Know all about Nandan Nilekani’s next investment in the startup space

First mobile payments startup Mubble, then mobile publishing startup Juggernaut and now trucking and logitsics startup Fortigo, Infosys cofounder and former UIDAI chairman Nandan Nilekani is in a spree of backing early stage ventures, backing four such ventures in this year alone.

Fortigo will soon be launched by technology industry executives Vivek Malhotra and Anjani Mandal.

Besides Nilekani, Fortigo is also currently in talks to rope in other investors, including Accel Partners, industry sources told ET. Fortigo is currently in talks to raise close to $2 million in seed funding.

"What Fortigo will attempt to do is solve fundamental challenges in the trucking and logistics space — the idea is to improve the quality of transportation services to businesses," said the sources.

Fortigo is attempting to address challenges in the trucking and logistics space with new technology. It would help truck owners to manage and track their inventory more efficiently and at lower costs.
(Image credits: Indiatimes)