| |APRIL 20259Xindus, a full-stack cross-border logistics startup raises $10 million in Series A funding, led by 3one4 Capital and Orios Venture Partners. The round also saw participation from Shastra VC and Caret Capital.The funds will be utilized to expand Xindus' operations. The firm plans to acquire 10,000 clients in the next 18 months, increasing from 1,000 currently, and aspires to raise its gross merchandise value (GMV) to $200 million in that time frame, according to a statement by the company.Xindus aims to bolster its presence in the India-US corridor while broadening its market reach in vital areas such as the UK, Canada, Australia, Europe, and the Middle East, according to the statement."This investment marks a pivotal milestone in our journey to empower Indian SMEs with the tools they need to thrive globally. Navigating across complex trade regulations, infrastructure, and technology gaps often hamper growth for many businesses; Xindus is here to change that narrative," says Saurabh Goyal, Founder and CEO, Xindus."With this funding, we're committed to delivering scalable solutions that allow businesses to focus on selling and expanding across borders without worrying about operational hurdles," Saurabh adds.Founded in 2022 by Goyal (CEO and co-founder), Madan Mohan (CTO and co-founder), Jaikaar Singh (EVP and co-founder), and Saptarshi Datta (EVP and co-founder), Xindus simplifies cross-border trade through XindusOne, an integrated platform for cross-border businesses. The platform empowers Indian SMEs looking to access global markets by streamlining order fulfillment, worldwide shipping, trade compliance, and seamless management of financial flows."Given the recent trends in global markets, India stands at a unique position to scale up its exports. We believe platforms like Xindus can fast-track India's export growth, enabling manufacturers with the tools to streamline exports. We are very excited to support Saurabh as he builds India's largest trade enablement platform," says Anurag Ramdasan, Partner, and 3one4 Capital.Madhav Tandan, Senior Partner, Orios Ventures says, "As India transitions into a trillion-dollar export economy, Xindus is poised to play a transformative role in enabling SMEs to compete on the global stage efficiently by providing a holistic, world-class yet cost-effective experience."The company states that its main product line ­ XindusOne ­ presently connects with more than 200 international marketplaces, assisting businesses in lowering trade complexity and expenses by as much as 20 percent, while allowing sellers to swiftly adjust to changing trade regulations like revised tariff standards in key export markets such as the US. XINDUS RAISES $10 MILLION IN SERIES A FUNDINGXindus is poised to play a transformative role in enabling SMEs to compete on the global stage efficiently by providing a holistic, world-class yet cost-effective experience
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