Gurugram-based SS Supply Chain Solutions, which is better known as 3SC, has lately successfully secured $4 million funding. The fresh investment comes from GEF Capital’s South Asia Growth Fund. It has also supported 3SC in the past.
With the additional capital, 3SC has plans to enhance its artificial intelligence (AI) and technology capabilities. It has aims to expand operations in the overseas markets. Meanwhile, the company is learned to be committed in maintaining strong profitability within its Indian supply chain and logistics business.
GEF Capital managing partner Raj Pai expressed confidence in the startup and its leadership as well as innovative solutions. He said that they are pleased to further support the journey of 3SC.
The investment showcase belief of GEF in the company and the potential it has to make a impact in the industry. It has commitment to help 3SC grow and expand.
3SC was founded in 2012 by Lalit and Sarita Das. It provides supply chain solutions to pharmaceuticals, healthcare, industrials, fast-moving consumer goods (FMCD and FMCG) and more industries.
3SC co-founder Sarita Das highlighted the importance of fresh funding. She said that the additional capital is significant for them and they aim to enhance their operations in global markets. They look ahead to improve their SaaS (Software as a Service) offerings too. The funding will help them in speeding up their growth as well as strengthen their services. They will therefore deliver more value to their clients and stakeholders.
3SC offers a wide range of tech-enabled supply chain solutions. It uses AI, machine learning, analytics and digital technologies to provide advanced-level solutions which cover areas such as supply chain planning, risk mitigation, decarbonization, distribution, control tower services and fourth-party logistics (4PL) services.
