their core competencies and enhances the overall logistics and inventory management within the food industry.

Zypp Electric

Series B in 2023
Zypp Electric is a company focused on transforming last-mile delivery through its electric vehicle (EV) solutions, primarily utilizing e-scooters. It operates an app that facilitates the delivery of goods across various sectors, including e-commerce, grocery, medicine, and food, promoting a shift to electric transportation to reduce emissions. By offering a dockless e-scooter sharing service, Zypp enables users to locate and access vehicles easily, enhancing convenience and affordability for deliveries. The company's commitment to sustainability has positioned it as a pioneer in the EV logistics sector, achieving EBITDA-positive status through its innovative approach to decarbonizing transportation and making last-mile delivery more efficient.

Skye Air Mobility

Seed Round in 2022
Skye Air Mobility is a drone delivery startup that provides SaaS-based autonomous logistics solutions. The company focuses on integrating drone deliveries as a mainstream logistics solution, making sustainable last-mile logistics solutions across healthcare, e-commerce, quick-commerce, and food industries.

Falca

Seed Round in 2022
Falca is a Rural AgriTech supply chain startup that provides comprehensive farming solutions tailored for small and marginal farmers. The company operates a platform designed to connect farmers, consumers, and storage facilities using real-time predictive analytics. Its farmer-centric approach offers a range of services, including input supply, advisory support, and market linkages. By leveraging an e-commerce platform for agricultural inputs and a network of physical centers, Falca enables farmers to access a variety of resources and services in one place, enhancing their productivity and market opportunities.

MyMandi

Seed Round in 2022
MyMandi is a B2B2C marketplace that focuses on enhancing the cart-pusher community in India by providing an online platform and value-added services. The company aggregates the last-mile delivery network, facilitating a pick-and-choose model that brings market offerings directly to customers' doorsteps. Through its platform, cart-pushers can register and transition their businesses online, allowing them to expand their reach and connect with new customers. In addition to its marketplace services, MyMandi also offers fintech solutions and microlending options, aimed at supporting the digital growth of these businesses.

Fullfily

Seed Round in 2022
Fullfily is a logistics platform focused on intra-city delivery services using electric vehicles. It aims to serve the Enterprise and SMB sectors by organizing larger cities into zones with a 5 km radius, ensuring efficient service coverage. The company provides customizable delivery solutions tailored to the specific needs of various businesses, including e-commerce, e-grocery, and quick-commerce sectors. Fullfily operates a fleet of electric two-wheelers and three- or four-wheelers, promoting environmentally friendly transportation options. Additionally, it offers services such as vehicle rentals and fixed fleet arrangements with a minimum revenue guarantee, setting itself apart from competitors in the market. Through its operations, Fullfily not only facilitates deliveries but also helps businesses reduce their carbon footprint.

Frendy

Series A in 2022
Frendy operates a network of modern neighborhood mini marts in small towns across India, aiming to enhance the daily shopping experience for consumers. These mini marts are digitally connected to a network of micro kirana stores, facilitating a last mile digital commerce solution that caters to a broader range of rural consumers. By utilizing a mobile app, Frendy effectively bridges the gap between local convenience stores and their customers, ensuring that shopping needs are met efficiently in underserved areas. This innovative approach not only supports local businesses but also promotes better access to essential goods in rural communities.

Saara

Seed Round in 2022
Saara is a technology company that specializes in helping e-commerce businesses enhance their financial and environmental sustainability. It offers an AI-driven software suite that automates and optimizes various aspects of order returns, including automated returns and exchanges, product labeling and classification, customer re-engagement through personalized product recommendations, and cost recovery. This enables businesses to reduce return rates, improve operational efficiency, and minimize waste, thereby promoting a more sustainable e-commerce ecosystem.

StackBox

Venture Round in 2021
StackBOX is a technology company based in Bengaluru, India, that specializes in B2B distribution services for grocery stores. Founded in 2016, StackBOX utilizes advanced distribution technology to assist fast-moving consumer goods (FMCG) companies, brands, distributors, wholesalers, and cash-and-carry retailers in efficiently delivering their products to millions of grocery outlets. The company addresses business-to-business delivery challenges through a last-mile delivery service that incorporates routing algorithms and artificial intelligence for optimization. By leveraging large ground-level data sets and pre-packaging infrastructure, StackBOX enhances the delivery process, enabling swift access to consumers for its clients.

Ati Motors

Seed Round in 2021
Ati Motors is a manufacturer of all-electric autonomous industrial vehicles designed to enhance operational efficiency in industrial environments and warehouses. The company focuses on self-driving electric cargo vehicles that utilize advanced technologies, including light detection and ranging, cameras, and infrared sensors, to navigate various traffic conditions. Ati Motors' vehicles can seamlessly integrate with existing trolleys and workflows, allowing for the automation of material movement systems both indoors and outdoors. This innovative approach provides industries such as factories and warehouses with fully autonomous solutions to improve productivity and streamline their operations.

Magenta Mobility

Series A in 2021
Magenta Mobility is an EV charging and mobility solution provider whose mission is to revolutionize and aggregate the urban freight and transportation segment. It is creating an electric ecosystem for e-Commerce, FMCG, FMCD, Pharmaceuticals, Food, Courier & Logistics companies, as well as for employee transportation and last-mile deliveries. Magenta bases its EV delivery and logistics services on unrivaled full-stack software technology and has implemented a connected Fleet Management System.

Magenta Mobility

Seed Round in 2021
Magenta Mobility is an EV charging and mobility solution provider whose mission is to revolutionize and aggregate the urban freight and transportation segment. It is creating an electric ecosystem for e-Commerce, FMCG, FMCD, Pharmaceuticals, Food, Courier & Logistics companies, as well as for employee transportation and last-mile deliveries. Magenta bases its EV delivery and logistics services on unrivaled full-stack software technology and has implemented a connected Fleet Management System.

B:Live

Debt Financing in 2021
B:Live is a transportation company based in Panaji, India, that specializes in e-bike tourism. Founded in 2017, it offers guided tours on electric cycles, allowing tourists to explore various aspects of local culture and heritage. With operations in over ten locations across India, B:Live provides curated experiences focused on food, nature, adventure, shopping, and cultural exploration. The company aims to redefine sustainable tourism by offering an eco-friendly alternative to traditional sightseeing, as each ride limits carbon emissions significantly. Their unique electric bikes are designed for ease of use, making them accessible to people of all ages. B:Live seeks to enhance travel experiences by promoting offbeat local adventures that contribute to a more sustainable and enjoyable way of exploring new destinations.

Biddano

Seed Round in 2020
Biddano is a healthcare supply chain platform based in Pune, Maharashtra, founded in 2016. The company focuses on improving the efficiency of the delivery system between distributors and healthcare providers, particularly chemists and hospitals. Its technology streamlines order management by consolidating orders from multiple distributors into pharmacy-specific deliveries, thereby addressing supply chain gaps. Biddano's platform features real-time order tracking, demand forecasting, and analytics, which enhance the speed and reach of healthcare delivery. By providing these tools, Biddano enables medicine distributors to deliver promptly and increase overall efficiency in the healthcare supply chain.

Exprs

Seed Round in 2020
Exprs is a nano distribution company that operates a network of distribution centers strategically located in high-density areas across six cities in India. The company focuses on enhancing the last mile delivery process by offering a seamless, efficient, and cost-effective solution. By aggregating deliveries from various providers, Exprs enables e-commerce and third-party logistics firms to handle deliveries in batches, which facilitates smoother returns and improves overall efficiency. This approach not only streamlines package delivery within large residential and office complexes but also helps reduce operational costs for its partners.

Anaxee Digital Runners Private Limited

Seed Round in 2020
Anaxee Digital Runners Private Limited specializes in last-mile outreach and data collection services, focusing on rural markets in India. The company assists clients in conducting surveys, marketing applications, data collection, address verification, KYC (Know Your Customer) processes, document collection, digital customer onboarding, and lead generation. Its proprietary application tool captures various data points to address issues such as consumer buying behavior, background verification, property verification, and educating potential customers about new products and services. Anaxee serves a diverse clientele, including B2B marketplaces, Micro, Small and Medium Enterprises (MSMEs), agri-tech startups, multinational corporations, and broadcasting companies. Incorporated in 2016, Anaxee is headquartered in Indore, India, and aims to create a comprehensive network of technology-enabled field agents to facilitate connections between businesses and consumers in remote areas.

Helo Protocol

Pre Seed Round in 2020
Helo Protocol is a developer of a business management tool aimed at assisting small and medium-sized businesses, as well as micro-entrepreneurs, in transitioning to digital operations. The company provides a suite of services that includes setting up online stores, integrating payment gateways, and facilitating order management. By streamlining processes such as order taking and payment collection, Helo Protocol enables businesses to minimize daily manual efforts and enhance operational efficiency. Additionally, the platform partners with local delivery services to simplify logistics, allowing small shops and retail stores to execute business deliveries more cost-effectively. Through its offerings, Helo Protocol focuses on empowering entrepreneurs to achieve independence and ease in their business operations.

JustLikeNew

Seed Round in 2016
JustLikeNew is an e-commerce platform focused on smartphone and tablet repair services in India. The company offers an innovative solution that allows users to locate and book local service centers for device repairs, complemented by a convenient door-to-door pick-and-drop service at no additional cost. Founded by a team of professionals with backgrounds in IT, telecommunications, and fast-moving consumer goods, JustLikeNew aims to become the preferred choice for smartphone care in the region. With a commitment to leveraging technology and innovation, the company strives to enhance customer satisfaction and strengthen relationships with stakeholders.

DailyNinja

Seed Round in 2016
DailyNinja provides a hyper-local delivery platform intended to deliver daily needs right at the doorstep. The company's platform uses a booking platform, enabling users to subscribe and get their daily needs delivered to them on a monthly or week basis easily.

Truckola

Angel Round in 2016
Truckola is a technology-driven cargo transportation service that aims to transform the logistics industry. The company offers a comprehensive range of transportation services, utilizing advanced software developed by IIT engineers. This platform enables clients to conveniently book vehicles for cargo shipping and track their shipments throughout the entire process. Supported by a dedicated and experienced operations team, Truckola focuses on improving the efficiency and transparency of cargo transportation for its clients.

Porter

Seed Round in 2015
Porter is an end-to-end logistics platform that focuses on optimizing last-mile delivery operations for businesses. Established in 2014 and headquartered in Bangalore, Karnataka, the company addresses inefficiencies in the last-mile logistics sector, allowing businesses to transport goods on-demand. Porter operates an online marketplace where businesses can book mini trucks and tempos from a fleet of vehicles based on specific dates and locations. This service enables users to access reliable and cost-effective transportation options while providing real-time ride tracking. Currently, Porter has serviced over 5 million customers across 12 cities in India, including major urban centers like Mumbai, Delhi, and Bangalore.

Just Deliveries(JD)

Just Deliveries is an intra-city logistics platform that specializes in the timely and safe delivery of perishable goods. By focusing on last-mile logistics, the company ensures that products are maintained at the appropriate temperature throughout the delivery process, supporting a cold chain system. This capability allows businesses dealing with perishables to replenish their stock more frequently and cost-effectively, ultimately helping to keep fresher products available on store shelves. Just Deliveries aims to enhance the efficiency of supply chains for brands in the perishable goods sector, addressing the challenges of maintaining product quality and availability.
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