Bengaluru-based enterprise logistics startup COGOS Technologies has raised $2 million in pre-Series A funding round led by Transworld Group, a global logistics and shipping firm. Worldquant Ventures, a New York-based deeptech fund also co-led the round.
Ritesh S. Ramakrishnan, joint managing director at Transworld Group, will be joining the board of Cogos Technologies.
The logistics firm will use the funds to develop their technology platform and also expand outside of India. The firm earlier raised a seed round of $1 million from Indian Angel Network, among others.
