Logistics startup Smart Express bags INR 100 Cr from IIFL


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Mumbai-headquartered Indian logistics start-up Smart Express has raised a seed round worth INR 100 Cr led by IIFL India Private Equity Fund and Smiti Holding & Trading Company (Jalaj Dani family office). Promoter and founder of Smart Express Yogesh Dhingra along with other co-founders have also participated in this round. Investment is expected to happen in two tranches over the next 2 years.