AltiusHub, a supply chain visibility software provider, has raised $2.25 million in a seed funding round led by Endiya Partners. The round saw additional backing from friends and family.
The newly raised fund will be used to strengthen the engineering team and hire senior talent in specific sectors.
“AltiusHub was born out of a deep-seated concern with the vulnerabilities in traditional supply chains. We saw firsthand the devastating consequences of counterfeit products, particularly in industries like pharmaceuticals. Our vision is to create a technology that would not only enhance supply chain visibility but also provide a proactive defence against counterfeit threats. We believe that by empowering businesses with the tools they need to protect their brands and safeguard consumer safety, we can make a significant impact on the global marketplace,” said Abiram Vijaykumar, Co-founder, AltiusHub.
Sateesh Andra, managing partner, Endiya Partners said, “As India’s pharma exports expand, ensuring compliance, visibility, and efficiency across the supply chain is crucial. AltiusHub’s advanced SaaS platform empowers pharma companies to track and trace products from production to final sale while adhering to global regulatory standards such as US DSCSA, EU FMD, UAE Tatmeen, and India’s iVeda, ensuring product integrity.”
Endiya Partners portfolio includes companies like Darwinbox, Kissht, SigTuple, Zluri, Qapita, Eyestem, Scrut Automation, Sugar.fit, and AquaExchange.
Founded in 2023 by Siddharth Reddy and Abiram Vijaykumar, AltiusHub is a supply chain visibility software that helps manufacturing entities secure their supply chains initially targeting the pharmaceutical sector to prevent counterfeit medications from infiltrating the supply chain.
The company’s SaaS platform enables pharma companies to track and trace products from production to final sale while adhering to global regulatory standards such as the United States’ Drug Supply Chain Security Act (US-DSCSA), the European Union’s Falsified Medicines Directive (EU-FMD), the United Arab Emirates’ Tatmeen, and India’s iVeda, ensuring product integrity.
The Hyderabad-based company’s advanced technology identifies patterns in the supply chain, helping businesses protect product integrity and consumer safety. AltiusHub claims to have a portfolio of category-defining companies, including Darwinbox, Kissht, SigTuple, Zluri, Qapita, Eyestem, Scrut Automation, Sugar.fit, and AquaExchange, positioning itself as a key player in the global manufacturing supply chain ecosystem.
