AI
Pune-based last-mile delivery startup Dispatch Network has raised Rs 5 crore in a pre-seed funding round led by Antler India. Angel investors Krishi Fagwani, founder of Thrive, Yashin Mahadevia and Parth Modwadhia also participated.
The startup will use the fresh capital to expand its artificial intelligence (AI) team and develop its proprietary Large Logistics Spatio-Temporal Model (LLSTM), designed to improve last-mile delivery efficiency.
Founded in 2026 by Rajit Arya and Navneeth Kannan, Dispatch operates an AI-powered delivery network that manages orders across multiple platforms. Its technology helps determine which order a rider should accept next and where they should move for subsequent deliveries, reducing idle time and unproductive kilometres.
Since launching in Pune in June, the company has completed over 1 lakh deliveries and currently handles around 3,500 orders daily. It works with platforms including Zomato, Swiggy, Zepto, Instamart and BigBasket.
Dispatch plans to expand to Mumbai in November 2026 and is targeting 50,000 daily orders across five cities.
