JustDeliveries raises $1 million in a pre-Series A funding round led by Nabventures to expand its logistics network across India.
Mar 26, 2024•over 1 year ago
Amount Raised
$1 Million
Round Type
series a
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers