Bengaluru-based logistics and supply chain startup Pando has raised $9 Mn (INR 63.8 Cr) in funding led by Chiratae Ventures alongside existing investor Nexus Venture Partners. The round also witnessed participation from Siemens’ backed Next47, the venture capital firm’s first direct investment in India. The round also included other angel investors, including VMWare India MD Ramkumar Narayan, Indifi CEO Alok Mittal and cofounder and xto10x CEO Saikiran Krishnamurthy.

(Inc42)