Crest

Automated Inventory Planning Tool

General Information
Company Name
Crest
Founded Year
2022
Location (Offices)
Bengaluru, India +1
Founders / Decision Makers
Number of Employees
70
Industries
Retail
Funding Stage
Pre Seed
Social Media

Crest - Company Profile

Crest AI, with the slogan "Automated Inventory Planning Tool," is revolutionizing supply chain management for SMBs and D2Cs. The company's automated tool aims to eliminate stock-outs, thereby boosting revenue growth. Crest's impact is evident in its existing customer base, with a 50% reduction in stock out frequency leading to a 15% increase in top-line revenue within three months of implementation (founded in 2022). The company counts prominent names like Samosa Party and Swiss Beauty among its trusted clients. Co-founded by Rahul Vishwakarma, Akhil Kumar, and Yogesh Byahatti, Crest leverages AI to accurately predict demand and automate purchase and replenishment planning, simplifying supply chain operations. The startup recently received a substantial $800.00K Pre Seed Round investment on 22 February 2023 from a consortium of investors, including Indian Angel Network, Inflection Point Ventures, Faad Network, Akshay Ghulati, Gautam Kapoor, Vishesh Khurana, Kapil Bhatia, Sahil Barua, and Saahil Goel. With its innovative approach and strong backing, Crest AI is well-positioned to make a significant impact in the supply chain management space, offering promising investment prospects for venture capitalists eyeing the tech and logistics sectors.

Taxonomy: Inventory Planning, AI Technology, Demand Forecasting, Automated Replenishment, Small and Medium-sized Businesses, Direct-to-Consumer, Stock-Out Reduction, Revenue Growth, SMB Solutions, Startup, Tech Innovation

Funding Rounds & Investors of Crest (2)

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Funding Stage Amount No. Investors Investors Date
Pre Seed Round $800.00K 9 AkshayDelhi, India Ghulati, Gautam Kapoor +4 22 Feb 2023
Pre Seed Round Unknown 1 Deep Bajaj 04 Aug 2022

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