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Electric mobility startup MoEVing raises an additional $5M as part of its seed round

Gurugram-based full-stack electric mobility platform MoEVing, on Wednesday, announced that it had raised additional funding of $5 million as part of its seed round through a mix of equity and debt capital. The startup had secured $5 million in a seed round in December 2021. Investors in the latest funding round include BeyondTeq, a UAE-based […]

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Delhivery raises $125M from Lee Fixel’s Addition

delhivery funding

Logistics unicorn Delhivery announced that it has received $125 million from Lee Fixel’s venture capital firm, Addition.  The VC firm is the latest global fund to make an investment in the logistics company, succeeding previous rounds from other marquee global investors. Lee continues to be a long-term backer of Delhivery and has been making investments […]

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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 […]

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Smart Express raises Rs 100 Cr

smart express funding

With a seed capital of Rs 100 crore, Mumbai-headquartered logistics startup Smart Express is launching operations with IIFL India Private Equity Fund and Smiti Holding & Trading Company (Jalaj Dani family office) leading the round. Amidst other co-founders, promoter and Founder Yogesh Dhingra have also participated in this round.  Moreover, their investments are likely to […]

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Pickrr raises $12M in Series B round

pickrr funding

In a Series-B round, Gurugram-based Pickrr, a SaaS-based logistics startup, has raised Series B funding of $12 million (Rs 85 Crore), The round was led by IIFL, Amicus Capital, and Ananta Capital along with existing investors Omidyar Network India and Guild Capital. According to Rhitiman Majumder, Co-founder and CEO, Pickrr, they are willing to use […]

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Wiz Freight raises $3.5M in seed round

wiz freight funding

Full-stack digital freight management platform, Wiz Freight, announced that it has raised funds worth $3.5 million in its seed round led by Axilor.  Arali Ventures and Foundamental, along with angel investors Ramakant Sharma, Co-founder of LivSpace, and Daniel Richner, Chairman of M+R Spedag Group, a Swiss-based logistics conglomerate also participated in the round. Established by […]

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Top 10 logistics startup in the NCR region to keep an eye on in 2021

top 10 logistics startups in ncr

It’s no mystery that the National Capital Region (NCR) has exceptional development, suitable infrastructure, and enough skilled workforce to raise a startup if one can capitalize on the needs of the market. These favorable factors along with strong ecosystem and government support, abundant early-stage capital, and digital ‘readiness’ have made this region a paradise to […]

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Top 10 logistics startups in Mumbai

top 10 logistics startups in mumbai

Mumbai, praised as the ‘city of dreams’ in books and popular culture, has traditionally been high on entrepreneurial zeal too. It is, after all, the ‘city of dhandha’ (the colloquial term for ‘businesses) – fast, furious, and financially inclined. Mumbai is the financial hub of India and among the wealthiest city globally. It has also […]

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Top 10 logistics startups in Kolkata

top 10 logistics startups in kolkata

A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. It refers to new businesses that intend to grow large beyond the solo founder. Kolkata, the capital of West Bengal, is much more than its delicacies and vibrant culture—it’s the financial and commercial hub of the eastern and […]

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Locad raises $4.9M led by Sequoia Capital India’s Surge

locad funding

Singapore-based logistics and supply chain management company Locad raised $4.9 million in Seed funding led by Sequoia Capital India’s Surge.  The round also saw participation from Antler, Febe Ventures, Foxmont, Global Founders Capital, Gokongwei Family, Hustle Fund, and angel investors from the technology, e-commerce, and logistics ecosystem. Locad is part of Sequoia Surge’s fifth cohort […]

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