Shipsy raises US$25 million in Series B to accelerate global expansion, product innovation

Dubai, United Arab Emirates: Shipsy, a leading SaaS-based smart logistics management platform provider, has raised US$25 million in a Series B round co-led by A91 Partners and Z3 Partners along with existing investors Info Edge and Sequoia Capital India’s Surge. The company plans to use the funding to continue growing its stronghold in the Middle East, India and Southeast Asian markets while accelerating global expansion into new markets such as Europe and US. The funding comes in the wake of a performing freight and logistics market in UAE valued at…