PE-VC Fund Investments
Logistics platform Ripplr raises Rs.200-Cr from Sojitz Corporation, others
Bengaluru-based distribution and logistics startup Ripplr has raised INR 200.3 crore (about USD 22.6 million) in its Series C funding round led by Sojitz Corporation. The round also saw participation from its existing investors, 3one4 Capital (INR 8.3 crore) and Trifecta Capital (INR 63.9 lakh).Founded in 2019 by Abhishek Nehru and Santosh Dabke, Ripplr provides a plug-and-play distribution platform for FMCG and e-commerce brands. It helps enterprises in warehouse onboarding, store onboarding, and price management.
Between Jan 2020 and Jul 2024, Ripplr had attracted about USD 61 M from 3one4 Capital, Sprout Venture Partners, Zephyr Peacock, Stride Ventures, Fireside Ventures, Alteria Capital, Northern Arc Capital, Trifecta Capital and others.For FY24, Ripplr had reported about INR 1,028 Cr in Operating Income and about INR 89 Cr in Net Loss.
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