Seed investment and innovation platform Venture Catalysts (VCats) has invested $250,000 (Rs 1.7 crore) in Don’t Scratch Your Head (DSYH), a SaaS-based logistics reconciliation platform for e-commerce channels.

The seed investment was led by VCats Surat Managing Partner Gaurav Singhvi and Mumbai-based Zaffiro Ventures. This is VCats’ first Gujarat-centric investment, the company said in a statement.

“We, at Venture Catalysts, have always been on the lookout for disruptive start-ups that are solving global problems through localised solutions. DSYH, with its SaaS-based platform, has been developing a technology to identify and address the real-time logistics reconciliation challenges of Indian e-commerce sellers,” said Apoorv Ranjan Sharma, Co-founder at VCats.

Ahmedabad-based DSYH is a next-generation data analytics SaaS start-up disrupting, which allows sellers associated with multiple marketplaces to reconcile accounts, payments, returned orders, promotional amounts through a single window.

Since its launch, DSYH has reconciled more than 500,000 orders with GMV of $7 Million through its platform, identifying between 5-7 per cent of GMV as avoidable reclaimable charges per user. “These funds will allow us to upgrade our technological infrastructure and customer support team to shore up our rapid business growth,” said Suraj Vazirani, CEO of DSYH.

Venture Catalysts invests $100,000–250,000 in early stage start-ups that has potential to create enduring value for over a long period of time.

rajesh.kurup@thehindu.co.in

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