logistics startup

Express logistics and supply chain solutions startup Oxyzen Express said it has raised $3 million, or Rs 25 crore, in the second tranche of its seed capital funding round. The company said the fundraise happened through the course of the current financial year with Tamil Nadu Emerging Sector Seed Fund (TNESSF, a SEBI registered AIF managed by Tamil Nadu Infrastructure Fund Management Corporation Limited) and SNAM Group of Companies (a manufacturing conglomerate in alloys and abrasives) as lead investors. A host of other…

Dave Clark, the Amazon.com Inc executive who built a delivery arm to rival major cargo companies, will join logistics technology startup Flexport as chief executive in September, he said in a LinkedIn post. Amazon announced last week that Clark planned to leave his role as CEO of its worldwide consumer business on July 1. The move will place Clark at the helm of a company vying to become one of the biggest supply-chain and logistics platforms globally, a mantle not unlike the one held by Amazon. Both Flexport and Amazon…