Logistics services provider GoJavas has secured more funding from Snapdeal, following a $19.1m investment in March 2015.
India-based logistics provider GoJavas has received $20m in equity funding from e-commerce company Snapdeal, the Times of India reported on Wednesday.
The commitment follows a $19.1m investment by Snapdeal in GoJavas in March this year, through which it acquired a 20% stake.
The two companies have been working together since Snapdeal’s initial investment, as it seeks to establish a last-mile delivery partner. Snapdeal has invested $100m to build out its logistics and supply chain over the past six months…
