IndiaMart leads $19.4 Mn Series B round in Fleetx.io
SaaS-based fleet management platform Fleetx.io has raised $19.4 million in its Series B round led by IndiaMart. Existing backers IndiaQuotient and BEENEXT have also joined the round. The startup said that the fund will be primarily used for hiring, improving its product, and scaling its business. Founded in 2017 by Vineet Sharma, Abhay Jeet Gupta, Udbhav Rai, Parveen Kataria and Vishal Misra, fleetx offers a suite of IoT and software-based products to help both fleet operators and industries digitise their logistics operations and helps them improve safety, efficiency and sustainability of their vehicles and operations. Continue reading IndiaMart leads $19.4 Mn Series B round in Fleetx.io at Entrackr.
SaaS-based fleet management platform Fleetx.io has raised $19.4 million in its Series B round led by IndiaMart. Existing backers IndiaQuotient and BEENEXT have also joined the round.
The startup said that the fund will be primarily used for hiring, improving its product, and scaling its business.
Founded in 2017 by Vineet Sharma, Abhay Jeet Gupta, Udbhav Rai, Parveen Kataria and Vishal Misra, fleetx offers a suite of IoT and software-based products to help both fleet operators and industries digitise their logistics operations and helps them improve safety, efficiency and sustainability of their vehicles and operations.
