COGOS Technologies Pvt. Ltd Bengaluru-based enterprise logistics company, raised a total of $2 million in pre-Series A funding.
The round was led by Dubai-based global shipping and logistics player Transworld Group and a New York-based deep-tech fund Worldquant Ventures and among others.
COGOS will use the funds to develop its technology platform and also expand outside of India.
Company: COGOS Technologies Pvt. Ltd
Raised: $2.0M
Round: pre-Series A
Funding Month: September 2021
Lead Investors: Transworld Group and Worldquant Ventures
Additional Investors:
Company Website: https://cogostech.com/
Company Software: AI-driven logistics SaaS platform
About the Company: Founded in 2016 by Prasad Sreeram, who earlier worked in San Francisco-based Prysm Systems, and Rama Mohan Katta, former CEO at MyPharma, COGOS is an artificial intelligence-led logistics platform. COGOS Technologies is the fastest-growing intra-city logistics player in the country. They are a smart-tech-enabled platform offering a one-stop destination for all the intra-city link-supply chains. They have taken the Commercial Transportation sector by storm with our intelligently integrated advanced sensors, IoT technology, and third-party applications to uplift our fellow truckers via our cutting-edge technology.
Source: https://yourstory.com/2021/09/funding-alert-enterprise-logistics-startup-cogos-raises-funds/amp?utm_pageloadtype=scroll