Raaho secures pre-Series A backing from ENRISSION’s India fund
The Japanese investor is backing the freight platform through its SP26 India investment vehicle.
ENRISSION India Capital announced an investment in Raaho through the ENRISSION SP26 India fund on October 21. The investment forms part of the company’s pre-Series A financing; its size and financial terms were not disclosed.
Raaho operates in an Indian trucking market dominated by small fleets. Its platform combines digital matching with an operations team that checks requirements and negotiates freight prices. ENRISSION said it would support the company’s expansion, backing an approach that pairs software with coordination on the ground.