Logistics tech startup Mojro Technologies raises $5.5 million for global expansion, product innovation
· Source: indianstartupnews.com
In short
Bengaluru-based logistics tech startup Mojro Technologies has secured $5.5 million in Series A funding, including a previously announced $3 million and a $2.5 million extension from Dallas Venture Capital. The company plans to use the funds for global expansion and product innovation, leveraging its AI-driven platform for route planning, fleet utilisation, and cost reduction. The funding comes amid rapid growth in the AI logistics market, projected to reach $38.68 billion in 2026.
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Tags: logistics, funding, AI, supply-chain, startup, optimization