Wagonfly provides an end-to-end contactless shopping and delivery solution that uses radio frequency identification (RFID) tags to enable inventory management, asset tracking and cashier-less smart checkout. The company also operates CafeFLY, an online marketplace for household essentials with fully contact-free delivery within 24 hours. Wagonfly has partnered with men's apparel brand Wrogn and is seeking additional retail partnerships once lockdowns are lifted. The startup raised about $500,000 in early-stage funding led by the Investment Trust of India group’s ITI Growth fund alongside angel investor Manoj Kumar. Founded in 2018 and based in Bengaluru, Wagonfly emphasizes reducing human interaction in stores and enabling retailers to convert brick-and-mortar locations into experience centers. Management highlights that lower RFID tag costs have helped enable its contactless model and provide supply-chain data from factory to consumer.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2020