HighLeaf Leads ₹5 Crore Pre-Series A Funding in Indian AI-Driven Logistics Platform FreightFox
What is the news?
Pune-headquartered freight-tech startup FreightFox has raised ₹5 crore in a pre-Series A funding round led by HighLeaf, with continued backing from Aeravti Ventures and angel investors Vijender Yadav and Puru Gupta. Founded in 2020 by Nitish Rai, Sandeep Mukhopadhyay, Vikas Singh, and Dhananjaya Shetty, FreightFox offers a comprehensive AI-powered Transportation Management System (TMS) and control tower platform built specifically for large-scale manufacturing and consumer goods enterprises.
Why is it interesting?
The startup’s proprietary platform digitizes and optimizes every node of freight operations, from procurement, route execution, and live shipment tracking to freight invoice audit settlements and carbon sustainability reporting. Demonstrating proven market-fit and enterprise resilience, FreightFox has already managed more than 6 million trips and powered upwards of $2 billion in freight procurement for global marquee brands such as Coca-Cola, PepsiCo, AB InBev, Bridgestone, CEAT, Hero, and Raychem RPG.
The newly acquired funds will be channeled directly into scaling enterprise sales channels and fueling FreightFox’s expansion into international markets. By turning India into a powerhouse for global logistics tech innovation, the founding team at FreightFox exemplifies the Global Indian Alpha spirit building world-class enterprise AI software that solves intricate, multi-billion-dollar global supply chain challenges.
Read more: HighLeaf leads Rs 5 Cr pre-Series A round in FreightFox