Angel Investments

Logistics tech startup Lobb raises $2.9 M

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Bengaluru-based digital freight brokerage platform Lobb has raised USD 2.9 million from several angel investors including Rajesh Voddiraju, Voya India's CEO Sharada Nandakumar, Divyasree Developers' Chairman P Shyama Raju, Ensoftek's President and CEO Ramana Reddy, and Intel Corp's Giri Pasumamula.Founded in 2015 by Venu Kondur, Hemanth G, and Jayaram Raju K, Lobb is a digital freight brokerage platforms, connecting truckers and transporters nationwide. The latest round of funding will enable the startup to expand its reach. Currently, Lobb operates in 22 citiesLobb had previously raised USD 1.1 million led by venture capital firm 3One4 Capital

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