Aya Lin · · 1 min readIn brief: Logistics startup Rivigo bags $65m, aims to be profitable by financial year-end
- Indian logistics startup Rivigo has raised US$65 million in an ongoing series E round led by US private equity firm Warburg Pincus and Asia-focused SAIF Partners, both existing backers, Inc42 reports.
- The company plans to use the investment to further develop its technology and extend its network coverage.
- Rivigo also claims that it has improved its financial metrics and is looking to be profitable by the end of this financial year.
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