Venture Capital
Diptab Ventures Pvt. Ltd, which operates a tech-enabled logistics marketplace for intra-city deliveries called LetsTransport, has raised $12 million (around Rs 88 crore at current exchange rates) in a fresh funding round, according to a media report. Citing people in the know, The Economic Times reported that Fosun RZ Capital, the venture capital arm of Chinese conglomerate Fosun International, had led the investment with an infusion of $5 million. Email queries sent to LetsTransport and Fosun RZ Capital’s India head and managing director Tej Kapoor did not elicit a response till the time of publishing this report.

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