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.
Lime raises new $335 million round led by GV and Uber with participation from NGP Capital and others.
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.
NGP Capital invests in LimeBike Series B. The company becomes the first to provide a diverse shared mobility fleet to the masses.
Fetchr raises Series B led by NEA with participation from NGP
As car ownership goes down, the transportation-as-a-service business model offers a higher-margin opportunity within the auto sector.
Peloton teams with global industry leaders to put the safest, smartest and most fuel-efficient trucks on the road
Connected car makers are getting a reality check. Pilot programs for fully and semi-autonomous self-driving cars have ignited a hype cycle that’s turning in on itself,
We recently announced our investment in Drivy, a peer-to-peer car rental platform out of France complementing our existing investment in India based Zoomcar. Drivy became our seventh investment in the
April 28th, 2016 – Drivy, Europe’s largest car rental marketplace, with 850,000 users across France, Germany and Spain, has just closed a new €31m investment round