In its ongoing seed funding round, which is co-led by Rukam Sitara and Flipkart Ventures and includes participation from Venture Catalysts and a number of prominent angel investors from the trade-tech and logistics sectors, Xportel, a tech-first platform that helps Indian businesses, including textile and apparel businesses, expand internationally through cross-border logistics and export solutions, has raised an undisclosed amount.
Anshul Mahindru, Darpan Lamba, and Sanchit Narang founded Xportel, a full-stack platform that handles everything from logistics and compliance to export opportunity discovery and documentation, assisting Indian SMEs and up-and-coming digital-first enterprises in their international expansion.
Over the next year, the business plans to integrate a larger network of exporters, invest in marketing and product innovation, and bolster its operations and sales staff in addition to increasing its digital capabilities. In order to further automate compliance workflows, customs paperwork, and post-shipment tracking and make the entire export process smooth and effective for Indian companies, it also intends to expand its software stack.
The goal of Xportel is to make exporting for Indian companies as simple as domestic sales. The ultimate objective is to establish a cross-border ecosystem for everything, from post-order logistics to pre-order procedures. The goal of getting Indian goods on every shelf in the world is greatly aided by this collaboration, according to Sanchit Narang, co-founder of Xportel.
India has a gap in export readiness that is just waiting to be filled, particularly for MSMEs and digitally native firms. India’s goal of being a major exporter in the world is completely in line with Xportel’s aim of streamlining and digitising exports. It is an amazing opportunity to work with them to create an ecosystem for cross-border trade that is intelligent, inclusive, and genuinely scalable, according to Archana Jahagirdar, Founder & Managing Partner of Rukam Sitara.
Even though they account for between 45 and 50 percent of India’s exports, Indian MSMEs frequently encounter significant obstacles, such as disjointed documentation procedures, unclear logistics, and restricted access to foreign clients.
By digitising the complete export workflow—from compliance and paperwork to easy booking and real-time shipment tracking—Xportel claims to be closing this gap. The website wants to serve as a one-stop shop for the upcoming generation of international vendors from India.
