HomeStartupLogistics startup Oxyzen Express raise Rs 25 crore in seed round

Logistics startup Oxyzen Express raise Rs 25 crore in seed round

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Logistics Platform OxyZEN Express Secures $3 Mn Seed Funding
  1. Oxyzen Express, a Chennai-based express logistics and supply chain solutions startup, secured $3 million (Rs 25 crore) in its second tranche of seed funding
  2. The startup recently unveiled its proprietary tech stack, OWENS, which integrates innovative design concepts aimed at enhancing customer experience while ensuring commercial efficiency. A notable feature of OWENS is the ‘Middle Mile Optimizer,’ utilizing real-time deep search data analytics to streamline and automate network decisions.
  3. Having established a nationwide network spanning over 10,000 pin codes, the company commenced operations in early 2022. Despite its recent inception, it claims to have achieved nearly $6 million in revenue during FY23.
  4. Oxyzen Express caters to prominent corporate clients across diverse sectors such as retail, pharmaceuticals, FMCG, e-commerce, electronics, and automotive industries.
SourceEntrackr

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