India: Logistics start-up Rivigo Services in talks for $400m funding

India: Logistics start-up Rivigo Services in talks for $400m funding

A man offering his services as a road guide stands outside of a logistics park in Chengdu, China, on Tuesday, April 11, 2017. Photographer: Qilai Shen/Bloomberg

Rivigo Services Pvt. Ltd, India’s most valuable logistics start-up, is in talks to raise a large round of funds from new and existing investors as it seeks to expand its trucking fleet and add new clients, three people familiar with the matter said.

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