Rivigo’s Deepak Garg on how the truck startup’s tech-backed relay model helped them drive through the lockdown
6 min read27 Aug 2020The fresh fundraising round appears to be at the same valuation as the previous one, a note from Paper.vc saidThe company was valued at $1.1 billion in September this year
1 min read13 Dec 2019Rivigo raised $4.9 million from South Korea's KB Platform Fund this yearIt is now valued at $1.05 billion, from $950 million in February last year
1 min read26 Sep 2019The company posted losses of ₹270.23 crore in FY18, compared with loss of ₹123.45 crore a year agoThe company is looking to be profitable by the end of this financial year
1 min read11 Jul 2019Angel investor Rajul Garg saw scale as a roadblock in Rivigo's growth in a operationally heavy businessRivigo's angel round was priced nearly 7-8 times the price Rajul Garg did deals at that point of time
1 min read19 Feb 2019Rivigo's losses doubled from ₹112 crore to ₹245 crore in FY18Total expenditure was reported at ₹966 crore in FY18, up from ₹527 crore last financial year
1 min read23 Jan 2019Logistics startup BlackBuck has appointed JPMorgan as its investment banker for the proposed new funding round, which it aims to raise at $1 billion valuation
1 min read27 Nov 2018Too much capital can result in a valuation race that is not only an illusion externally, but also dangerous internally as it can lead to losing focus
3 min read30 Oct 2018Trifecta Fund II expects to achieve a first close of 250 crore by the end of 2019, says Trifecta Capital co-founder and managing partner Rahul Khanna
2 min read29 Oct 2018Startups are taking more time to hire CTOs and product leaders and are ready to give them more stock in the company to prevent the debacle of 2015
2 min read19 Oct 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared