India Deal Monitor: Sequoia leads $6m funding in Shipsy and more updates

Llama Logisol, which operates logistics focused software-as-a-service (SaaS) platform Shipsy, has raised about $6 million in a funding round co-led by Sequoia Capital India’s Surge and existing investor Info Edge, per an announcement.

Shipsy is a SaaS (software as a service) based firm that helps shippers reduce freight costs by automating and digitising freight negotiations, reducing incidental charges, significantly improving shipping turnaround time and minimising working capital loss for shippers through advanced machine learning models.

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