Oorjaa, a B2B logistics tech platform, announced it has raised nearly Rs 9 crore in a pre-Series A round of funding led by Inflection Point Ventures, according to PTI report.
The round also involved a clutch of high-net-worth individuals who have invested in personal capacity and through Vinners angel investing platform.
The funds raised will be used to sharpen focus on the product and tech development, expanding into new geographies and on working capital needs, a statement said.
“B2B logistics tech platform Oorjaa has raised around Rs 9 crore in a pre-series A round led by Inflection Point Ventures,” the statement said.
Since its launch in November 2019, Oorjaa has expanded to over 15 cities, 30 hub locations, conducting 4,000 plus orders per day with more than 200 vehicles (inclusive of EV cargo vehicles, promoting sustainability), it said.
The business-to-business clientele include large e-commerce, food-tech and e-groceries companies.
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.