WareIQ
Bangalore, India
Overview
About WareIQ
http://wareiq.comWe are making India's e-commerce businesses successful by giving them the power of Amazon-prime-like logistics. Modern e-commerce consumers want the same & next-day delivery. But the infrastructure in India can't keep up. 80% of e-commerce parcels outside Amazon reach customers in 5-10 days. India e-commerce demand is highly fragmented, yet 90% of brands ship from a central warehouse. If platforms & brands don't offer prime-like shipping timelines, customers don't buy. High fixed investments, rigid contracts & tech complexity makes prime-like fulfillment infrastructure inaccessible to online brands. Enter WareIQ. WareIQ allows eCommerce companies to compete with Amazon service levels by bringing their average timelines from 5-10 days to the next day. WareIQ is backed by leading global investors including Y Combinator, Funders Club, Flexport, Pioneer Fund, Soma Capital, and Emles Venture Partner.