On January 15, 2023, Logistech Solutions Pte. Ltd. closed the transaction. The company has amended the terms of the transaction and has now received $11 million in the transaction.
The company has received $3.11 million in its second tranche closing. The transaction is led by new investor, Reefknot Investments and included participation from returning investors, Antler Innovation Pte. Ltd, Sequoia Capital India Advisors Private Limited, Surge Ventures, and Febe Ventures Limited, and new investors, Access Ventures, LLC, JG Summit Holdings, Inc., and Western Technology Investment, a fund managed by Westech Investment Advisors, LLC.