About Air Freight Bazaar
Air Freight Bazaar is a Transportation, Automotive & Logistics company based in Chennai (India) founded in 2015 by Vinay Sethia, and was acquired by Webcargo in April 2019. Air cargo tariff rates are aggregated via an online platform. It operates in the Transportation, Automotive & Logistics and Technology sectors. Its Indian entity Air Freight Bazaar Private Limited reported revenue of ₹12.3 Lakh. Its focus areas include Consumer, Logistics Tech, Freight and Air.
Company details
Founded in 2015 in Chennai, India, Air Freight Bazaar operates as an online platform in the air freight sector. Tariff rates for air cargo are aggregated from carriers, forwarders, and stakeholders for customer access. Flight schedule information, AWB tracking, and flight status updates are also provided through the website, facilitating operations among industry participants.
- Headquarters Chennai, India
- Founders Vinay Sethia
- Stage Acquired
- SectorsTransportation, Automotive & LogisticsTechnology
- Website airfreightbazaar.com
- Social X Facebook
- Acquired by Webcargo (Apr 2019)
- Legal Name Air Freight Bazaar Private Limited
- Date of Incorporation 19 Aug, 2015
- Jurisdiction Chennai, Tamil Nadu, India
Associated legal entities of Air Freight Bazaar
Air Freight Bazaar operates through Air Freight Bazaar Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Air Freight Bazaar Private Limited CIN U93000TN2015PTC101883 | Strike Off | 19 Aug 2015 | Chennai, Tamil Nadu | ₹0.1 Cr | 3 | View details |
Investors in Air Freight Bazaar
Air Freight Bazaar has secured backing from 1 investor. Prominent investors backing the company include Webcargo.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Webcargo is engaged in secure large file delivery services. | webcargo.net | Montreal, Canada |
Investor details for Air Freight Bazaar
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Air Freight Bazaar Private Limited (Air Freight Bazaar)
Air Freight Bazaar Private Limited is the primary company behind Air Freight Bazaar. The board of Air Freight Bazaar Private Limited currently have 3 directors; the longest-serving is Verghese Goerge Jose, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Verghese Goerge Jose DIN 00942436 | Director | 19 Aug 2015 | 11 yrs 2 mo | Air Freight Bazaar Private Limited |
| Vinay Kumar Sethia DIN 02180315 | Director | 19 Aug 2015 | 11 yrs 2 mo | Air Freight Bazaar Private Limited |
| Nivesh Milapchand Jain DIN 07720809 | Additional Director | 01 Feb 2017 | 9 yrs 9 mo | Air Freight Bazaar Private Limited |
People of Air Freight Bazaar
1 people are tracked at Air Freight Bazaar (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Air Freight Bazaar
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Air Freight Bazaar
Figures of Air Freight Bazaar Private Limited, the primary company behind Air Freight Bazaar, for FY 2017. Revenue was ₹12.3 Lakh (+100% year on year). Net loss was -₹39 Lakh (-316% margin). EBITDA was -₹24 Lakh (-195% margin).
- ₹12.3 LakhRevenue · FY 2017 · +100% YoY
- -₹39 LakhNet loss · -316% margin
- -₹24 LakhEBITDA · -195% margin
- ₹45.5 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Air Freight Bazaar Private Limited are on its company page.
Detailed financial statements for Air Freight Bazaar
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Air Freight Bazaar
2 dated milestones of Air Freight Bazaar across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Air Freight Bazaar is founded.
- Exit Acquired by Webcargo.
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as Air Freight Bazaar (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.51 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.56 B | USD 1.12 B | 23,536 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 |
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
Related news about Air Freight Bazaar
Complete news archive for Air Freight Bazaar
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 Air Freight Bazaar
Air Freight Bazaar was founded in 2015.
Air Freight Bazaar is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind Air Freight Bazaar, Air Freight Bazaar Private Limited, reported revenue of ₹12.3 Lakh for FY 2017, up 100% year on year.
Founded in 2015 in Chennai, India, Air Freight Bazaar operates as an online platform in the air freight sector. Tariff rates for air cargo are aggregated from carriers, forwarders, and stakeholders for customer access. Flight schedule information, AWB tracking, and flight status updates are also provided through the website, facilitating operations among industry participants.
Air Freight Bazaar has 1 investor. Key investors include Webcargo.
Air Freight Bazaar operates through Air Freight Bazaar Private Limited.
Yes. Air Freight Bazaar was acquired by Webcargo in April 2019.
The legal entities of Air Freight Bazaar currently have 3 directors, including Verghese Goerge Jose, Vinay Kumar Sethia, Nivesh Milapchand Jain.