Online supply chain platform, Original4Sure has received $2.1 million funds from its investor, Venture Highway in pre-Series A round, according to a media report.
It will use the capital to expand its operations, strengthen its workforce, acquire more clients and build its technology infrastructure, O4S said in its statement, as reported by daily news, VC Circle.
Through its online platform, the startup company renders its clientele with insights and also permits them to regulate their supply chain.
In the past year, we have tracked over 500 million unique products across 100,000 retailers in general trade, Co-founder and CEO of O4S, Divay Kumar told the daily news.
It has been successful in winning key contracts with large marquee brands within a short span of time, Co-founder of Venture Highway, Samir Sood told the daily news.
O4S was established by Divay Kumar and Shreyans Sipani in 2016. After a year, the company received seed funding of roughly $400,000 from investors, including Venture Highway. It is based in Gurugram and has bureaus in Hyderabad as well as Bengaluru.
The company offers eponymous products, Supplytics and Original4Sure which are operated by machine learning. More so, other services provided by the company are product verification, loyalty programme management and real-time inventory tracking.