India, Sept. 13 -- Distribution and logistics startup Ripplr has raised INR 200.3 Cr (about $22.6 Mn) from its existing investors. The round was led by Sojitz Corporation, and saw participation from 3one4 Capital and Trifecta Capital.

According to the startup's MCA filings, Ripplr allotted 3.1 Lakh Series C1 CCPS shares to Sojitz Corporation at an issue price of INR 6,119 apiece, aggregating to INR 191.6 Cr.

Sojitz Corporation is a Tokyo-based general trading company which is involved in manufacturing and distribution of various products and goods. The company operates in various industries such as aerospace, automotive, infrastructure development, energy solutions and retail services.

Earlier this year, Sojitz also invested in IOC GPS...