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§ Private Profile · Bangalore, India
Amazon-prime like logistics for eCommerce companies in India
WareIQ has raised $2.0M across 1 funding round.
Key people at WareIQ.
WareIQ was founded in 2019 by Harsh Vaidya (Founder) and Aayush Mattoo (Founder).
WareIQ has raised $2.0M in total across 1 funding round.
We are building an on-demand Fulfillment network and all software tools in a central platform which is required for an Etailer to manage their eCommerce Fulfillment operations.
Etailers connect all their stores to our platform and send us their inventory. Whenever an order is placed on any of the channels, our Decision Engine allocates order to the nearest Warehouse holding the inventory, and right courier partner to pick & deliver to the end customer.
WareIQ has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in October 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2020 | $2M Seed | — | 8VC, Activant Capital, Alumni Ventures, Cedar Capital Group, Kevin Ding, Founders Fund, Modern Venture Partners, Verified Capital, Alain Hanover, Emles Venture Partners, FundersClub, Pioneer Fund, Soma Capital, Y Combinator | Announced |
Key people at WareIQ.
WareIQ was founded in 2019 by Harsh Vaidya (Founder) and Aayush Mattoo (Founder).
WareIQ has raised $2.0M in total across 1 funding round.
WareIQ's investors include 8VC, Activant Capital, Alumni Ventures, Cedar Capital Group, Kevin Ding, Founders Fund, Modern Venture Partners, Verified Capital, Alain Hanover, Emles Venture Partners, FundersClub, Pioneer Fund.
WareIQ is a Y-Combinator-backed, full-stack eCommerce fulfillment platform in India that offers Amazon Prime–like logistics services to modern brands, enabling same-day and next-day delivery through a pan-India network of fulfillment centers and integrated shipping partners[1][2][3]. For an investment firm, WareIQ represents a mission-driven company focused on building the infrastructure layer for digital commerce in India, leveraging AI and technology to optimize inventory placement and delivery speed. Its investment philosophy aligns with backing scalable, tech-enabled logistics solutions that serve the booming eCommerce sector, particularly direct-to-consumer (D2C) brands, marketplaces, quick commerce, and B2B channels. WareIQ’s impact on the startup ecosystem includes accelerating the growth of Indian eCommerce brands by solving critical last-mile delivery challenges and inventory inefficiencies.
As a portfolio company, WareIQ builds a SaaS-powered fulfillment platform combined with a distributed warehouse network that serves medium to large eCommerce enterprises across apparel, electronics, food & nutrition, and home utility sectors[1]. It solves the problem of slow, unreliable delivery and inventory mismanagement by using AI-led inventory placement and real-time shipping orchestration to enable faster deliveries and reduce return-to-origin (RTO) rates[2][4]. WareIQ has demonstrated strong growth momentum, supporting over 400 brands profitably with pan-India fulfillment across 13+ cities and integrations across all major commerce platforms[2].
Founded in 2019 by Aayush Mattoo and Harsh Vaidya, WareIQ emerged from the founders’ recognition of a structural shift in global eCommerce logistics toward distributed warehouse networks tuned to demand clusters and technology-driven inventory orchestration[2][4]. The idea was inspired by observing similar transformations in mature markets and realizing India was poised for the same decade-long opportunity. Starting with two fulfillment centers in Delhi and Bangalore, WareIQ built a lightweight tech platform to serve D2C brands and gained early traction by joining Y Combinator’s Summer 2020 batch during the COVID-19 pandemic[2]. Early investor backing from FundersClub and Flexport helped the company scale despite challenging macroeconomic conditions[2]. This origin story highlights a vision-driven approach to solving India’s fragmented logistics landscape with technology and network scale.
WareIQ rides the global and Indian trend of digitizing and decentralizing eCommerce logistics to meet rising consumer expectations for fast, reliable delivery. The timing is critical as India’s eCommerce market expands rapidly, with increasing demand for same-day and next-day deliveries driven by D2C brands and quick commerce players[2][3]. Market forces such as rising internet penetration, smartphone adoption, and consumer preference for convenience favor WareIQ’s model. By building a technology-first fulfillment infrastructure, WareIQ influences the broader ecosystem by enabling smaller brands to compete with giants like Amazon on delivery speed and service quality, thus democratizing access to premium logistics capabilities[2].
Looking ahead, WareIQ is positioned to deepen its technology stack and expand its fulfillment network further to capture more of India’s growing eCommerce logistics market. Trends such as AI-driven supply chain optimization, hyperlocal quick commerce, and omnichannel retailing will shape its journey. WareIQ’s influence may evolve from a fulfillment provider to a critical infrastructure partner powering the next generation of Indian digital commerce, helping brands scale with speed and precision. Its profitable, cash-flow positive status as of 2025 provides a strong foundation for sustainable growth and innovation[2]. WareIQ’s vision to be the engine behind modern commerce in India ties back to its founding mission of transforming fragmented logistics into a seamless, Amazon Prime–like experience for all eCommerce brands.
