Cogoport Raised $6 million in Series A funding from Accel Partners

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Mumbai based Digital freight aggregator Cogoport ( Cogo Freight Pvt. Ltd ) has secured approx $6 million in Series A funding led by venture capital firm Accel Partners.

Cogoport enables a simpler, smoother and seamless freight booking experience. They do this with a data-driven technology solution to provide instant rates for everyone in the freight ecosystem, and help them grow their business.

Cogoport founded by Purnendu Shekhar, Kunal Rathod, Harsh Kumar and Nishant Dalmia, started operations in feb 2017.

Also read: 20 New Small Business Ideas in India with Low Investment

Shekhar Kirani, managing partner at Accel Partners, said in the statement the Cogoport team has deep domain experience, strong technology background and financial expertise. The team has “all the ingredients for targeting the sizeable global market”, Kirani said.

Cogoport is building an international logistics ready reckoner for its customers – a data-driven platform that has web-based and app-based solutions to provide instant rates, book and track a shipment and ultimately pay with convenience.

Also Read: Top Things Angel Investors Look for in Startups before Investing

[bctt tweet=”The Cogoport solution will ultimately incorporate Big Data analytics and Artificial Intelligence to deliver a transparent and frictionless experience for its customers.” username=”@bizztor_in”]

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