Startup Funding Tracker

OxyZEN funding, investors and company details

OxyZEN is an emerging Logistics startup from Chennai, working in the space of Express Logistics & Supply Chain Technology (Tech‑Enabled Logistics Services). Founded by Balasubramanian Aghoramurthy, Raghuraman R, Patram Choudhary, Mandar Dagadu Babre, Peter Harrison Jayakumar.

  • Company: OxyZen Express Private Limited
  • Sector: Logistics
  • Location: Chennai
  • Founders: Balasubramanian Aghoramurthy, Raghuraman R, Patram Choudhary, Mandar Dagadu Babre, Peter Harrison Jayakumar
  • Total funding raised: ₹24.96 Cr

Company overview

OxyZEN Express is an Indian express logistics and supply chain solutions startup that aims to “reimagine logistics” by combining technology and traditional logistics services to deliver fast, reliable express transportation across India. The company built a pan‑India network covering over 10,000 pincodes shortly after starting operations in early 2022 and serves a wide range of corporate clients in sectors such as retail, pharmaceuticals, FMCG, ecommerce, electronics, and automotive, offering optimized freight movement and delivery solutions. Its key differentiator is a proprietary technology stack called OWENS, which features real‑time analytics and a Middle Mile Optimizer to automate and optimize routing and network decisions for better efficiency, lower transit times, and improved customer experience. OxyZEN was founded by a team of seasoned industry veterans including Bala Aghoramurthy, Raghuraman R, and Patram Choudhary and has raised significant seed funding to support its growth in the competitive express logistics sector

Funding rounds

  • Latest round (Seed): $ 3.00 Mn (₹24.96 Cr.), 2023-12-23. Investors: SNAM Group, Lion Hill Capital