Rivigo
Financials
Estimates*
USD | 2021 |
---|---|
Revenues | 45.7m |
Date | Investors | Amount | Round |
---|---|---|---|
INR618m | Series A | ||
$30.0m | Series B | ||
$75.0m | Growth Equity VC | ||
N/A | INR1.0b | Debt | |
$50.0m Valuation: $945m | Series D | ||
* | $35.6m Valuation: $948m | Late VC | |
$35.6m Valuation: $1.0b | Series E | ||
INR250m | Debt | ||
$11.3m Valuation: $1.1b | Series G | ||
* | $2.0m Valuation: $1.1b | Series H | |
Total Funding | $248m |
Related Content
Recent News about Rivigo
EditRivigo is a pioneering logistics company based in India, specializing in providing comprehensive cargo services that are both fast and safe. The company serves a diverse range of clients, including leading pharmaceutical companies, international apparel brands, and various other industries requiring efficient logistics solutions. Operating in the highly competitive logistics market, Rivigo differentiates itself through its extensive serviceability, covering the largest number of pincodes in India, and its innovative approach to logistics management.
Rivigo's business model revolves around offering both Full Truck Load (FTL) and Part Truck Load (PTL) services, catering to the specific needs of its clients. The company generates revenue by charging for these logistics services, which include freight quotes, pickup, delivery tracking, and reverse logistics. Additionally, Rivigo has introduced the National Freight Index, a revolutionary tool that brings transparency to freight pricing, further enhancing its value proposition.
The company has made significant strides in improving distribution efficiency, unlocking working capital, and managing seasonal business volumes for its clients. By digitizing its HR processes and focusing on making logistics human, faster, safer, and more efficient, Rivigo aims to redefine the logistics landscape in India and beyond.
Keywords: logistics, cargo services, freight, distribution efficiency, Full Truck Load, Part Truck Load, National Freight Index, transparency, serviceability, India.