Private Equity

VC Fund Investments

Logistics co Blowhorn raises funds from Symphony, Chiratae, Draper, MSDF

Inc42  

Logistics provider Blowhorn has raised funds in a fresh round which includes new investor Symphony International Holdings Ltd. The round also saw participation from existing investors Chiratae Ventures, Draper Associates, and Michael and Susan Dell Foundation. The fresh capital will go towards supporting Blowhorn's network expansion plans, enabling it to extend their geographical reach across India and serve a wider customer base. Earlier, the company had raised funds from Venture Catalysts, James Lee Sorenson and Japanese VC firm Dream Incubator in September, 2017. Founded in 2014, Blowhorn operates in all major metros in India with a broad suite of services from the first mile, middle mile, and last mile logistics while handling goods from 1g to 1T. The company provides a full-stack service offering through an asset-light model via its tech platform that connects logistics service seekers with mini-truck drivers through its website and a mobile app.