Matrix Partners India invests in logistics start-up Loadshare Networks

Loadshare offers services ranging from first mile, line-haul and last mile deliveries

Matrix Partners India announced on Tuesday that it has invested an undisclosed amount in the logistics-tech startup Loadshare Networks, the investor said in a statement. 
 

The start-up will use the funds to expand the team and build a technology platform for logistics SMEs who are increasingly adopting technology to improve existing business operations, transact with new customers and expand their network. 

The three co-founders of Loadshare have management and sector experience across geographies. Raghuram Talluri, co-founder and CEO Loadshare started his career in technology, was then an Associate Partner at McKinsey & Co following which he led the Customer Experience