Manufacturing supply chain visibility software AltiusHub has raised $2.25 million (about Rs 18.8 crore) in a funding round led by early-stage venture capital firm Endiya Partners .
The proceeds will be used to bolster the engineering team and add talent, the company said. Founded in 2023, AltiusHub is a supply chain visibility software designed to help manufacturing companies safeguard their supply chains. Initially focused on the pharmaceutical industry, the platform aims to prevent counterfeit medicines from infiltrating the supply chain.
“Our vision is to create a technology that would not only enhance supply chain visibility but also provide a proactive defence against counterfeit threats. We believe that by empowering businesses with the tools they need to protect their brands and safeguard consumer safety, we can make a significant impact on the global marketplace,” said cofounder Abiram Vijaykumar. AltiusHub currently serves industries such as life sciences, defence, fine chemicals, and luxury goods.
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