Logistics startup OORJAA raises Series A funding led by Equentis Angel Fund

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OORJAA, a technology-led logistics platform, has raised Rs 9.7 crore ($1 million) in a Series A funding round led by Equentis Angel Fund, with participation from Inflection Point Ventures (IPV). This is the first close of a larger round, for which the company is in advanced discussions with a few VC funds.
The fresh funds will be used for technology and product development, scaling Datashastra, its proprietary AI/SaaS logistics stack, and strengthening its control-tower and automation capabilities, OORJAA said in a press release.
The Mumbai-based startup had earlier secured$1.5 million in a pre-Series A round led by Micello Fund, with participation from Capital-A, Java Capital, Anicut Capital and Lead Angels in September 2023. In October 2023, it raisedRs 5.35 crore in a pre-Series A 2 round from Inflection Point Ventures (IPV), Vinners Platform, Soonicorn Ventures and HEM Angels.
Co-founded in 2019 by Sandeep Patil, Prashant Mohite, Yogesh Parab and Umesh Singh, OORJAA is a technology-led logistics company operating mid-mile and last-mile networks across more than 200 Indian cities.
OORJAA’s proprietary AI stack, Datashastra, powers route optimisation, reconciliation and 24×7 control-tower visibility. The platform is also offered as a standalone SaaS suite internationally. Its differentiator is an outcome-linked cost-per-unit model, under which clients pay for units moved rather than assets deployed.
According to market research, the global logistics market is valued at $10 trillion, while the logistics SaaS segment, which Datashastra focuses on, is growing at a high single-digit to double-digit CAGR.
OORJAA claims to move more than 3 million products and 50,000 last-mile orders daily across over 200 cities, while maintaining 95% SLA compliance for enterprise clients including Zepto, Blinkit, Amazon and Swiggy. The company is also deploying EVs across dense urban clusters to further lower unit costs and emissions.
Technology-led logistics platforms are becoming an increasingly important part of India’s startup ecosystem, using AI, SaaS, automation, real-time tracking, data analytics and digital marketplaces to address inefficiencies in the country’s fragmented freight and supply-chain sector.
Gurugram-based TrucksUp raised $8.2 million today to strengthen its technology platform and streamline trucking operations. FreightFox raised Rs 5 crore to scale its transportation management and control-tower platform, while tech-driven EV fleet and fulfillment startup TOCAL secured Rs 9 crore to expand into new cities and build fulfillment infrastructure.

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