Introduction
Hyderabad-based, tech-enabled B2B, Navata Supply Solutions (Navata SCS), a last-mile incorporated logistics podium, has raised around Rs. 13.5 crore ($1.52 million) in a unmarked financial support round led by Abyro Capital with additional participation from Equanimity Investments, the current investor, which had led the earlier round of the firm.
Infusion of capital
Navata Supply Solutions (Navata SCS), a Hyderabad-based, tech-enabled B2B, a last-mile logistics platform, has secured Rs. 13.5 Crore ($1.52 million) in an unmarked funding round led by Abyro Capital. The infusion of capital will enable Navata Supply Chain Solutions to speed up its growth throughout India, enhance its AI-powered logistics ecosystem, expand its reach within the retail, manufacturing, and e-commerce supply chain divisions, and also intensify its enterprise-focused offerings. This will be done by facilitating more innovative and smarter supply chain solutions.
Transformation of Navata Supply Chain Solutions
- Established in 2020 by siblings Vineel Parvataneni and Hima Parvataneni, Navata SCS is deeply committed to transforming and modernizing India’s uneven B2B logistics sector.
- Moreover, through predictive intelligence, operational excellence, and advanced technology, the organization provides transparent, cost-effective, and fast logistics solutions throughout both rural and urban regions.
- The co-founder of Navata Supply Chain Solutions, Vineel Parvataneni, stated that this investment will enable the company to advance its mission of developing a comprehensive logistics platform powered by data and AI.
- The round signifies the first India-focused investment of Abyro Capital, following earlier international investments into Monetize360 and NavaFlex Inc.
- The operator-led venture company chiefly invests in early-phase startups in vertical SaaS, infrastructure AI, and deep-tech areas.
Mission and vision of Navata Supply Chain Solutions
- Vision of Navata Supply Chain Solutions: The company’s vision is to deploy its funds towards accelerating the expansion of its pan-India operations, reinforcing its AI-driven logistics infrastructure. Another significant vision is to expand its global network, develop a more flexible and competent logistics environment for India, and engage with new enterprise clients.
- Business operations of the company: The Company organizes current small players, authorizes them to comply with technology, and ensures full visibility alongside functional competence.
- Addressing challenges by Navata: Navata SCS is overcoming one of the significant logistics cost challenges within India, developing future-ready and intelligent supply chains. Former CEO of T-Hub and Advisor at Abyro Capital, Srinivas Rao Mahankali (MSR), said that the supply chain and logistics sector in India is facing significant disruption, and the company is at the front of this change. The team combines domain expertise with technology-first thinking, making them well-positioned to address critical bottlenecks for MSMEs and enterprises.
- Commitment of Navata: Managing Partner at Abyro Capital, Vamsi Kora, said that, apart from their investment, they are highly dedicated to sustaining the company and improving its tech platform for international acceptance. Hima Parvataneni, CEO and co-founder of Navata SCS, stated that Navata is also committed to building strong partnerships for growth, from creating a supply chain strategy to operating it in an operationally effective manner that minimizes transit times and costs.
Strategy used by Navata
Navata adopts a customer-centric and holistic approach by adding value throughout the entire supply chain, from warehousing and transportation to last-mile delivery. By introducing data-driven and tech solutions, the company aims to provide real-time visibility at every step.
Furthermore, the company has enhanced its enterprise solutions for mid- and large-market consumers by accelerating nationwide growth. The organization’s strategy also includes blending operational excellence, data intelligence, and technology to attain its vision.
Steps taken by Navata: To support consumers in addressing the challenges of managing multiple vendors, the firm provides a one-stop, inclusive solution for all their supply chain requirements.
The organization has continued to develop its profound network within rural areas, along with its dedicated proficiency in rural delivery, to offer brands a competitive advantage.
The holistic strategy of Navata is intended to lessen the overall costs of the supply chain and streamline operations. With its strong partnership with Equanimity Ventures, the organization intends to develop its warehousing solutions and last-mile delivery services to assist consumers in fulfilling their needs across the nation in a cost-effective manner.
Key achievements
- Navata has influenced the supply chains of over 100 organizations across various industries, including Pharma, Electronics, Apparel, Agro, and FMCG, resulting in significant cost savings. This indicates that Navata showcased to its investors its capability to achieve outcomes by displaying a history of influencing the supply chains of approximately 100 firms and attaining major cost savings.
- The company has been an expert in rural delivery.
- With the power of local, vetted ecosystem partners and a tactical hub network, they facilitate the shortest lead times, along with cost-effective rural delivery.
- By utilizing ML/AI algorithms for course optimization, combined with a range of delivery approaches, they have addressed the challenging issue of the last mile for both rural and urban deliveries.
- The company has developed and refined its functional models to ensure seamless deliveries within rural areas.
The future
In the future, Navata aims to develop its proprietary software, NSCS, by integrating supply chain data under a single umbrella and facilitating AI insights to optimize its supply chains.
The aim of the organization is to carry out its mission and vision, reaching more consumers by supporting them in making their supply chain a major competitive advantage, rather than driving top-line growth and acting as a cost center.
