LetsTransport raises $1.3 million from Rebright Partners

BENGALURU: Bengaluru-based logistics startup LetsTransport has raised $ 1.3 million in funding from a round led by Singaporebased Japanese venture capital firm Rebright Partners along with participation from angel investors Ankush Nijhawan, Gaurav Bhatnagar and Manish Dhingra.

“We plan to use the newly raised funds to build our team, improve our technological infrastructure and expand into other cities,” says Pushkar Singh, CEO and Cofounder of LetsTransport.

This investment also marks the largest seed investment that Rebright Partners have led in India. Founded by IIT-Kharagpur alumni Pushkar Singh, Sudarshan Ravi and Ankit Parasher, the company offers customised logistics solutions for customers. The service comes with prescreened drivers, GPS-enabled vehicles, point-to-point billing and 24X7 service.