About Increff
Increff is a company based in Bengaluru (India) founded in 2016 by Vishal Raj, Rajul Jain, Romil Jain, and Anshuman Agarwal. Increff has raised $17.1 million across 3 funding rounds from investors including GreyOrange, TVS Capital Funds and Premji Invest. The company has 257 employees as of April 10, 2024. Increff offers products and services including Merchandising Software, Warehouse Management System (WMS), Order Management System (OMS), Ship from Store (SFS), and Cloud Warehousing (CWAS). Increff operates in a competitive market with competitors including Shiprocket, Cegid, Shippo, Sorted and ShipBob, among others.
- Headquarter Bengaluru, India
- Employees 257 as on 10 Apr, 2024
- Founders Vishal Raj, Rajul Jain, Romil Jain, Anshuman Agarwal
- Stage Minicorn
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Sectors
TechnologyRetail Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Nextscm Solutions Private Limited
- Date of Incorporation 23 Aug, 2016
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$10.66 M (USD)96.55as on Mar 31, 2023
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Net Profit
-$5.78 M (USD)-1578.1as on Mar 31, 2023
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EBITDA
-$5.86 M (USD)-2461.52as on Mar 31, 2023
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Total Equity Funding
$17.1 M (USD)
in 3 rounds
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Latest Funding Round
$12 M (USD), Series B
Feb 11, 2022
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Investors
GreyOrange
& 19 more
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Employee Count
257
as on Apr 10, 2024
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Products & Services of Increff
Increff offers a comprehensive portfolio of products and services, including Merchandising Software, Warehouse Management System (WMS), Order Management System (OMS), Ship from Store (SFS), and Cloud Warehousing (CWAS).
Tool for accurate merchandising planning and retail optimization.
System for efficient warehouse operations and order fulfillment.
Platform for managing orders across multiple sales channels.
Service for selling store inventory through online channels.
Outsourced warehousing with no upfront costs for e-commerce.
People of Increff
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Funding Insights of Increff
Increff has successfully raised a total of $17.1M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $12 million completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Increff
Increff has secured backing from 20 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include GreyOrange, TVS Capital Funds and Premji Invest.
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Investment in growth equity and insurtech sectors in India.
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Provides venture capital for technology startups and enterprise innovations worldwide.
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Early-stage venture capital investment firm
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Investor details for Increff
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Investments & Acquisitions by Increff
Investment portfolio details for Increff
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Financial Statements - Increff
Detailed financials for Increff
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Increff Comparisons
Peer comparison for Increff
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Competitors of Increff
Increff operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Shiprocket, Cegid, Shippo, Sorted and ShipBob, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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E-commerce tools for shipping, marketing, and financial services are provided.
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Suite solutions for offline retail businesses are provided by Cegid.
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Web-based shipping solutions are provided for e-commerce businesses.
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E-commerce shipping operations are managed via SaaS platform.
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E-commerce fulfillment solutions are provided for direct-to-consumer brands.
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Tech-enabled fulfillment services are provided to e-commerce businesses.
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Detailed competitors of Increff
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Latest news on Increff
Complete news archive for Increff
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Frequently Asked Questions about Increff
Increff was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Increff is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Increff is a funded company, having raised a total of $17.1M across 3 funding rounds to date.
As of Apr 10, 2024, the latest employee count at Increff is 257.
Annual revenue of Increff is $10.66M as on Mar 31, 2023.
Increff was founded in 2016 and is based in Bengaluru, India. A tech platform is operated to support fashion brands with merchandising and omnichannel retailing. Inventory management, order management, returns management, and cloud warehousing services are provided. Operations focus on streamlining retail processes across channels in the fashion sector.
Increff's top competitors include Shiprocket, Shippo and Cegid.
Increff offers Merchandising Software, Warehouse Management System (WMS), Order Management System (OMS), Ship from Store (SFS), and Cloud Warehousing (CWAS).
Increff has 20 investors. Key investors include GreyOrange, TVS Capital Funds, Premji Invest, 021 Capital, and Prem Gupta.
The valuation of Increff is $82.01M as of Feb 2022.