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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People of BluWheelz
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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 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.
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.
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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Angel network focused on early-stage investments
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Startup accelerator
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Investor details for BluWheelz
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Investments & Acquisitions by BluWheelz
Investment portfolio details for BluWheelz
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Financial Statements - BluWheelz
Detailed financials for BluWheelz
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Bluwheelz Comparisons
Peer comparison for BluWheelz
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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.
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Electric vehicles are supplied for last-mile delivery and rental needs.
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Hyper-local connectivity solutions are delivered for enterprise last-mile fulfillment.
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Electric mobility solutions are provided for logistics last-mile deliveries.
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Local deliveries are facilitated through electric vehicles by Evify.
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End-to-end logistics solutions are delivered using an electric fleet.
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Detailed competitors of BluWheelz
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Latest news on Bluwheelz
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Frequently Asked Questions about BluWheelz
BluWheelz was founded in 2022 and raised its 1st funding round 1 year after it was founded.
BluWheelz is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Chanpreet Singh Sethi is the current CEO of BluWheelz. They have also founded this company.
BluWheelz is a funded company, having raised a total of $1.62M across 3 funding rounds to date.
As of Apr 08, 2024, the latest employee count at BluWheelz is 1.
Annual revenue of BluWheelz is $16.09K as on Mar 31, 2023.
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.
BluWheelz's top competitors include Zypp Electric, MoEving and Pickkup.
BluWheelz has 21 investors. Key investors include Venture Catalysts, LetsVenture, Z Nation Lab, Faad Capital, and Chakra Growth Capital.
The valuation of BluWheelz is $49.81M as of Sep 2024.