Photo credit: The Passage
Pickrr, a logistics company backed by angel investors and high net worth individuals, has raised its first institutional cheque of $4 million from investors led by Guild Capital and Omidyar Network India. Through the funding, some of the early backers have exited.
Founded in 2015 by Majumder, Gaurav Mangla and Ankit Kaushik, Pickrr is an end-to-end plug-n-play logistics solution for ecommerce sellers and direct to consumer brands. So far, the company was bootstrapped by the founders, with support from angel investors. The company said it serves 26,000 pin codes across the country and handles around 1.5 million shipments each month.
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