Entreprenuernewsnetwork

Delhivery to acquire Algorhythm Tech to strengthen integrated Supply Chain Solutions offering

December 20, 2022 by Entreprenuernewsnetwork

Delhivery, India’s largest fully-integrated logistics service provider, will acquire the Pune-based Algorhythm Tech Pvt. Ltd. that delivers intelligent planning & optimization solutions for enterprise supply chain operations. The company said the transaction is expected to be completed by 31st Jan 2023. This would be a 100% acquisition post which Algorhythm Tech will operate as a … Read more

Multimodal Supply Chain Visibility Startup Intugine raises Rs 19 cr in Pre-Series A Funding

November 29, 2022 by Entreprenuernewsnetwork

Intugine, a real-time multimodal supply chain visibility startup, has raised INR 19 Crores in a pre-series A round led by Mela Ventures and co-financed by Kaleesuwari Group and Innoport. Round also saw participation from marquee investors, including SaaS founders Harsh Shah, Co-founder of Fynd; Anshul Rai, Co-founder and CEO of Happay; and Kashyap Deorah, Founder … Read more

Supply-chain fintech startup NAKAD raises $7M in seed round

May 25, 2022 by Entreprenuernewsnetwork

NAKAD, a supply-chain-focused finance firm, announced on Wednesday that it has secured $7 million in a seed round led by Accel and Matrix Partners India, with AdvantEdge Founders participating. The Delhi-based firm, which provides working finance to India’s supply chain micro, small, and medium enterprises (MSME), said it will utilise the funding to expand its … Read more