Transporter.city, which is a Gurgaon based AI-enabled logistics platform has now secured an undisclosed amount from the seed funding Axilor Venture, which is a private equity firm Touchstone Equities and angel network Leads Angels.
The funds secured will be used to bolster the startup technology capacity and build on its service capabilities across the PAN India, according to the report which has been revealed.
A few undisclosed angel investors have also participated in the new funding round.
The startup powers automation of last-mile, hyperlocal logistics. It offers a location-enabled a platform for facilitating operations in the eCommerce, groceries, food, healthcare, waste management sectors.
Among the Transporter.city SaaS offerings is an AI-enabled delivery CRM, for automating logistics functions. The tool even helps users to plan deliveries, reduce the delivery costs by optimizing routes, and reduce failed attempts, among other things, the announcement revealed.
The startup also offers location-based software development kits that can be integrated into mobile apps to track on-field operations, engagement, and shipping between the employees and users.
The company which is founded in the year 2015 by Shailendra Singh and Soumya Arora, the startup has been building a network of delivery nations operated by local vendors to implement their logistics functions.