Supply chain firm Iron Pillar leads Pando's $30 mn series B funding
ECONOMY & POLICY

Supply chain firm Iron Pillar leads Pando's $30 mn series B funding

Pando, a supply chain and logistics software-as-a-service (SaaS) company, raised $ 30 million in Series B funding from Iron Pillar, a venture growth investor with a focus on technology. Pando, a company with headquarters in San Jose, California, and product development in Chennai, India, has received a $ 12 million investment from Iron Pillar. Other well-known SaaS software companies that Iron Pillar has invested in include Jiffy.ai, CoreStack, Ushur, Uniphore, and Ushur.

Uncorrelated Ventures, well-known American CEOs and angel investors, together with previous investors Nexus Venture Partners, Chiratae Ventures, and Next47, joined Iron Pillar in the Pando investment. The main reason Pando's founders and current investors chose to engage with Iron Pillar was to take advantage of the company's global reach, hands-on approach to supporting entrepreneurs, vast network of partners, and clients, particularly in the US and the Middle East.

Businesses can no longer rely on outdated, compartmentalised logistics systems to create products that are accessible, inexpensive, and sustainable as supply chain interruptions become the norm.

Supply chain disruptions have increased over the past few years as a result of the pandemic, climate change, geopolitical unrest, and other issues. These are posing serious problems for businesses and restricting consumers' access to high-quality goods. In a recent poll conducted by Deloitte, more than 70% of manufacturing executives stated that their businesses had been impacted by supply chain problems in the previous year, with 90% of those businesses reporting rising costs and falling productivity.

Also read:
Bridgepointe Technologies and Bharti Airtel forms strategic alliance
Jaiprakash Associates defaults on million loan repayment


Pando, a supply chain and logistics software-as-a-service (SaaS) company, raised $ 30 million in Series B funding from Iron Pillar, a venture growth investor with a focus on technology. Pando, a company with headquarters in San Jose, California, and product development in Chennai, India, has received a $ 12 million investment from Iron Pillar. Other well-known SaaS software companies that Iron Pillar has invested in include Jiffy.ai, CoreStack, Ushur, Uniphore, and Ushur. Uncorrelated Ventures, well-known American CEOs and angel investors, together with previous investors Nexus Venture Partners, Chiratae Ventures, and Next47, joined Iron Pillar in the Pando investment. The main reason Pando's founders and current investors chose to engage with Iron Pillar was to take advantage of the company's global reach, hands-on approach to supporting entrepreneurs, vast network of partners, and clients, particularly in the US and the Middle East. Businesses can no longer rely on outdated, compartmentalised logistics systems to create products that are accessible, inexpensive, and sustainable as supply chain interruptions become the norm. Supply chain disruptions have increased over the past few years as a result of the pandemic, climate change, geopolitical unrest, and other issues. These are posing serious problems for businesses and restricting consumers' access to high-quality goods. In a recent poll conducted by Deloitte, more than 70% of manufacturing executives stated that their businesses had been impacted by supply chain problems in the previous year, with 90% of those businesses reporting rising costs and falling productivity. Also read: Bridgepointe Technologies and Bharti Airtel forms strategic alliance Jaiprakash Associates defaults on million loan repayment

Next Story
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?