On July 22, VegEase, the country’s only cart-at-home e-grocery company informed that it has begun to employ Electric Vehicles (EV) in its last-mile logistics to decrease its carbon footprint and…
With the increase in Internet penetration and the boom in the usage of online websites in India, logistics startups have grown their business and engage in other areas through technology.…
Pune-based logistics startup XpressBees has raised ₹71.2 crores ($10 million) from Chinese ecommerce giant Alibaba in a fresh funding round, reported ET. The news comes weeks after it was reported…
Softbank backed logistics startup Delhivery has raised $413 million in a funding round led by Softbank Vision Fund, the company stated on Sunday. It also said that its existing investors…
Indian logistic service provider startup Delhivery acquired the Indian business of Dubai based, mail delivery and logistics service provider, Aramex. As per the deal the Delhivery will take over the…
Gurugram-based e-commerce logistics startup Delhivery is expected to raise around ₹3,200 crore ($450 million), in a fresh funding round from Japanese technology investor SoftBank Group Corp, as reported by Economic…
New Delhi-based technology-enabled logistics solutions provider FarEye has acquired freight logistics startup Dipper Technologies, in a cash and stock deal. The details of the deal remain undisclosed. The acquisition will…
EbixCash, the Financial Exchange Division of NASDAQ-listed software company Ebix, has acquired a 67% stake in Delhi-based B2B logistics startup Routier. The quantum of investment remains undisclosed. The latest investment…
Bengaluru-based last mile logistics startup LetsTransport has raised around ₹90 crores ($12 million) in a funding round from Shanghai-based Fosun International. The firm primarily invests in India, through its venture…
Bengaluru-based logistics startup BlackBuck has raised ₹202 crores in a fresh funding round from a new investor Sequoia Capital, according to the regulatory filings. Other existing investors that participated in…
