Tech Company Financing Transactions
BluBirch Funding Round
BluBirch, operating out of Bengaluru, Karnataka, secured $6.4 million from Cornerstone Venture Partners and Capital 2B.
Transaction Overview
Company Name
Announced On
10/26/2023
Transaction Type
Venture Equity
Amount
$6,400,000
Round
Series A
Investors
Cornerstone Venture Partners (Lead Investor)
Proceeds Purpose
The company has expressed its intent to utilize these funds to expedite its growth and expand its presence in diverse retailer marketplaces and original equipment manufacturers' (OEMs) ecosystems.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Banashankari
Bengaluru, Karnataka, 560085
IN
Bengaluru, Karnataka, 560085
IN
Phone
Website
Email Address
Overview
Blubirch is the creator of a reverse supply chain management platform. Blubirch offers an end-to-end reverse logistics solution to maximize recovery from returned, unsold, and unused technology assets for retailers, OEMs, ODMs, and enterprises. For retailers and organizations, the company's platform provides end-to-end services and maximizes recovery from returned, unsold, and underused IT assets, allowingclients to manage unutilized assets and improve the value and performance of IT assets throughout their life cycle.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sapan Jain
Chief Financial Officer
Sudheendra Krishnamurthy
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