We will update the post once she responds. The team has built multiple ground-breaking technology applications in logistics to fundamentally transform the sector. Rivigo has raised $270.55 m in total funding. Studies have shown that long distance truck drivers are highly vulnerable to HIV transmission due to risky sexual behaviour, like sex with prostitutes. They have created a fleet of around 3,000 containerised trucks, all sourced directly from the manufacturers.

Rivigo is funded by 6 investors. Trifecta Capital Advisors and Trifecta Capital are the most recent investors. It could, however, not be immediately ascertained whether Rivigo was looking to rope in a new investor as part of a larger Series D round that would put it in the haloed Unicorn club. Rivigo’s clients can check the temperature in real time and even change the temperature remotely through an app.

“The model is very intelligent.

The fact that drivers stay on the road for days on end makes this a profession that is looked down upon. Besides consumer Internet companies, pure-play B2B firms including Udaan, Freshworks, Delhivery, Druva and Ola Electric also achieved a valuation of $1 billion or more in the past 21 months. It’s worth noting that 15 companies had turned Unicorns alone in 2018. [])), +((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]))/+((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![]+[])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]+(!![])-[])+(!+[]+(!![])+!![])+(!+[]+(!![])-[])+(!+[]+(!![])-[])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!! In a recent VCCircle analysis, Rivigo was one of the tech firms expected to become a ‘Soonicorn’, in other words, to hit Unicorn status in 2018.

Property of Mosaic Media Ventures Pvt. All this takes less than five minutes and the pilot can drive off to his next pit stop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ivigo has raised a total of $257.4M in funding over 10 rounds. That’s exactly what the airlines industry does. Times Internet Limited. Their latest funding was raised on Jan 7, 2020 from a Debt Financing round. These trucks are also heavily tech-enabled.

The pilot after handing over one truck needs to take the wheel of another truck that is coming in the opposite direction.

[])), +((!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+[])+(+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![])+(!+[]+(!![])-[])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]+(!![])+!![]))/+((!+[]+(!![])-[]+[])+(!+[]+(!![])+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!![]+!![]+!![]+!![]+!![])+(+!![])+(!+[]-(!![]))+(!+[]+(!![])+!![]+!![]+!![])+(!+[]+(!![])+!![]+!![]+!! Losses also galloped to Rs 137 crore last fiscal from Rs 5.5 crore in FY2016. The idea was simple enough. Gazal confirmed the company has reached post-money valuation of $1 billion.

Rivigo's latest funding round in December 2019 was reported to be $20 m. In total, Rivigo has raised $270.5 m. Rivigo's latest valuation is reported to be $1.1 b. However, its losses, too, went up substantially to Rs 137 crore from just Rs 5.5 crore. The RoC filings also showed that the company’s total expenses had tripled to Rs 525 crore. All drivers go through training programmes.

Much of the startup activity in logistics has taken place post 2013, especially after the advent of the ecommerce industry. There is further complication. They have helped us compress the time taken to transport produce between Delhi-Bengaluru, Guwahati-Bengaluru to half the time typically taken. Founded in 2014, we have been disrupting the sector, with our unique operational model and cutting edge technology, to consistently provide unparalleled delivery times to our clients while improving quality of life of our delivery people.

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