Logistics startup Rivigo raises $35mn at $948mn valuation

Gurugram-based surface logistics startup Rivigo has raised around $35.6 million at an estimated valuation of nearly $948 million. The funding came from existing investors, led by US private equity firm Warburg Pincus along with participation from venture capital firm SAIF Partners. The startup had last raised $50 million at a valuation of around $945 million in January 2018.