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Rivigo

company

About

Rivigo is a technology-enabled logistics platform provider that offers transport services.

Details

Last Funding Type
Series H
Last Funding Money Raised
₹160M
Industries
Automotive,Freight Service,Logistics,Shipping,Transportation
Founded date
Jan 1, 2014
Number Of Employee
1001 - 5000
Operating Status
Active
Legal Name
Rivigo Services Pvt Ltd
Also Known As
TrucksFirst

Rivigo is a technology-enabled logistics platform provider that offers transport services in the e-commerce, clothing, automotive, frozen and processed foods, and automobiles sectors.

The company's full-stack logistics offering includes relay-led trucking and freight marketplace. Relay delivers express logistics across the full truckload, part truck load, and cold chain logistics. Clients leverage 50-70% reduced Turnaround Time (TAT) and higher reliability to reinvent their business models – serving new markets, reducing inventory, and cutting costs.

RIVIGO Freight is a digital trucking marketplace that enables clients to post or add full truckload requirements and get truck supply with a single click. It empowers shippers and fleet operators to optimize their fleet and achieve maximum results and aims to bring a positive impact across the freight ecosystem by making it fully digital and transparent.

RIVIGO Labs, their technology think-tank is home to the country’s best data scientists and engineers. The team has built multiple ground-breaking technology applications in logistics to fundamentally transform the sector. From building algorithmically complex models to accurately predict the life journey of a consignment to creating a dynamic pricing engine for the freight marketplace, the team is working on hundreds of never-done-before problems at scale.

In 2014, Deepak Garg and Gazal Kalra established the company in Gurgaon, Haryana.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
11
₹5.84B $178.30M
Rivigo has raised a total of ₹5.84B $178.30M in funding over 2 rounds. Their latest funding was raised on Aug 23, 2022 from a Series H round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 23, 2022 Series H ₹160M 2 Elevation Capital
Spring Canter Investment
Detail
Nov 2, 2020 Series G ₹844M 1 Elevation Capital Detail
Jan 6, 2020 Debt Financing $3.40M 1 Trifecta Capital Detail
Sep 25, 2019 Series E $4.90M 3 KB Global Platform Fund Detail
Jul 10, 2019 Series E $65M 2 Elevation Capital
Warburg Pincus
Detail

Investors

Number of Lead Investors
Number of Investors
12
8
Rivigo is funded by 8 investors. Elevation Capital and Spring Canter Investment are the most recent investors.
Investor Name Lead Investor Funding Round
Elevation Capital Yes Series H
Spring Canter Investment Yes Series H
Trifecta Capital Yes Debt Financing
KB Global Platform Fund Yes Series E
Trifecta Capital Advisors Yes Debt Financing
SAIF Partners Series E
Warburg Pincus Series E
InnoVen Capital Series D

Employee Profiles

Number of Employee Profiles
5
Rivigo has 5 current employee profiles, including Employee Deepak Garg
Employee
Executive
Executive
Employee
Employee