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Deepak Chhugani
Ecuador native, Indian parents, born in Kenya, passionate about startups and real estate
Deepak Chhugani is the Founder and CEO of Nuvocargo, a digital platform that facilitates cross-border trade between the United States and Mexico. He established the company in March 2019 and has since secured over $75 million in venture funding from prominent investors, including Y Combinator and Tiger Global Management.123
Born in Kenya to Indian parents and raised in Ecuador, Chhugani's background in logistics stems from his family's small logistics business. He studied finance in the U.S. and previously worked in investment banking, where he was involved in significant deals in Latin America at Bank of America Merrill Lynch.124
Chhugani has gained recognition for his entrepreneurial efforts, being named in Forbes' 30 Under 30 list for North America in 2023, highlighting his impact in the enterprise technology sector.4 Nuvocargo stands out as the first startup focused on digitizing logistics for the U.S.-Mexico trade corridor, addressing challenges such as language barriers and regulatory complexities.34
