Vertices, JSA act on Aavishkaar 40 crore investment in GoBOLT

Bar & Bench October 5 2018
GoBOLT

Impact fund advisory, Aavishkaar, has invested Rs. 40 crore in GoBOLT.

The raised funds will be primarily used to strengthen its team, expand its presence across India, increase its fleet size, further develop its technology platform and also foray into allied business segments, reported ET.

Incorporated in 2015, GoBOLT is a Camions Logistics Solutions Pvt. Ltd., a technology-enabled surface transportation company.

Vertices Partners advised Aavishkaar and the team was led by Managing Partner Vinayak Burman.

J. Sagar Associates acted for GoBOLT and the team included Partner Pallavi Puri along with Associate Akshay Bhagchandani.

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