Wednesday, March 8, 2017

Logistics startup Blowhorn raised Rs 25 crore funding from IDG Ventures India and Michael & Susan Dell Foundation



Logistics startup Blowhorn raised Rs 25 crore funding from IDG Ventures India, Michael & Susan Dell Foundation and from others. The company said it will use the funds to expand operations to eight cities over the next two years. It will aslo use the funds to ramp up its tech and operations teams.

Also read: Data Resolve raises $1 million funding

Blowhorn's tech-enabled platform connects customers with mini truck owners for intra-city, sub 2-tonne deliveries.

Blowhorn's has over 20,000 mini trucks on its platform. And it has 50 full time employees and is now operating in Mumbai, Bangalore, Chennai and Hyderabad. And is planning to expand in Delhi-NCR, Kolkata, Kanpur and Indore.



SHARE THIS

Author:

I am Supriya, a professional blogger. Follow me in Twitter, Facebook and Google plus for more discussion.

0 comments: