Emiza supply chain raises Rs 1 billion in series C

Emiza Supply Chain Services Private Limited, a third-party logistics services provider, has raised Rs 1 billion in its series C round through a mix of primary infusion and secondary transactions in a 50:50 ratio. The series C round was led by Evolvence India and Mirabilis Investment Trust. Mayfield, a venture capital firm, and individual investors exited the company. The company was valued at Rs 4 billion. The proceeds from the funds raised will be utilised to drive innovation, improve technology through automation, and expand to new facilities.