Transport Management System Pando Raises $2M Seed Funding Led By Nexus Venture Partners

Transport Management System Pando Raises $2M Seed Funding Led By Nexus Venture Partners

Raised capital will be used to further develop the product and make it more comprehensive, feature-rich and be a more practical solution for logistics management

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Data driven Transport Management System, Pando, has raised $2 million (approx. Rs 13 crore) in a seed funding round led by Nexus Venture Partners.

Transport Management System Pando Raises $2M Seed Funding Led By Nexus Venture Partners
Transport Management System Pando Raises $2M Seed Funding Led By Nexus Venture Partners

Kashyap Deorah at Hypertrack, Girish Mathrubootham at Freshdesk, Nishant Rao at Sirion Labs (Ex-LinkedIn India MD), and P Balaji at Vodafone (Ex-Nokia, Sony Ericsson India MD) also participated in this round.

The raised capital will be used to further develop the product and make it more comprehensive, feature-rich and be a more practical solution for logistics management focused on large enterprises as well as hiring more talents.

The startup digitizes logistics operations for Fortune 500 companies, global blue-chips and logistics companies.

“Data driven Transport Management System Pando was founded in 2015 by Nitin Jayakrishnan in Chennai. He also co-founded iDelivery, a logistics startup that offers transportation services to its clients.”

Pando is building India’s first open-market, digital, delivery management platform that aims to revolutionize the $200+ billion Indian delivery ecosystem.

Nexus Venture Partners has recently invested USD 3.8 million in Namaste Credit, a New Delhi-based fintech category startup.

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