Naukri parent Info Edge invests ₹5 cr in logistics startup Shipsy

Gurugram-based logistics startup Shipsy has raised ₹5 crore from Naukri parent Info Edge India in a pre-Series A funding round. In a press statement, Shipsy said the funds will be used for its sales and marketing efforts and broadening product offerings. Post the investment, Info Edge will own a 10% stake in Shipsy on a fully converted and diluted basis.