Reliance Venture Asset Management, corporate venture capital firm, announced the completion of first round of venture funding in Reverse Logistics Co, a technology enabled end-to-end reverse supply chain solutions company.
The announcement is in line with the company’s recent rebranding and widening focus on investing in disruptive and sustainable business models with a sector agnostic philosophy.
Kleiner Perkins Caufield & Byers and Sherpalo are co-investors in this funding with Reliance Venture Asset Management.