# Nuvo Logistics Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nuvo-logistics-pvt

- Industry: Software
- Headquarters: Gurgaon, India
- Website: www.nuvoex.com
- Total disclosed funding: $47M
- Latest round: Series B (Sep 29, 2015)
- Investors on record: 6

## About

Nuvo Logistics Pvt. Ltd. is a technology-driven company focused on providing logistics solutions that enhance operational efficiencies for businesses across various sectors.Founded in 2013 and headquartered in Gurgaon, India, Nuvo Logistics Pvt. Ltd. specializes in logistics and supply chain management. The company underwent a strategic acquisition by Shadowfax Technologies Private Limited in October 2017. The firm has successfully completed a total of 7 deals with its most recent funding round being a Series B in 2017, raising USD 4.00 mn from InnoVen Capital, which constitutes the total amount raised to date.Nuvo Logistics Pvt. Ltd. offers a range of logistics services designed to streamline operations and improve supply chain efficiency. These services encompass last-mile delivery, warehousing solutions, and freight management, aimed at optimizing distribution for both individual clients and businesses. The company leverages advanced technology and data analytics to provide tailored logistics solutions that meet the needs of its diverse clientele, facilitating efficient movement of goods across multiple regions.In the most recent fiscal year of 2022, Nuvo Logistics Pvt. Ltd. reported a revenue of USD 1,806,823.70 and an EBITDA of USD 41,097.60, indicating its operational performance during this period.Nuvo Logistics Pvt. Ltd. is actively developing new logistics solutions aimed at enhancing service delivery, with plans for product launches scheduled for 2024. The company is targeting expansion into the Southeast Asian market, with hopes to establish a presence by the end of 2025. The recent funding from the Series B round will be allocated towards scaling operations and technology enhancements to support these initiatives.

## Funding rounds

- Series B, Sep 29, 2015, $36M — Hong Shan, Snapdeal Private Limited, RTP Global, JIF Capital, Elevation Capital, BEENEXT
- Series A, May 14, 2015, $9.8M — Hong Shan, Elevation Capital
- Seed, Feb 25, 2015, $1.2M — Hong Shan

## Investors

- Hong Shan — Seed, Series A, Series B
- Elevation Capital — Series A, Series B
- Snapdeal Private Limited — Series B
- RTP Global (https://capitalatlas.ai/funds/rtp-global) — Series B
- JIF Capital (https://capitalatlas.ai/funds/jif-capital) — Series B
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Series B