About Associated Road Carriers Ltd
Associated Road Carriers Ltd is a company based in Kolkata (India) founded in 1972 by Ramkumar Goel was acquired by TNT in September 2006. It operates as a Managed Services. Associated Road Carriers Ltd has raised $1.55 million across 1 funding round from investors including TNT Express, Gaurav Finance and Arcenterprises. The company has 2,747 employees as of February 07, 2025. Associated Road Carriers Ltd offers products and services including Parcel Services, Full Load & Part Load (LTL), ODC & Project Cargo, and Containerised Services. Associated Road Carriers Ltd operates in a competitive market with competitors including DACHSER, Pristine Logistics & InfraProjects, Inlogistics, Spear Logistics and Frontline Corporation, among others.
- Headquarter Kolkata, India
- Employees 2747 as on 07 Feb, 2025
- Founders Ramkumar Goel
- Stage Minicorn
-
Sectors
Transportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Associated Road Carriers Limited
- Jurisdiction Kolkata, West Bengal, India
-
Annual Revenue
$201.28 M (USD)8.54as on Mar 31, 2024
-
Net Profit
$13.69 M (USD)23.02as on Mar 31, 2024
-
EBITDA
$17.37 M (USD)20.4as on Mar 31, 2024
-
Total Equity Funding
$1.55 M (USD)
in 1 rounds
-
Latest Funding Round
$1.55 M (USD), Unspecified
Nov 15, 2006
-
Investors
TNT Express
& 46 more
-
Employee Count
2747
as on Feb 07, 2025
-
Acquired by
TNT
(Sep 01, 2006)
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
Products & Services of Associated Road Carriers Ltd
Associated Road Carriers Ltd offers a comprehensive portfolio of products and services, including Parcel Services, Full Load & Part Load (LTL), ODC & Project Cargo, and Containerised Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Parcel delivery services are provided across India efficiently.
Full and part load transport services are offered nationwide.
Specialized cargo transport for oversized and project goods.
Container-based transport solutions are provided for secure delivery.
Unlock access to complete
Unlock access to complete
Unlock access to complete
Funding Insights of Associated Road Carriers Ltd
Associated Road Carriers Ltd has successfully raised a total of $1.55M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $1.55 million completed in November 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 Unspecified — $1.5M
-
First Round
First Round
(15 Nov 2006)
- Investors Count 46
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2006 | Amount | Unspecified - Associated Road Carriers Ltd | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Associated Road Carriers Ltd
Associated Road Carriers Ltd has secured backing from 47 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include TNT Express, Gaurav Finance and Arcenterprises. 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 |
|---|---|---|---|---|
|
Private equity firm focused on multiple sectors
|
Founded Year | Domain | Location | |
|
Private equity investments are directed toward multiple sectors.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Associated Road Carriers Ltd
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Associated Road Carriers Ltd
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Associated Road Carriers Ltd Comparisons
Competitors of Associated Road Carriers Ltd
Associated Road Carriers Ltd 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 DACHSER, Pristine Logistics & InfraProjects, Inlogistics, Spear Logistics and Frontline Corporation, 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 |
Road transportation services are provided by DACHSER across multiple regions.
|
|
| domain | founded_year | HQ Location |
Road transportation and freight forwarding services are provided.
|
|
| domain | founded_year | HQ Location |
Full truckload transportation services are provided across India.
|
|
| domain | founded_year | HQ Location |
Provider of contract logistics and road freight forwarding services
|
|
| domain | founded_year | HQ Location |
Provider of integrated logistics and trucking services
|
|
| domain | founded_year | HQ Location |
Road freight forwarding and logistics services are provided across India.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Associated Road Carriers Ltd
Frequently Asked Questions about Associated Road Carriers Ltd
When was Associated Road Carriers Ltd founded?
Associated Road Carriers Ltd was founded in 1972 and raised its 1st funding round 34 years after it was founded.
Where is Associated Road Carriers Ltd located?
Associated Road Carriers Ltd is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Is Associated Road Carriers Ltd a funded company?
Associated Road Carriers Ltd is a funded company, having raised a total of $1.55M across 1 funding round to date. The company's 1st funding round was a Unspecified of $1.55M, raised on Nov 15, 2006.
How many employees does Associated Road Carriers Ltd have?
As of Feb 07, 2025, the latest employee count at Associated Road Carriers Ltd is 2,747.
What is the annual revenue of Associated Road Carriers Ltd?
Annual revenue of Associated Road Carriers Ltd is $201.28M as on Mar 31, 2024.
What does Associated Road Carriers Ltd do?
Associated Road Carriers Ltd is recognized as one of Indias largest surface transport organizations. Comprehensive logistics solutions are offered, including parcel services, full and part load transport, oversized cargo handling, and containerised services. Operations are supported by a vast network covering over 400 cities and 5000 destinations through 580 booking and delivery centres. Ethical practices and customer satisfaction are prioritized in the transportation sector.
Who are the top competitors of Associated Road Carriers Ltd?
Associated Road Carriers Ltd's top competitors include Pristine Logistics & InfraProjects, DACHSER and Inlogistics.
What products or services does Associated Road Carriers Ltd offer?
Associated Road Carriers Ltd offers Parcel Services, Full Load & Part Load (LTL), ODC & Project Cargo, and Containerised Services.
Who are Associated Road Carriers Ltd's investors?
Associated Road Carriers Ltd has 47 investors. Key investors include TNT Express, Gaurav Finance, Arcenterprises, Sgtakshilaenterprises, and Stephenmarketing.
What is Associated Road Carriers Ltd's valuation?
The valuation of Associated Road Carriers Ltd is $21.36M as of Nov 2006.