About Allcargo Logistics
Allcargo Logistics is a company based in Mumbai (India) founded in 1993 by Shashi Kiran Shetty.. Allcargo Logistics has raised $18 million across 1 funding round from investors including New Vernon Wealth Management. The company has 557 employees as of March 31, 2024. Allcargo Logistics has completed 3 acquisitions, including ECU Worldwide, Econocaribe Consolidators and fair trade. Allcargo Logistics operates in a competitive market with competitors including DHL, AIT Worldwide Logistics, HHLA, CJ Darcl and J&T Jitu Express, among others.
- Headquarter Mumbai, India
- Employees 557 as on 31 Mar, 2024
- Founders Shashi Kiran Shetty
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Allcargo Logistics Limited
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Annual Revenue
$1.87 B (USD)23.54as on Mar 31, 2024
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Net Profit
$4.16 M (USD)-76.22as on Mar 31, 2024
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EBITDA
$62.62 M (USD)6.34as on Mar 31, 2024
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Total Equity Funding
$18 M (USD)
in 1 rounds
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Latest Funding Round
$18 M (USD), Private Equity Round
Jun 01, 2006
- Investors
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Employee Count
557
as on Mar 31, 2024
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Investments & Acquisitions
ECU Worldwide
& 2 more
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IPO & Listings of Allcargo Logistics
Allcargo Logistics is a publicly listed company on the NSE with ticker symbol ALLCARGO in India, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
18 people
Leadership Team
17 people
Sales and Marketing
12 people
Human Resources and Administration
10 people
Finance and Accounting
9 people
Assistant Team
8 people
Senior Team
6 people
Operations Team
6 people
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Funding Insights of Allcargo Logistics
Allcargo Logistics has successfully raised a total of $18M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $18 million completed in June 2006. 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 Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $18.0M
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First Round
First Round
(01 Jun 2006)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2006 | Amount | Private Equity Round - Allcargo Logistics | Valuation | New Vernon Wealth Management |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Allcargo Logistics
Allcargo Logistics has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include New Vernon Wealth Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Provides personalized wealth management and investment strategies for individuals and institutions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Allcargo Logistics
Allcargo Logistics has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include ECU Worldwide, Econocaribe Consolidators and fair trade. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Air freight and warehousing services are provided to clients.
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2011 | ||||
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Logistics services are provided by Fair Trade in Bremen, Germany.
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1992 | ||||
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NVOCC services for LCL and FCL shipping are provided worldwide.
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1987 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Allcargo Logistics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Allcargo Logistics Comparisons
Competitors of Allcargo Logistics
Allcargo Logistics 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 DHL, AIT Worldwide Logistics, HHLA, CJ Darcl and J&T Jitu Express, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Global logistics service provider
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| domain | founded_year | HQ Location |
Diversified freight forwarding services are provided on a global scale.
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| domain | founded_year | HQ Location |
Port handling, hinterland transport, container, and logistics services are provided.
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| domain | founded_year | HQ Location |
Multi-modal freight forwarding, logistics, and warehousing services are provided.
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| domain | founded_year | HQ Location |
Delivery, multi-modal freight forwarding, and cross-border logistics services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Allcargo Logistics
Frequently Asked Questions about Allcargo Logistics
When was Allcargo Logistics founded?
Allcargo Logistics was founded in 1993 and raised its 1st funding round 13 years after it was founded.
Where is Allcargo Logistics located?
Allcargo Logistics is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Allcargo Logistics?
Shantha Martin is the current CEO of Allcargo Logistics.
Is Allcargo Logistics a funded company?
Allcargo Logistics is a funded company, having raised a total of $18M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $18M, raised on Jun 01, 2006.
How many employees does Allcargo Logistics have?
As of Mar 31, 2024, the latest employee count at Allcargo Logistics is 557.
What is the annual revenue of Allcargo Logistics?
Annual revenue of Allcargo Logistics is $1.87B as on Mar 31, 2024.
What does Allcargo Logistics do?
Allcargo Logistics was founded in 1993 and is headquartered in Mumbai, India. Operations in the logistics sector focus on multi-modal integrated transportation and supply chain solutions. Services encompass freight forwarding across various modes, warehousing facilities, and comprehensive logistics management. These offerings are extended worldwide to support international trade and distribution needs.
Who are the top competitors of Allcargo Logistics?
Allcargo Logistics's top competitors include DHL, CJ Darcl and SEKO Logistics.
Is Allcargo Logistics publicly traded?
Yes, Allcargo Logistics is publicly traded on NSE under the ticker symbol ALLCARGO.
How many acquisitions has Allcargo Logistics made?
Allcargo Logistics has made 3 acquisitions, including ECU Worldwide, Econocaribe Consolidators, and fair trade.
Who are Allcargo Logistics's investors?
Allcargo Logistics has 1 investor. Key investors include New Vernon Wealth Management.
What is Allcargo Logistics's ticker symbol?
The ticker symbol of Allcargo Logistics is ALLCARGO on NSE.
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