The Singapore Post-backed logistics services provider has raised $35.6m in its latest funding round, which increased the company's valuation to a reported $948m.

Rivigo, an India-based logistics services provider backed by postal services provider Singapore Post, has received $35.6m in new funding, VCCircle reported on Wednesday, citing regulatory filings.

Private equity firm Warburg Pincus led the round, with the remaining capital coming from fellow private equity firm SAIF Partners, and it valued the company at approximately $948m.

Founded in 2014, Rivigo provides logistics services to shippers and fleet operators including trucking, cold chain logistics and express delivery. It also operates a fleet of trucks…