Indian logitech startup Pickrr raises $12m led by IIFL, Amicus Capital

Photo: Pixabay

Pickrr, a SaaS-based logistics startup, on Wednesday raised $12 million ( ₹85 Crore) in a Series B round led by IIFL, Amicus Capital, and Ananta Capital. Existing investors Omidyar Network India and Guild Capital also participated in this round.

The Gurugam-based company will continue to drive product development and R&D and expand its network of fulfilment centres across the country and will help small and medium-sized businesses (SMBs) including retailers, marketplace sellers and D2C brands, to improve their delivery performance and inventory management.

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