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Powerhouse Ventures led a $1.72 million seed funding round for ProcureYard, a B2B commerce platform for raw materials. The round also saw participation from Java Capital, 2am VC, Abhishek Goyal, co-founder of Tracxn, and Rajesh Sawhney, founder of GSF. #ProcureYard #B2B #supplychains #logistics #PowerhouseVentures #Construction

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Multiples Alternate Asset Management (“Multiples”) has acquired a significant minority stake in INSTANT-XP, a leading tech-driven B2B express logistics company in India, according to an official release from Multiples. #Multiples #INSTANTXP #Logistics #MultiplesAlternateAssetManagement #India

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