FreightFox raises $600K in seed funding
The Pune-based intelligent supply chain platform FreightFox has secured $600,000 from Aeravti Ventures, with additional participation from strategic founders and top CXOs.
FreightFox thinks that this investment will empower them to further develop their platform and penetrate new markets.
FreightFox is dedicated to streamlining and optimizing supply chain operations in the first-mile. The platform builds on top of varied data with a proprietary Freight-IQ module to provide superior end-to-end supply-chain management.
Founded to tackle the intricacies of freight sourcing, FreightFox was conceived by Nitish Rai, CEO & co-founder, who boasts a decade of supply-chain experience.
Nitish Rai: "Aeravti Ventures has been an early believer of our platform and with their backing, we're poised to boost our data and AI capabilities, streamlining logistics for the manufacturing sector.”
Shubham Jhuria, Aeravti Ventures: "FreightFox's comprehensive platform, experienced team and customer-first approach made our investment decision a no-brainer. We look forward to the value they'll unlock for global manufacturers.”
Click here to read:
Crown Worldwide opens fine art vault facility in Mumbai