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Logistics startup ElasticRun may raise $55 mn led by Naspers: Report
short by Dharna / on Tuesday, 3 September, 2019
South African internet and media giant Naspers is reportedly in talks to lead a $50-55 million funding round in Pune-based logistics startup ElasticRun. Reports said the deal would value the startup at $250 million. Co-founded in 2016 by Sandeep Deshmukh, Shitiz Bansal and Saurabh Nigam, ElasticRun is a transportation network that uses idle logistics capacities aggregated from various businesses.
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