Logistics and distribution startup ElasticRun has raised $40 million in a round led by Prosus Ventures, the venture arm of South African internet and media group Naspers. Existing investors Avataar Ventures and Kalaari Capital also participated in the round. ElasticRun will invest freshly raised capital to further build its technology platform, expand categories, and expand its network coverage to new geographies.
ElasticRun raises $40 million from Prosus Ventures, Avataar, others
Date posted: Friday 1 November 2019