Unicommerce gets funding from Nexus Venture Partners
Unicommerce has announced that it has received funding from Nexus Venture Partners for Uniware.
Unicommerce’s flagship product Uniware is an easy-to-deploy web-based solution that manages the complete order fulfilment lifecycle. Companies can easily manage vendors, procurement, inventory, warehouse, shipments and returns. This enables enterprises and their customers to keep track on a real-time basis of pending orders, order fulfilment and shipment status. The platform auto updates inventory and order status across the entire supply chain removing possibilities of stock outs.
Uniware is being used by numerous e-commerce companies and retail businesses, as well vendors who supply to them – clients in South East Asia and Canada.
Ankit Pruthi, Co-Founder, Unicommerce.com, said, “We are thrilled to work with Nexus Venture Partners who have deep experience in helping build market-leading companies. The funding will help Unicommerce increase sales and marketing efforts and continue to build its product and infrastructure.”
Anup Gupta, Managing Director, Nexus Venture Partners, said, “Unicommerce is fulfilling a growing market need in India and overseas for simple, easy-to-deploy and use order, inventory management and fulfilment platform for online and offline businesses. We are excited about the opportunity and delighted to partner with the bright and nimble team at Unicommerce.”
Unicommerce platform is being adopted by small and medium enterprises and large companies as they are easier to deploy and use compared to conventional ERP platforms. Uniware customers have benefited from improvement in order fulfilment rates, reduced manual intervention and leakages in warehouse and delivery management, and unified view and analytics across the supply chain.
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