Deepak Chhugani is Founder and CEO at Nuvocargo [1]. He maintains a presence on X (formerly Twitter) at @dchhugani [2].
Insights & ideas
Deepak Chhugani frames entrepreneurship as something absorbed early, growing up among Indian parents in Ecuador and Kenya where he observed family and community businesses, including his father's logistics venture that brought the family to Ecuador, and he treats this exposure as the root of his own ambition [1]. He also credits his investment banking stint at Bank of America Merrill Lynch as formative, describing the extreme hours and intensity as instilling a lasting work ethic and an obsessive attention to detail, while noting that the analytical, spreadsheet-driven mindset of banking left him unprepared for the operational nuances of actually running a company [1].
He emphasizes the outsized role of mentors in career transitions, pointing to entrepreneurs slightly older than him who encouraged him to leave finance despite having no technology background [1]. This led him to found Nuvocargo, a logistics technology company building AI-powered tools for border visibility, tariff management, and a transportation control tower offering freight cost and SKU-level visibility [1].
Experience
- Founder/CEONuvocargoMar 2019 to Present
- InvestorStartups & PEJun 2019 to Present
- Founder/CEOThe LobbyMay 2017 to Dec 2018
- Investment Banking - Latin America M&AMerrill Lynch2014 to 2016
Education
Y Combinator · YCG F21, Growth Program
Y Combinator · YC W18
The London School of Economics and Political Science (LSE) · Economics - Study Abroad2012 - 2012
Media & appearances
- Episode 2: Deepak Chugani - YouTubeYouTube
Deepak Chhugani discusses his background growing up in Ecuador and Kenya with Indian parents, his early career in investment banking at Bank of America Merrill Lynch, and the formative experience of that intense environment. He explains how he transitioned from finance to founding Nuvocargo, a logistics technology company, and details the company's AI-powered solutions including border visibility tools, tariff management features, and a control tower for transportation that provides freight cost and SKU-level visibility.
- How Nuvocargo Shifted To Being AI-Native With Deepak ChhuganiEverything Marketplaces · Jan 4, 2026
- Deepak Chhugani, founder de Nuvocargo: AI, Nearshoring y aranceles, YC, pivot, global mindset y más! | E03Alto · Feb 20, 2025
- Mr Roboto: Logistics and TechnologyNorth Capital Forum · Jan 27, 2025
- Brand New Day: Investing for Success in North America's TomorrowNorth Capital Forum · Dec 18, 2023
- Nuvocargo raises $36.5M in Series B round, Ep 139LatamList Espresso · Jul 4, 2023
- Deepak Chhugani: NuvocargoCreando LatAm · Jul 3, 2023
- A Different Process of Starting Companies and Building a Tech-Enabled Business w/ Deepak Chhugani @ Nuvocargo (EP12)The Hypergrowth Experience · Sep 28, 2022
- Supporting SMBs in Latin AmericaFintech Thought Leaders · Sep 23, 2022
- Supporting SMBs in Latin AmericaFintech Thought Leaders · Sep 23, 2022
- 069. Deepak Chhugani, Nuvocargo | Tips No Tradicionales para Entrar a Y Combinator y Pivotar tu StartupStartupeable: Emprendimiento | Tecnología | Venture Capital · May 18, 2022
- Minka closes a $24M Series A. DeltaX, Waterplan, and Simplee raise seed rounds, Ep 93LatamList Espresso · May 10, 2022
- Cybersecurity startup Strike raises $5.4M in a seed round. Picus Capital opens offices in São Paulo, Ep 92LatamList Espresso · May 3, 2022
- Greatest Hits Episode: Deepak Chhugani, Nuvocargo: Using software to modernize trade between Mexico and USA, Ep 172Crossing Borders with Nathan Lustig · Apr 28, 2022
- #91 - Knowing when to pivot: Deepak Chhugani, NuvocargoLatitud Podcast · Apr 26, 2022
- Deepak Chhugani, Founder and CEO of Nuvocargo, on knowing when your startup is workingThe Juggernaut Interviews: Founders · Feb 15, 2022
- Incode and Clara gain unicorn status. Nuvocargo raises $20.5M for US-Mexico trade, Ep 76LatamList Espresso · Dec 22, 2021
- 023. Deepak Chhugani (Nuvocargo) | Estrategias comerciales y growth para B2BTracción · Jul 6, 2021
- Deepak Chhugani: Nuvocargo raises $12M to modernize US-Mexico trade, Ep 41LatamList Espresso · Apr 14, 2021
- #25: Deepak Chhugani, Founder y CEO de Nuvocargo, ex The Lobby & YCombinator 18’The Network · Nov 23, 2020
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