Porter Closes Series F Round Led By Kedaara, Wellington Management

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SUMMARY

The round involved a mix of primary and secondary investments

The company plans to use the fresh capital to expand into more cities, support MSMEs, and create opportunities for gig workers

The fund will also be utilised towards team expansion, technology development, and operational improvements

After speculations around $100 Mn fundraise last month, hyperlocal logistics startup Porter has confirmed closure of its Series F funding round. 

The round was led by Kedaara…



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Porter Closes Series F Round Led By Kedaara, Wellington Management


SUMMARY

The round involved a mix of primary and secondary investments

The company plans to use the fresh capital to expand into more cities, support MSMEs, and create opportunities for gig workers

The fund will also be utilised towards team expansion, technology development, and operational improvements

After speculations around $100 Mn fundraise last month, hyperlocal logistics startup Porter has confirmed closure of its Series F funding round. 

The round was led by Kedaara…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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