Logistics startup Ripplr is in the advanced stages of raising ₹400 crore in a fresh round from State Bank of India (SBI), Moneycontrol reported. The Bengaluru-based firm is being valued at around ₹2,000-2,200 crore during the ongoing negotiations. Its existing shareholders are likely to participate in the round. Notably, SBI has invested money in exchange for equity in the company.