Distribution platform Ripplr raises $12m funding and 19 India deal updates

Distribution and logistics startup Ripplr has raised $12 million in its pre-Series B funding round from Japanese conglomerate Sojitz Corporation and Stride Ventures.

The funding round, which was a mix of equity and debt, also saw participation of 3one4 Capital, Zephyr Peacock India Growth Fund and Chand Family Office – Yukti, supported by early-stage angel investors Vivek and Abhay (Licious founders), Aniketh and Ashish (Solution Infini (now Kaleyra) founders).

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