Merak Ventures has spearheaded a $1.2 million seed funding round for Rupyz, a Gurugram-based Software as a Service (SaaS) platform specializing in B2B e-commerce. The investment, with additional support from angel investors, marks a pivotal moment for Rupyz as it positions itself to revolutionize the landscape of digital commerce.
Founded in 2019 by Dhaval Radia, Gourav Gupta, Akshay Gupta, and Palash Lunia, Rupyz has quickly established itself as an innovative force in the SaaS space. The platform enables brands to digitize and scale their distribution channels, both offline and online, by serving as a comprehensive digital infrastructure that maps the entire supply chain. The recent funding injection is set to further strengthen Rupyz’s core technological capabilities, ensuring robust and scalable solutions to meet the evolving needs of small and medium-sized businesses.
The company’s ambitious goal is to onboard over 3,000 businesses within the next 12 to 15 months, reflecting its confidence in the transformative impact of its platform. Rupyz’s unique approach extends to functioning as an inventive omni-channel solution, seamlessly connecting over 85 brands, 6,500 distributors, and an extensive network of 250,000 retailers nationwide.
A notable claim by Rupyz is its ability to deliver a substantial 20% to 30% improvement in Return on Investment (ROI) and operational efficiency for its clients. This promise positions Rupyz as a compelling solution for businesses seeking to optimize their supply chain operations and enhance overall efficiency and profitability.
Merak Ventures, renowned for its strategic investments in innovative ventures, leads the funding round, underscoring its confidence in Rupyz’s potential within the competitive market. The infusion of capital not only supports Rupyz’s ongoing operations but also empowers the company to dedicate resources to research and development, ensuring it remains at the forefront of technological advancements in the SaaS and B2B e-commerce sectors.
As Rupyz secures this significant investment, it is poised to accelerate its growth trajectory and solidify its position as a key player in the B2B e-commerce space. The collaboration with Merak Ventures opens new avenues for Rupyz to expand its reach and impact, ultimately reshaping the way businesses manage their distribution networks.
This funding round signifies not only a financial milestone for Rupyz but also a validation of its vision and potential. With Merak Ventures leading the charge, Rupyz is set to embark on a new chapter of innovation and growth, contributing to the evolution of B2B e-commerce and supply chain management.
