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TempoGO has raised $825,000 in seed round

TempoGO, which is an Internet of Things (IoT) and SaaS for commercial transportation, has raised USD 825,000 in seed funding that is led by K2 Capital of Hong Kong.

It has said in a statement that over the last 12 months, TemepoGo solutions has been used or over 1,800 inter-city trips in India covering 6.5 lakh kms for 300 clients including Bisleri, Blue Dart, Oyo Rooms and Havells.

Pranav Shirke, co-founder and COO at TempoGO has said that “With the second largest road network in the world, India has over 8 million commercial transportation vehicles that drive across the length of 4.7 million kms of roads. But unbelievably, nearly 75 percent of these do not yet leverage technology.”

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