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Round also saw participation from Tiger Global, Axilor Technologies Fund, Arali Investments & Unikon Shipping Ventures

Krishnakumar V promoted as Global COO, Satish Lakkaraju as Global Head of Air Freight and Pharma Vertical.

Investment marks largest Series A funding in Indian logistics; Wiz plans expansion into SE Asia, Middle East & Africa.

To be headquartered in Singapore, Wiz Bulk will cater to the niche market of dry bulk shipping.