Techjockey News

Pando, a well-known and comprehensive supply chain software company, has revealed that it has managed to raise thirty million dollars in the second round of funding on 3rd May. The second funding round was headed by Silicon Valley, with investors like Iron Pillar and Uncorrelated Ventures, and various existing investors were also present.

Additionally, various iconic and popular American-origin CEOs made significant contributions to the funding. The company, in an interview, was quoted saying “that they are planning to utilize the funds that will help in the overall growth and development of Pando in different regions and industries.”

The foundation stone for Pando was laid by accomplished and visionary leaders Ashok Vasan and Nitin Jaikrishnan. Till date, Pando has provided SaaS-based products to various businesses across the globe for seamless optimization of their freight and logistics management.

Pando’s recent launch was a Fulfillment Cloud, an AI-powered, no-code platform that is designed for collaborative fulfillment.

It has helped companies across the globe, thereby improving their overall service levels, and minimizing the carbon footprint and costs for the Top 500 business organizations.

Some of the popular customers of Pando consist of Johnson & Johnson, Procter, Gamble, Nestle, and many more. Pando has successfully managed to raise forty-five million dollars in funding.

Mohanjit Jolly, who is the partner at Iron Pillar, was quoted saying, “Pando has been addressing the problem in a comprehensive manner, with its exceptional talents in India and the United States of America. Their collaboration with Top 500 companies is linked to their overall product quality and efficient team management”.