4TiGO

Bengaluru, India Founded: 2015 • Age: 11 yrs Minicorn
Operates an online marketplace for truck-based freight transportation services.

About 4TiGO

4TiGO was a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2015 by Anjani Mandal and Vivek Malhotra. It operates an online marketplace for truck-based freight transportation services. It operates on a B2B model. 4TiGO has raised $23.49 million across 5 funding rounds from investors including Accel, Pratithi Investments and Venkatram Krishnan. The company has 3 employees. 4TiGO was last valued at $61.9 million in June 2020. The company is recorded as dissolved. Its focus areas include Transportation, Logistics, Freight Transportation and Online Marketplace. Its competitors include BlackBuck, Vahak and Celcius; 3 of its 3 listed competitors have raised funding.

Company details

4TiGO operates with a B2B model, focusing on providing transportation services, streamlining logistics processes, freight transportation, and online marketplace. Operates an online marketplace for truck-based freight transportation services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

  • Headquarters Bengaluru, India
  • Employees 3
  • Founders Anjani Mandal, Vivek Malhotra
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Website 4tigo.com
Key Metrics
  • Annual Revenue
    $10.66 M (USD)
    as on Mar 31, 2022
  • Total Equity Funding
    $23.49M (USD)

    in 5 rounds

  • Latest Funding Round
    $2.91M (USD), Series B

    Jun 2020

  • Investors
    Accel

    & 13 more

  • Employee Count
    3

Funding Insights of 4TiGO

4TiGO has successfully raised a total of $23.49M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $2.91 million completed in June 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $23.49M
  • Total Rounds 5
  • Last Round Series B β€” $2.91M
  • First Round $1.97M

    (Oct 2015)

  • Investors Count 14

All 5 funding rounds of 4TiGO with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2020$2.91MSeries B$61.9MAccel, Pratithi Investment
Apr 2019$2.53MSeries A$45.55MAccel
May 2018$5.78MSeries A$β€’β€’β€’β€’β€’NRJN Family Trust, Accel
–
Feb 2017$10.3MSeries A$β€’β€’β€’β€’β€’Accel
Oct 2015$1.97MSeed$β€’β€’β€’β€’β€’Accel
Valuation history
DateValuationStage
Jun 2020$61.9Mβ€’β€’β€’β€’β€’β€’β€’β€’
Apr 2019$45.55Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Feb 2017$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Oct 2015$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of 4TiGO

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Last known valuation $61.9M (Jun 2020). 14 investors in total: 5 institutional and 9 angel.

Investors in 4TiGO

4TiGO has secured backing from 14 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Accel, Pratithi Investments and Venkatram Krishnan.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Accel is recognized as a leading venture capital firm.
1983accel.comPalo Alto, United States
Venture capital firm focused on multiple sectors
nrjnfamilytrust.tcc.modeBengaluru, India
Private investment arm of Kris Gopalakrishnan Family Office.
2014pratithi.comBengaluru, India
Venture capital firm focused on multiple sectors
pratithiinvestment.tcc.modeMumbai, India
malhotrafamilytrust.tcc.mode

Venkatram Krishnan

Angel investor, ex-entrepreneur, focused on early-stage Indian startups
unknown_094c5b61ce7d4c518

Vidya Mandal

unknown_0e8c24f12d7b4140a

Vidya Mandal

unknown_2d96c1f869ec41caa

Venkatram Krishnan

unknown_49e53ed59ffe4d1eb

Vidya Mandal

unknown_236d0784c45c49278
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Investor details for 4TiGO

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Board of directors of 4TiGO

The boards of the 2 registered companies of 4TiGO currently have 4 directors; the longest-serving is Vivek Malhotra, appointed in 2017. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Vivek Malhotra
DIN 03159890
Director17 Mar 20179 yrs 7 moTrucknet Digital Technologies Private Limited
Anjani Mandal
DIN 03351210
Director17 Mar 20179 yrs 7 moTrucknet Digital Technologies Private Limited
Reddappa
DIN 09667972
Director30 Aug 20242 yrs 1 moFortigo Network Logistics Private Limited
Ramakrishnan Sathish
DIN 09557447
Director30 Aug 20242 yrs 1 moFortigo Network Logistics Private Limited

People of 4TiGO

14 people are tracked at 4TiGO (2 in leadership, 12 in team); the tracked headcount is 3.

NameRoleGroup
ex-Co-FounderLeadership
ex-Co-FounderLeadership
Shubham .s
Software EngineerTeam
Karthik R
Finance ManagerTeam
Ravi Patnaik Sekharmantri
Assistant Manager Sales OperationsTeam
Sachin Kumar Sahagal
Software EngineerTeam
Rajesh Krishnan
Operations ManagerTeam
Periyasamy Shanmugam
Senior Software EngineerTeam
Akash Singhal
Key Account ManagerTeam
Mohan Kumar
Executive Accounts (gl)Team
Kuldeep Bhardwaj
Sales ManagerTeam
Arun Shukla
Operations ManagerTeam
Mahender Singh
Area Sales ManagerTeam
Thulasi Bai
Assistant Manager-back OfficeTeam
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Financials of 4TiGO

Figures of Trucknet Digital Technologies Private Limited, the primary company behind 4TiGO, for FY 2022. Revenue was ₹6,232 (-92% year on year). Net loss was -₹9.3 Lakh (-14869% margin). EBITDA was -₹9.1 Lakh (-14581% margin). Revenue has grown at a compounded annual rate of -89% over three years.

  • ₹6,232Revenue · FY 2022 · -92% YoY
  • -₹9.3 LakhNet loss · -14869% margin
  • -₹9.1 LakhEBITDA · -14581% margin
  • ₹1 LakhPaid-up capital
  • -89%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Trucknet Digital Technologies Private Limited are on its company page.

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Timeline of 4TiGO

4 dated milestones of 4TiGO across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded 4TiGO is founded.
  2. Funding First funding round of $2.0M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series B, of $2.9M.

Competitors of 4TiGO

4TiGO has 3 listed competitors in our database, 3 of them funded. They include BlackBuck, Vahak and Celcius.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
blackbuck.com2015Bengaluru, India$358.82M1,545
Fleet operators are connected with truckers through a digital marketplace.
vahak.in2017Bengaluru, India$25.89M174
An app-based marketplace is operated for cargo transportation bookings.
celcius.in2020Navi Mumbai, India$54.49M256
Cold chain logistics solutions are booked through an online platform.
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Detailed competitors of 4TiGO

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Top companies in Trucking

2 companies that operate in the same segment as 4TiGO (Trucking) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Multimodal logistics and supply chain solutions are provided comprehensively.
1958Gurugram, Haryana, IndiaUSD 524.07 M13,460
Integrated supply chain and mobility solutions are provided globally.
2009Mumbai, Maharashtra, IndiaUSD 33.05 MUSD 745.97 M4,100
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Related news about 4Tigo

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Frequently Asked Questions about 4TiGO

4TiGO was founded in 2015.

4TiGO is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

4TiGO is a funded company, having raised a total of $23.49M across 5 funding rounds to date. The company's 1st funding round was a Seed of $1.97M, raised on Oct 2015.

4TiGO has 3 employees.

Annual revenue of 4TiGO is $10.66M as on Mar 31, 2022.

4TiGO operates with a B2B model, focusing on providing transportation services, streamlining logistics processes, freight transportation, and online marketplace. Operates an online marketplace for truck-based freight transportation services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

4TiGO's top competitors include BlackBuck, Celcius and Vahak.

4TiGO has 14 investors. Key investors include Accel, Pratithi Investments, Venkatram Krishnan, Pratithi Investment, and Vidya Mandal.

The valuation of 4TiGO is $61.9M as of Jun 2020.

4TiGO is associated with 2 legal entities: Trucknet Digital Technologies Private Limited, Fortigo Network Logistics Private Limited.

The legal entities of 4TiGO currently have 4 directors, including Vivek Malhotra, Anjani Mandal, Reddappa and others.

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