Funding News: Pidge Raises Rs 120 Crore to Expand AI-Led Last-Mile Logistics Network

Startup: Pidge

Founders: Rushil Mohan and Ratnesh Verma 

About us: Pidge is a technology-driven last-mile logistics and supply-marketplace platform that serves enterprises by integrating their internal fleets with regional vendors and third-party logistics providers to create an interoperable logistics operating system. Its proprietary tech stack includes AI-led engines such as Titan and MORRE which optimise allocation, routing, visibility and vendor interoperability. 

Founded Year: 2019 

Office: Headquartered in Gurugram (Haryana), India; serves brands across more than 50 cities. Sector: Logistics / Supply-Chain Technology – Last-Mile Delivery Platform

Funding Round: Growth round of Rs 120 crore led by La Vida es Chula (LVEC) 

Investors: Lead investor La Vida es Chula (LVEC); existing investors also participated. 

Pidge has raised Rs 120 crore in the current funding round. The fresh capital will be used to deepen its presence in Tier II and Tier III Indian cities, strengthen its product and technology stack, and pilot its logistics operating system in select international markets. 

Website: https://pidge.in/

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