Business, Investments

#Fundingwire: Schedulers Logistics Raises $6M in Series B; LEAP India Secures $3M & More

Holisol logistics
Fundingwire is your quick summary of notable investments made in the technology space. The firms which have recently raised investment include Schedulers Logistics, LEAP India & Gladiris Technologies

Schedulers Logistics Raised Series B Round from GVFL

Cold chain logistics firm Schedulers Logistics has raised Rs. $6 million (Rs.40 crore) in Series B round of funding. The investment was made by Gujarat-based venture fund, GVFL. The firm had previously raised $2 million from Aspada Capital in 2014.

Mumbai based Schedulers was founded in 2012 by Akshay Sharma and Colonel Arvind Gangoly. The investment would be used to scale up its operations due to increasing demand. Read More

LEAP India Raises $3M in Bridge Round Led by Mayfield

Supply chain management services firm LEAP India has raised $3 million in a bridge round led by existing investor Mayfield. It had last raised around $4.1 million from Mayfield in December 2014.

LEAP (Leading Enterprise in Advanced Pooling) India was founded in July 2013 by Sunu Mathew. The company provides supply chain equipment and services to logistics, eCommerce, FMCG etc. enterprises. Read More

Gladiris Technologies Secures Seed Funding

Gladiris Technologies, the parent company of e-invoicing platform SpiderG, has raised an undisclosed amount of seed funding from a group of investors. The investors include Rahul Kirloskar, chairman at Kirloskar Pneumatic; Fusion Tech Ventures, the investment arm of Praj’s Pramod Chaudhary; Adi Saravanan, president of Allsec Technologies; Pravin Dongre, CEO at Glencore Grain India and Mahendra Doshi of LPK Securities.

Pune-based Gladiris Technologies was founded in 2013 by Ashwani Rathore, Prakash Nair and Harshal Ingale, and the flagship product SpiderG was launched in 2015. Read More

Image Credit: Simex Transport

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