Private Equity VC Fund Investments
Freight Tiger raises $6.5 M led by Florintree
Source Mint (opens in a new tab)
Mumbai-based Freight Tiger, a digital freight network, has raised $6.5 million led by Florintree. The round also saw participation from Oyo founder Ritesh Agarwal's family office Aroa Ventures, and existing investors Lightspeed India Partners, Moonstone Investments, and Pawan Munjal Family Trust.
Freight Tiger has over 300 shippers and 4,000 transport companies on its platform. Clients include Saint Gobain, Dalmia Group, JSW Steel, BLR Logistiks, Patanjali, Kohler, and MRF.
Company website ↗ (opens in a new tab)
From the Venture Intelligence PE-VC Deal Database: Between Sep-2017 and Mar-2020, Freight Tiger had raised over USD 11 M from Moonstone Investments, Lightspeed Ventures and others.(Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)