TreZix, a unified B2B (business-to-business) SaaS (software-as-a-service) platform for export and import, has raised $1.2 million in a seed-stage funding round.
The company bagged the funding from the start-up grant from the Government of Gujarat and Soha Ventures. Additionally, multiple angel investors also invested in the company.
With this latest infusion, Soha Ventures made its foray into the innovation space of lab-grown diamonds, gems and jewelry. The company is run by Chirag Limbasiya and Sumeet Prakash.
The company plans to utilise the fund for market expansion. Additionally, it wants to develop its product as well as wants to strengthen its brand activities.
In a statement, the company claims to streamline and digitise the export and import process including logistics, financial management and compliance. It aspires to be the leading platform in this space.
Talking about the latest development, Sunil Kharbanda, co-founder, and chief revenue officer (CRO) at TreZix, said," For the past two decades, my partners Haresh Calcuttawala, Shailesh Sapale and I have been a part of the ERP space. It was in 2020 we formed the framework of TreZix with an aim to offer an end-to-end digital platform for importers and exporters, streamlining document and data structure, controls, visibility, compliance, and predictability to bring ease and rapid growth to their businesses. We have started acquiring initial customers for the product and we are getting great feedback from them. We believe this reduces the cost and time taken to handle the EXIM processes.