Microsoft Ventures, Honeywell in talks to invest $40 million in software startup FarEye

Logistics startup FarEye is in talks to raise $40 million led by strategic and financial investors, New investors might include Microsoft Ventures, Honeywell Ventures & Eight Roads Ventures

FarEye gives logistics real-time visibility & predictive intelligence to ensure on-time deliveries using mobility, data analytics and automation. Thus, helps firms track, collaborate, predict and optimise the movement of goods.

Its clients include Blue Dart,First Flight, Tata Steel Ltd., Landmark Group, It generates 70% of its revenue from DHL International GmbH, Amway Corp. Walmart Inc.

11 views0 comments
  • Amazon Social Icon
  • Facebook Social Icon
  • LinkedIn Social Icon
  • Twitter Social Icon
  • Instagram

© 2021 by StartupNews. Proudly created in India