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JustDeliveries raises $1 million in a pre-Series A funding round led by Nabventures to expand its logistics network across India.

Mar 26, 2024over 1 year ago

Amount Raised

$1 Million

Round Type

series a

MumbaiSupply Chain ManagementLogisticsTransportation

Investors

Mahansaria Family OfficeCaret CapitalAnay VenturesFaad NetworkNabventures

Description

JustDeliveries, a logistics solutions provider for perishables, has raised $1 million in a pre-Series A funding round led by Nabventures, with participation from other investors including Faad Network, Anay Ventures, Caret Capital, and Mahansaria Family Office. The funding will be used to deepen its logistics network across regions including Bengaluru, Mumbai, Pune, and the national capital region, as well as to launch operations in Hyderabad.

Company Information

Company

JustDeliveries

Location

Mumbai, Maharashtra, India

About

JustDeliveries is a logistics solutions provider for perishables, aiming to deepen its logistics network across regions in India and extending its presence to multiple cities by 2028.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers