Supply chain startup Wheelocity raises $12 mn in Series A round

Early-stage supply chain startup Wheelocity, which handles fresh food supply for quick commerce companies, has raised $12 million in its Series A funding round. The funding round, which was a mix of debt and equity, was led by Lightspeed India Partners and saw participation from Anicut Capital and other investors. Wheelocity's clients include Swiggy Instamart, Dunzo, Blinkit, among others.