Funding · Enterprise Software & IT
OneARVO raises ₹1.23 crore in pre-seed round
By Startup Enthusiast ·
- Date
- Company
- OneARVO
- What it does
- Deep-tech supply chain integrity solutions
- Kind
- Funding
- Amount
- ₹1.23 crore
- Stage
- pre-seed
- Based in
- New Delhi
- Founded
- 2023
- Sector
- Enterprise Software & IT
What they do
OneARVO provides AI and blockchain-based supply chain integrity solutions
What happened
It raised ₹1.23 crore (~$150,000) in a pre-seed round led by Inflection Point Ventures
Why it matters
The company plans to use the funds to build an AI lab and expand its technology team
The details
- OneARVO has raised ₹1.23 crore (~$150,000) in a pre-seed funding round.
- The round was led by Inflection Point Ventures (IPV), an angel investing platform.
- The company provides deep-tech supply chain integrity solutions using AI and blockchain.
- Its product includes a patented tamper-proof labeling system and copy-proof 2D codes.
- The system creates immutable digital records for audit-ready chain of custody.
- OneARVO targets sectors like pharmaceuticals, automotive aftermarket, and industrial manufacturing.
- The company has two paying enterprise clients and has completed four proof-of-concept projects.
The bigger picture
- Counterfeit goods are a multi-billion dollar problem, with $580 million mentioned in reports.
- OneARVO positions itself as an 'Aadhaar for products' — a universal verification layer.
- The company has won the Supply Chain Innovation Excellence Award by ISCM.
- It was also recognised as an Innovative Technology Solution Provider by LogiMat India.
About the business
- OneARVO is a deep-tech supply chain integrity solutions provider.
- It uses AI and blockchain to create tamper-proof and copy-proof product labels.
- The labels feature AI-based tamper-proof labels and copy-proof 2D codes.
- Blockchain-backed traceability creates immutable digital records for audit-ready chain of custody.
- The company targets pharmaceuticals, automotive aftermarket, and industrial manufacturing sectors.
- It operates in India and export markets, with offices in Delhi and Noida.
- OneARVO has 15 employees and has generated $10,000 in revenue from two paying enterprise clients.
- It has completed four successful proof-of-concept projects.
What happens next
- OneARVO will use the funds to augment its technology team.
- It plans to build an AI lab for proprietary datasets.
- The company will accelerate its go-to-market strategy.
- Over the next 12-18 months, it aims to expand the AI lab and product team.
- It will deepen ERP and printing integrations and accelerate enterprise deployments.
The deal
- Type
- pre-seed
Investors
- Inflection Point Ventures (lead) — An angel investing platform with 24,000+ CXOs, HNIs, and professionals. It launched a $50 million Category II VC fund called Physis Capital for growth-stage startups.
Founders
- Sumit Goswami, CEO, co-founder
- Duke Banerjee, CTO, co-founder
About OneARVO
- Product
- Tamper-proof and copy-proof labelling system with copy-proof codes creating immutable digital supply chain records.
- Customers
- Global consumer brands and manufacturers seeking supply chain integrity and anti-counterfeiting protection.
- How it makes money
- B2B sales of proprietary anti-counterfeit labelling systems and supply chain tracking software.
- What sets it apart
- Patented copy-proof codes combined with AI-based tamper-proof labels and blockchain verification.
- Operations
- Operates offices in Delhi and Noida with a 15-member team.
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