Centriti Raises Pre-Series A

Centriti Raises Pre-Series A

“This investment is a testament to the hard work and dedication of our team, and it will enable us to revolutionize the procurement systems in the hospitality industry by providing innovative solutions to streamline processes and enhance efficiency. Within a short span of two years we have been able to create a significant impact in the geographies we are present in, with this support, we are poised to deliver unparalleled value to our partners and customers.”

-Daljeet Singh, Founder & CEO at Centriti

“Being deeply engaged in the tech landscape, I’ve observed the rapid advancements within the supply chain sector, and Centriti is at the forefront of this transformation. Supply chain innovations are crucial for enhancing efficiency, reducing costs, and increasing resilience across various industries. Looking ahead, the Indian supply chain market is poised for significant growth, with projections indicating it will expand from $2.3 billion in 2022 to $12 billion by 2030. This growth trajectory underscores the critical role companies like Centriti will play in revolutionizing India’s supply chain landscape, driving efficiency, and fostering economic growth.”

Pawan Raj Kumar, Partner at Venture Garage

Centriti would use the funds primarily to expand its warehouses from 3 to 7 locations, with the main focus on expanding to 2,000 SKUs; including non-food and F&B essentials. Additionally, these funds will be invested in technology to leverage operational efficiencies.

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