Other Private Equity/Strategic Investments
Supply chain mgmt player Roadcast raises $2-M from Jubilant Foodworks
Roadcast, a Delhi-based end-to-end supply chain management solutions provider to logistics companies, has raised USD 2 million from publicly listed Jubilant Foodworks (the Master Franchisee of Dominos pizza in India). Roadcast enables Internet-of-Things (IoT) for vehicle tracking and a connected driver application. The fresh capital will be used to expand globally, for hiring talent and for investment towards AI and analytics development to further the logistics vertical. Roadcast's clients include Udaan, Gro Fleet, Bylane Logistic, Netlink, Hero Lectro, Zyngo, and Foodak.
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