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LOGISTIC PLATFORM LETSTRANSPORT
VC fund Bertelsmann takes majority stake in logistics firm Lets TransportBertelsmann, which owns publisher Penguin Random House and is also active in services and education, has held a stake in Lets Transport sin...- ETtech Deals Digest: Startup funding falls 30% on year to $73 million this weekDeal density in the latest week improved to $5.3 million per deal, as per Tracxn data. From April 6 to April 12, 2023, startups had raised ...
- LetsTransport bags $22 million in funding round led by BertelsmannLetsTransport raised $22 million led by Bertelsmann India Investments, with key participation from various investors. The funds will suppor...
- EV aggregator LetsTransport raises $25 million from Bertelsmann, othersThe aggregator said its plug-and-play platform allows it to offer clients multiple assets across use cases in last-mile, mid-mile, and EV s...
- Tata Motors doubles down on plan to electrify commercial vehicles“We are going to work on and keep identifying sectors more amenable for electrification in the commercial vehicle segment. We will keep tec...
- Tata Motors unveils Ace EV; receives orders for 39,000 unitsThe company has also signed pacts with leading e-commerce players such as Amazon, BigBasket, City Link, DOT, Flipkart, LetsTransport, MoEVi...
- Despite Omicron threat, logistics sector ready to fire, as economy chugs alongAfter two turbulent years, the country’s logistics sector seems to have found its mojo back. Operational efficiency is nearing pre-Covid le...
- LetsTransport to bring 1,000 EVs on its platform by next yearThe company -- which commenced EV-led operations in Delhi-NCR, Hyderabad, Bangalore and Mumbai -- currently has a 100-vehicle strong EV fle...
- LetsTransport appoints Flipkart’s Parijat Rathore as CTOThis appointment will further strengthen the firm’s core engineering and product teams with the aim to offer seamless user experience to it...
- Blacksoil invests over Rs 160 crore across 8 deals in March quarterOver the years, BlackSoil’s focus has been increasingly towards venture debt to VC-backed growth companies & structured debt to growth smal...
- Blacksoil invests Rs 12 crore in Freightwalla, UpMoney, RapidboxBlacksoil has so far concluded over 50 debt transactions to venture capital-backed growth companies and startups by deploying more than Rs ...
- Logistic platform LetsTransport registers 100% revenue growth in FY20: Annual ReportThe company further plan to onboard more truckers in the next few months to reach the fleet size of 1,00,000 by end of FY21. LetsTransport ...
- Logistics solution provider LetsTransport in talks to raise Rs 200 croreLetsTransport provides urban logistics solutions to enterprises by offering tech-enabled intra-regional transportation services.
- The MSME economic package may turn out to be beneficial for some startupsApart from logistics, startups such as TradeIndia had also taken to provide a B2B marketplace for MSMEs, connecting buyers and suppliers an...
- Hit hard by the virus and lack of demand, India's trucking industry now battles shortage of driversWith some relaxation in the lockdown kicking in from April 20, movement of goods is expected to see a reprieve. However, the logistics sect...
- Lending startups now chase logistics firmsThere is a huge demand for loans to buy used vehicles, and that is where Loanzen intends to position itself. Firms are lending to driver-ow...
- LetsTransport drives in Rs 100 crore more in series B roundBertelsmann India Investments and a Japanese-origin investor have added funds to the trucking logistics platform.
- Fosun closes deals across sectors; Leads $12 million round in LetsTransportVC arm invests $5 million in Bengaluru-based firm marking its second bet in logistics sector.
- Last-mile logistics co LetsTransport raises Rs 27 cr from Japan's GMOThe LetsTransport platform provides inter-city aggregation of mini trucks and a few large vehicles across industry sectors like retail, FMC...
- How startups like ThePorter, LetsTransport, Blackbuck are driving unorganized trucking business towards efficiencyA fleet of startups is following an Uber-like model to organize truckers, track consignments and take the unreliability out of the logistic...
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