German fund makes India debut with investment in Sequoia-backed LocoNav
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German fund makes India debut with investment in Sequoia-backed LocoNav

By Debjyoti Roy

  • 15 May 2020
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German fund makes India debut with investment in Sequoia-backed LocoNav
Credit: 123RF.com

Logistics-tech startup LocoNav has raised fresh capital from a German venture capital and private equity firm, two persons privy to the development told VCCircle. The Sequoia Capital-backed company has raised $2 million (Rs 15 crore at current exchange rate) from Foundamental GmbH, they said asking not to be named. LocoNav and Foundamental ......

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