B2B logistics tech platform, Oorjaa raises roughly ₹9 crore in a pre-series A funding spherical, led by angel investing agency, Inflection Level Ventures (IPV). Oorjaa to make the most of the funds for enhancing give attention to product and tech growth, enlargement of recent geographies and on working capital necessities.
Launched in November 2019, Oorjaa has expanded its footprint to greater than 15 cities, 30 hub places, conducting 4,000 plus orders per day with over 200 automobiles (inclusive of EV cargo automobiles, selling sustainability). The logistic tech agency supplies technology-driven logistics options supported with transformative instruments on auto-routing, community optimisation, information analytics, journey administration and working processes run by expert and skilled manpower.
Oorjaa is based by Sandeep Patil, Prashant Mohite and Yogesh Parab.
Additionally, a clutch of high-net-worth people invested in a private capability and thru Vinners’ angel investing platform in the course of the pre-series A spherical.
Since its inception in 2018, Inflection Level Ventures (IPV) is a 6000+ sturdy members angel investing agency thriving to help new-age entrepreneurs, offering them financial & experiential capital by connecting them with a various group of buyers.
Earlier, in its weblog ‘Levels of Startup Funding: Collection A, B, C Funding’, IVP defined sequence A funding. Underneath the sequence, the cash raised is used to scale the enterprise by tapping into new markets and launching new options or merchandise. It may also be used for any monetary shortfalls.
Supply: Live Mint