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Posts Tagged ‘ Truck aggregator ’

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

Tuesday, January 17, 2017 | More »

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...


Truck aggregator FR8 raises venture funding

Early-stage agri-tech focused investment fund Omnivore Partners has invested Rs 6.5 crore in FR8, a Chennai-based truck aggregator, according to the company website. FR8, a technology-driven logistics service provider offering long haul transportation, was founded earlier this year by Vasanth Immanu...

27 October, 2016 | More »


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 »


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 »


Exclusive: Freight logistics marketplace Dipper raises angel funding

Delhi-based freight logistics marketplace Dipper, run by Dipper Technologies Pvt. Ltd, has raised funding from an angel investor. The company will use the funds for marketing initiatives and ramping up operations, besides expanding its teams in Delhi and other regions, Suryansh Jalan, Dipper co-foun...

20 June, 2016 | More »


Exclusive: Logistics tech startup GoBolt raises pre-Series A funding

Logistics tech startup GoBolt has raised pre-Series A funding from startup incubator MCube8, a division of financial advisory firm MCube Capital. The Delhi-based startup, run by Camions Logistics Solutions Pvt. Ltd, will use the capital for business and technology development. “We’ll be using th...

13 June, 2016 | More »


Exclusive: Online truck aggregator TruckSumo suspends operations

Hyderabad-based truck aggregator TruckSumo.com has suspended its services, a person privy to the development told Techcircle, as signs of distress become evident in a segment that lured several startups and investors over the past couple of years. The company had been facing difficulties in continui...

9 June, 2016 | More »


Exclusive: Intra-city truck aggregator GoGo Truck raises seed funding

Chennai-based mini-truck aggregator GoGo Truck, run by Fruges Ventures Pvt. Ltd, has raised seed funding from a Madurai-based angel investor. The online marketplace, which focuses on intra-city transport, has raised Rs 50 lakh (around $74,400), Vasister Arun, co-founder, GoGo Truck, told Techcircle....

3 June, 2016 | More »


Exclusive: TruckMandi co-founder quits; startup to rejig business model

Delhi-based truck aggregator TruckMandi is going through a churn with co-founder Anurag Jain quitting, even as the startup tries to rejig its business model. “The current industry needs an overhaul, where more product and technology is required. From an operations-tech company we are transitioning...

15 April, 2016 | More »