Emiza, a third-party logistics (3PL) provider has raised ₹100 crore in a Series C funding round led by Evolvence India and Mirabilis Investment Trust at a valuation of ₹400 crore.
The funding round comprises a mix of primary and secondary investments, enabling exits for some early investors.
The newly raised funds will be used to drive innovation, with a focus on enhancing warehouse technology, increasing automation, expanding its footprint with new facilities and launch new services to meet evolving market demands.
Ajay Rao, Founder of Emiza, said, “This Series C funding is a testament to the trust our investors place in Emiza’s vision and capabilities. We have always aimed to bridge the logistics gap for brands by offering solutions that are agile, tech-driven, and tailored to their needs. With this funding, we are poised to accelerate our mission of empowering consumer and retail brands, ensuring seamless operations across the supply chain while helping them focus on what they do best: building exceptional products and brands.”
Ajit Kumar, Managing Partner, and Deependra Singh Dhamu, Principal at Evolvence India, said, “India’s e-commerce sector is experiencing rapid transformation, driven by innovation in logistics and warehousing. Emiza has emerged as a key enabler in this ecosystem, delivering customised warehousing and fulfilment solutions that elevate customer experiences and drive operational excellence for its partners. By harnessing agile, data-driven supply chain solutions, Emiza empowers brands to scale effortlessly while redefining omnichannel retail. Emiza has firmly established itself as a leading player in this space with deep industry expertise and a proven track record. This investment underscores our confidence in their vision to expand their technology-powered, multi-tenant infrastructure. We are delighted to partner with Emiza as they continue to play a pivotal role in shaping the future of India’s e-commerce landscape.”
Srinivas Seshadri, Head of Investments at Mirabilis Investment Trust, said, “We are delighted to partner with the Emiza team in their journey of empowering insurgent D2C brands, which are disrupting the consumer ecosystem. Ajay, Jitendra, and their team have built best-in-class solutions for their customers, which are tech-heavy, agile, and cost-effective, leading to seamless inventory and order management. This is crucial for brands in both their initial 0-1 and their scaling 1-100 journeys as they can focus on their core priorities like product innovation, branding, and marketing management while leaning heavily on partners like Emiza on the fulfilment side.”
Founded in 2015 by Ajay Rao and Jitendra Kumar, Emiza is a logistics company that provides warehousing and fulfillment services for e-commerce businesses.
Emiza’s focus on offering agile and technology-driven solutions has enabled it to provide end-to-end fulfilment services for brands operating across online and offline platforms.
Currently, Emiza operates a network of warehouses in over 11 cities, managing more than 50 lakh cubic feet of space.
