Dispatch Network raises Rs 5 crore in pre-seed round led by Antler India to develop AI model for last-mile delivery optimization.
Amount Raised
₹50 Million
Round Type
Pre-Seed
PuneArtificial IntelligenceE CommerceMachine LearningLogisticsInvestors
Description
Dispatch Network, a Pune-based last-mile delivery startup, has raised Rs 5 crore in a pre-seed funding round led by Antler India with participation from angel investors including Krishi Fagwani, Yashin Mahadevia, and Parth Modwadhia. The company plans to use the funds to develop its proprietary AI model LLSTM to improve delivery rider productivity and earnings. Dispatch aims to help delivery riders earn up to 50 percent more through AI-driven fleet management while addressing inefficiencies in last-mile delivery. The company is doubling order volumes monthly with 80 percent higher rider retention than industry average.
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