JustDeliveries, a pioneering provider of logistics solutions for perishable goods, has announced the successful closure of its pre-Series A funding round, securing an impressive $1 million in investments. The funding, led by Nabventures and joined by Faad Network, Anay Ventures, Caret Capital, and the Mahansaria Family Office, will facilitate JustDeliveries’ strategic expansion plans and strengthen its position in the competitive logistics landscape.
Founded in 2022 by industry visionary Mahansaria, JustDeliveries has rapidly emerged as a key player in the perishable logistics sector, offering innovative solutions to address the challenges inherent in the cold supply chain. With a focus on collaboration with leading Quick Service Restaurants (QSRs), café chains, and brands specializing in fresh and frozen products, JustDeliveries has earned a reputation for reliability and excellence in delivering perishable goods across various regions.
The infusion of capital will enable JustDeliveries to enhance its logistics network in critical hubs such as Bengaluru, Mumbai, Pune, and the national capital region, while also venturing into new markets, including Hyderabad. Over the next 3-4 years, the company aims to extend its presence to 8-10 cities across India, leveraging advanced technology and strategic partnerships to optimize efficiency and reduce wastage in the perishable supply chain.
Nabventures, the investment arm of the National Bank for Agriculture and Rural Development (Nabard), has been instrumental in driving investment in innovative startups operating in agritech, foodtech, rural fintech, healthtech, and edtech sectors. JustDeliveries joins Nabventures’ esteemed portfolio alongside other notable names such as Unnati, Jai Kisan, and TenderCuts, reaffirming the investor’s commitment to fostering growth and innovation within the food and agricultural ecosystem.
Mahansaria, Founder of JustDeliveries, expressed gratitude for the support of investors and emphasized the company’s dedication to delivering exceptional value to clients while upholding principles of sustainability and social responsibility. The funding milestone represents a significant step forward for JustDeliveries, enabling the company to scale its operations and drive positive change within the perishable logistics industry.
As JustDeliveries embarks on this new phase of growth and expansion, it remains committed to delivering excellence at every stage of the supply chain journey. With a clear vision and robust backing from investors, JustDeliveries is poised to redefine the standards of efficiency and reliability in perishable logistics, shaping the future of the industry and creating lasting value for all stakeholders.
