India, April 24 -- Trucking aggregator startup LetsTransport has raised $22 Mn (around INR 183 Cr) as a part of its Series E funding round led by its existing investor Bertelsmann India Investments.

The round also saw participation from Rebright Partners, NB Ventures, ALES Global, Stride Ventures and CAC Capital, among others.

Last week, Inc42 was the first to report that LetsTransport would be raising $13.5 Mn in a mix of equity and debt infusion from Bertelsmann.

The company plans to deploy the fresh proceeds to boost its growth and goals to aggregate India's 10 Mn+ fragmented truckers. Besides, the funds will also be used to expand market presence, scaling up profitability goals and fuelling its suite of logistics services.

LetsTra...