B2B logistics startup, GoBolt has raised undisclosed amount in Pre-Series A round while premium tea and coffee capsules brand Bonhomia has secured $500K in a bridge round of funding.

B2B Logistics Startup GoBolt Raises Pre Series A Funding Led by MCube8

New Delhi-based transportation solution provider in B2B segment, Gobolt has raised undisclosed amount in Pre-Series A round led by startup incubator MCube8, a division of financial advisory firm MCube Capital.

The company will use the raised funds in ramping up operations and improving technology. Founded in October 2015 by three alumni of S.P. Jain Institute of Management and Research, viz. Parag Aggarwal, Sumit Sharma and Naitik Baghla, GoBolt provides solutions for on-demand movement of goods between two major cities or ports or from a transportation hub to a final destination in the area. It also provides data services such as Fleet Management System, Control Tower Services, GPS Tracking, and Data analytics.

The portal  serves categories such as automobile, ecommerce, food processing companies, etc. and its clients include PepsiCo and Tupperware, Philips, Cadbury, Panasonic, amongst others.

It has more than 600 trucks on its platform and provides its services across more than 35 cities.

Bonhomia Raises $500K In Bridge Round Of Funding from Valpro Capital, Others

The premium tea and coffee capsules brand Bonhomia has raised $500K in a Bridge round of funding from most of its existing shareholders as well as some new investors including Valpro Capital (the company behind the capital raising platform Enablers) and an entrepreneur running  one of India’s largest consumer electronics companies.

The company is currently in talks with potential strategic investors for investments. Owned and operated by Indulge Beverages, Bonhomia develops and markets a range of premium coffee, tea pods and capsules and coffee machines.

The four-yearold company caters to both retail and institutional segments, including Oberoi Group of hotels, Ritz Carlton and multiple Hyatt hotels. Bonhomia also retails through Amazon and Snapdeal as well as through retail chains Croma, Godrej Nature's Basket and Spencer's Retail, among others. In April 2015, it raised $2 million in two tranches from a group of super angels including Kanwaljit Singh, Shripad Nadkarni, Apurva Salarpuria, Ashok Dhingra, Nita Mirchandani, Sarvesh Sahara , Ramrod Advisors, Gidwani family, Tolmolbol, and Nitesh Kripalani.

Image Source: ShutterStock

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