Furniture and appliance leasing startup RentoMojo and logistics technology startup Freight Tiger are among the latest Indian startups to have secured funding.
Kris Gopalakrishnan backs RentoMojo
Gopalakrishnan routed the investment through his family office, Pratithi Investment Trust, the report said citing a source.
Earlier this month, RentoMojo was reported to be raising about 11 million (Rs 77.72 crore) in a Series C funding round led by existing investors Accel India and Chiratae Ventures. The Bengaluru-based startup is also expected to receive a capital infusion from Bain Capital Ventures and Japanese investor GMO Venture Partners.
Freight Tiger raises $2m
Mumbai-based Freight Tiger was founded in 2014 by Swapnil Shah. The company operates a mobile app for truck-owners, brokers and logistics companies, helping them increase their truck utilisation.
Other investors in the startup include Lightspeed India Partners and Shriram Transport Finance Company Ltd.