1. Venture Catalysts invests Rs 1.7 crore in logistics reconciliation firm DSYH

Venture Catalysts invests Rs 1.7 crore in logistics reconciliation firm DSYH

Seed investment company Venture Catalysts (VCats) today announced an investment of $ 2,50,000 (nearly Rs 1.68 crore) into SaaS-based logistics reconciliation platform Don't Scratch Your Head (DSYH).

By: | Mumbai | Published: July 6, 2016 3:36 PM
Venture Catalysts, Venture Catalysts news, Venture Catalysts latest, Venture Catalysts surat, Don't Scratch Your Head, Don't Scratch Your Head platform Venture Catalysts facilitated over nine investments worth more than $ 1.5 million in promising start-ups such as vPhrase Analytics, Vahanalytics, Siftr and ConfirmTKT since the launch of operations in 2015. (Source: Website)

Seed investment company Venture Catalysts (VCats) today announced an investment of $ 2,50,000 (nearly Rs 1.68 crore) into SaaS-based logistics reconciliation platform Don’t Scratch Your Head (DSYH).

Led by Gaurav Singhvi, Managing Partner, Venture Catalysts Surat, and Mumbai-based Zaffiro Ventures, the investment into DSYH closely follows Venture Catalysts’ physical expansion into Surat and marks its first Gujarat-centric investment, VCats said in a statement here.

With a focus on the e-commerce industry, Ahmedabad-based DSYH was part of Reliance Industries’ accelerator programme GenNext Hub and is a next-generation data analytics SaaS start-up in the logistics reconciliation space across multiple sectors.

DSYH has been addressing seller reconciliation, traditionally one of the biggest pain points in the e-commerce seller ecosystem, and allows sellers associated with multiple marketplaces to reconcile accounts, payments, returned orders, promotional amounts through a single and consolidated window.

“We, at Venture Catalysts, have always been on the lookout for disruptive start-ups that are solving global problems through localised solutions. DSYH, with its SaaS-based platform, has been developing a first-of-a-kind technology to identify and address the real-time logistics reconciliation challenges of Indian e-commerce sellers,” Apoorv Ranjan Sharma, Co-founder, Venture Catalysts, said.

Venture Catalysts facilitated over nine investments worth more than $ 1.5 million in promising start-ups such as vPhrase Analytics, Vahanalytics, Siftr and ConfirmTKT since the launch of operations in 2015.

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