Funding Alert

HyperTrack raises $25M in Series A funding led by WestBridge Capital


HyperTrack, a San Francisco, CA-based provider of logistics APIs for post-dispatch ground truth, had raised $25m in Series A round of funding led by WestBridge Capital and existing investor Nexus Venture Partners

The company’s customer base will be expanded to include customers in Europe, Latin America, the Middle East, and Southeast Asia after the Series A financing. Spiritzone, MagaLoop, and Jobox.AI are a few of the clients.

HyperTrack intends to make use of the funds by expanding its global engineering team.

The API platform for logistics tech builders is creating solutions for last mile fulfilment integrating mobile, maps, and the cloud, under the direction of founder and CEO Kashyap Deorah. It uses real-world data to inform its order APIs for planning, assignment, tracking, and completion in order to raise operational KPIs. Its broad collection of APIs, SDKs, and webhooks is utilised by clients on every continent.

HyperTrack funding

Furthermore, the company has bolstered its leadership team with industry experts who have a track record of building market-dominating unicorns and decacorns. Pradeep Sharma joins as the vice president of engineering after leading engineering teams at BYJU’s and LendingKart. The company has hired Silicon Valley IT veteran Gaurav Deshpande as its vice president of marketing.

About HyperTrack

HyperTrack was founded by Indian serial entrepreneur, Kashyap Deorah along with Tapan Pandita and Abhishek Poddar, in 2015. Headquartered in San Francisco, California with engineering teams between San Francisco and Ukraine, the company is backed by top investors and advisors in Silicon Valley with global reach and also provides logistics app developers with technologies that are movement- and location-based.

 

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