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Khaitan, Alpha on FarEye buy in Dipper Tech

“RoboticWares Pvt. Ltd, which runs logistics platform FarEye, has acquired freight logistics marketplace Dipper Technologies in a cash and stock transaction, a senior company executive said. Founded by Kushal Nahata, Gautam Kumar and Gaurav Srivastava, FarEye helps logistics firms manage their supply chains and deliveries with its software-as-a-service (SaaS) business model. It gives organizations real-time visibility and predictive intelligence to ensure on-time deliveries using mobility, data analytics and automation,” reported Mint.

Alpha Partners associate partner Kunal Arora and associates Richa Hingle and Shreya Solenkey acted for Dipper Technologies.

Khaitan & Co partner Anand Mehta, senior associates Niharika Mepani and Shreya Mukherjee and associate Kaustubh Rastogi acted for Fareye.

In February 2018, FarEye had raised $9.5m from Deutsche Post DHL Group; Dipper had an angel round in 2016.

2018-11-14


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