Woman-founded Amaravati startup Bringgg secures ₹40 lakh NRI investment
Amaravati-based logistics startup Bringgg has secured ₹40 lakh in funding from NRI investors to expand its peer-to-peer delivery network. The platform connects travelers with people needing to send goods, aiming to reduce logistics costs and carbon footprints.
An Amaravati-based logistics startup, Bringgg, powered by RS Gentsia Private Limited and founded by woman entrepreneur Visruthi Yellapu, has secured a first technology infusion investment of ₹40 lakh from two non-resident Indians (NRIs) to support the next phase of its business expansion. The agreement has a provision for further investment as well. The investment will be used to develop four new verticals under the company’s Bringgg platform, the founder said.
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