# Prodo Technology Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/prodo-technology-private

- Industry: Internet
- Headquarters: Delhi, India
- Website: www.prodo.in
- Total disclosed funding: $1.1M
- Latest round: Seed (Nov 8, 2022)
- Investors on record: 4

## About

Prodo Technology Private Limited specializes in delivering technology solutions aimed at enhancing operational efficiencies and user engagement across various industries.Founded in 2021 and headquartered in Delhi, India, Prodo Technology Private Limited develops innovative software applications tailored for sectors such as retail, logistics, and customer relationship management. The founders, including Abhiroop Srivastava and Agrima Sarawgi, have a background in technology ventures. The company successfully raised INR 84.28 million in Seed funding on November 8, 2022, led by Inflection Point Ventures and has completed a total of 2 investment deals, achieving a post-money valuation of INR 787.70 million.Prodo offers a diverse range of technology-driven solutions designed to optimize operational efficiency and enhance user engagement. Their core product offerings include proprietary software applications tailored for various industries, including retail and e-commerce, logistics, and customer relationship management. These solutions facilitate streamlined processes and data-driven decision-making, addressing issues such as inventory management, customer interactions, and supply chain logistics. Prodo serves a wide client base that includes small to medium-sized enterprises as well as larger corporations across several geographical markets, including North America, Europe, and Asia-Pacific. The end-users of these services are primarily businesses seeking to leverage technology for enhanced productivity and improved customer experiences.In 2023, Prodo Technology Private Limited reported a revenue of INR 4,020,938.90 with an EBITDA of INR -623,542.20, reflecting the company's current operational metrics in the technology sector.Prodo Technology Private Limited plans to utilize its recent funding of INR 84.28 million to develop new software products aimed at enhancing service delivery and operational efficiency. The company is targeting expansion into North America and Europe by the end of 2024, enabling it to reach a broader client base. The funding raised in November 2022 will support these initiatives, positioning Prodo for sustainable growth in the technology solutions market.

## Funding rounds

- Seed, Nov 8, 2022, $1.1M — Inflection Point Ventures, LVX, Titan Capital, Dholakia Ventures

## Investors

- Inflection Point Ventures (https://capitalatlas.ai/funds/inflection-point-ventures) — Seed
- LVX (https://capitalatlas.ai/funds/lvx) — Seed
- Titan Capital — Seed
- Dholakia Ventures (https://capitalatlas.ai/funds/dholakia-ventures) — Seed