2019 List of Top Logistics Startups in India

The logistics industry is the backbone of an economy. The growth of e-commerce websites in India enabled startups dealing in logistics to scale up their business and tap into other areas along with the help of technology. This allowed them to solidify the existing supply chain solutions and fill the gaps in the otherwise fragmented and unorganized Indian logistics industry. The current value of Indian Logistic sector is $160 Billion. With the current growth rate, the Indian logistics industry can reach $215 billion by 2020. As per a 2018 report, India's LPI(Logistics Performance Index) rank is 44. So, here is a list of the top Indian logistics startups as of 2019, that are helping to raise India's rank while they flourish.

Delhivery
BlackBuck
Rivigo
Edgistify
ShiftKarado
4TiGO
Shadowfax
Locus
LetsTransport
Qikpod
FreightBro

Delhivery

Founders: Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua, and Suraj Saharan

Location: Gurgaon

Year Founded: 2011

Delhivery Logo | Logistics Startups in India

Founded in 2011, Delhivery is one of India's leading supply chain services. It envisions becoming the operating system for commerce in India. It is one of the most used e-commerce logistic startup which is used by many companies. According to its official website, Delhivery has successfully fulfilled over 340 million orders for more than 50 million households across India. Moreover, the venture brings unparalleled cost efficiency and pan-India reach to the businesses of over 100,000 customers and over 15 million consumers every month. The startup raised a total of $652 million over 5 rounds of funding. The latest round of funding was on March 6, 2019.

BlackBuck

Founders: Chanakya Hridaya, Rajesh Yabaji, and Ramasubramaniam B

Location: Bangalore

Year Founded: 2015

BlackBuck Logo | Logistics Startups in India

Formed in 2015, BlackBuck has become India's largest trucking network by combining data science and logistic services to make a smart supply chain. It is a pioneer in bringing the offline operations of trucking online. BlackBuck is committed to making life easier for truckers to book a load and move at capacity and for shippers by enabling them access to the right truck, all at the click of a button. It has raised a total of $135 million over 5 rounds of funding. The latest round of funding was on October 8, 2018.

Rivigo

Founders: Deepak Garg and Gazal Kalra

Location: Gurgaon

Year Founded: 2014

Rivigo Logo | Logistics Startups in India

Rivigo is a technology venture building the material movement pipeline of India. While making logistics human, faster, safer and cost-effective through excellence in technology, data, culture and operations, it services multiple industries like e-commerce, automotive, FMCG, and others. Rivigo has raised over $216 million over 6 rounds of funding.

Edgistify

Founders: Kamal Kishore Kumawat, Antim Suman and Umang Shukla

Location: Mumbai

Year Founded: 2016

Edgestify Logo | Logistics Startups in India

Edgistify is a one of its kind tech platform for logistic firms that aids them in designing the entire supply chain for any industry.  As a manufacturer, one needs a reliable warehouse which doesn't cause problems and unnecessary issues both at present and in the future. Edgistify helps you find the best warehouse for you. It verify warehouses by inspecting them and makes the details available on its website. This way you've the required information on your fingertips if purchasing a warehouse interests you! According to its official website, the venture has developed a databank of more than 560 Million Sq. ft. of warehousing space.

ShiftKarado

Founder: Atul Mithal

Location: Gurgaon

Year Founded: 2015

ShiftKarado Logo | Logistics Startups in India

Initiated in 2015 with a focus to resolve the then-prevailing issues in the relocation industry, ShiftKarado is among the leading technology-driven packing and moving services providers in India. It operates in the competitive and unorganized relocation market to simplify the movement process for its customers.

4TiGO

Founders: Vivek Malhotra and Anjani Mandal

Location: Bangalore

Year Founded: 2015

4TiGO Logo | Logistics Startups in India

Founded in 2015, 4TiGO provides a common tech platform along with complementary business services. Its mission is to empower the ever growing goods transportation industry ecosystem through the synergy of technology networking. It has raised a total of $10 million over 1 round of funding. The latest  round of funding was on May 2, 2017.

Shadowfax

Founders: Abhishek Bansal and Vaibhav Khandelwal

Location: Bangalore

Year Founded: 2015

ShadowFax Logo | Logistics Startups in India

Founded in 2015, Shadowfax is one of India’s largest crowd sourced delivery platforms. Its unique app enables delivery of food, pharmacy and e-commerce for businesses and in turn helps them generate customer satisfaction. According to the website, Shadowfax provides services in 150+ cities with over 1,50,000 transactions being processed by it on average everyday. Shadowfax has raised a total of $40 million over 4 rounds of funding. The latest round of funding was on August 22, 2018.

Locus

Founders: Nishith Rastogi and Geet Garg

Location: Bangalore

Year Founded: 2015

Locus Logo | Logistics Startups in India

Founded in 2015, Locus is a machine learning startup focused on simplifying logistics. The logistics startup solves problems such as scheduling, tracking, and managing the on-field fleet in on-demand and hyper-local industry segments using AI. Locus caters to startups, enterprises, and brands across various sectors like grocery, furniture, pharma, and consumer electronics. The startup boasts of serving some of the market leaders such as Quikr, Urban Ladder, Licious, and Lenskart. The startup has raised a total of $4 million over 2 rounds of funding. The latest funding was on June 5, 2018.

LetsTransport

Founders: Ankit Parasher, Pushkar Singh, and Sudarshan Ravi

Location: Bangalore

Year Founded: 2015

LetsTransport Logo | Logistics Startups in India

LetsTransport is an intra-city delivery service provider. Vendors tend to have many clients within their home base and are required to deliver goods to shops and offices within the city. LetsTransport provides logistic service within your city with verified drivers, GPS tracking and 24/7 service. The delivery startup has raised a total of $20 million over 5 rounds of funding.

Qikpod

Founder: Ravi Gururaj

Location: Bangalore

Year Founded: 2015

Qikpod Logo | Logistics Startups in India

Qikpod is a platform that allows you get the delivery of your parcel using its safe and secure lockers. You need to provide the details about your delivery boy to Qikpod and he will deliver the parcel to the Qikpod locker you choose. This turns out to be an extremely safe method as you can unlock the lockers only by an OTP sent on phone. Presently, Qikpod caters only to the people of Bengaluru. It has raised a total of $9 million over 1 round of funding. Business tycoon Ratan Tata is one of their investors!

FreightBro

Founders: Anand Babu, Mohammed Zakkiria. A and Raghavendran Viswanathan

Location: Mumbai

Year Founded: 2016

FreightBro logo | Logistics Startups in India

Founded in 2016, FreightBro aims to provide intuitive solutions which work at the touch of a button. In today's world that's dominated by technology, doing business offline is an inefficient way of functioning. FreightBro provides you with high-tech solutions to speed up your day-to-day business activities so that you only focus on the core business. They also guide you, going beyond the role of a service provider. A true business partner indeed!

Also read: List of successful startups in Mumbai

Do you know about any other logistics startup in India? Please let us know in the comments.

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About Shubham Kumar

Founder @StartupTalky. IIT KGP grad. Learner. Dedicated to the service of the startup Ecosystem. Love meeting people. Let's connect - [email protected]
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