Startups Money

Exclusive: Sixth Sense Ventures backs hyperlocal logistics startup Grab

12 Nov, 2015

Consumer centric venture fund Sixth Sense Ventures, floated by former IDFC Securities' managing director and its co-head of research Nikhil Vora, has invested in Grab, a Mumbai-based hyperlocal logistics service provider, adding it as the fourth portfolio firm for its maiden fund.

The company, which is run by Grab a Grub Services Pvt Ltd, had recently raised funding from restaurant listing and online food ordering startup Zomato.

Vora told Techcircle.in that his VC firm co-invested in Grab as part of the same round.

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