- NimbusPost, a five-year-old SaaS-focused logistics firm, sees two-fold growth in FY23 with Rs 116 crore in operating income.
- Aside from SaaS fees, the company profits from cost arbitrage and has over 100,000 users and partnerships with 27 logistics and courier companies.
- Following a $3 million investment from XpressBess, NimbusPost plans to raise $20 million this year, buoyed by an average monthly revenue run rate of Rs 300 crore.