Enmovil Solutions, a logistics technology firm based in Hyderabad, has raised Rs 10 crore in Pre-Series A funding backed by Anicut Angel Fund. In addition to KCT Group, Blackbird Investments, and RB Investments, the company saw participation in this round from KCT Group, Blackbird Investments, and RB Investments.
Enmovil is an OEM-centric multi-modal logistics technology platform that optimises end-to-end operations for field and yard logistics. It was founded in 2015 by Ravi Bulusu, Nanda Kishore, and Venkat Moganty.
Enmovil’s “autometrics” automate material and fleet movement from warehouse to dealer using machine learning-driven algorithms that take advantage of the internet of things and super-integration of data from various unstructured sources.
Speaking about the funding, Ravi Bulusu, MD, Enmovil Solutions, said, “Our AI driven platform empowers our logistics customers all the way from planning their short and long-haul logistics while ensuring vehicle safety and material integrity.”