Enmovil Raises $6M to Expand AI Supply Chain Platform

Ravi Bulusu, Enmovil Founder & CEO

Hyderabad-based enterprise supply chain planning platform Enmovil has raised $6 million in a funding round led by Sorin Investments, the early-stage venture capital firm cofounded by former KKR India chief Sanjay Nayar and Caravel Group CEO Angad Banga.

Capria Ventures and Twynam also participated in the funding.

Founded in 2015 by former Nvidia and Oracle executives Ravi Bulusu, Nanda Kishore and Venkat Moganty, Enmovil provides an artificial intelligence-driven supply chain planning and visibility platform for large enterprises. The company’s software integrates with enterprise resource planning (ERP) systems such as SAP and Oracle, and offers demand forecasting, dispatch planning and multimodal visibility tools.

“ERP systems like SAP and Oracle, have long functioned merely as systems of record. They typically store workflows and outcomes after decisions are made manually. The real planning and operational intelligence have always happened outside the ERP,” founder and CEO Ravi Bulusu said. “We bring that decision-making inside the system, including optimising dispatch routes, replenishment, and forecasting and then push the plan back into the ERP for execution.”

The company currently works with around 50 clients, including Maruti Suzuki, Hero MotoCorp, HPCL, Nestlé, TVS Motors, Indus Towers, Vedanta Power and Daimler. According to Bulusu, Enmovil’s platform has helped clients achieve efficiency gains, cost savings and greater supply chain resilience.

Enmovil plans to use the funding to expand its AI capabilities, strengthen its sales team and enter global markets through partnerships with consulting firms and multinational enterprises.

Source: The Economic Times