Bharat Supply

Bengaluru, India Founded: 2015 • Age: 11 yrs Minicorn
Platform offering logistics and supply chain management solutions

About Bharat Supply

Bharat Supply is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2015 by Aditya Khanna, Taranbir Singh, and Alok Duggal. Platform offering logistics and supply chain management solutions. It operates in the Transportation, Automotive & Logistics and Retail sectors. Bharat Supply has raised $11.32 million across 6 funding rounds from investors including Basix, Standard Industries and Australian Executor Trustees. The company has 309 employees. Bharat Supply was last valued at $30.9 million in June 2021. Its chief executive, as recorded, is Taranbir Singh. Its focus areas include E-Commerce Enablers, Operations Management, Logistics Management and End to End Delivery Services. Its competitors include Delhivery, XpressBees and Shadowfax; 3 of its 3 listed competitors have raised funding.

Company details

Bharat Supply was established in 2015 in Bengaluru, India, within the logistics sector. Freight forwarding, warehousing, and customs clearance services are facilitated through the platform. First-mile, middle-mile, and last-mile delivery operations are managed to support supply chain needs across various geographies. The company is led by co-founders including Taranbir Singh as CEO and Alok Duggal as COO.

  • Headquarters Bengaluru, India
  • Employees 309
  • Founders Aditya Khanna, Taranbir Singh, Alok Duggal
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Retail
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website bscxpress.com
  • Social X Facebook
Key Metrics
  • Annual Revenue
    $3.52 M (USD)
    29
    as on Mar 31, 2024
  • Net Profit
    -$1.91 M (USD)
    -271
    as on Mar 31, 2022
  • EBITDA
    -$780.35 K (USD)
    -27
    as on Mar 31, 2024
  • Total Equity Funding
    $11.32M (USD)

    in 6 rounds

  • Investors
    Basix

    & 14 more

  • Employee Count
    309

Funding Insights of Bharat Supply

Bharat Supply has successfully raised a total of $11.32M across 6 strategic funding rounds. 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 $11.32M
  • Total Rounds 6
  • First Round $5.33M

    (Mar 2015)

  • Investors Count 15

All 6 funding rounds of Bharat Supply with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2022Series B––
Jun 2021$12,183Angel Round$30.9M–
Aug 2020$91,491Series B$37.46M–
May 2018$4.89MSeries B$β€’β€’β€’β€’β€’Standard Industries, Marine Container Services
Nov 2016$1MSeries A$β€’β€’β€’β€’β€’Aavishkaar Capital
Mar 2015$5.33MSeries A$β€’β€’β€’β€’β€’Aavishkaar Capital
Valuation history
DateValuationStage
Jun 2021$30.9Mβ€’β€’β€’β€’β€’β€’β€’β€’
Aug 2020$37.46Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Nov 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Mar 2015$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Bharat Supply

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Last known valuation $30.9M (Jun 2021). 15 investors in total: 7 institutional and 8 angel.

Investors in Bharat Supply

Bharat Supply has secured backing from 15 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Basix, Standard Industries and Australian Executor Trustees.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investment funding and strategic guidance are provided by Auxano.
auxano.inGurugram, India
Venture capital firm
aavishkaarcapital.inMumbai, India
Private label home textiles and women's wear are manufactured offline.
1892standardindustries.coMumbai, India
Offers shipping agency, freight forwarding, and container services in India.
1980marinecontainers.inMumbai, India
Real estate and financial advisory services are provided to clients.
1880aetlimited.com.auAdelaide, Australia
Provider of financial, business, and institutional development services
1996basixindia.comHyderabad, India

Shankar Maruwada

unknown_b0b2147d35d243b9b

Radhika

unknown_1bface20cd8d4d149

Nagaraj Mylandla

Founder of FSS, fintech pioneer, and active angel investor in India.
unknown_f92f6941668947fc9

Ramkishore Ganti

unknown_cfb27c2f7dc1436b9
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Investor details for Bharat Supply

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Board of directors of Bharat Supply

The boards of the 2 registered companies of Bharat Supply currently have 6 directors; the longest-serving is Alok Duggal, appointed in 2022. 21 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Alok Duggal
DIN 09033702
Director25 Feb 20224 yrs 8 moFaarms Global Tech Venture Private Limited
Rajeev Uberoi
DIN 01731829
Director15 May 20233 yrs 5 moFaarms Global Tech Venture Private Limited
Shashvat Rai
DIN 08024265
Nominee Director29 Aug 20233 yrs 2 moConnect India E-Commerce Services Private Limited
Shilpa Maheshwari
DIN 01185480
Nominee Director26 May 20251 yr 5 moConnect India E-Commerce Services Private Limited
Taranbir Singh
DIN 08596415
CEO01 Jun 20251 yr 5 moConnect India E-Commerce Services Private Limited, Faarms Global Tech Venture Private Limited
Towfik Luay Henry Alswaidi
DIN 11152140
Nominee Director30 Jun 20251 yr 4 moConnect India E-Commerce Services Private Limited

People of Bharat Supply

3 people are tracked at Bharat Supply (3 in leadership); the tracked headcount is 309.

NameRoleGroup
Aditya Khanna
Co-FounderLeadership
Co-Founder & CEOLeadership
Co-Founder & COOLeadership
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Financials of Bharat Supply

Figures of Connect India E-Commerce Services Private Limited, the primary company behind Bharat Supply, for FY 2025. Revenue was ₹97.73 Cr (+13% year on year). Net loss was -₹23.26 Cr (-24% margin). EBITDA was -₹21.35 Cr (-22% margin). Revenue has grown at a compounded annual rate of +13% over three years and +12% over five years.

  • ₹97.73 CrRevenue · FY 2025 · +13% YoY
  • -₹23.26 CrNet loss · -24% margin
  • -₹21.35 CrEBITDA · -22% margin
  • ₹6.70 CrPaid-up capital
  • 168Employees (provident fund records)
  • +13%Revenue CAGR, 3 years
  • +12%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Connect India E-Commerce Services Private Limited are on its company page.

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Timeline of Bharat Supply

4 dated milestones of Bharat Supply across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Bharat Supply is founded.
  2. Funding First funding round of $5.3M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series B,.

Competitors of Bharat Supply

Bharat Supply has 3 listed competitors in our database, 3 of them funded. They include Delhivery, XpressBees and Shadowfax.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
delhivery.com2011Gurugram, India$1.25B24,439
Integrated logistics services including parcel delivery and warehousing are provided.
xpressbees.com2015Pune, India$355.69M26
End-to-end logistics delivery and courier solutions are provided.
shadowfax.in2015Bengaluru, India$246.8M3,562
Express delivery logistics solutions are provided for businesses and individuals.
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Detailed competitors of Bharat Supply

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Web traffic of Bharat Supply

The website of Bharat Supply (bscxpress.com) receives about 2.1K visits a month.

  • Monthly visits
    2.1K

    ▲ 48.1% vs previous month

Top companies in Logistics Technology & Platforms

3 companies that operate in the same segment as Bharat Supply (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.54 BUSD 2.51 B4,488
Integrated logistics services including parcel delivery and warehousing are provided.
2011Gurugram, Haryana, IndiaUSD 1.56 BUSD 1.12 B23,536
E-commerce tools for shipping, marketing, and financial services are provided.
2012Gurugram, Haryana, IndiaUSD 321.57 MUSD 135.47 M915
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Related news about Bharat Supply

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Frequently Asked Questions about Bharat Supply

Bharat Supply was founded in 2015.

Bharat Supply is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Taranbir Singh is the CEO of Bharat Supply, as recorded in our data. They have also founded this company.

Bharat Supply is a funded company, having raised a total of $11.32M across 6 funding rounds to date. The company's 1st funding round was a Series A of $5.33M, raised on Mar 2015.

Bharat Supply has 309 employees.

Annual revenue of Bharat Supply is $3.52M as on Mar 31, 2024.

Bharat Supply was established in 2015 in Bengaluru, India, within the logistics sector. Freight forwarding, warehousing, and customs clearance services are facilitated through the platform. First-mile, middle-mile, and last-mile delivery operations are managed to support supply chain needs across various geographies. The company is led by co-founders including Taranbir Singh as CEO and Alok Duggal as COO.

Bharat Supply's top competitors include Delhivery, Shadowfax and XpressBees.

Bharat Supply has 15 investors. Key investors include Basix, Standard Industries, Australian Executor Trustees, Marine Container Services, and Auxano.

The valuation of Bharat Supply is $30.9M as of Jun 2021.

Bharat Supply is associated with 2 legal entities: Connect India E-Commerce Services Private Limited, Faarms Global Tech Venture Private Limited.

The legal entities of Bharat Supply currently have 7 directors, including Shilpa Maheshwari, Shashvat Rai, Taranbir Singh and others.

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