Iron Pillar and Uncorrelated Ventures led a $30m Series B in Pando.

Iron Pillar and Uncorrelated Ventures, two investors, led a $30m Series B in Pando, a supply chain software company, with participation from Nexus Venture Partners, Chiratae Ventures, Next47, David Dorman, Tom Noonan, Scott Kirk, Paul Brown, Nick Mehta of Gainsight, and Amar Goel. “The Logistics Tech market is ripe for disruption – there is high demand caused by volatility, legacy competition that is trying to catch up and a trend towards bundling point solutions. Pando addresses the problem holistically and, with its world-class talent in India and the US, takes a global view to IP-led product development. Their growth with multiple Fortune 500 companies is testimony to the quality of the product and management team, but their focus on building a large long-term business is what got us excited to partner with Abhijeet and Nitin. Iron Pillar is eager to leverage its global network of customers, partners, strategic capital and more to help accelerate Pando’s journey," Mohanjit Jolly, Iron Pillar Partner.