Emiza Secures ₹100 Crore Series C Funding, Valuation Hits ₹400 Crore

Emiza, a third-party logistics provider based in Mumbai, has successfully raised ₹100 crore in its Series C funding round, increasing its valuation to ₹400 crore. The funding, led by Evolvence India and Mirabilis Investment Trust, will be used to enhance technological capabilities, boost automation, and expand its warehousing facilities across 11 cities. Emiza aims to refine its logistics services, tailoring its offerings for consumer and retail brands to ensure efficient operations both online and offline. The company has reported a year-on-year growth of 40% but faces challenges as profits have declined compared to previous years. Founder Ajay Rao emphasized the importance of agile, tech-driven solutions in meeting the evolving demands of the logistics sector, particularly in India's rapidly transforming e-commerce landscape. This funding round marks a pivotal moment for Emiza as it seeks to strengthen its position in the competitive logistics market.