[Funding alert] Ripplr secures $3M funding from Zephyr Peaco

[Funding alert] Ripplr secures $3M funding from Zephyr Peacock


[Funding alert] Ripplr secures $3M funding from Zephyr Peacock
The logistics tech startup has also raised money from Chand Family Office (Yukti) and 3one4 Capital
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Ripplr, a tech-enabled distribution and logistics ecosystem platform, has raised $ 3 million in Series-A funding from Zephyr Peacock India Growth Fund. Other investors include the Chand Family Office – Yukti and 3one4 Capital. The latter had invested in Ripplr in January 2020 along with Sprout Venture Partners. 
Abhishek Nehru, Co-founder, Ripplr said,
“The distribution network is mostly regional in nature, and the strength and consistency of operations is heavily dependant on each individual distributor. Consistency, penetration depth, and reliability became top priorities for brands in re-establishing their supply chain networks. At Ripplr, we plan to build a first of its kind tech platform which will enable authorised distributors with business, finance, analytics and operation support, and become India’s first asset lite and tech-led distribution company in next three years.”

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