Xindus, a full-stack cross-border logistics startup, has raised $10 million in series A funding, led by 3one4 Capital and Orios Venture Partners. The round also saw participation from Shastra VC and Caret Capital.
The capital will be used to scale Xindus’ operations. The company is aiming to onboard 10,000 customers over the next 18 months, from 1,000 currently, aims to grow its gross merchandise value (GMV) to $200 million during the same period, the company said in a statement.
Xindus plans to strengthen its foothold in India-US corridor while expanding market reach across key regions like the UK, Canada, Australia, Europe, and the Middle East, the statement read.
“This investment marks a pivotal milestone in our journey to empower Indian SMEs with the tools they need to thrive globally. Navigating across complex trade regulations, infrastructure, and technology gaps often hampers growth for many businesses; Xindus is here to change that narrative,” said Saurabh Goyal, Founder and CEO, Xindus.
“With this funding, we’re committed to delivering scalable solutions that allow businesses to focus on selling and expanding across borders without worrying about operational hurdles,” he added.
Founded in 2022 by Goyal (CEO and co-founder), Madan Mohan (CTO and co-founder), Jaikaar Singh (EVP and co-founder), and Saptarshi Datta (EVP and co-founder), Xindus simplifies cross-border trade through XindusOne, an integrated platform for cross-border businesses. The platform empowers Indian SMEs looking to access global markets by streamlining order fulfillment, worldwide shipping, trade compliance, and seamless management of financial flows.
“Given the recent trends in global markets, India stands at a unique position to scale up its exports. We believe platforms like Xindus can fast-track India’s export growth, enabling manufacturers with the tools to streamline exports. We are very excited to support Saurabh as he builds India’s largest trade enablement platform,” said Anurag Ramdasan, Partner, 3one4 Capital.
Quote from Madhav Tandan, Senior Partner, Orios Ventures: "As India transitions into a trillion-dollar export economy, Xindus is poised to play a transformative role in enabling SMEs to compete on the global stage efficiently by providing a holistic, world-class yet cost-effective experience."
According to the company, its flagship product suite – XindusOne – currently integrates with over 200 global marketplaces, helping businesses reduce trade complexity and costs by up to 20 percent, while enabling sellers to adapt quickly to evolving trade policies such as updated tariff norms in major export markets like the US.
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