VC Fund Investments

Logistics tech startup Enmovil raises Rs.10-Cr from RB Investments, others

Business Line  

Hyderabad-based Enmovil Solutions, a logistics tech startup, has raised INR 10 crore in pre-Series A funding led by Anicut Angel Fund, with participation from KCT Group, Blackbird Investments and RB Investments. The six-year-old startup, founded by Ravi Bulusu, Nanda Kishore and Venkat Moganty, offers a multi-modal logistics technology platform.

From the Venture Intelligence PE-VC Deal Database: In Oct-18, Enmovil raised $420-K from Emergent Ventures. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)

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