Pune-based intelligent supply chain management platform, FreightFox has secured $600K in series seed round funding led by Aeravti Ventures in participation from strategic founders and top CXOs.
The platform plans to utilize the raised funds to develop its platform and for business expansion in new markets.
Speaking about the funding, Nitish Rai, Co-founder of FreightFox said, “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.”
“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,” Shubham Jhuria, Partner & CFO at Aeravti Ventures further added.