VC Fund Investments
Logistics focused Cogos raises $2-M from Worldquant Ventures, Transworld Group
Bengaluru-based enterprise logistics technology company Cogos Technologies (which operates under the brand Cogos Trucks), has raised $2 million (about INR 15 crore) led by Dubai-based global shipping and logistics player Transworld Group and New York-based deeptech focused fund Worldquant Ventures. Ritesh S. Ramakrishnan, chairman of Transworld Group, is expected to join the Cogos board. COGOS Technologies aims to further upgrade its model and expand the business both in India and overseas.
From the Venture Intelligence PE-VC Deal Database: In Apr-19, Cogos had raised INR 6.79 Cr from Emergent Ventures, IAN Fund and angel investors. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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