FastBeetle, J&K-based logistics startup, secures $3 million valuation ... - India Shipping News

FastBeetle Logistics, a tech start-up from Jammu and Kashmir, has raised an undisclosed amount of funding in a Pre-Series A round with a $3m valuation, led by KM Trans Group and with support from Alsisar Impact. The company aims to revolutionise the delivery sector in the region and venture into e-commerce and will invest in AI, machine learning and data analytics to improve operations, route planning and tracking. FastBeetle handles over 300,000 monthly shipments across 19,000 PIN codes in India and abroad.

Source: Link