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TechEagle completes funding round with participation from Paytm founder Vijay Shekhar Sharma, Navam Capital and Inflection Point Ventures

PRIVATEMay 30, 2024

Round Type

Funding Round

GurugramTransportationLogistics

Investors

Ajoy KhanderiaTushar JaniVenture CatalystsInflection Point VenturesNavam CapitalVijay Shekhar Sharma

Description

TechEagle announced the completion of a funding round with participation from Paytm founder Vijay Shekhar Sharma, Navam Capital, and Inflection Point Ventures. The bridge round ahead of Series A also saw participation from Venture Catalysts and high-net-worth individuals. The fresh capital infusion will fuel the company's efforts to launch higher payload drones for mid-mile and inter-city deliveries.

Quick answer

TechEagle raised an undisclosed amount in a Funding Round round, dated May 30, 2024. Investors: Ajoy Khanderia, Tushar Jani, Venture Catalysts, Inflection Point Ventures, Navam Capital and Vijay Shekhar Sharma. TechEagle is based in Gurugram, Haryana, India.

How much did TechEagle raise?
TechEagle raised an undisclosed amount in a Funding Round round on May 30, 2024.
Who invested in TechEagle?
Ajoy Khanderia, Tushar Jani, Venture Catalysts, Inflection Point Ventures, Navam Capital and Vijay Shekhar Sharma are named as investors in this round.
What does TechEagle do?
On-demand drone delivery and logistics firm TechEagle is revolutionizing the logistics industry with innovative drones for mid-mile and inter-city deliveries.
Where is TechEagle based and how big is it?
TechEagle is based in Gurugram, Haryana, India.
Who are the decision-makers at TechEagle?
Fundz holds 1 contact at TechEagle. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Logistics around the same time

Companies in the same sectors as TechEagle that raised within 45 days of this round, from Fundz verified event records.

  • FastBeetle Logistics Pvt. Ltd raised an undisclosed amount (Seed) on July 12, 2024.
  • DST raised $100M (Series E) on July 9, 2024.
  • Roboat raised $592K (Seed) on July 4, 2024.
  • Lobb raised $2.9M (Seed) on July 4, 2024.
  • LandBridge Company raised $13M on July 1, 2024.
  • LogShare raised $2.4M (Seed) on June 17, 2024.

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Company Information

Company

TechEagle

Location

Gurugram, Haryana, India

About

On-demand drone delivery and logistics firm TechEagle is revolutionizing the logistics industry with innovative drones for mid-mile and inter-city deliveries.

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