Emiza secures Rs100 cr in funding

New Delhi: Logistics startup Emiza on Monday said it has raised Rs100 crore in a funding round led by Evolvence India and Mirabilis Investment Trust. The funding marks the Mumbai-headquartered firm at a Rs400 crore valuation, according to a statement. “The newly infused funds will be utilised to drive innovation, with a focus on enhancing warehouse technology, increasing automation, and expanding its footprint with new facilities. “By strengthening its management team and introducing services tailored to the evolving needs of consumer and retail brands, Emiza aims to deliver comprehensive end-to-end fulfilment solutions, catering seamlessly to both online and offline platforms,” the company said in the statement.