Mojro Technologies, a logistics company focused on artificial intelligence (AI)-driven supply chain optimisation, has closed its Series A funding round at $5.5 million. The round includes a previously announced $3 million investment led by IAN Alpha Fund with participation from 1Crowd, along with a $2.5 million extension fully funded by Dallas Venture Capital (DVC).
The firm will use the capital to accelerate its global expansion and drive product innovation. The company said it enables enterprises to optimise route planning, improve fleet utilisation, and drive cost efficiencies at scale across increasingly complex, multi-node supply chains.
According to The Business Research Company, the global AI in logistics market is expected to reach $38.68 billion in 2026, growing at a CAGR of 46.9%. This momentum is reflected in India, where the rise of quick commerce and e-commerce has driven the last-mile logistics market to an estimated $5.5 billion, with projections to reach $10 billion by 2030.
Anchored by products such as PlanWyse and ExecuteWyse, Mojro enables multi-dimensional optimisation across routes, schedules, trips, drops, space, and weight. It is currently in use by enterprises across FMCG, dairy, food and beverage, third party logistics (3PL), and retail sectors. The company said the platform helps customers achieve up to 20% reduction in logistics costs while improving service levels and decision-making.
Commenting on the funding, Kishan Aswath, co-founder and CEO of Mojro, said: "Our differentiated optimisation capabilities have delivered measurable results for enterprises across the US, India, and Southeast Asia, and this funding enables us to further scale that impact. We will continue to invest in expansion in foreign markets to build more resilient supply chains."
Kiran Kalluri, partner at DVC, said: "As global supply chains grow increasingly intricate, Mojro stands at the forefront of transforming how businesses plan, optimise, and execute logistics operations." Key Venture served as the exclusive financial advisor for the transaction.
Source: Business Standard
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