Freight Tiger Secures More Funding Despite Down Round
Freight Tiger, a Mumbai-based logistics startup, has secured fresh funding in a down round. The exact amount raised remains undisclosed, but the company has previously secured $13 million in a Series C round led by Tata Motors.
Freight Tiger is operated by Freight Commerce Solutions Pvt. Ltd. The startup offers digital freight forwarding services, connecting shippers with carriers. Despite the down round, which typically indicates a decrease in valuation, the company continues to attract investors. The recent funding will likely support Freight Tiger's ongoing operations and expansion plans.
Freight Tiger's latest funding round, though a down round, signals continued investor confidence in the company's potential. The exact amount raised remains unknown, but it's clear that Freight Tiger is committed to growing its digital logistics platform.
