 "funds")
Technology-enabled logistics firm Rivigo is raising Rs 141.97 crore from SAIF Partners India VI Limited and Spring Canter Investment Limited. The Gurugram-based firm issued 5,086 Series-F compulsorily convertible preference shares of the face value of Rs 10 each and premium of 2,79,143 each to SAIF and Spring, according to the regulatory documents filed by the company, which were sourced from business intelligence platform Tofler.
Rivigo was started in 2014 by McKinsey alumnus Deepak Garg and Gazal Kalra. It has so far raised multiple rounds of funding to strengthen its technology and network coverage and build its patented relay-trucking network. The
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