FastBeetle Logistics Pvt. Ltd raised an undisclosed Seed B investment led by Jaipur-based angel investor KM Trans group for last-mile logistics in Jammu and Kashmir.
FastBeetle Logistics Pvt. Ltd raised an undisclosed Seed B investment led by Jaipur-based angel investor KM Trans group for last-mile logistics in Jammu and Kashmir.
07/12/24, 1:34 PM
Location
srinagarIndustry
supply chain management
logistics
transportation
e commerce
Round Type
seed
Investors
Vikram Sanghvi, Sandeep Patel Nepra, Saurabh Mittal, Km Trans Group
FastBeetle Logistics Pvt. Ltd, a Jammu and Kashmir-based tech start-up, has raised an undisclosed Seed B investment led by Jaipur-based angel investor KM Trans group. The funding will be used to expand last-mile delivery services and support entry into a new Line Haul business vertical.
Company Info
Location
srinagar, jammu and kashmir, india
Additional Info
FastBeetle Logistics Pvt. Ltd is a Jammu and Kashmir-based tech start-up focused on last-mile logistics in the Union Territory. The startup aims to disrupt the conventional delivery sector of J&K and make inroads into the e-commerce industry, building a robust logistics network and strong presence across major districts of J&K. FastBeetle offers services across 18,000 pin codes in India and internationally, handling over 5 lakh shipments monthly. The company is looking to close FY24 as its first full financial year of positive EBITDA.