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Posts Tagged ‘ logistics ’

Sands Capital, IFC & others to invest $30 mn in logistics startup BlackBuck

Monday, February 27, 2017 | More »

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Tiger Global-backed logistics startup BlackBuck has received an investment commitment of $30 million (around Rs 200 crore) in its Series C funding round from a group of new and existing investors, including Sands Capital and World Bank’s arm International Finance Corporation (IFC). Citing two unna...

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Exclusive: Truck aggregator Ezytruk secures angel funding from Dubai-based investors

Bangalore-based logistics and truck aggregator Ezytruk Solutions Pvt Ltd has raised $147,000 (Rs 1 crore) in angel investment from Dubai-based investors Ajith Nair and Anish K. The startup will use the fresh capital to establish its commercial operations and invest in marketing and Internet of Thing...

17 January, 2017 | More »

Rooter

Pickrr raises undisclosed amount in pre-Series A funding from Swastika

New Delhi-based Pickrr Technologies Pvt Ltd, which runs on-demand logistics platform Pickrr, has raised an undisclosed amount in pre-Series A funding from Hong Kong-based investment firm Swastika Company Ltd with participation from other HNI investors. The company will use the funding to fine-tune i...

24 October, 2016 | More »

Gopigeon

Exclusive: On-demand logistics service provider GoPigeon gets $1.5 mn from Nexus Venture

Bangalore-based on-demand logistics service provider GoPigeon has raised $1.5 million (around Rs 10 crore) in a pre-Series A funding round from venture capital investor Nexus Venture Partners, two persons privy to the development told Techcircle. “The firm aims to use the funds for strengthening t...

15 September, 2016 | More »

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Exclusive: Parcelled co-founder moves on to Headout

Prateek Bhandari, co-founder of on-demand logistics service Parcelled, has moved on from the company to join US-based Headout as head of marketing for Europe. Bhandari is an alumnus of IIT Bombay, and has previously worked with Housing.com. An email query sent to Bhandari did not elicit a response a...

1 September, 2016 | More »

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Exclusive: Online truck aggregator TruckSumo shifts business model

Hyderabad-based truck aggregator TruckSumo.com has shut down its online operations, a person privy to the development told Techcircle.in. The website is still live but users are not able to place orders and the company’s customer care number is also not operational. That the truck aggregator platf...

29 August, 2016 | More »

Truckmandi

Exclusive: Inter-city Truck aggregator TruckMandi goes off track

Three months after Delhi-based truck aggregator TruckMandi announced that it is going to rejig its business model as it was finding it difficult to operate, it appears that the startup has now shut down its operations. The Truck Mandi app when downloaded was not accepting log-ins and the web site of...

26 August, 2016 | More »

Warehouse

Pigeon Express takes over GoJavas; Anand Rai joins as managing director

Pigeon Express Pvt. Ltd has taken over the operations of GoJavas with the former’s director, Anand Rai, joining the e-commerce logistics company as managing director. Rai assumed charge at Quickdel Logistics Pvt. Ltd, which runs GoJavas, on 12 Aug, according to an internal email sent to the co...

17 August, 2016 | More »

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Is this the end of the road for GoJavas?

Logistics company GoJavas is possibly staring at a shutdown after losing its two biggest clients following fashion e-tailer Myntra’s acquisition of rival Jabong and online marketplace Snapdeal’s focus on its in-house delivery arm even as a shareholding probe made matters worse. GoJavas, operated...

9 August, 2016 | More »

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Snapdeal opens six logistics hubs to ramp up delivery infrastructure

E-commerce marketplace Snapdeal has opened six logistics centres to ramp up its delivery infrastructure and help sellers manage orders and inventory. The new centres will add an additional one million square feet to its warehousing infrastructure, Snapdeal said in a statement. The move comes barely ...

2 August, 2016 | More »

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