The B2B SaaS market is also experiencing a high investment rate, with specialised logistics applications picking up among international companies. Recently, Mojro, one of the leading B2B SaaS services that specializes in logistics planning and optimization has declared that it has just efficiently raised funds of $3 million during its most recent fundraising round.

The IAN Alpha Fund led this investment, which was also joined by 1Crowd and some of the current investors of the company. This marked a decisive twist in the growth of the firm.

Fund utilization and core offering

The new capital is to be used in various key growth and infrastructure development sectors. Mojro plans to use the $3 million to propel its growth into the high-growth international markets, i.e., the United States and Southeast Asia.

In addition to geographical scaling, the investment will be focused on developing the proprietary AI-based optimization environment of the company. As part of these grand objectives, the company will intensify its internal capabilities in the product development, engineering, and sales departments so that it no longer requires outsourcing human resources to hold the same level of technological advantage and market penetration.

Mojro was launched in 2016 by the entrepreneurial trio of Kishan Aswath, Amit Kulkarni, and Ranganath Seetharamu, and has grown to become an essential force in logistics technology. The company focuses on the construction of advanced SaaS solutions that can be used to automate logistics planning and optimization among mid to large-sized companies.

It has a wide variety of clients in a number of key industries, such as Consumer Packaged Goods (CPG), retail, courier services, dairy, and e-commerce. With a strong digital platform, Mojro will help such businesses to streamline the tricky delivery route, deal with a number of logistical restrictions, and eventually lower the overhead involved in supply chain management.

Value proposition and business model

The business model of Mojro is based on a usage-pay SaaS structure, a structure that is flexible and thus matches the revenue with the value that it renders to its customers. The strategy has worked especially well in the international markets that constitute over 60% of the total revenue of the company.

The company is operationally powerful in the United States, Malaysia, Singapore, and the Philippines. Mojro has also entered into strategic alliances with some of the biggest consulting and technology companies in the US to help it in its customer acquisition in the North American region, taking advantage of their local understanding of the market to expand its business locally.

PlanWyse and ExecuteWyse are two flagship products in Mojro and are at the center of its value proposition. These tools are meant to operate in conjunction with each other and provide full optimization functionality as well as the ability to monitor the execution of supply chains in real-time.

The performance of the mentioned solutions can be evaluated by the performance claims of the company that indicate that a customer can attain a 20% reduction in logistics expenses. Mojro is also focused on the effectiveness of its implementation procedure, which means that enterprises can anticipate observable, beneficial results in as few as 90 days after the platform deployment.

Conclusion

Following a successful close of this round of funding amounting to $3 million, led by IAN Alpha Fund, Mojro stands to establish itself as a leader in the world logistics SaaS market. With technological innovation that is built on AI and a solid international expansion strategy, the company is meeting the growing needs of affordable and efficient supply chain solutions. As Mojro keeps optimizing its product portfolio and growing its cross-border cooperations, it still aims to provide large organizations with fast and direct ROI as it strives to navigate the intricacies of the modern supply chain.