PE Fund Investments
Logistics SaaS startup Shipsy to raise $24-M from A91, Z3Partners, others
Gurugram-based SaaS logistics startup Shipsy is raising around USD 23.89 million in a fresh round of funding led by A91 Partners. Z3Partners, Sequoia Capital India's Surge, and Info Edge - via its Startup Investments Holdings - will also be participating in this round. The startup, has on February 15, 2022, allotted 4,793 Series B CCPS among these investors. The fresh round of investment which seems to be the startup's Series B round comes almost 15 months after it had raised USD 6 million in Series A. Shipsy allows businesses to optimise, automate, track, and simplify their ‘end-to-end' logistics and supply chain operations.
From the Venture Intelligence PE-VC Deal Database: Between Nov-19 and Nov-20, Shipsy raised $6-M from Info Edge and Sequoia Capital India. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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