WareIQ provides an end-to-end eCommerce fulfillment solution that utilizes a pan-India network of fulfillment centers and an AI-driven inventory placement system to enable same-day and next-day deliveries for modern consumer brands. By optimizing inventory storage and courier allocation, WareIQ reduces logistics costs by 30% while maintaining a 99% on-time shipping rate.
Funding
$1.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
SCFounders
Product
Problem
Many eCommerce brands struggle with high logistics costs and slow delivery times due to inefficient inventory placement and courier allocation. Managing a pan-India fulfillment network and optimizing for speed and cost across multiple sales channels can be complex and resource-intensive.
Solution
WareIQ offers an end-to-end eCommerce fulfillment solution that leverages a network of fulfillment centers and an AI-powered platform to optimize inventory placement and courier selection. The platform integrates with D2C, marketplace, B2B, and quick commerce channels, enabling same-day and next-day deliveries. By strategically positioning inventory closer to customers and intelligently allocating orders to the optimal courier, WareIQ helps brands reduce logistics expenses and improve shipping speeds. The system provides a unified platform experience connected to all sales channels, enabling end-to-end operations management.
Target Audience
WareIQ primarily targets eCommerce D2C and marketplace brands seeking to optimize their fulfillment processes, reduce logistics costs, and improve delivery speeds.
Features
- Pan-India network of 20+ fulfillment centers and dark stores
- AI-driven inventory placement using the Network Planner to optimize stock availability and reduce delivery timelines
- Smart courier allocation engine to minimize cost per shipment
- Integration with 20+ D2C platforms and marketplaces
- InventoryLogIQ for AI-enabled inventory planning, including inventory health reports and stocked-out/overstocked SKU lists
- Amazon FBA preparation services
- B2B fulfillment capabilities
- Customization and kitting services for personalized orders
- Unified platform for managing all logistics operations
- RTO risk prediction to minimize return losses