Flipkart reportedly invested in the online logistics platform in order to support its own upcoming hyperlocal delivery service.
India-based online freight-booking platform Zinka Logisitics has secured $6m in a series A funding from e-commerce company Flipkart, the Economic Times has reported.
Venture capital firm Accel Partners led the round for Zinka, which was previously known as Blackbuck. The funding has not been officially confirmed, with Economic Times citing unnamed venture capitalists, who reportedly also considered participating in the round.
Founded in January 2015, Zinka is developing an online marketplace where consumers, small and medium-sized enterprises and larger businesses…
