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Recently Funded|Amount: USD 30.2M|Industry: Truck Transportation

Rivigo Raises $30.2 Million in Funding to Revolutionize Goods Mobility in India

Rivigo

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1,001-5,000 employees employees (Est.)
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Rivigo, part of Mahindra Logistics, is excited to announce the successful raising of $30.2 million in funding aimed at further enhancing its innovative logistics services across India. With a powerful mission to revolutionize goods mobility and significantly reduce logistics costs, Rivigo is at the forefront of redefining express logistics in the country. Operating as MLL Express Services Pvt. Ltd., the company has made substantial strides in delivering to over 19,000 pin codes, emphasizing a zero-defect approach combined with an unwavering commitment to customer satisfaction. This latest round of funding will be pivotal in bolstering Rivigo’s capabilities to develop cutting-edge technological solutions that not only streamline operations but also ensure faster, safer, and more reliable delivery services. The capital raised will be utilized to invest in advanced logistics technology, enhance operational efficiency, and expand its reach across both urban and rural networks. As Rivigo continues to forge ahead with Mahindra Logistics, this funding underscores the company’s dedication to fostering collaboration and innovation within the logistics sector, while delivering unmatched value to its stakeholders. By leveraging this investment, Rivigo aims to ignite success at every level of the supply chain, reinforcing its position as a leader in India’s logistics landscape and pioneering new benchmarks for excellence in express delivery. With a strategic focus on improving logistics infrastructure and optimizing performance, Rivigo is set to transform the logistics experience for businesses and customers alike throughout the country.
November 14, 2024

Buying Signals & Intent

Our AI suggests Rivigo may be interested in solutions related to:

  • Contract Logistics
  • Integrated Warehousing
  • Transport Management
  • Last Mile Delivery Solutions
  • Air and Ocean Freight

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