ETtech Deals Digest: Logistics startups raise bigger financing rounds
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Last Updated: Jun 04, 2021, 07:03 PM IST
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Logistics and supply chain startups bagged bigger rounds this week. Meanwhile, Mensa Brands the Thrasio-style venture of former Myntra CEO Ananth Narayanan secured $50 million in a mix of equity and debt.
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Logistics and supply chain startups bagged bigger rounds this week. Meanwhile, Mensa Brands, the Thrasio-style venture of Ananth Narayanan, secured $50 million in a mix of equity and debt.
Logistics startup Delhivery has
picked up around $277 million in a new funding round led by US-based Fidelity with Singapore’s sovereign wealth fund GIC also participating, latest regulatory filings accessed by ET showed. Scotland’s Baillie Gifford and Abu-Dhabi-based fund Chimera have come in as new investors in the Gurgaon-based company, which is planning to launch its initial public offering (IPO) next year.
India Business News: Logistics startup Locus has raised $50 million in series C funding led by Singapore’s sovereign wealth fund GIC. Qualcomm Ventures, and existing inves
Read more about Supply chain tech startup Locus raises $50 mn from Qualcomm, Tiger Global on Business Standard. Series C funding led by Singapore s sovereign wealth fund GIC; Falcon Edge and a clutch of angels also participate