The Week that Was: Indian Startup News Overview (16th November- 22nd November)


Funding News: Agraga Raises Rs 100 Crore to Boost Digital Freight and LCL Network

Startup: Agraga

Founders: Venkatesh Narayanaswamy and Anoop Raghavan 

About us: Agraga is a digital freight-forwarding platform that brings together freight booking, customs clearance, warehousing and embedded financial services into a unified tech stack. It serves exporters and importers especially MSMEs and mid-market companies with real-time pricing, shipment visibility, documentation workflows and data-driven decision-making. 

Founded Year: 2021

Office: Headquartered in Mumbai, India; serves customers across more than 40 global trade lanes. 

Sector: Logistics / Supply-Chain Technology Digital Freight Forwarding, Cross-Border Logistics

Funding Round: Pre-Series B - Rs 100 crore 

Investors: Led by Bajaj Finserv Group with participation from existing investor IvyCap Ventures and select global angel investors. 

Agraga has raised Rs 100 crore to scale its operations and technology. The fresh capital will be used to strengthen its cross-border logistics platform, expand its Less-Than-Container Load (LCL) vertical, invest in automation, real-time visibility and embedded finance tools, and widen its presence across major Indian export-hubs.

Website: https://agraga.co.in/

Also Read: Uniphore Raises $260 Million to Boost Global AI Automation