Synup, a provider of SaaS-based marketing solutions startup that enables local businesses to manage their online presence, has raised $6 Mn Series A funding. The round led by Vertex Ventures also saw participation from existing investor Prime Venture Partners. The startup will use the newly raise…
Tag: XpressBees
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…
Angels rush in as logistics sector is set to touch $10 bn
Venture capital firms scanning Indian markets for the next big investment opportunity after consumer internet would do well to have their eyes trained on technology-driven logistics startups. The market for logistics-technology businesses, which include delivery startups, truck aggregators and wa…