Digital freight brokerage platform Lobb, backed by 3one4 Capital, has raised $2.9 million from HNIs, including Rajesh Voddiraju and Sharada Nandakumar. With this latest round, Lobb has now raised a total of $4.4 million. Lobb has become India’s fastest-growing digital freight brokerage platform, connecting truckers and transporters across the nation. Currently working with 1200 logistics companies and over 5000 fleet owners, Lobb manages a fleet of 30,000+ trucks in 22 cities. Lobb is profitable and on track to achieve 500 crores in revenue within the next two years. The new funds will be used to scale operations and expand into 50+ geographies, targeting 500+ high-density routes. Our technology enhancements will focus on integrating GenAI, ML, and Big Data to improve our fulfillment ratio.