PE Fund Investments
Truck aggregator LetsTransport raises $25-M from Bertelsmann, others
Bengaluru-based commercial truck aggregator LetsTransport has secured USD 25 million led by existing investor Bertelsmann India Investments. The proceeds from the fresh round will be utilised to expand the company's market presence and reach profitability.
From the Venture Intelligence PE-VC Deal Database: Between August 2015 and November 2020, LetsTransport had raised over USD 30 M from GMO Venture Partners, NB Ventures, Rebright Partners, KC Investments, Mitsui Sumitomo Insurance Venture Capital , BlackSoil Capital, InnoVen Capital, Stride Ventures, Fosun Group and Bertelsmann India Investments. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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