Private equity firm Warburg Pincus has invested USD 75 million in Rivigo. Third such transaction in India’s logistics sector by Warburg Pincus, the investment, claim industry sources, will give it a minority stake in Rivigo. Claimed to be one of the largest equity financing rounds raised by an Indian startup this year, the funds, Deepak Garg, CEO, Rivigo, is known to have said, will be used to upgrade technology and hire skilled manpower. This will help Rivigo to scale up technical manpower, invest in Internet of Things (IoT) and data sciences, and automate. While Rivigo and Warburg Pincus are said to pin their hopes on GST for faster turnaround and a pull-based supply chain, Rivigo, since its inception, is said to have raised USD 41.5 million in a mix of debt and equity from SAIF Partners, a clutch of McKinsey senior executives, Singapore-based mail and logistics solutions provider Singapore Post, and venture debt firm Trifecta Capital.