Fundz

Dispatch Network raises Rs 5 crore in pre-seed round led by Antler India to develop AI model for last-mile delivery optimization.

PRIVATENov 02, 2026

Amount Raised

₹50 Million

Round Type

Pre-Seed

PuneArtificial IntelligenceE CommerceMachine LearningLogistics

Investors

Parth ModwadhiaKrishi FagwaniYashin MahadeviaAntler India

Description

Dispatch Network, a Pune-based last-mile delivery startup, has raised Rs 5 crore in a pre-seed funding round led by Antler India with participation from angel investors including Krishi Fagwani, Yashin Mahadevia, and Parth Modwadhia. The company plans to use the funds to develop its proprietary AI model LLSTM to improve delivery rider productivity and earnings. Dispatch aims to help delivery riders earn up to 50 percent more through AI-driven fleet management while addressing inefficiencies in last-mile delivery. The company is doubling order volumes monthly with 80 percent higher rider retention than industry average.

Quick answer

Dispatch Network raised ₹50 Million in a Pre-Seed round, dated November 2, 2026. Investors: Parth Modwadhia, Krishi Fagwani, Yashin Mahadevia and Antler India. Dispatch Network is based in Pune, Maharashtra, India.

How much did Dispatch Network raise?
Dispatch Network raised ₹50 Million in a Pre-Seed round on November 2, 2026.
Who invested in Dispatch Network?
Parth Modwadhia, Krishi Fagwani, Yashin Mahadevia and Antler India are named as investors in this round.
What does Dispatch Network do?
Dispatch Network is a Pune-based last-mile delivery startup that uses artificial intelligence to optimize delivery operations.
Where is Dispatch Network based and how big is it?
Dispatch Network is based in Pune, Maharashtra, India. Fundz records about 51 employees.
Who are the decision-makers at Dispatch Network?
Fundz holds 1 contact at Dispatch Network, including the CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce and Logistics around the same time

Companies in the same sectors as Dispatch Network that raised within 45 days of this round, from Fundz verified event records.

  • firmly raised $15M (Series A) on November 5, 2026.
  • Thermit raised an undisclosed amount (Seed) on November 4, 2026.
  • Wegofair raised $744K (Pre-Series A) on November 3, 2026.
  • Artiso raised $3.3M (Pre-Seed) on October 28, 2026.
  • Dalet Labs raised $7M (Pre-Seed) on October 28, 2026.
  • Live2.ai raised $14M on October 27, 2026.

Who to call at Dispatch Network, and when

A new round usually means Dispatch Network is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Dispatch Network raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Dispatch Network, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Dispatch Network. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Dispatch Network

Location

Pune, Maharashtra, India

About

Dispatch Network is a Pune-based last-mile delivery startup that uses artificial intelligence to optimize delivery operations. The company develops LLSTM, a foundation AI model for intracity logistics that sequences orders and maximizes rider productivity and earnings. It serves major food delivery and quick-commerce platforms including Zomato, Swiggy, Zepto, Instamart and BigBasket. The company has completed over 1 lakh deliveries with monthly volumes growing from 3,014 in June to 55,000 in October.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Dispatch Network raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsRajit, CEO hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Dispatch Network's next move

See what Strategic adds

Dispatch Network raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.