AAA Opinio matters with $7m series A

Opinio matters with $7m series A

India-based hyperlocal delivery service Opinio has received $7m of series A capital from e-commerce logistics company Delhivery, growth equity firm Sands Capital and venture capital firm Accel Partners, Iamwire reported yesterday.

Launched in June this year, Opinio offers local businesses such as restaurants, grocers or laundrettes a courier service that serves customers within a 5-7km radius, essentially enabling them to become on-demand service providers.

Opinio raised seed funding from Accel and incubator Tracxn Labs before closing $1.3n of bridge funding from Accel in July 2015.

The company, which operates in the urban centres of Bangalore, Delhi/NCR and Hyderabad, plans to grow a team that already numbers more than 100 by a further 200 in the next six months.

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