In the intricate world of supply chain and logistics, Nitin Jayakrishnan stands as a visionary, reshaping the landscape through his brainchild, PandoCorp. Recognizing the overlooked nuances in the supply chain and logistics of major global enterprises, Jayakrishnan embarked on a journey to transform businesses, foreseeing a future where outdated supply chain software would no longer suffice.
“We realized early on that the supply chain and logistics of the large enterprises of the world were not getting enough attention,” Jayakrishnan notes, emphasizing the need for a paradigm shift in the next two decades. PandoCorp’s mission is clear: to usher in a new era of supply chain management that aligns seamlessly with the evolving needs of businesses worldwide.
From securing raw materials to orchestrating their journey across hundreds of global factories, PandoCorp’s software navigates the complex web of transportation, warehousing, and inventory management. The company’s clientele boasts industry giants like Nestlé, Johnson & Johnson, Procter & Gamble, Siemens, Danaher, and the Tata group. “They trust us… their supply chain runs on our technology product,” proudly states Jayakrishnan.
The onset of the COVID-19 pandemic and the surge in e-commerce have only intensified the demand for efficient supply chain solutions. PandoCorp, operating on the cloud with a subscription-based model, enables clients to achieve just-in-time inventory management, saving them a substantial 10-15 percent in supply chain costs.
Puneet Kumar, a VP at investment firm Steadview Capital, commends Jayakrishnan’s passion for problem-solving and his remarkable agility in adapting to evolving market needs. “Nitin has such a strong bias towards action that it makes his speed of execution faster than others,” Kumar adds, highlighting the distinctive strengths that drive PandoCorp’s success.
With approximately $13 million in funding, PandoCorp has witnessed staggering revenue growth, consistently tripling to quadrupling every year for the past three years. The company’s gross margins, standing at an impressive 90 percent, are strategically reinvested in expanding its talented team across the US, Europe, India, and Southeast Asia.
Lak Ananth, CEO and managing partner at Next47, a US-based venture capital firm, acknowledges Jayakrishnan’s achievement in not only conquering the Indian market but also positioning PandoCorp as a formidable international player. Nitin Jayakrishnan’s relentless pursuit of excellence continues to reshape the global supply chain landscape, solidifying PandoCorp’s status as an industry trailblazer.
