Kale Logistics raises $5 million in Series A funding led by Inflexor

June 11, 2021: Kale Logistics Solutions has raised $5 million in its Series A funding round led by Inflexor Ventures while other existing investors also participated in the round.

"The startup aims to utilise the funds towards product enhancement and global business growth, by deploying its solutions at additional overseas airports, ports and enterprise cargo handling customers," reports Economic Times.

Kale Logistics aims to reduce complexities involved in the cargo logistics processing at airports, seaports and customs checkpoints, using their cloud-native integrated platform and ERP solutions for all stakeholders in the logistics industry.

Amar More, cofounder, Kale Logistics, said, “Our community platforms for ports and airports have a huge opportunity with demand for digitisation accelerating at a fast pace.”

The company’s flagship product, known as UPLIFT, is a cargo community platform for airports and seaports which facilitates cross border commerce and cargo digitisation.

Pratip Mazumdar, partner at Inflexor Ventures, said, “Our investment in Kale Logistics fits our thesis of investing in category-defining, enterprise-grade, vertical SaaS products addressing the global market.”

“We believe Kale Logistics will play a pivotal role in radically transforming global cross-border commerce at airports and ports led by trade facilitation reforms initiated by the UN and various countries.”