Blubirch, a SaaS and AI-driven reverse supply chain management startup, has secured Rs 85 crore (USD 10.2 million) in funding. Founded by IT veterans Sapan Jain, Jeby Cherian and Amit Goel, Blubirch offers a returns automation and monetisation platform, helping retailers, ecommerce players, brands, marketplaces and OEMs improve revenue, increase profits and enhance customer experience. Cornerstone Ventures (CSVP Fund) and Capital2B led this Series A round.
Sapan Jain, CEO of Blubirch, stated, “This significant funding empowers us to continue revolutionizing the reverse supply chain. Our growth strategy includes international expansion into the MENA-GCC market, furthering our commitment to building a global Automated Returns Management ecosystem.”
Abhishek Prasad of Cornerstone Venture Partners Fund said, “Blubirch is solving a complex need in the market, and its product can supercharge the entire supply chain for its customers.”
Amit Behl from Capital 2B added that Blubirch’s platform improves customer experience and reduces working capital cycles. As per the company, this funding will accelerate Blubirch’s growth, strengthening its position as a leader in reverse supply chain solutions in India, MENA, and the Indo-pacific.
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