About BluWheelz
BluWheelz is a company based in Delhi (India) founded in 2022 by Sanjiv Gupta, Chanpreet Singh Sethi, Jaspreet Dhingra, and Sanjeevv Khanna.. BluWheelz has raised $1.62 million across 3 funding rounds from investors including Venture Catalysts, LetsVenture and Z Nation Lab. The company has 1 employees as of April 08, 2024. BluWheelz operates in a competitive market with competitors including Zypp Electric, 3eco, MoEving, Evify and Pickkup, among others.
- Headquarter Delhi, India
- Employees 1 as on 08 Apr, 2024
- Founders Sanjiv Gupta, Chanpreet Singh Sethi, Jaspreet Dhingra, Sanjeevv Khanna
- Stage Minicorn
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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 Bluwheelz Mobility Services Private Limited
- Date of Incorporation 01 Jul, 2022
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$16.09 K (USD)0as on Mar 31, 2023
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Net Profit
$-42.32 K (USD)0as on Mar 31, 2023
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EBITDA
$-44.42 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$1.62 M (USD)
in 3 rounds
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Latest Funding Round
$85.97 K (USD), Angel Round
Sep 12, 2024
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Investors
Venture Catalysts
& 20 more
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Employee Count
1
as on Apr 08, 2024
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Funding Insights of BluWheelz
BluWheelz has successfully raised a total of $1.62M across 3 strategic funding rounds. The most recent funding activity was a Angel Round round of $85.97 thousand completed in September 2024. 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 3
- Last Round Angel Round — $85,971
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First Round
First Round
(04 May 2023)
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Angel Round - BluWheelz | Valuation |
investors |
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| Nov, 2023 | Amount | Seed - BluWheelz | Valuation | Venture Catalysts | |
| May, 2023 | Amount | Seed - BluWheelz | Valuation | Faad Capital |
| 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 BluWheelz
BluWheelz has secured backing from 21 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Venture Catalysts, LetsVenture and Z Nation Lab. 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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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Founded Year | Domain | Location | |
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Angel network focused on early-stage investments
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Founded Year | Domain | Location | |
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Startup accelerator
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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 BluWheelz
| 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 |
Financial Statements - BluWheelz
| 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 |
Bluwheelz Comparisons
Competitors of BluWheelz
BluWheelz 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 Zypp Electric, 3eco, MoEving, Evify and Pickkup, 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 |
Electric vehicles are supplied for last-mile delivery and rental needs.
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| domain | founded_year | HQ Location |
Hyper-local connectivity solutions are delivered for enterprise last-mile fulfillment.
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| domain | founded_year | HQ Location |
Electric mobility solutions are provided for logistics last-mile deliveries.
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| domain | founded_year | HQ Location |
Local deliveries are facilitated through electric vehicles by Evify.
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| domain | founded_year | HQ Location |
End-to-end logistics solutions are delivered using an electric fleet.
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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 Bluwheelz
Frequently Asked Questions about BluWheelz
When was BluWheelz founded?
BluWheelz was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is BluWheelz located?
BluWheelz is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of BluWheelz?
Chanpreet Singh Sethi is the current CEO of BluWheelz. They have also founded this company.
Is BluWheelz a funded company?
BluWheelz is a funded company, having raised a total of $1.62M across 3 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on May 04, 2023.
How many employees does BluWheelz have?
As of Apr 08, 2024, the latest employee count at BluWheelz is 1.
What is the annual revenue of BluWheelz?
Annual revenue of BluWheelz is $16.09K as on Mar 31, 2023.
What does BluWheelz do?
BluWheelz was founded in 2022 in Delhi, India, as a provider of electric vehicle solutions for commercial and logistics mobility. EV fleets are designed and developed for last-mile delivery in sectors such as e-commerce, grocery, FMCG, and general logistics. Technology is offered for route tracking, driver onboarding, and charger networks to support operational efficiency.
Who are the top competitors of BluWheelz?
BluWheelz's top competitors include Zypp Electric, MoEving and Pickkup.
Who are BluWheelz's investors?
BluWheelz has 21 investors. Key investors include Venture Catalysts, LetsVenture, Z Nation Lab, Faad Capital, and Chakra Growth Capital.
What is BluWheelz's valuation?
The valuation of BluWheelz is $49.81M as of Sep 2024.