NuvoEx

company

About

NuvoEx is a niche logistics services company, focused on solving the reverse flow problems in the Indian ecommerce industry.

  • 1001 - 5000

Details

Last Funding Type
Series B
Last Funding Money Raised
$36M
Industries
E-Commerce,Logistics
Founded date
Sep 22, 2013
Number Of Employee
1001 - 5000
Operating Status
Close

Nuvo Ex is a logistics services provider that specializes in solving the reverse flow problems in the e-commerce industry. The company delivers a range of reverse logistics solutions tailored to meet specific requirements of its clients.

Nuvo Ex aims to provide its logistics solutions to clients within expected timelines. Benefits of the company include efficient reverse management, customized solutions, responsive client servicing, and shipment reconciliation.

Nuvo Ex was founded in 2013 by Navneet Singh & Milind Sharma.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$51.20M
NuvoEx has raised a total of $51.20M in funding over 2 rounds. Their latest funding was raised on Dec 21, 2015 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 21, 2015 Series B $4M 1 InnoVen Capital Detail
Sep 29, 2015 Series B $36M 2 Detail
Apr 14, 2015 Series A $10M 1 Detail
Mar 1, 2015 Seed $1.20M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
3
NuvoEx is funded by 3 investors. InnoVen Capital and Snapdeal are the most recent investors.
Investor Name Lead Investor Funding Round
InnoVen Capital Yes Series B
Snapdeal Series B
Sequoia Capital Series B