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The journey of this startup to raising INR 64 crores




Pando, a Logistics and supply chain management start-up founded by Nitin Jayakrishnan and Abhijeet Manohar in late 2016 has raised Rs 64 Cr in a Series A round led by Chiratae Ventures. With the assistance of German conglomerate Siemens' investment arm Next47 and existing investor Nexus Venture Partners.
TC Meenakshisundaram, founder and managing director at Chiratae said, “Global Logistics is going through a disruption, and large enterprises require a platform that can help them leverage these market changes to scale faster.”

Pando continues to concentrate on products and people, to ease and enable commerce through digital deliveries. By creating the world’s first open-market, freight management platform and in turn, creating an economic network of delivery stakeholders this startup has Global Potential.

The start-up would expand its operations in India as it has a huge market. The company has so far raised INR 80 crore, which involves a previous seed round led by Nexus with this.

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