IDG Ventures India, Others Invest US$3.65 Million in Series A Round for Blowhorn (Asia)
Source(s): Unitus Seed Fund
India-based intra-city logistics startup Blowhorn has raised US$3.65 million in Series A funding from IDG Ventures India, the Michael & Susan Dell Foundation and existing investors Draper Associates and Unitus Seed Fund, an impact investing affiliate of Unitus Group. The company, which connects customers with mini-truck owners for intra-city deliveries, plans to use the funds to expand operations and grow its technology and operations teams.