Bengaluru-based logistics start-up Loadshare, which focuses largely on small and medium enterprises (SMEs), has raised an undisclosed amount of funding led by Stellaris Venture Partners and Matrix Partners India.
The company will use the fresh funding to strengthen its core leadership team, expand into new geographies, and to scale its technology base. As a part of the transaction, Alok Goyal, partner at Stellaris Venture Partners, will join the company’s board, the company said in a statement.