Total amount raised
$20.9 Million
Latest funding date
01/01/2025
Location
Emiza has successfully raised funding over four rounds, with the latest being a Series C round. The company is backed by six investors, including Evolvence India Fund and Mirabilis Investment Trust.
Emiza's strategic acquisition of Shippigo highlights its commitment to expanding its logistics capabilities. Keep reading to explore the intricacies of Emiza's fundraising journey and the investors backing this innovative platform.
What Is Emiza?
Emiza, founded in 2015, is a prominent player in the logistics and supply chain management industry. Based in Mumbai, Maharashtra, India, the company specializes in third-party logistics services, including warehousing and fulfillment for eCommerce businesses.
With a workforce of 51-100 employees, Emiza is dedicated to empowering brands and businesses through efficient and scalable logistics solutions. The company operates across multiple sectors such as E-Commerce, Industrial, Infrastructure, and Logistics, ensuring comprehensive supply chain management for its clients.
How Much Funding Has Emiza Raised?
- Series A
- Amount Raised: USD 4,500,000
- Date: April 2017
- Lead Investors: Mayfield Fund
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support initial growth and development of logistics capabilities.
- Series B
- Amount Raised: INR 375,000,000
- Date: May 2022
- Lead Investors: JM Financial Private Equity
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand warehousing and fulfillment services.
- Series C
- Amount Raised: INR 1,000,000,000
- Date: January 2025
- Lead Investors: Evolvence India Fund, Mirabilis Investment Trust
- Valuation at Round: INR 400 crore
- Motivation Behind the Round: To enhance technological advancements, improve automation, and establish new facilities.
Total Amount Raised: USD 19,500,000
Current Valuation: INR 400 crore
Key Investors
- Evolvence India Fund
- Details: Evolvence India Fund is a private equity firm that focuses on investing in high-growth companies in India. The firm typically invests in sectors such as healthcare, education, financial services, and consumer goods.
- Investment Focus Areas: Healthcare, Education, Financial Services, Consumer Goods
- Notable Investments: Emiza (Series C)
- Mirabilis Investment Trust
- Details: Mirabilis Investment Trust is an investment trust that focuses on providing capital to high-potential companies. The specific focus areas and sectors of interest for Mirabilis Investment Trust are not detailed in the sources.
- Investment Focus Areas: Tech-heavy, agile, and cost-effective solutions, Support for brands in their initial 0-1 and scaling 1-100 journeys, Seamless fulfilment and logistics operations
- Notable Investments: Emiza (Series C)
- JM Financial Private Equity
- Details: JM Financial Private Equity is a private equity firm that provides growth capital to mid-market companies in India. The firm focuses on sectors such as financial services, healthcare, and consumer products.
- Investment Focus Areas: Financial Services, Healthcare, Consumer Products
- Notable Investments: Emiza (Series B)
- Mayfield Fund
- Details: Mayfield Fund is a global venture capital firm with a focus on early-stage investments. The firm invests in sectors such as technology, healthcare, and consumer products.
- Investment Focus Areas: Technology, Healthcare, Consumer Products
- Notable Investments: Emiza (Series A)
What's Next for Emiza?
Emiza stands at the cusp of significant growth, driven by technological advancements and enhanced automation. The company plans to expand its warehousing network, which currently spans 11 cities, to support the increasing demand for quick commerce and regional inventory. This expansion presents a substantial opportunity for Emiza to solidify its position in the logistics sector.
Future fundraising appears promising as Emiza continues to innovate and scale its operations. The recent Series C funding round, which raised INR 100 crore, sets a strong precedent for potential future investments. However, the company may face challenges in managing rapid expansion and maintaining high service levels amidst competitive pressures in the logistics and e-commerce sectors.
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