Cubito Raises 1 Crores In Funding From Sol Primero

Employee transportation startup, Cubito has raised Rs.1cr from Sol Primero.
While Cubito’s flagship product Employee Transportation Automation Tool (ETAT) focuses on Employee Transportation, the technology that has been developed in house is a solution for a wide variety of logistical problems.cubito
This allows Cubito to go after the e-commerce and third party logistics space focusing on the last mile delivery optimization, truck route planning and others. All of these would lead to a much better end-consumer experience and optimisation for businesses.
Cubito is now starting to serve larger corporates like Air India SATS and others.
Post this funding, Presha Paragash of Sol Primero will join the board of Cubito.
Competitors in this space includes Ashwin Mahesh’s Lithium and Qualcomm funded Moveinsync.