After Silicon Valley Based 500 Startups, Fulfil.IO Raises Seed Funding from Rajan Anandan
Fulfil.IO is a set of cloud based tools that retailers can use to gain visibility into their backend operations and manage it efficiently.
Fulfil.IO, a Mountain View and Bangalore based tech startup that helps retailers to fulfil orders across online and offline channels efficiently, announced today that it has raised capital from Rajan Anandan (MD Google India and Southeast Asia). The funds will be used for ramping up sales operations in the US and scaling the product.
“We are very excited to get Rajan's support in our journey. He is one of the most respected names in the tech industry, understands internet retail and the need for better tools for growing e-commerce businesses. In our process of scaling up, we are sure we will gain a lot from his experience of building and scaling world class products in the internet retail space.” said Sharoon Thomas, CEO of Fulfil.IO.
Fulfil.IO is a set of cloud based tools that retailers can use to gain visibility into their backend operations and manage it efficiently. “This increased visibility is crucial for retailers to improve customer experience and bottom line”, said Sharoon Thomas. “Our customers have seen 20%+ growth, up to 11% in reduction of back orders and more shipments per employee after using Fulfil.IO”.
Fulfil.IO is a set of cloud based tools for internet retailers to gain visibility into their backend operations and manage everything from procurement to fulfillment in a single tool. Founded in 2015, the company is headquartered in Mountain View, California, it also has a centre in Bengaluru where it houses a team that works on design, engineering and data analytics.
Fulfil.IO was among the 15 startups chosen in investment firm 500 Startups’ accelerator programme, where it received $125,000 as initial investment.
Rajan has made a total of 90 investments in a span of 10 years. Apart from Fulfil.IO, his latest investments include Surfboats Solutions Pvt. Ltd, which operates an online discovery platform for premium lifestyle products and services called Smytten, and Unacademy, a start-up that offers free video courses. is also the co-founder of Blue Ocean Ventures, the first seed fund in Sri Lanka. Blue Ocean started investing in 2012 and has many investments in the island nation.
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