About 72 Networks
72 Networks is a company based in Gurugram (India) founded in 2014 by Srinivas Lingamuthu and Gagan Chadha. 72 Networks has raised $511.1 thousand across 1 funding round from investors including Vishal Malhotra, Amit Bhushan Sharma and Prashant Kumar Singhal. The company has 24 employees as of April 09, 2024. 72 Networks operates in a competitive market with competitors including Delhivery, Shadowfax, XpressBees, LetsTransport and FarEye, among others.
- Headquarter Gurugram, India
- Employees 24 as on 09 Apr, 2024
- Founders Srinivas Lingamuthu, Gagan Chadha
- Stage Minicorn
-
Sectors
TechnologyRetail Transportation, Automotive & Logistics
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name 72 Networks Private Limited
- Date of Incorporation 09 Apr, 2015
- Jurisdiction Gurgaon, Haryana, India
-
Annual Revenue
$5.55 M (USD)-41.16as on Mar 31, 2023
-
Net Profit
$24.42 K (USD)-22.21as on Mar 31, 2023
-
EBITDA
$157.64 K (USD)28.06as on Mar 31, 2023
-
Total Equity Funding
$511.1 K (USD)
in 1 rounds
-
Latest Funding Round
$511.1 K (USD), Angel Round
Aug 23, 2021
-
Investors
& 9 more
-
Employee Count
24
as on Apr 09, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of 72 Networks
72 Networks has successfully raised a total of $511.1K through 1 strategic funding round. The most recent funding activity was a Angel Round of $511.1 thousand completed in August 2021. 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.
Investors in 72 Networks
72 Networks has secured backing from 10 investors, including angel investors. Prominent investors backing the company include Vishal Malhotra, Amit Bhushan Sharma and Prashant Kumar Singhal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
VM
Vishal Malhotra |
-
|
Locked | Locked | Locked |
|
AB
Amit Bhushan Sharma |
-
|
Locked | Locked | Locked |
|
PK
Prashant Kumar Singhal |
-
|
Locked | Locked | Locked |
Investor details for 72 Networks
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by 72 Networks
Investment portfolio details for 72 Networks
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - 72 Networks
Detailed financials for 72 Networks
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
72 Networks Comparisons
Peer comparison for 72 Networks
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of 72 Networks
72 Networks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Delhivery, Shadowfax, XpressBees, LetsTransport and FarEye, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Integrated logistics services including parcel delivery and warehousing are provided.
|
|
| Locked | Locked | Locked |
Express delivery logistics solutions are provided for businesses and individuals.
|
|
| Locked | Locked | Locked |
End-to-end logistics delivery and courier solutions are provided.
|
|
| Locked | Locked | Locked |
Platform offering customised logistic solutions to enterprises
|
|
| Locked | Locked | Locked |
Last-mile delivery operations are managed through SaaS and AI solutions.
|
|
| Locked | Locked | Locked |
End-to-end distribution and logistics solutions are provided across industries.
|
Detailed competitors of 72 Networks
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on 72 Networks
Complete news archive for 72 Networks
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about 72 Networks
72 Networks was founded in 2014 and raised its 1st funding round 7 years after it was founded.
72 Networks is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
72 Networks is a funded company, having raised a total of $511.1K across 1 funding round to date.
As of Apr 09, 2024, the latest employee count at 72 Networks is 24.
Annual revenue of 72 Networks is $5.55M as on Mar 31, 2023.
Founded in 2014 and headquartered in Gurugram, India, web-based solutions for last-mile logistics are offered by 72 Networks. Distribution channels are monitored, supply chain tracking is enabled, and product delivery processes are handled through the platform. CRM functionalities are integrated to support organizational operations in the logistics sector, focusing on efficient end-to-end management.
72 Networks's top competitors include Delhivery, Shadowfax and XpressBees.
72 Networks has 10 investors. Key investors include Vishal Malhotra, Amit Bhushan Sharma, Prashant Kumar Singhal, Sanjay Kumar, and Himanshu Bhatia.
The valuation of 72 Networks is $6.75M as of Aug 2021.