Surface logistics platform Rivigo has raised about $11.4 million (Rs 84.5 crore) in a Series G funding round led by existing investor Elevation Capital, formerly known as SAIF Partners.
The Gurugram-based company had raised Rs 25 crore in Series C funding from venture debt firm Trifecta Capital this January, Entrackr reported.
As part of the latest round, Rivigo has allotted 17,061 Series G1 preference shares at an issue price of Rs 49,455 to raise the aforesaid amount, the report cited regulatory filings. Rivigo has raised a total of $280 million across multiple rounds since its inception in 2014.
Other investors in the company include Warburg Pincus, Spring Canter Investment Ltd, and KB Financial Group.
INDIA DEAL MONITOR
Here are prominent venture capital transactions in India from November 1-5, 2020.
