India’s export ambitions go global as Xindus unlocks cross-border commerce for SMEs!
What is the news?
- Gurugram-based Xindus has raised $10 million in Series A funding led by 3one4 Capital and Orios Venture Partners, with participation from Shastra VC and Caret Capital.
- Founded in 2022 by Saurabh Goyal, Madan Mohan, Jaikaar Singh, and Saptarshi Datta, the platform has already helped over 1,000 Indian SMEs go global and completed 500,000+ shipments worldwide.
Why is it interesting?
- Xindus exemplifies the power of Indian entrepreneurs solving real-world barriers to global trade through technology. They’re creating tangible value by integrating with 200+ global marketplaces and reducing trade complexity and costs by up to 20%.
- Their ambitious expansion plans across the India-US corridor and into the UK, Canada, Australia, Europe, and the Middle East markets highlight the global scalability of India-built platforms.
- Startups like Xindus demonstrate how India’s export engine can be supercharged through technology.
Read more: Logistics startup Xindus raises $10 mn for expansion in India-US corridor