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FastBeetle, a digital logistics platform based in Jammu and Kashmir, has received undisclosed funding in a round led by Jaipur-based angel investors KM Trans Group and incubator Alsisar Impact, valuing the company at $3m. FastBeetle’s infrastructure allows it to offer services across 19k pin codes in India and internationally. The funding will allow the company to invest in advanced tech solutions using AI, machine learning and data analytics. The funds will also support the company’s geographical expansion, strengthen its supply chain partnerships, and enhance solutions for direct-to-consumer brands, as well as hiring, route planning and tracking.

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