Logistics marketplace Vahak raises undisclosed funding from Work Universe
- ByStartupStory | August 30, 2022
Vahak, a Bengaluru-based road and transport logistics startup, recently acquired an undisclosed amount of money from Work Universe in its Series A round. Vahak, created in 2019 by Karan Shaha and Vikas Chandrawat, offers a transport marketplace with over 10 lakh+ GST and Aadhar verified transporters, extends transport companies across India, and boosts revenues with its AI-powered booking platform.
Vahak previously raised $14 million in Series A funding from Nexus Venture Partners, Fundamentum, iSeed Ventures, Leo Capital, RTP Global, and Titan Capital in June. “Digitally-driven logistics services are critical for lowering India’s logistics costs.” Through our community platform, we are enhancing truck drivers’ lives by providing improved fleet management, easy return load reservations, and advantages such as escrow payments and other value-added services that will be available shortly,” stated Karan Shaha, CEO, and Co-founder of Vahak.
Vahak is more than just a product manufacturer. They are a fast-paced, well-funded startup with the largest online transportation marketplace community. With over 10 lakh Indian carriers on their platform, they aspire to be more than simply a product—they want to redefine the way business-to-business transportation occurs in India!
Users of the Vahak app may book loads and lorries from a live transport marketplace of over 10 lakh+ GST and Aadhar verified carriers, allowing them to expand their transport business across India and boost their earnings. Logistics is the backbone of the Indian economy, and they’re here to help by giving people the technology to book trucks and loads online.
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