# Blubirch

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

- Industry: Software
- Headquarters: Bengaluru, India
- Website: www.blubirch.com
- Total disclosed funding: $7.5M
- Latest round: Series A (Feb 9, 2023)
- Investors on record: 3

## About

Blubirch, based in Karnataka, India, specializes in reverse supply chain solutions through its innovative RA-PaaS platform, enhancing returns management and warranty lifecycle processes for various industries.Founded in 2013 in Bengaluru, India, Blubirch focuses on providing advanced solutions for returns management and warranty claims. The company has completed a total of 9 deals, with the most recent being a Series A funding round on February 9, 2023, where it raised INR 450.1 million from investors including Capital 2B and Cornerstone Venture Partners. Sapan Jain serves as both the Founder and CEO, guiding the company's growth and strategic initiatives. Blubirch's current valuation stands at INR 9,550.26 million, reflecting its successful positioning in the market.Blubirch specializes in providing a comprehensive reverse supply chain solution through its proprietary RA-PaaS (Returns as a Platform as a Service) offering. The core products include advanced returns management systems, warranty lifecycle management solutions, and asset monetization engines powered by AI and machine learning capabilities. These solutions aim to automate and streamline processes related to returns, warranty claims, and product condition assessments, enhancing operational efficiency for brands, original equipment manufacturers (OEMs), and retailers across sectors like electronics, consumer goods, and retail.In 2023, Blubirch generated revenue of INR 12,214,584.50, although it faced an EBITDA loss of INR 358,969.20. The company primarily utilizes subscription-based models and service fees associated with its RA-PaaS platform, fostering long-term partnerships with clients who pay for access to its suite of solutions and additional premium features.Following the Series A funding round on February 9, 2023, where Blubirch raised INR 450.1 million, the company plans to enhance its product development initiatives, expand its operational capabilities, and penetrate new markets. Specific targets for expansion include India, the MENA (Middle East and North Africa), and Indo-Pacific regions, with a focus on bolstering service delivery and client engagement in these areas.

## Funding rounds

- Series A, Feb 9, 2023, $5.5M — Cornerstone Venture Partners, Capital 2B
- Angel, Dec 16, 2015, $2M — Chicago Ventures

## Investors

- Chicago Ventures (https://capitalatlas.ai/funds/chicago-ventures) — Angel
- Cornerstone Venture Partners — Series A
- Capital 2B (https://capitalatlas.ai/funds/capital-2b) — Series A