Unicommerce, a supply-chain SaaS startup, has recorded a 50% revenue growth in FY23. The company’s international business revenue registered a growth of 200% in the past financial year.
Unicommerce’s international business is now present in six geographies, including the UAE, Saudi Arabia, Singapore, Indonesia, Malaysia, and the Philippines. The company plans to expand its international business to 10 more countries in the next two years.
Unicommerce’s growth is being driven by the rising demand for e-commerce logistics solutions. The company’s SaaS platform helps businesses manage their entire supply chain, from order fulfillment to inventory management.
“We are excited to see the growth of our international business,” said Kapil Makhija, CEO of Unicommerce. “We believe that the global e-commerce market is still in its early stages, and we are well-positioned to capitalize on this growth.”
Unicommerce is backed by SoftBank Vision Fund 2 and other investors. The company has raised over $100 million in funding so far.
The company plans to use the funds raised to expand its international business, develop new products, and hire more employees.
“We are committed to making Unicommerce the leading supply-chain SaaS platform in the world,” said Makhija. “We believe that we have the right team, the right technology, and the right market opportunity to achieve our goals.”