List of top 20 logistics startups in India
According to the Economic Survey 2017-18, Indian logistics sector, which is currently worth $160 billion, is expected to grow at a CAGR of 10.5% to reach $215 billion by 2020,…
Round the clock coverage about the logistics startups in India. The Indian Wire covers latest updates, funding, market study & analysis.
According to the Economic Survey 2017-18, Indian logistics sector, which is currently worth $160 billion, is expected to grow at a CAGR of 10.5% to reach $215 billion by 2020,…
More than 30 employees of the Gurgram-based transport and logistics startup Rivigo have encashed their stock options in the company, reaping in around ₹71 crores ($10 million). According to the…
Logistics-tech startup WheelsEye has raised ₹7 crores ($1 million) in an investment round led Prime Venture Partners, a seed stage venture firm. The funds raised will be used to refine…
Mumbai-based logistics startup LEAP India has raised ₹200 crores in debt from Piramal Capital and House Finance. The funds raised will be used for capital expansion of ₹150 crores, along…
A consortium of investors led by the Mumbai-based investment firm Samara Capital and Xponentia Fund Partners has acquired Bengaluru-based express logistics startup Spoton for ₹550 crores in cash. With the…
Bengaluru-based online-to-offline (O2O) logistics startup Shadowfax has closed ₹150 crores ($22 million) in series C funding led by US-based NGP Capital. The oversubscribed equity round was also joined by Qualcomm…
China-based eCommerce giant Alibaba is likely to invest up to ₹639 crore in XpressBees, a logistics business spun out of FirstCry.
For financial year 2017, Rivigo has reported revenues of ₹402 crore and loss of ₹137 crore.
Flipkart's logistics arm Ekart Logistics has raised a new funding round worth around ₹641 crore from Klick2Shop Logistics Services.
Shriram Transport Finance invested around ₹7 crore to acquire 17 percent stake in logistics solutions startup Freight Tiger.