Tag: Ecom Express

VentureCapitalPic

Venture capital funding of logistics start-ups dips 68%

Hyperlocal logistics start-ups, the backbone for any e-commerce company, had a bumpy ride in 2016 in terms of fund raising and it does not seem to be getting any better. Venture capital funding into logistics start-ups has drastically declined by 68% to $124.61 million in 2016 compared to the pre…

PepperTap-app2

PepperTap to focus on Logistics business

Hyperlocal delivery startup PepperTap is closing grocery delivery operations in the next one month. The startup will instead pivot and focus on building a logistics company to compete with startups including Delhivery, Flipkart’s ekart division and go Javas head on, multiple sources told ET…