FreightFox raises $600K in seed funding led by Aeravti Ventures

FreightFox announced that it has secured $600,000 in seed funding from Aeravti Ventures, with additional participation from strategic founders and top CXOs. The company says it would use the fresh capital to further develop their platform and penetrate new markets.

The Pune-based intelligent Supply Chain platform FreightFox optimises supply chain operations in the first-mile. FreightFox offers a data-driven multi-modal Transportation Management System (TMS) tailor-made for manufacturers. Their insights facilitate proactive decision-making, propelling businesses towards optimised freight management.

“Aeravti Ventures has been an early believer of our platform and with their backing, we’re poised to boost our data and AI capabilities, streamlining logistics for the manufacturing sector,” Nitish Rai, Co-founder of FreightFox, said in a statement.

“FreightFox’s comprehensive platform, experienced team and customer-first approach made our investment decision a no-brainer. We look forward to the value they’ll unlock for global manufacturers,” said Shubham Jhuria, Partner & CFO at Aeravti Ventures.

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