Freight Tiger Secures Fresh Capital in Down Round Despite Economic Downturn
Freight Tiger, a Mumbai-based logistics-tech startup operated by Freight Commerce Solutions Pvt. Ltd., has secured fresh capital in a down round. The company has not disclosed the names of all investors involved in this financing round.
Freight Tiger, which offers digital freight forwarding services, has raised funds despite the challenging market conditions. This down round indicates that the company's valuation has decreased since its previous funding round. However, the exact amount raised and the new valuation remain unknown.
Freight Tiger continues to attract investors despite the economic downturn. The company's innovative logistics-tech solutions have evidently maintained their appeal, even as the startup navigates a down round.
