Supply chain firm Increff raises $12 mn in funding for expanding business

Increff, a company that provides supply chain services for e-commerce, fashion, and retail brands, has raised $12 million in a funding round attended by TVS Capital Funds, Premji Invest, and Flipkart co-founder Binny Bansal’s 021 Capital

Increff, a software as a service specialist, will use the Series B funding for setting up offices, building teams in the US and Europe and adding products and services. The funding round saw participation of six existing angel investors.

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“We have been growing between 83% and 116 % YoY for the last 4 yrs (including Covid years). We are a capital-efficient company and have every internal