WayFr scoops up 3 Cr in seed round

SaaS platform WayFr has raised 3 cr in a seed round from 2am VC, Relentless Ventures and angels such as Dhruvil Sanghvi, Pravin Gandhi, Ambarish Jaipuria and Kishore Ganji.

The brand had raised Rs 25 lakhs from 100X earlier this year in July. The newly raised funds will be used to expand its salesforce in India to acquire clients in the US.

Launched in March 2021 by Poorna Reddy and Abhiram Deshpande, WayFr provides end-to-end order management and financing for supply chain stakeholders like shippers and truckers.

The company caters a mobile application that instantly enables shippers and freight brokers to create their personalized load-board that they can use to receive price quotes and book trucks within their network of carriers.