This makes the space automatically interesting to us as investors.”Īlso read: Meet the 6 startups that aim to disrupt logistics sector using technology The space is large enough to accommodate 10-20 billion dollar companies that can execute well, and generate strong revenues and bottomline.
#Sectors stellaris series#
Of the total $6.25 billion raised this year, $70 million went to Bengaluru-based online marketplace for trucking Blackbuck’s Series D round, while another $22 million went to AI-backed supply chain optimisation startup Locus.Īlok Goyal, Managing Partner, Stellaris Venture Partners, told YourStory, “B2B, unlike B2C, isn’t a winner-take-all market, especially in logistics, which in itself is a massive market.
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That’s more than a six-fold increase from the amount it raised last year, across 20 deals. In the past five months of 2019 alone, the logistics sector has already witnessed a capital infusion of $6.25 billion across just eight deals. In particular, investor confidence in the B2B logistics tech startups has witnessed a significant boost, which is reflected in the larger ticket sizes of recent investments in the space. Thanks to the growing need for tech-enabled, innovation-driven solutions to transform the logistics and supply chain market, investor interest in startups in the space has already seen a notable increase.
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Now, the large but fragmented logistics sector is once again emerging the darling of investors and startups alike – only this time, in the business to business (B2B) space. When the ecommerce industry took flight in India, one sector that immediately gained prominence was the logistics space, as startups rushed to provide efficient business-to-consumer (B2C) supply chain solutions to online retailers.