NextSCM Solutions Private Limited

NextSCM Solutions Private Limited is a retail software analytics company that specializes in optimizing inventory management and enhancing supply chain operations for various retail sectors. Founded in 2016 and headquartered in Bangalore, India, NextSCM Solutions Private Limited focuses on delivering software solutions for inventory management and supply chain optimization. The company was established by Anshuman Agarwal, Rajul Jain, Romil Jain, and Vishal Raj, who have backgrounds in technology and retail. In March 2022, the company secured INR 824.

42 million in Series B funding from PremjiInvest and TVS Capital Funds, with a total amount raised of INR 824. 42 million and a current valuation of INR 6935. 193 million. NextSCM Solutions offers a suite of software products, including Merchandising Software, Warehouse Management Systems (WMS), and Order Management Systems (OMS).

These solutions are tailored to optimize inventory and streamline operations for retail brands across fashion, cosmetics, and e-commerce sectors, providing analytics-driven insights that enhance revenue and reduce unsold stock. In the most recent fiscal year of 2022, NextSCM Solutions reported revenue of INR 5,972,510. 2 with an EBITDA of INR -227,695. 7.

With the capital raised in March 2022, NextSCM Solutions plans to establish offices in the US and Europe, develop additional products and services geared towards the retail sector, and enhance its operational teams in these regions. The company's expansion strategy targets entry into additional markets by the end of 2023, leveraging new funding to support these initiatives.