Mumbai, May 13 (PTI) Digital logistics startup Zipaworld Innovation the pharma and chemicals industry.
The startup plans to harness the funds to mobilize and accelerate AI and ML-based logistics and supply chain services, anticipating market trends and risks as well as supporting consensual research and development, among others, it said in a statement.
Also Read | Cryptocurrency Crash: Coinbase Suffers Major Outage, Binance Halts Terra Luna Trading.
In addition, the funds will be used to bolster the infrastructure; workforce expansion; global market penetration and elaboration of international network, it added.
“As per our strategy, we have planned to be investor-ready at the start of the current financial year and have been able to stick to our strategy. forward to scaling up growth and expansion globally, “said Ambrish Kumar, Founder-CEO, Zipaworld Innovation Pvt Ltd.
Also Read | OnePlus Nord 2T India Launch Tipped Online: Report.
Zipaworld said that the company has developed an integrated multi-modal logistics platform for the users before any kind of investments could be pursued.
Zipaworld Innovation is the logistics start-up venture of the Delhi-based parent company, AAA 2 Innovate. The company serves over 25,000 PIN CODES pan-India.
(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)