Algorhythm Tech
Achieve comprehensive planning and optimization seamlessly with our unified platform, delivered swiftly from start to finish.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | $1.8m Valuation: $1.8m | Acquisition | |
| Total Funding | 000k | ||
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Algorhythm Tech, established in 2003, operates as a specialized provider of intelligent planning and optimization solutions for complex supply chains. The company was founded by Abhaya Borwankar, Ajit Singh, and Sandeep Pendurkar. Based in Pune, India, the firm caters to a diverse client base across sectors such as FMCG, pharmaceuticals, steel, automotive, and telecommunications. The business model is centered on delivering its proprietary, AI-enabled software as a service (SaaS), allowing for modular, scalable, and pay-per-use implementation.
The company's core offering is its proprietary platform, which provides end-to-end supply chain planning and execution products. This platform addresses challenges in manufacturing, supply chain logistics, and sales and distribution. Specific solutions include factory planning and scheduling, manufacturing execution systems, network design, inventory and demand planning, sales and operations planning (S&OP), and logistics and route planning for both primary and last-mile distribution. By leveraging its software, clients can optimize inventory, reduce manufacturing and distribution lead times, and improve overall operational efficiency.
In a significant milestone, logistics service provider Delhivery acquired Algorhythm Tech in a deal completed by January 2023, after which it began operating as a wholly-owned subsidiary. This acquisition was intended to enhance Delhivery's supply chain solutions by integrating Algorhythm's software to add value for customers and optimize service delivery costs. Prior to the acquisition, Algorhythm Tech had raised a total of $1.12 million over three funding rounds, with its first round in 2006 and its latest in 2016. For the fiscal year 2022, the company reported a turnover of ₹3.6 crore.
Keywords: supply chain optimization, logistics planning, manufacturing execution systems, route planning software, demand planning, inventory optimization, S&OP solutions, SaaS, last-mile delivery planning, network design, factory scheduling, intelligent planning, Delhivery, Abhaya Borwankar, Ajit Singh, Sandeep Pendurkar, FMCG logistics, pharma supply chain, automotive logistics, steel industry logistics