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# Indian transport logistics startup Vahak secures $14 million in funding
- URL: https://www.techloy.com/indian-transport-logistics-startup-vahak-secures-14-million-in-funding/
- Published: 2022-06-21T12:25:40.000Z
- Updated: 2022-12-08T01:43:35.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Logistics

[Vahak,](https://www.vahak.in/) an India-based road transport logistics firm has secured $14 million in its new funding round from Nexus Venture Partners, Fundamental, iSeed Ventures, Leo Capital, RTP Global, and Titan Capital, at a total of $20.3 million since 2020\. 

- The fund will be used for user acquisition, building out technologies, and adding value to its services to improve its customer base.
- Founded in 2019, Vahak is an online open space marketplace for shippers and transport SMEs to discover and connect with truckers.
- The firm plans to capture 10% of the Indian logistics market and move to 10 million users from 1.5 million next year.