Chennai, Tamil Nadu - Pando, a global leader in supply chain technology, has announced that it has raised $30,000,000 in a Series B funding round. The round was led by Chiratae Ventures and Nexus Venture Partners, with participation from Next47 and Iron Pillar.

Co-founded by Nitin Jayakrishnan, Pando is a software development company that provides manufacturers, retailers, and 3PLs with a single pane of glass to streamline the logistics of the purchase order and customer order fulfillment to improve service levels, and carbon footprint, and reduce costs. Pando’s AI-powered, no-code Fulfillment Cloud platform has made it a partner of choice for Fortune 500 enterprises globally, with a presence across APAC, the Middle East, and the US.

The new funding will be used to accelerate Pando's product development roadmap and support the company’s continued growth, as it expands its platform capabilities to meet the needs of its global customer base. Pando's Fulfillment Cloud provides end-to-end supply chain visibility, network-intelligent delivery planning and optimization, freight audit and payment, predictive analytics, and a central control tower for logistics.

"We are thrilled to have the backing of Chiratae Ventures, Nexus Venture Partners, Next47, and Iron Pillar as we continue to innovate and revolutionize the supply chain industry," said Nitin Jayakrishnan, Co-founder of Pando. "This funding will enable us to accelerate our product development roadmap and bring more value to our customers while strengthening our position as a global leader in supply chain technology."