Supply chain startup Wiz Freight raises $15 million in Series B round

Wiz Freight, a supply chain startup, has raised Rs 1.25 billion (approximately $15 million) in a Series B funding round led by Japan-based SBI Investment. Other participants included Tiger Global, Nippon Express Holdings, Axilor Technology Fund, Foundamental, Arali Ventures, Unikon Shipping Ventures and a few family offices. The company plans to grow its global operations in Southeast Asia, the Middle East and the US with the new investment and further enhance its technology-driven logistics solutions.