The $1.5 million pre-series A fundraising round for Match Log Solutions, a leader in supply chain efficiency and sustainable container logistics, was closed today. Motion Ventures and July Ventures led the investment, with participation from Capital A, Blue Ashva Capital, and Venture Catalysts.

With the help of this finance, the business will be able to transition to a full platform model and highlight carbon reduction as a key component of its service. Along with increasing MatchLog's market footprint, the investment will strengthen strategic alliances and foster deeper cooperation within the international port and shipping communities.

By matching import containers with export requirements, MatchLog's triangulation solution effectively decreases the number of trips empty containers take back to their depots and eliminates needless dry runs. By reducing unnecessary transport, this strategy not only reduces operating expenses but also dramatically reduces carbon emissions. By growing, MatchLog intends to enhance its presence and magnitude in India, optimizing container use and transportation logistics efficiency. An estimated 4-5 million containers will be handled yearly as a result of this strategic expansion, which will significantly lower annual carbon emissions by 200,000 metric tonnes.

"Our transition from a marketplace to a platform model is aimed at scaling our operations and increasing our sustainability efforts," stated Dhruv Taneja, Founder and CEO of MatchLog, in reference to this. We have overseen 200,000 containers since we began operations, increasing their effectiveness by about 50%. As a result, we have lowered our carbon emissions by 40,000 metric tonnes, which has a substantial positive impact on lowering India's carbon footprint associated with container logistics. In the future, we want to manage 2 million trips a year with the goal of reducing emissions by an extra 800,000 metric tons and freight costs by more than $100 million. We are appreciative of our investors' faith in us and their dedication to our goals of industry innovation.

"Our investment reflects our strong belief in MatchLog's platform-first approach, which enhances logistical efficiency and significantly reduces the environmental impact of global trade," stated Cliff Tan, Investment Principal at Motion Ventures. We have no doubt that this calculated partnership will increase MatchLog's market share and set new standards for environmentally friendly logistics procedures.

General Partner of July Ventures Ravindra Krishnappa commented, saying, "We are delighted to welcome MatchLog into our portfolio." We are excited to help the close-knit team in their next phase of expansion as the lead investor in this round. When it comes to Container (EXIM) matchback optimization, MatchLog has shown its strength. At July Ventures, we are optimistic about the supply chain and logistics sectors, particularly when it comes to making investments in a single, multi-modal digital platform. Together with our other investments in the industry, we are certain that MatchLog will complete a crucial gap.

“MatchLog’s transformation and expansion exemplify our belief in their capability to redefine global logistics,” stated Vansh Oberoi, Chief Investment Officer, Venture Catalysts. They are leading the industry in new standards with their dedication to efficiency and sustainability.

In addition, MatchLog's platformized strategy for lowering empty haulage "resonates deeply with our vision, merging efficiency and sustainability," stated Satya Bansal, Founder of Blue Ashva Capital. MatchLog has greatly improved its business strategy since our first investment, doubling the visibility of container movement and establishing strong alliances with international shipping lines.

Ankit Kedia, Founder of Capital A, commented on the investment, saying, "MatchLog's platform is helping lower the carbon footprint of a very intensive business vertical." We at Capital A have always supported businesses that have an environmental mission. Encouraging MatchLog in their endeavor to revolutionize logistics signifies our dedication to achieving this goal.

The management group, which includes recently hired Co-founder and Chief Strategy Officer Abhishek Baheti, CPTO Manish Singh, who was promoted to Co-founder, and Co-founder and Chief Business Officer Harsh Vardhan Gupta, continues to steer MatchLog in the direction of accomplishing its objectives of efficient logistics and environmental preservation. MatchLog raised $3 million in 2022 from Rainmatter Climate Technologies, Blue Ashva Capital, and Capital-A, bolstering its platform even further for future expansion.