Rivigo, a technology company that is building the material movement pipeline, seeks to raise $20 million in Series F round of funding from SAIF and Spring Canter Investment. The company was founded by Gazal Kalra & Deepak Garg in 2014.
Earlier, Rivigo had raised $65 million in its Series E round from its existing investors SAIF Partners and Warburg Pincus.
Rivigo will use these funds to further strengthen its technology and network coverage.
In a statement, Gazal Kalra, Co-founder, Rivigo, said, “With RaaS (Relay-as-a-Service), we aim to offer the benefits of relay trucking to millions of fleet owners in India and bring efficiencies in the logistics industry, while directly addressing one of the biggest challenges of the chronic truck driver shortage.”
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