NewsLogistics startup Waresix bags USD 11 million in Series A extension roundThe investment comes only six months after the startup raised USD 14.5 million. 1 min read
Rivigo looks to raise USD 20 million in Series F round. NewsTrifecta Capital fuels Indian logistics unicorn Rivigo with USD 3.46 million in debt funding2 mins read
The Chinese internet giant had picked up a stake in Xpressbees with USD 35 million Series D investment in December 2017. NewsAlibaba infuses USD 10 million in portfolio company Xpressbees3 mins read
The boom in China’s food and parcel delivery sector has triggered a surge in road accidents. NewsShenzhen to tighten regulation of parcel and food delivery couriers to reduce traffic2 mins read
Season Two Ventures is in the market to raise USD 50 million B2B-only fund. Q&ASajan Pillai-led Season Two Ventures promises to encourage India’s B2B companies6 mins read
Over 3 million employees work for 20,000 express delivery companies in China. Visual StoriesInfographic | China delivered half of the world’s parcels in 20191 min read
Shadowfax works with a network of mom-and-pop stores to reduce its delivery cost by 20%. InsightsFlipkart is banking on Indian B2B logistics startup Shadowfax to deliver grocery4 mins read
Investments in logistics startups this year have more than doubled to USD 1.04 billion across 29 deals. NewsIndian logistics startups rev up funding in 2019 to tap growing demand3 mins read
Flipkart will have an edge over Amazon, Bigbasket, and Grofers with additional access to Shadowfax’s technology and delivery fleet. NewsFlipkart beefs up its grocery delivery with USD 60 million investment in Shadowfax3 mins read
NewsDeals in brief: Salmon raises USD 88 million, InstaPay closes Series A2 round, ten China deals, and more