Hexalog Secures $4 Million Seed Funding for Global Supply Chain Digitization
Overview
Logistics tech startup Hexalog has raised $4 million in seed funding to enhance its AI-powered platform for cross-border supply chains. The capital infusion will bolster technology, build a data-driven logistics ecosystem, and support international market expansion, aiming to simplify global trade for Indian businesses.
Hexalog Lands $4 Million Seed Round for AI Logistics Platform
Cross-border logistics innovator Hexalog announced on Friday it has secured $4 million in seed funding. The investment, comprising a mix of equity and debt, aims to accelerate the digitization of global supply chains. Enrission India Capital spearheaded the equity round, with participation from Mount Judi Ventures, Action Tesa Family Office, Bajaj Ventures, and a cohort of angel investors. Debt financing was provided by Nandan Growth Fund.
Technology and Expansion Drive Growth
The newly acquired capital will be strategically deployed to fortify Hexalog's technology stack. A primary objective is building a scalable, data-driven logistics platform designed for the complexities of international trade. Significant portions of the funding will also fuel the company's expansion into key overseas markets.
AI-Powered Efficiency for Exporters
Founded in 2023 by Dibyanshu Tripathi, Utkarsh Tripathi, Vineet Malik, and Shobhit Singh, Hexalog utilizes an AI-led platform. It focuses on orchestrating and digitizing supply chains to enhance visibility and coordination. The startup claims its AI-optimized workflows, strategic partner selection, and improved route planning can substantially cut unnecessary costs for businesses by reducing delays across freight, customs, fulfillment, and last-mile delivery.
Targeting Key Trade Corridors
Hexalog intends to concentrate on trade corridors in the Middle East and Southeast Asia. These regions are identified as critical for Indian exporters seeking to compete more effectively on the global stage. CEO Dibyanshu Tripathi stated the company's mission is to simplify cross-border trade for businesses of all sizes.
Sector Tailwinds
This funding arrives as India's cross-border logistics sector experiences robust growth, driven by surging exports and widespread digital adoption. The nation's merchandise exports have consistently exceeded $400 billion annually. The freight-forwarding market, in particular, is expanding as exporters demand greater transparency, faster turnaround times, and reduced logistics expenses. Digital platforms are increasingly bundling freight, customs, warehousing, and finance, empowering MSMEs and mid-market exporters with better shipment management.
