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Wiz Freight raises Rs 275 cr in Series A round from Tiger Global, Axilor

Investment in supply chain start-up marks the largest Series A funding in Indian logistics sector.

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Photo: Bloomberg

Deepsekhar Choudhury Bengaluru
Wiz Freight, a cross-border supply chain start-up, has raised Rs 275 crore in a mix of equity and debt led by Tiger Global and participation by Axilor Ventures, Foundamental, Arali Ventures, Stride Ventures and Alteria Capital. 

This marks the largest Series A funding in Indian logistics. The company plans to accelerate its technology R&D and global expansion into Southeast Asia, the Middle East and Africa with the new investment.

Founded in August 2020 by Ramkumar Govindarajan and Ramkumar Ramachandran, Wiz aids exporters and importers in emerging markets to book and manage their cross-border shipments on its tech platform with e-commerce-like

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First Published: Mar 31 2022 | 2:56 PM IST

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