Angel Investments
B2B logistics platform Oorjaa raises Rs.9-Cr led by IP Ventures
Bangalore-based B2B logistics tech platform, Oorjaa has raised INR 9 crore in a pre-series A funding round, led by angel investing firm, Inflection Point Ventures (IPV). A clutch of high-net-worth individuals also invested in their personal capacity and through Vinners' angel investing platform. Oorjaa plans to use the funds for product and tech development, expansion of new geographies and for working capital requirements. Oorjaa claims to have expanded its footprint to 15 cities, 30 hub locations, conducting 4,000 plus orders per day with over 200 vehicles (including EV cargo vehicles). The firm provides technology-driven logistics solutions supported with transformative tools on auto-routing, network optimisation, data analytics, trip management and operating processes.
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