Kale Logistics funding

kale logistics funding

Logistics tech startup, Kale Logistics has raised $5 million in Series A funding from Inflexor Ventures, a technology-focused VC fund. Existing investors were also a part of this round.

Kale Logistics plans to use the funds for –
● Product enhancement
● Global business growth by sharing with these technological solutions at more airports overseas, ports, and enterprise cargo handling customers.

Inflexor, the investing company informed that it has invested in four other companies from Fund II, including players like Steradian Semiconductors, PlayShifu, and Vitra.ai.

Inflexor Ventures’ partner, Pratip Mazumdar, said: “Our investment in Kale Logistics fits our thesis of investing in category-defining, enterprise-grade, vertical SaaS products addressing the global market. The company is led by a stellar team with demonstrated capabilities of executing a global go-to-market strategy.”

Moreover, he added that “We believe Kale Logistics will play a pivotal role in radically transforming global cross-border commerce at airports and ports led by trade facilitation reforms initiated by the UN and various countries.”

UPLIFT is the flagship product from Kale Logistics and is a community platform for seaports and airports that facilitates cargo digitization and cross-border commerce.

The Co-founder of Kale Logistics, Amar More, said, “Our community platforms for ports and airports have a huge opportunity with demand for digitization accelerating at a fast pace. We are excited about having Inflexor as our investor partner as we move forward towards the next orbit of growth.”

Kale Logistics boasts of industry pioneers like Narendra Kale and Vipul Jain, the ex-cofounders of Accelya Solutions as part of the core team. In any event, Kale Logistics is founded by insightful people like Amar More, Vineet Malhotra, and Rajesh Panicker.

Co-founder and Chairman, Vipul Jain said, “This is our first fundraiser with an external investor and we are happy to partner with Inflexor because of the alignment of vision for the business and their understanding of the SaaS space. We are confident that they will add value to the company as we shift gears to a faster growth trajectory.”

Kale’s vision is to reduce the complexities involved in cargo logistics drastically. Logistics processing at airports, seaports, and customs checkpoints, using its ERP solutions and cloud-native integrated platform for all stakeholders in the logistics industry.

Real-time collaboration is possible through the solutions provided by Kale. They do all this while providing end-to-end visibility of every process and shipment to their end-users.

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