
We Founder Circle leads a $500K seed round for logistics startup Pickkup
Logistic startup Pickkuphas raised $500K in a seed subsidizing circular driven by We Founder Circle (WFC)at the side support from other angel investors.
The continues will be deliberately utilized to grow its electric fleet, upgrade the group, and contribute in progressed innovation to reinforce coordination's productivity, Pickup said in a press release.
Co-founded by Ankush Sharma, Chandra Shekhar, and Upma Sharma, Pickkup points to rethink coordination's by conveying a 100% electric fleet, integrating cutting-edge innovation to move forward conveyance efficiency, and actively contributing to decarbonization efforts. With a growing require for eco-friendly coordination's arrangements, the company extraordinary to make affect within the industry.
The Chandigarh-based startup aims to construct a sustainable, tech-driven coordination's ecosystem that maximizes fleet utilization whereas minimizing environmental affect. It looks to optimize cross-utilization of its electric vehicles, guaranteeing they are operational for the greatest number of hours day by day, a move that leverages the low operating costs of EVs for upgraded productivity and reasonableness.
Built up in 2020, We Founder Circle offers mentorship & effectively contributes in early organize new businesses. It contributes $250,000-$2 million sum in early-stage new businesses that are fueled with aspiration, maintainability, and a vital approach. The VC firm has empowered $50 million worth of ventures over 150 deals. Some of the key speculations incorporate category pioneer companies like BluSmart, Zypp Electric, Kazam, Gauda Aerospace, Pixxel SpaceTech, Qpi Quantum Computing, among others.