Mumbai-based e-commerce logistics startup Wow Express has raised series A funding of $4.5 Million from its existing investor Tamarind Family Private Trust, the investment arm of the Mansukhani Family, which is a co-promoter of consumer electronics brand Onida. According to various media reports, the company plans to use the capital to expand its geographical presence, strengthen its technology and hire senior management executives. Founded in January 2015 by Sandeep Padoshi, Mazhar Faruqi and Jayesh Kamat, the platform provides logistics solutions to e-commerce players, with features like reverse logistics, real-time updates etc. The company has about 70 distribution centres across Mumbai, Delhi, Hyderabad, Bangalore, Chennai, Bihar, Gujrat amongst others. Wow's clients include e-commerce players like Nykaa, Limeroad, Rediff, Ziwame, Romwe, Shein etc. Besides e-commerce shipping, Wow Express has also forayed into health and diagnostics delivery operations where it delivers blood samples and bodily…
