# Blowhorn

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blowhorn

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.blowhorn.com
- Total disclosed funding: $12M
- Latest round: Series B (Aug 5, 2021)
- Investors on record: 11

## About

Blowhorn is an Indian logistics platform specializing in same-day delivery solutions. It enhances supply chain efficiency through a network of micro-warehouses and integrated fulfillment services.Founded in 2014 and headquartered in Bangalore, India, Blowhorn operates as a logistics platform focused on same-day delivery services. The company was co-founded by Mithun Srivatsa and Santosh Desai. Blowhorn has secured a total of INR 247.735 mn in funding, with its latest investment round being a Series B led by multiple investors including Chiratae Ventures and Draper Associates. The total amount raised by the company to date is INR 247.735 mn, with a current valuation of INR 2508.731 mn.Blowhorn operates as a logistics platform specializing in same-day delivery solutions, designed to enhance supply chain efficiency for businesses. The core offerings include an integrated fulfillment service utilizing a network of micro-warehouses to store inventory closer to customers, enabling rapid order fulfillment. The platform connects with various customer channels through developer-friendly APIs and ready-made integrations, allowing seamless inventory management and real-time order tracking. Blowhorn primarily serves urban markets in India, focusing on non-perishable goods and essential items, and caters to both small enterprises and larger corporations seeking reliable last-mile delivery solutions.In the most recent year, 2023, Blowhorn reported a revenue of INR 21,190,703, while its EBITDA stood at -INR 3,954,421. The company's revenue model is structured around B2B and direct-to-consumer transactions, with charges based on delivery volume and inventory management services utilized.Blowhorn plans to expand its logistics services into new geographic regions, targeting additional metro areas across India within the next year. The recent Series B funding round will be utilized to enhance its technology platform and micro-warehouse network, supporting increased operational efficiency and service capacity. The company aims to launch new products designed to further streamline delivery processes, with specific release dates yet to be announced.

## Funding rounds

- Series B, Aug 5, 2021, $3.3M — Chiratae Ventures, Symphony International Holdings, The Michael and Susan Dell Foundation, Draper, Trifecta Capital, Mistry Ventures, Wynton Holdings Pte Ltd
- Series B, Jan 25, 2021, $0.1M — Draper
- Series B, Mar 8, 2019, $4.9M — Chiratae Ventures, The Michael and Susan Dell Foundation, Dream Incubator, Trifecta Capital, Venture Catalysts, Mistry Ventures
- Series A, Feb 16, 2017, $3.7M — Chiratae Ventures, The Michael and Susan Dell Foundation, Draper, Capria Ventures
- Seed, Dec 5, 2014, $0.3M — Unitus Capital, Draper

## Investors

- Unitus Capital (https://capitalatlas.ai/funds/unitus-capital) — Seed
- Draper (https://capitalatlas.ai/funds/draper) — Seed, Series A, Series B
- Chiratae Ventures (https://capitalatlas.ai/funds/chiratae-ventures) — Series A, Series B
- The Michael and Susan Dell Foundation — Series A, Series B
- Capria Ventures (https://capitalatlas.ai/funds/capria-ventures) — Series A
- Dream Incubator (https://capitalatlas.ai/funds/dream-incubator) — Series B
- Trifecta Capital (https://capitalatlas.ai/funds/trifecta-capital) — Series B
- Venture Catalysts (https://capitalatlas.ai/funds/venture-catalysts) — Series B
- Mistry Ventures (https://capitalatlas.ai/funds/mistry-ventures) — Series B
- Symphony International Holdings (https://capitalatlas.ai/funds/symphony-international-holdings) — Series B
- Wynton Holdings Pte Ltd — Series B