
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
- SectorsTransportation, Automotive & LogisticsRetail
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website bscxpress.com
- Social X Facebook
- Annual Revenue$3.52 M (USD)29as on Mar 31, 2024
- Net Profit-$1.91 M (USD)-271as on Mar 31, 2022
- EBITDA-$780.35 K (USD)-27as on Mar 31, 2024
- Total Equity Funding$11.32M (USD)
in 6 rounds
- InvestorsBasix
& 14 more
- Employee Count309
Associated legal entities of Bharat Supply
Bharat Supply is associated with 4 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Faarms Global Tech Venture Private Limited CIN U01100KA2020PTC132251 | Active | 03 Feb 2020 | Bangalore, Karnataka, India | View details | |||
| Connect India E-Commerce Services Private Limited CIN U72200KA2014PTC182282 | Active | 12 Aug 2014 | Bangalore, Karnataka, India | View details | |||
| Connect India E-Commerce Services Private Limited CIN U72200MH2014PTC460993 | Active | 12 Aug 2014 | Mumbai, Maharashtra | ₹97.7 Cr | 168 | 4 | View details |
| Faarms Global Tech Venture Private Limited CIN U01100MH2020PTC469576 | Active | 03 Feb 2020 | Bangalore, Karnataka | ₹15.1 Cr | 82 | 4 | View details |
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.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | Series B | β | β | ||
| Jun 2021 | $12,183 | Angel Round | $30.9M | β | |
| Aug 2020 | $91,491 | Series B | $37.46M | β | |
| May 2018 | $4.89M | Series B | $β’β’β’β’β’ | Standard Industries, Marine Container Services | |
| Nov 2016 | $1M | Series A | $β’β’β’β’β’ | Aavishkaar Capital | |
| Mar 2015 | $5.33M | Series A | $β’β’β’β’β’ | Aavishkaar Capital |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2021 | $30.9M | β’β’β’β’β’β’β’β’ |
| Aug 2020 | $37.46M | β’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’ |
Full valuation and stage history of Bharat Supply
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
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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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment funding and strategic guidance are provided by Auxano. | auxano.in | Gurugram, India | ||
Venture capital firm | aavishkaarcapital.in | Mumbai, India | ||
Private label home textiles and women's wear are manufactured offline. | 1892 | standardindustries.co | Mumbai, India | |
Offers shipping agency, freight forwarding, and container services in India. | 1980 | marinecontainers.in | Mumbai, India | |
Real estate and financial advisory services are provided to clients. | 1880 | aetlimited.com.au | Adelaide, Australia | |
Provider of financial, business, and institutional development services | 1996 | basixindia.com | Hyderabad, India | |
SM Shankar Maruwada | unknown_b0b2147d35d243b9b | |||
R Radhika | unknown_1bface20cd8d4d149 | |||
NM Nagaraj Mylandla | Founder of FSS, fintech pioneer, and active angel investor in India. | unknown_f92f6941668947fc9 | ||
RG Ramkishore Ganti | unknown_cfb27c2f7dc1436b9 |
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Alok Duggal DIN 09033702 | Director | 25 Feb 2022 | 4 yrs 8 mo | Faarms Global Tech Venture Private Limited |
| Rajeev Uberoi DIN 01731829 | Director | 15 May 2023 | 3 yrs 5 mo | Faarms Global Tech Venture Private Limited |
| Shashvat Rai DIN 08024265 | Nominee Director | 29 Aug 2023 | 3 yrs 2 mo | Connect India E-Commerce Services Private Limited |
| Shilpa Maheshwari DIN 01185480 | Nominee Director | 26 May 2025 | 1 yr 5 mo | Connect India E-Commerce Services Private Limited |
| Taranbir Singh DIN 08596415 | CEO | 01 Jun 2025 | 1 yr 5 mo | Connect India E-Commerce Services Private Limited, Faarms Global Tech Venture Private Limited |
| Towfik Luay Henry Alswaidi DIN 11152140 | Nominee Director | 30 Jun 2025 | 1 yr 4 mo | Connect 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.
| Name | Role | Group |
|---|---|---|
Aditya Khanna | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
| Co-Founder & COO | Leadership |
Complete people profiles for Bharat Supply
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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.
Detailed financial statements for Bharat Supply
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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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.
- Founded Bharat Supply is founded.
- Funding First funding round of $5.3M.
- Milestone Reaches Minicorn status.
- 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 Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| delhivery.com | 2011 | Gurugram, India | $1.25B | 24,439 | Integrated logistics services including parcel delivery and warehousing are provided. | |
| xpressbees.com | 2015 | Pune, India | $355.69M | 26 | End-to-end logistics delivery and courier solutions are provided. | |
| shadowfax.in | 2015 | Bengaluru, India | $246.8M | 3,562 | Express delivery logistics solutions are provided for businesses and individuals. |
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 visits2.1K
▲ 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.
| 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 |
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Related news about Bharat Supply
Complete news archive for 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.
