Pidge has raised $1 million from Indian Angels Network (IAN)
Logistics platform Pidge has raised $1 million from Indian Angels Network (IAN). Before this round, the founders self-funded the organization with $2 million. The Gurugram-based startup will utilize the funds for expanding its essence to Chandigarh where they have as of late dispatched, upgrading it
Logistics platform Pidge has raised $1 million from Indian Angels Network (IAN). Before this round, the founders self-funded the organization with $2 million.
The Gurugram-based startup will utilize the funds for expanding its essence to Chandigarh where they have as of late dispatched, upgrading its present tech stack and item pipeline.
Established in 2018 by Ratnesh Verma and Rushil Mohan, Pidge is an on-demand last mile B2B logistics accomplice which works across 5 urban areas in the Delhi NCR locale including Delhi, Noida, Faridabad, Gurgaon and Ghaziabad.
The companys exclusive calculations continuously request clubbing and dynamic batching guarantees minimized lead times. The firm likewise use its micro-satisfaction centers (Pidge Houses) to oblige the requirements of its business partners for quicker and better controlled conveyances.
The organization is targeting the Indian last mile logistics industry which is right now esteemed at $40 billion and expected to develop $100 by 2025.
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Logistics platform Pidge has raised $1 million from Indian Angels Network (IAN). Before this round, the founders self-funded the organization with $2 million. The Gurugram-based startup will utilize the funds for expanding its essence to Chandigarh where they have as of late dispatched, upgrading it02Who wrote it?
Sheena · Staff. 1 min read · Nov 25, 2021.03Is this sponsored?
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