Rivigo Services Receives $75m Investment from Warburg Pincus

rivigoRivigo Services, a Gurgaon, India-based surface transport logistics provider, received a $75m minority investment.

Private equity Warburg Pincus made the investment.

The company will use the funds to continue to further enhance its network of processing centers and pit stops across India, and to grow its track fleet to about 5,000 units over the next year.

Founded in 2014 by Deepak Garg, CEO, and Gazal Kalra, Rivigo Services is a tech-enabled logistics company that serves sectors including ecommerce, frozen food, dairy, automotive and pharmaceuticals among others.
It currently operates currently about 1,500 vehicles, and employs about 3,000 drivers.



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