Technology-led, new-age logistics player Camions Logistics Solutions (GoBOLT), has raised $20 million in its Series B round led by Paragon Partners Growth Fund II (Paragon Partners) and existing investor Aavishkaar Capital.
GoBolt is an end-to-end (E2E) logistics solutions provider that gives line haul express solutions to the ecommerce and non-ecommerce industry.
Khaitan & Co represented GoBOLT with a team led by Partners Vineet Shingal and Tanushree Bhuwalka along with Senior Associate Amit Dwivedi and Associate Mahima Narsaria.
Shardul Amarchand Mangaldas & Co. represented Paragon Partners with a team led by Partners Jamshed Bhumgara and Navruz Vakil along with Senior Associate Akshat Srivastava and Associate Trainee Alena Advani.
Vertices Partners represented Aavishkaar Bharat Fund. The team was led by Founder Partner Archana Khosla Burman along with Associate Partner Vishal Mehta and Associate Managers, Paul Albert and Anushree Pathak.
Managing Partner Vinayak Burman provided strategic inputs on the transaction.
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