openPR Logo
Press release

ECommerce Tech Company Saara Inc Raises Seed Funding from 021 Capital

03-22-2022 10:37 AM CET | IT, New Media & Software

Press release from: Saara Inc

Saara logo

Saara logo

Fremont, California - March 21, 2022 - Saara Inc, a California-based eCommerce technology company, has raised seed funding led by 021 Capital and witnessed additional participation from 9Unicorns and Lets Venture.

The funds will be utilized by Saara to expand its geographic footprint globally, provide a one-stop solution to online brands for all their returns and exchange-related requirements, product development, and acquire global talent to add to its leadership roles.

Saara is an AI-powered solution that helps eCommerce businesses become economically and environmentally more sustainable by reducing and automating product returns.

"One of the major challenges that the eCommerce industry faces are high returns. We are taking a unique approach using AI-ML that protects the bottom-line of businesses by reducing returns, helps them meet sustainability goals, and reduces their overhead costs. With this capital from our investors, Saara will continue to assist direct-to-consumer brands to increase their profitability, introduce more market-disrupting products to build a stronger ecosystem," said Sachin Garg, Saara CEO and Founder.

"This is the perfect time to partner with our investors, as we have a proven business model and our clients in the eCommerce sector are using our solution extensively to reduce and automate returns for their brands," he further added.

Headquartered in the US with its technical base in India's IT capital, Bengaluru - Saara is trusted by leading brands such as PVH, Mango, Flipkart, Wanderlooms, etc, and is additionally backed by Techstars, SAP.io, Plug&Play, and more such leaders in the industry.

EcoReturns - one of Saara's star products - is an end-to-end returns management software that not just manages returns, but reduces them too.

While most eCommerce business owners complain of high returns as a major concern, it also has a detrimental impact on the environment. Data shows an item returned triggers emissions similar to burning 250 kgs of coal. Garg built EcoReturns, with a vision to reduce the carbon footprint caused by returns while turning them into a profit center for businesses.

It has prevented returns worth $500,000 in the last 4 months thus strengthening the ecosystem further.

For more information, visit https://saara.io

EcoReturns is free to install by merchants on the Shopify App Store and is soon going to launch on multiple other platforms such as Magento, WooCommerce, and more.

Fremont, California
Email - marketing@saara.io

Saara is an AI-powered returns reduction and automation company that helps eCommerce businesses reduce and automate product returns in an ecofriendly way.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release ECommerce Tech Company Saara Inc Raises Seed Funding from 021 Capital here

News-ID: 2583498 • Views:

More Releases from Saara Inc

Affirm's Returnly Exit Sparks Concerns, EcoReturns Offers Respite for eCommerce Merchants
Affirm's Returnly Exit Sparks Concerns, EcoReturns Offers Respite for eCommerce …
California, USA - July 14, 2023 - BNPL provider Affirm recently announced the discontinuation of Returnly, the eCommerce returns platform it acquired two years ago, and customers are not happy. All the existing customers of Returnly are asked to switch to Loop Returns with which Affirm is entering into another strategic partnership. The partnership shift from one returns platform to another in a span of just two years has raised

More Releases for California

Quantitative & Qualitative Analysis on Finance Cloud Market 2020-2027 | Oracle C …
QYReports has added a new analytical data to its massive repository titled as, Finance Cloud Market. It highlights the leading key players operating in the global regions such as North America, Latin America, Europe, Asia-Pacific, and India. Different graphical presentation techniques such as charts, graphs, table, and pictures have been used while curating the report. Global competitors are highlighted to get a stronger and effective outlook of the competition at domestic
Lightning Protection Technologies Market Next Big Thing | Major Giants- Check Po …
Worldwide Market Reports has announced the addition of the "Lightning Protection Technologies Market Report 2020-2027 Production, Sales And Consumption Status And Prospects Professional Research", The report classifies the global Lightning Protection Technologies Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. The Lightning Protection Technologies Market report is a compilation of first-hand information, qualitative and competitive assessment industry analysts,
Software-Defined Security Market Next Big Thing | Major Giants- Check Point Tech …
Worldwide Market Reports has announced the addition of the "Software-Defined Security Market Report 2020-2027 Production, Sales And Consumption Status And Prospects Professional Research", The report classifies the global Software-Defined Security Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. The Software-Defined Security Market report is a compilation of first-hand information, qualitative and competitive assessment industry analysts, inputs from industry
Global Software-Defined Security Market, Top key players are Check Point Technol …
Global Software-Defined Security Market Size, Status and Forecast 2019-2025 In 2018, the global Software-Defined Security market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2019-2025. This report focuses on the global Software-Defined Security status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Software-Defined Security development in United States, Europe and
GLOBAL SOFTWARE DEFINED SECURITY MARKET TOP KEY PLAYERS ARE CISCO SYSTEMS (CALIF …
The security of virtualized infrastructure has been a major cause of concern for enterprises. Consequently, this concern has been the major driving factor behind the adoption and growth of the global software-defined security market. As more and more companies start relying on cloud based infrastructure, the global software-defined security market will keep on posting high growth figures. The growing awareness among companies about the usage and benefits of the software-defined
Software-Defined Security Market is touching new level – A comprehensive study …
Software-Defined Security Market by Component (Solution and Services), Enforcement Point (Virtual Machines, Network Security Gateway), Deployment Mode (Cloud and On-Premise), End User (Enterprise, Telecom/Cloud Service Provider) - Global Forecast to 2023. The report on the global Software-Defined Security market is a comprehensive overview of the market, covering various aspects such as product definition, segmentation based on various parameters, distribution channel, supply chain analysis, and the prevailing vendor landscape. It compiles exhaustive