Freightify raises $12 million in funding from Sequoia Capital India, others

Singapore headquartered freight rate management SaaS ( software-as-a-service) platform Freightify on Thursday said it raised $12 million in an early stage of funding led by Sequoia Capital India. TMV and Alteria Capital as well as returning investors Blume Ventures, Nordic Eye Venture Capital and Motion Ventures, participated in the funding round which is a mix of equity and debt, the company said in a statement.