ClickPost, a logistics intelligence platform for online retailers, raised $6 million in Series A funding led by Inflexor Ventures partners and Athera Venture Partners, the company announced today, April 16. In the fresh round, other investors like Riverwalk Holdings and an existing investor, Rebright Partners also participated.

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"ClickPost's depth, agility, flexibility, and data advantage place them well to deliver this, in India as well as in global markets. Naman, Prashant, and their talented team have made remarkable strides in efficiently scaling a top-notch product," said Rajiv Mehta, general partner at Athera Venture Partners.

The funding will be used for launching new AI-driven modules, global growth, and hiring, the company said.

"E-commerce is a space where vertical AI products will see a lot of adoption as brands look to grow more efficiently and compete with the likes of Amazon who have vast resources to provide a more data-driven experience to shoppers," said Naman Vijay, the Co-Founder and CEO of ClickPost.

"This puts the onus on SaaS companies like us to provide solutions that keep brands at the forefront of innovation," Vijay added.

ClickPost was founded in 2017 by Vijay and Prashant Gupta as a developer tool for courier API integration. The platform later evolved into a comprehensive logistics management solution. Its suite of services spans from pre-purchase delivery estimations to post-purchase exchange management. The startup claims that more than 300 enterprises across India, North America, APAC, and the Middle East use ClickPost.

The logistics intelligence platform currently tracks over one million shipments daily and is aiming to grow five times in the next two years.

In the startup space, other startups like VitusCare, a kidney care startup raised $2.7 million; Upstage, an AI startup received over $71 million while emergency healthcare services provider Medulance has raised $3 million.