In this article, Chad Bailey, Associate at NGP Capital and Upal Basu, Partner at NGP Capital, shed light on the last-mile delivery market in India and the newest addition of NGP Capital’s logistics portfolio: India’s leading third-party, last-mile logistics provider Shadowfax.
Moovit has more than 200 million users and is adding 1.1 million new users per day. The company has grown five times in just two years and covers multi-modal transit in more than 2,200 cities within more than 80 countries. How did Moovit overcome its growth barriers?
Shadowfax, India’s market leader in the Online-2-Offline (O2O) logistics segment, announced today that it has closed $ 22 million in Series C funding led by NGP Capital. Qualcomm Ventures (the investment arm of Qualcomm Incorporated), Mirae Asset and existing investor, Eight Roads Ventures, also joined the oversubscribed equity round.
Scandit, the leading enterprise technology platform for mobile computer vision, barcode scanning, and augmented reality, today announced that it has raised $30 million in Series B funding led by GV, with participation from NGP Capital and existing investor Atomico, among others. Scandit has previously raised $13 million.
Ben Jacobs, co-founder and former CEO of Whistle, now Head of Ventures at Mars Petcare, has been on both sides of the M&A negotiation table. Here he shares the story behind Whistle, his pet activity company (acquired by Mars Petcare), along with his best advice for both potential buyers and potential acquisition targets.
Quiknos, a Chinese primary healthcare service provider announces the close of an RMB100M Series B financing led by NGP Capital. Softbank China and Chengde Capital participates in the round. The funding will be used for user acquisition, regional expansion and R&D.
NGP Capital is looking for an enthusiastic Marketing and Communications Manager to help us with our overall marketing efforts in the US and Europe. You will be driving development and execution of the existing marketing plan independently to build the NGP Capital brand among our target audiences. The position is a fixed term, one-year contract.
Caroobi received 20M USD in Series B financing. As the first digital car repair shop, the company brought the automotive aftersales market online by offering remote diagnosis and fixed prices. With the new investment, Caroobi will further expand its recently launched marketplace for replacement car parts and kick off its international rollout.
Last week, almost 40 delegates participated in Founders Connect, a two-day event hosted by NGP Capital in Berlin. We gathered our friends, advisors and portfolio companies in a private setting under one roof to share and discuss the many similar situations founders face during their journeys.
NGP Capital, a global, growth-stage venture firm, today announced the addition of three new Advisors with extensive executive operating experience in networks, software and the health sectors to its growing group of expert advisors who support portfolio companies and provide investment counsel to NGP Capital.
Babbel recently turned ten years old. We sat down with co-founders Markus Witte and Thomas Holl in Berlin to talk about Babbel ten years from now, what being a learning company means and why building a diverse team is top of mind for the founders.