RAAHO, an on-demand intercity trucking marketplace, has raised Rs 20 crore in the extension of its pre-series A round at a valuation of 4X over the last year.
The round was led by Inflection Point Ventures (IPV), Roots Ventures , Blume Ventures Founders Fund, and prominent angels like Vijay Shekhar Sharma, Kunal Shah, K Krishna Kumar, Venkatesh Vijayaraghavan, and Aseem Khurana, among others.
"We are proud to share that our valuation has increased by 4x since our last round, with our current round valued at Rs 396 crore," said Md. Imthiaz, Co-founder & CEO, Raaho.