Blowhorn raises undisclosed amount in Series B3 round

blowhorn funding

Symphony International Holdings Limited, Chiratae Ventures, Draper Associates, and Michael and Susan Dell Foundation helped Blowhorn raise an undisclosed amount in its Series B3 funding round. 

Blowhorn, a startup founded in 2014 deals in intracity transportation and also provides fulfillment services. It is already spread across 70 Indian cities and the company in its official statement declared that the amount raised will help widen its reach to other cities. 

“We are not only excited to be partnering with the team behind Symphony International Holdings Limited, who bring their experience of the Asian logistics sector, but we are also pleased to have included a number of our existing investors in this round of funding. Our aim is to disrupt the last-mile logistics sector in India through scaling up our network operations so that we are able to reach every pin-code in the country with the speed that every delivery deserves,” Mithun Srivatsa, CEO of Blowhorn said in a statement. 

It is to be noted that Symphony International Holdings Limited is a new investor for Blowhorn.

Anil Thandani, Chairman of Symphony International Holdings Limited stated, “The breakout nature of innovation within the Indian logistics sector is currently a very exciting space for us to be a part of. We are excited to partner with the Blowhorn team as they continue to leverage their strong technological capabilities to expand and support a wider network of customers.”

It is also worthwhile to mention that in May 2020, Trifecta Capital had helped Blowhorn in raising undisclosed venture debt funding. 

Blowhorn seems to be a strong player in the logistics space with a solid presence across the country. I’m sure the company will grow even more and reach new heights of success in the time to come. My best wishes to the team of Blowhorn.

Shishir Gupta, Founder and CEO, StartupLanes

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