Third-party logistics collaborative delivery platform OneInFitech closes Series A round

OneInFitech, a third-party logistics collaborative delivery platform, has completed its Series A financing round, raising 100 million yuan. This round of financing was led by Genesis Capital, Future Capital also participated. Huaxing Capital served as the sole financial advisor.

OneInFitech, a third-party logistics collaborative delivery platform, has completed its Series A financing round, raising 100 million yuan. This round of financing was led by Genesis Capital, Future Capital also participated. China Renaissance served as the sole financial advisor.

Most of the proceeds will be used for product development, followed by logistics capacity resource integration, client development and team building.

Previously, OneInFitech had secured an Angel round led by Easter Bell Venture Capital and GLP; Pre A round led by China Merchants Venture Capital and co-invested by Sinovation Ventures and Future Capital.

In August 2019, OneInFitech went live online and was positioned to provide end-to-end digital order, customer, and capacity management services for the third-party logistics companies, and ultimately serve the cargo owner companies together. The third-party logistics enterprise is a logistics service provider between the buyer enterprise and the seller enterprise.

To date, OneInFitech focuses on the four major industries of automotive, medical, FMCG and electronics, and serves the cargo owner with third-party logistics companies.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/11/third-party-logistics-collaborative-delivery-platform-oneinfitech-closes-series-a-round/.

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