Last Updated on February 24, 2026 by Rajat Bhati
B2B logistics software platform Mojro has raised USD 3 million (~INR 2.73 crore) in a Series A round led by IAN Alpha Fund, with participation from 1Crowd and other existing investors. Mojro Series A fund will be used to deepen Mojro’s presence in the United States and Southeast Asia, invest in its AI-driven optimisation suite, and step up hiring across product, engineering and sales functions. The company is also eyeing expansion in Malaysia, Singapore and the Philippines.
Founded in 2016 by Kishan Aswath, Amit Kulkarni and Ranganath Seetharamu, Mojro provides a planning-and-execution platform for mid- to large-sized enterprises across CPG, retail, courier, dairy and e-commerce. Over 60% of its revenue now comes from international customers.
Management Commentary
“With the differentiated optimisation capabilities that Mojro offers … this funding will help us scale faster in these markets and further differentiate our offerings,” Mojro co-founder and CEO Kishan Aswath said.
“The growth story of Mojro exemplifies the kind of supply chain analytics and logistics innovation that customers are looking for globally,” added Rajnish Kapur, managing partner at IAN Alpha Fund, noting plans to back further product innovation and international scaling.
Mojro: Business Overview
Mojro’s software combines operations research and machine learning to optimise routing, capacity, delivery windows and other real‑world constraints; it is offered on a usage-based pricing model to align costs with customer activity. The firm lists solutions spanning planning, visibility and last‑mile execution for enterprise logistics teams.
Bengaluru-headquartered Mojro has also pursued go‑to‑market partnerships to accelerate regional expansion, including in Southeast Asia, earlier tying up with channel partners for sales execution, previous announcements indicate.
Investor Backdrop & Market Context
Mojro Series A round comes after IAN Group closed its USD 100 million Alpha Fund in December 2025, with a mandate to back early‑stage, technology-led startups across sectors, including SaaS and deep tech. The Mojro investment aligns with that thesis, aimed at measurable ROI and global scaling.
Mojro competes in a crowded logistics-tech landscape where enterprises are digitising dispatch, visibility and last‑mile operations to contain costs and improve service reliability. Industry coverage suggests investor interest remains selective, with traction and proven outcomes key determinants for funding.
Key Highlights of Mojro Series A Round
- Amount raised: USD 3 million (Series A) led by IAN Alpha Fund; 1Crowd and existing investors participated.
- Use of proceeds: US and Southeast Asia expansion, AI platform enhancement, hiring across product/engineering/sales.
- Business: B2B logistics planning and execution SaaS for CPG, retail, CEP, dairy, e‑commerce.
- Overseas traction: 60%+ of revenue from international markets.
Bottomline: Mojro Series A funding gives added firepower to pursue customers in the US and Southeast Asia while sharpening its optimisation stack. With a majority of revenue already offshore and a usage‑based commercial model, execution on hiring and partner‑led go‑to‑market will be crucial to convert the next leg of expansion into durable growth.
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