Deal Corner
December 02, 2015
QikPod raises funding from Accel Partners, Flipkart, Delhivery and Foxconn Mobile

DEAL BRIEF

LeapMile Logistics Private Limited (“QikPod”) along-with its founder and CEO Ravi Gururaj, has entered into definitive documents to raise USD 9 (Nine) million from Accel Partners, Flipkart, Delhivery and Foxconn Mobile.

QikPod is a simple, convenient and secure cloud-enabled, IoT (Internet-of-Things) product and service company, which will look to set up a network of fully-automated, self-serve and smart lockers will help reduce the hassle of re-delivering couriers when customers are not physically present.

Ravi Gururaj, a serial entrepreneur is a well-known presence in the Indian start up network, has co-founded, mentored and advised several startups and is currently the chair of the NASSCOM Product Council as well as a member of the NASSCOM Executive Council.

Press coverage relating to the QikPod is available here (Economic Times), here (Times of India) and here (VCC Circle).

OUR ROLE

We, at Nishith Desai Associates, acted as legal counsel to Ravi Guruaj and QikPod for this investment.

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Deal Corner

December 02, 2015

QikPod raises funding from Accel Partners, Flipkart, Delhivery and Foxconn Mobile

DEAL BRIEF

LeapMile Logistics Private Limited (“QikPod”) along-with its founder and CEO Ravi Gururaj, has entered into definitive documents to raise USD 9 (Nine) million from Accel Partners, Flipkart, Delhivery and Foxconn Mobile.

QikPod is a simple, convenient and secure cloud-enabled, IoT (Internet-of-Things) product and service company, which will look to set up a network of fully-automated, self-serve and smart lockers will help reduce the hassle of re-delivering couriers when customers are not physically present.

Ravi Gururaj, a serial entrepreneur is a well-known presence in the Indian start up network, has co-founded, mentored and advised several startups and is currently the chair of the NASSCOM Product Council as well as a member of the NASSCOM Executive Council.

Press coverage relating to the QikPod is available here (Economic Times), here (Times of India) and here (VCC Circle).

OUR ROLE

We, at Nishith Desai Associates, acted as legal counsel to Ravi Guruaj and QikPod for this investment.

Disclaimer

We expressly clarify that this communication is not a solicitation or an invitation of any sort whatsoever from Nishith Desai Associates or any of its members to create an attorney-client relationship. This communication is not intended to be a source of advertising and the recipient should always seek the advice of competent counsel licensed to practice in the recipient's country/state.

This is not a Spam mail. You have received this mail because you have either requested for it or someone must have suggested your name. Since India has no anti-spamming law, we refer to the US directive, which states that a mail cannot be considered Spam if it contains the sender's contact information, which this mail does. In case this mail doesn't concern you, please unsubscribe from mailing list.

NDA Connect

Connect with us at events, 
conferences and seminars.