MoveinSync seeks $50-60M funding to expand its innovative commute solutions, eyeing growth and investor exits amid India’s challenging investment climate.

India’s top third-party logistics provider, Xpressbees, has secured a $40 million investment from Malaysia’s sovereign wealth fund, Khazanah Nasional Berhad, through a secondary purchase from an early investor. Xpressbees has been gaining significant market share in India’s logistics sector, thanks to its unique and scalable asset-light approach and tech-led precision execution. The company has expanded […]

Turno, an India-based platform for commercial electric vehicle (EV) distribution and financing, has raised $13.8 million in Series A that it could use to build a proprietary battery tech platform that will address issues on end-of-life battery value. It hopes to help address global concerns on electric vehicle (EV) batteries and e-waste. Turno’s recent funding […]

India-based B2B and ecommerce logistics startup ElasticRun operated by Ntex Transportation Services Pvt. Ltd. has secured US$300 million in its Series E funding round led by Japan’s SoftBank Group. The financing round was also joined by Goldman Sachs and existing investor Prosus Ventures. With the latest funding round, ElasticRun has attained a valuation of about […]

India-based B2B logistics firm Loadshare has raised US$40 million in a Series C funding round led by New York-based investment firm Tiger Global. The funding round also saw participation from new investors 57 Stars and Filter Capital and return backers Matrix Partners India and CDC Group, along with a few prominent family offices. The latest […]

Borzo, a global same-day intracity delivery service for enterprises, has acquired NOW, a 90-minute delivery service provider in India. Located in the Netherlands, Borzo plans to expand its footprint in Asia and provide clients with additional customized delivery options as a result of the acquisition. NOW will benefit from Borzo’s knowledge and efforts in 10 […]

India-based mobility startup Chalo has raised $40 million in a Series C funding round led by Filter Capital  and Lightrock India along with participation from its existing investors-Raine Venture Partners, WaterBridge Ventures, Amit Singhal (former SVP, Google), Neeraj Arora (Former Chief Business Officer, WhatsApp). “Public transport is the backbone to build a larger mobility platform […]

Droom, the Gurugram, India based online automobile marketplace startup in India has reached Unicorn status after its latest pre-IPO venture funding rounds. Its current valuation sits at $1.2 billion, making it the 17th Indian startup to become a unicorn this year.  Droom -About The Company Founded by Sandeep Aggarwal in 2014, Droom facilitates end-to-end buyer-seller […]

Indian trucking solutions startup Blackbuck has surpassed a valuation of $1 billion, making it the 16th Indian startup to achieve Unicorn status in 2021. The new valuation comes after its latest Series E rounds of funding. Blackbuck -About The Company Blackbuck was founded in 2015 by entrepreneurs Chanakya Hridaya, Rajesh Yabaji and Ramasubramaniam B. The […]

Rivigo is a supply chain and logistics startup based out of Gurugram, India. They provide logistics services to food, clothing, pharmaceutical and other businesses, and are changing the game for the industry.  Founded by Deepak Garg and Gazal Kalra in 2014, they utilize a relay-based trucking system that employs pit stops between major trips. This […]