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.
Why it matters
It demonstrates an innovative approach to micro-logistics by leveraging existing travel routes to create a zero-emission, community-driven delivery model.
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.
According to Ms. Visruthi, Bringgg has so far operated as a community-driven micro logistics and fulfilment platform connecting travellers with people seeking to send or receive goods. With the fresh investment, the company plans to launch Bringgg Care, Bringgg Ticketing, Bringgg AMA (Ask Me Anything) and Bringgg Cargo.
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