O4S, SaaS company, secured an Undisclosed amount in Pre-Series A Funding Round

O4S, a SaaS-based company, has now secured an undisclosed amount in the Pre-Series A funding round.

The investors include the Amit Singhal, the former head of Google search, Siddharth Bhavani, the founder at Antares Legal, Subhrakant Panda, the CEO  and MD at Indian Metals & Ferro Alloys Ltd and some of the new initiatives at Grofers, notes the Business Wire India announcement.

Founded in 2016, Gurugram, Haryana, India based O4S is a SaaS company helping get control of downstream supply chain operations and brand protection. Previously, the company had secured $2.1 Million in the month of July this year in a Pre-Series A funding round, led by the Venture Highway.

Executive Opinion

Divay Kumar, the Co-founder, and CEO at O4S said, "These are exciting times for O4S. The value we bring to our clients is evident from the increasing demand for our product portfolio from existing clients and interest shown by new clients. Next-gen technologies such as IoT and Machine Learning are going to be key to our growth. We will utilize the new funds to enhance the technological capabilities of our product and expand our global footprint."

More on O4S's Latest Funding

The company plans to use newly raised funds to scale up its product portfolio and expands its business in the Middle East and South-East Asia regions.
O4S brings up with the retailers, warehouses, consumers, and distributors on an easy to interact, the mobile-based platform. The product helps the organizations to optimize production and planning.

The company, as of now, has thirty clients across the industries in India and the Middle East region. The client base includes eight companies from the list of Fortune 500 companies, notes the Business Wire India announcement.

PC: Pablo, Unsplash