Truck aggregator startup LetsTransport has raised $22 million in a funding round led by Bertelsmann India Investments, according to the ETtech report. The round also saw participation from Rebright Partners, NB Ventures, ALES Global, Stride Ventures, CAC Capital and others. The funds will be used for expanding market presence, scale adjacent business verticals and to…
Stride Ventures, a venture capital firm in India which aims to invest in innovative startups across the country, announced that it has invested Rs 10 crore in LetsTransport, a Bengaluru-based aggregator for fulfilling intra-city last-mile deliveries for enterprise customers. Commenting on the investment, Ishpreet Gandhi, Managing Partner, Stride Ventures, said, “While the sector has been adversely…
LetsTransport, a Bengaluru-based logistics solution provider, announced that it has raised Rs 10 crore funding from Blacksoil Capital. Recently, the company had raised an investment of Rs 13 crore from InnoVen Capital. Founded in 2015 by IIT-Kharagpur alumni Pushkar Singh, Sudarshan Ravi, and Ankit Parasher, LetsTransport offers customized logistics solutions for clients, along with other…
LetsTransport, a Bengaluru-based intra city logistics firm that aggregates light commercial vehicles for urban logistics, announced that it has received an investment of Rs 13 crore from InnoVen Capital, according to YourStory report. Ashish Sharma, CEO of InnoVen Capital India said in a statement: “We continue to be bullish on the logistics space and expect…
Eggoz, a Bihar-based egg producer and agritech startup, announced it has raised Rs 2.5 crore as part of its seed funding to fuel its growth and expansion plans. Earlier, the startup had raised Rs 1.2 crore from a clutch of angel investors. Investors that took part in the seed funding round include Tracxn Labs, Angellist,…