Dispatch Network Raises ₹5 Cr Pre-Seed Led by Antler India to Build AI-Powered Delivery Network
Dispatch Network announced a ₹5 crore pre-seed round led by Antler India with participation from angel investors. The company uses a Large Logistics Spatio-Temporal Model (LLSTM) to algorithmically assign orders to delivery riders across multiple platforms, aiming to reduce idle time and empty kilometers. Founded by Rajit Arya and Navneeth Kannan, Dispatch claims its approach can cut wasted travel distance and boost rider earnings by sequencing deliveries intelligently rather than letting riders choose orders individually.
Key points
- Dispatch Network secured ₹5 crore pre-seed funding led by Antler India
- Company uses AI model to optimize order assignment and reduce empty delivery kilometers
- Platform assigns orders across multiple delivery platforms to maximize rider earnings
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