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Freight marketplace TrucksUp raises $8.2 million to scale technology and fleet solutions with support from institutional investors and cofounders.
PRIVATEAug 27, 2026•about 3 hours ago
Amount Raised
$8.2 Million
Round Type
Venture - Series Unknown
GurugramTransportationLogistics
Investors
Aviraj Singh ChadhaSarthak Shah ElwadhiFamily OfficesInstitutional Investors
Description
AI-driven logistics platform TrucksUp has successfully raised $8.2 million in a funding round, achieving a post-money valuation of $42.3 million. The capital raise saw participation from institutional investors and family offices, alongside increased stakes from cofounders Sarthak Shah Elwadhi and Aviraj Singh Chadha. TrucksUp connects truck owners with businesses needing to move goods, enhancing efficiency in logistics. This funding will be utilized to scale their technology and fleet solutions.
Company Information
Company
TrucksUp
Location
Gurugram, Haryana, India
About
TrucksUp is a full truckload aggregator firm based in Gurugram, India. The company aims to provide innovative and sustainable solutions for customers' logistics needs.
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