Pidge, an India-based logistics technology company, has secured a new growth capital round of $13.6 million. The raise marks a significant milestone in the company’s evolution into a broader supply marketplace serving brands across the country. It comes at a time when India’s logistics sector is racing to digitize fragmented supply chains and push overall delivery costs toward globally competitive levels.
Funding Round Overview
The financing was led by La Vida es Chula (LVEC), the investment firm associated with globally recognized entrepreneur and long-term investor Thomas Meyer. Existing backers also participated in the round, signaling continued confidence in Pidge’s strategy, execution, and path to profitability. Company leaders describe the deal as growth capital that will be deployed with an emphasis on efficiency, sustainability, and disciplined scaling rather than pure top-line expansion.
Technology and Platform
Pidge positions itself as “India’s smartest supply marketplace,” combining an AI-powered logistics engine with a networked marketplace of delivery partners. Its platform supports last-mile logistics for more than 20,000 brands across over 50 cities, orchestrating routes, capacity, and service levels in real time. By embedding intelligence across the stack, the company aims to reduce waste, improve asset utilization, and give both organized and unorganized players digital tools comparable to those of large incumbents.
Growth Trajectory and Financials
The startup reports a tenfold year-on-year increase in business, underpinned by strong margins and what it describes as clear visibility on profitability. Pidge currently operates at an annualized run rate of roughly $28.3 million, illustrating the scale it has already achieved. Management credits this trajectory to a combination of category-defining product development, disciplined operations, and a focus on solving structural supply constraints in the logistics ecosystem.
Strategic Role of LVEC
LVEC’s involvement brings not only capital but also operational experience in building durable consumer and technology businesses at global scale. Thomas Meyer’s investment approach centers on long-horizon value creation, which aligns with Pidge’s insistence on pairing rapid growth with unit-level profitability and robust governance. The company expects this partnership to strengthen its strategic decision-making, sharpen its internationalization plans, and support the institutionalization of its high-performing team.
Expansion Strategy
With fresh capital on hand, Pidge plans to deepen its presence in India by moving more aggressively into tier-2 and tier-3 cities where logistics infrastructure often lags demand. In parallel, the company intends to launch pilot programs in select international markets, testing how its supply marketplace model performs outside its home base. Executives say these efforts are designed to support India’s ambition of achieving single-digit logistics costs by “doing more with less,” particularly through better utilization of the country’s large unorganized logistics sector.
Pidge’s latest fundraise underscores investor belief that technology-driven orchestration can unlock the next phase of efficiency gains in Indian logistics. By pairing AI-led routing and capacity management with an expanding network of supply partners, the company is positioning itself as an enabling layer for brands seeking reliable, cost-effective delivery while crediting customers, network partners, and its team for the progress to date. As it scales into new cities and explores international footholds, Pidge now faces the test of sustaining rapid growth while delivering on its promise of profitable, sustainable logistics.