Truck Hiring Tech Platform Raises Funding
FreightBazaar, India’s first online portal for truck hiring intended for businesses, recently raised a pre-Series A funding round with Omphalos Ventures India leading the funds of an undisclosed amount. Ah! Ventures, a startup that aims at bridging communication between investors and businesses, was essential in sealing the deal.
FreightBazaar revealed that the funds raised will serve the purpose of scaling up operations and expanding its business to several new cities, while also improving its technology to facilitate processes and procedures.
“For the past few years, we have been working to bring structure, technology, efficiency and reliability into the way long-haul transportation has been managed in India,” said co-founder and CEO, FreightBazaar, Ganesh Rewanwar.
The startup ...