Kale Logistics, a logistics tech platform, has announced that it has raised $5M in Series A investment led by Inflexor Ventures. Other existing investors also participated in the funding round.
“Our investment in Kale Logistics fits our thesis of investing in category-defining, enterprise-grade, vertical SaaS products addressing the global market. The company is led by a stellar team with demonstrated capabilities of executing a global go-to-market strategy,” said Pratip Mazumdar, Partner at Inflexor Ventures.
He added, “We believe Kale Logistics will play a pivotal role in radically transforming global cross-border commerce at airports and ports led by trade facilitation reforms initiated by the UN and various countries.”
Co-founder of Kale Logistics – Amar More stated, “Our community platforms for ports and airports have a huge opportunity with demand for digitisation accelerating at a fast pace. We are excited about having Inflexor as our investor partner as we move forward towards the next orbit of growth.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.