Why We Invested in Omnivio
A SaaS startup solving for bringing a one-stop-shop solution for enterprises to monitor their supply chain centrally
What is Omnivio?
Omnivio is an omnichannel logistics synchronisation SAAS platform. It helps enterprise clients get a consolidated view of their activities across different constituents of their omnichannel supply chain. In industry parlance they have been building a ‘Control Tower’
What does Omnivio do ?
Omnivio provides a full-stack solution for its clients to have a consolidated view of their supply chain. There are multiple SaaS solutions used in Logistics and the whole experience for an enterprise is broken, and tech becomes complex which makes them deploy large manpower to monitor their supply chain. Omnivio is bringing a one-stop-shop solution for enterprises to monitor their supply chain centrally.
The company was started by Sidhartha & Anuj in 2021 with a vision to simplify logistics for enterprises. They have a collective experience of 27+ years across e-commerce companies and logistics companies, including the likes of Swiggy, Snapdeal, and Pickrr among others.
Why now ?
With more and more businesses going online and going an omnichannel, the difficulty in monitoring various endpoints is becoming increasingly difficult. Clients need to collect and collate data at various endpoints/nodes while also wanting to leverage the same to get more visibility. We believe Omnivio has built the perfect stack to collect and leverage data points a client would need. They are emerging as an industry leader in this space
Omnichannel is the future of commerce and having more visibility over the data would be definitely a game changer.
Online retail has been growing fast and is estimated to reach ~$200 Bn by 2025. While the supply chain spends are estimated to be ~$15Bn hence creating a huge market. With more retailers and D2C players tapping in omnichannel commerce, the segment is set to grow at a healthy 18% year-on-year.
Conclusion
Omnivio was able to identify a sweet spot which is a massive value add for anyone selling via an omnichannel setup. Apart from a great product, they were able to bring like-minded people on board to solve a fundamental problem with the objective of improving the visibility of data and operations from one single viewpoint. We see significant potential for growth in this industry, and we are excited to be a part of Omnivio’s journey.