About Borzo
Borzo is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 2016 by Mike Alexandrovski. It operates as an intra-city courier services are booked via an online marketplace platform. Borzo has raised $55.05 million across 5 funding rounds from investors including Mubadala, FJ Labs and VNV Global. The company has 146 employees. Borzo has completed 1 acquisition, including Now Bike. Its chief executive is Mike Alexandrovski. Its website borzodelivery.com draws about 377 thousand monthly visits. Its Indian entity Wefast India Private Limited reported revenue of ₹46.80 Cr. Borzo offers products and services including Intra-City Delivery Service. Its focus areas include Consumer, Logistics Tech, Parcel and Courier Services. Its competitors include FastBeetle, BookMyPacket, Hipship, Sendd and Coreyo and 2 more; 5 of its 7 listed competitors have raised funding.
Company details
The company was founded in 2016 in Mumbai, India, and operates in the logistics sector as an online marketplace for courier bookings. Intra-city delivery services are provided to businesses and individuals, including real-time tracking and multi-point options. Normal and scheduled deliveries are handled for documents, flowers, products, and other items. The platform is accessible through Android and iOS applications.
- Headquarters Mumbai, India
- Employees 146
- Founders Mike Alexandrovski
- SectorsTransportation, Automotive & Logistics
- Website category Business and Consumer Services · Shipping and Logistics
- Email••••••••
- Phone•••• ••••
- Website borzodelivery.com
- Social LinkedIn X Facebook
- Legal Name Wefast India Private Limited
- Date of Incorporation 04 Aug, 2016
- Jurisdiction Delhi, India
Associated legal entities of Borzo
Borzo operates through Wefast India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Wefast India Private Limited CIN U74999DL2016FTC303981 | Active | 04 Aug 2016 | Delhi, Delhi | ₹46.8 Cr | 146 | 3 | View details |
Products & Services of Borzo
Borzo offers a comprehensive portfolio of products and services, including Intra-City Delivery Service.
Enables quick ordering and fast delivery for businesses and individuals.
Apps and channels of Borzo
Borzo publishes 2 mobile apps with over 1M+ downloads.
Funding Insights of Borzo
Borzo has successfully raised a total of $55.05M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $35 million completed in August 2021. 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 $55.05M
- Total Rounds 5
- Last Round Series C — $35M
- First Round $800,000
(Oct 2016)
- Investors Count 6
All 5 funding rounds of Borzo 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 |
|---|---|---|---|---|---|
| Aug 2021 | $35M | Series C | – | Mubadala | |
| Aug 2019 | $15M | Series B | – | VNV Global | |
| Sep 2018 | $2M | Series A | – | – | |
| Aug 2017 | $2.25M | Series A | – | – | |
| Oct 2016 | $800,000 | Seed | – | – | – |
6 investors in total: 6 institutional.
Investors in Borzo
Borzo has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Mubadala, FJ Labs and VNV Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in tech startups are managed by VNV Global. | 1996 | vnv.global | Stockholm, Sweden | |
Flashpoint is recognized as a technology investment firm. | – | flashpointvc.com | Riga, Latvia | |
Sovereign wealth fund backed by Russian goverment and private equity firm focused on growth equities | – | rdif.ru | Moscow, Russia | |
Tech companies in Russia are funded by AddVenture VC firm. | – | addventure.vc | Moscow, Russia | |
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors | 2007 | fjlabs.com | New York, United States | |
Sovereign wealth fund of United Arab Emirates | 2002 | mubadala.com | Abu Dhabi, United Arab Emirates |
Investor details for Borzo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Board of directors of Wefast India Private Limited (Borzo)
Wefast India Private Limited is the primary company behind Borzo. The board of Wefast India Private Limited currently have 2 directors; the longest-serving is Rahul Dhiraj Dharod, appointed in 2023. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rahul Dhiraj Dharod DIN 10204577 | Director | 23 Jun 2023 | 3 yrs 3 mo | Wefast India Private Limited |
| Mikhail Alexandrovskiy DIN 09432758 | Director | 15 Apr 2024 | 2 yrs 6 mo | Wefast India Private Limited |
People of Borzo
22 people are tracked at Borzo (12 in leadership, 10 in team); the tracked headcount is 146.
| Name | Role | Group |
|---|---|---|
Mike Alexandrovski | Founder | Leadership |
Rami Saab | CEO | Leadership |
Slava Losev | Human Resources Director | Leadership |
Jayesh Jeswani | General Manager | Leadership |
Philip Kostin | Head Of Marketing | Leadership |
Kirill Romanovskiy | Financial Director | Leadership |
Everton da Silva Paula | Director Of Operations | Leadership |
Viktoria Markova | Global Head Of Product Operations | Leadership |
Vladimir Piskunov | VP Of Product | Leadership |
Aleks Shamis | Advisor To Chief Executive Officer | Leadership |
Maria Demina | Head Of Treasury, International Operations | Leadership |
Pavel Silakov | Director Of Finance | Leadership |
Dmitry Zubkov | Unknown Role | Team |
Lizeth Coca | Senior Accountant | Team |
Stan Kaverin | Sales Manager | Team |
Anna Kulipanova | Product Manager | Team |
Privanth Shanmuganathan | Business Live Operations Associate | Team |
| Sr. Manager - Finance | Team | |
Pavel Makarov | Marketing Analyst | Team |
Artur Grigoryan | Internet Marketing Manager | Team |
2 more people are available in the full profile.
Complete people profiles for Borzo
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Financials of Borzo
Figures of Wefast India Private Limited, the primary company behind Borzo, for FY 2025. Revenue was ₹46.80 Cr (-12% year on year). Net profit was ₹69.2 Lakh (1% margin). EBITDA was ₹26.1 Lakh (1% margin). Revenue has grown at a compounded annual rate of +16% over three years and +137% over five years.
- ₹46.80 CrRevenue · FY 2025 · -12% YoY
- ₹69.2 LakhNet profit · 1% margin
- ₹26.1 LakhEBITDA · 1% margin
- ₹11.70 CrPaid-up capital
- 146Employees (provident fund records)
- +16%Revenue CAGR, 3 years
- +137%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Wefast India Private Limited are on its company page.
Detailed financial statements for Borzo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Investments & Acquisitions by Borzo
Borzo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Now Bike.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
On-demand delivery services are provided for businesses in Delhi-NCR. | now.bike | Noida, India | 2015 | Dec 2021 | •••• |
Complete acquisition details for Borzo
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of Borzo
4 dated milestones of Borzo across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Borzo is founded.
- Funding First funding round of $800K.
- Funding Latest funding round, Series C, of $35.0M.
- Acquisition Acquires Now Bike.
Competitors of Borzo
Borzo has 7 listed competitors in our database, 5 of them funded. They include FastBeetle, BookMyPacket, Hipship, Sendd and Coreyo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fastbeetle.com | 2018 | Srinagar, India | $303,067 | – | Door-to-door parcel and courier delivery services are provided. | |
| bookmypacket.com | 2013 | Gurugram, India | $123,116 | 2 | Online booking platform for parcel and cargo delivery services | |
| hipship.com | 2013 | Bengaluru, India | $120,961 | – | Multi-carrier delivery orchestration platform is provided for logistics integration. | |
| sendd.co | 2015 | Mumbai, India | $151,270 | – | International goods shipping is enabled via a mobile-first marketplace. | |
| coreyo.com | 2020 | Bengaluru, India | $665,723 | – | Courier services are facilitated via an app-based marketplace platform. | |
| gaintlogistic.com | 2014 | Gautam Budh Nagar, India | – | 77 | Offers a web-based marketplace for booking and managing courier services. | |
| courierwalaz.com | 2015 | Jaipur, India | – | 30 | An emerging company providing intercity courier delivery services. |
Detailed competitors of Borzo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Borzo
The website of Borzo (borzodelivery.com) receives about 377.5K visits a month and ranks #114,951 among all websites worldwide, #2,981 in Shipping and Logistics.
- Monthly visits377.5K
▼ 7% vs previous month
- Unique visitors159.7K
per month
- Global rank#114,951
among all websites
- Category rank#2,981
Business and Consumer Services · Shipping and Logistics
- Bounce rate41%
- Pages per visit3.4
- Average visit5 min 29 sec
- DevicesDesktop 29% · Mobile 71%
Websites whose visitors overlap most with Borzo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| porter.in | 100% | 3.4M | #15,659 | View details | |
| shiprocket.in | 81% | 6.6M | #7,716 | View details | |
| bluedart.com | 72% | 16.6M | #3,605 | View details | |
| shreemaruti.com | 71% | 2.1M | #26,857 | View details | |
thetransporter.in | thetransporter.in | 65% | – | #1,509,982 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 19 similar websites and full traffic analytics for Borzo
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- 19 similar websites
- Audience overlap
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Top companies in Logistics Technology & Platforms
10 companies that operate in the same segment as Borzo (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 23,536 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | 15,437 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | 998 | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Related news about Borzo
Complete news archive for Borzo
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Frequently Asked Questions about Borzo
Borzo was founded in 2016.
Borzo is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Mike Alexandrovski is the current CEO of Borzo. They have also founded this company.
Borzo is a funded company, having raised a total of $55.05M across 5 funding rounds to date. The company's 1st funding round was a Seed of $800K, raised on Oct 2016.
Borzo has 146 employees.
The primary company behind Borzo, Wefast India Private Limited, reported revenue of ₹46.80 Cr for FY 2025, down 12% year on year.
The company was founded in 2016 in Mumbai, India, and operates in the logistics sector as an online marketplace for courier bookings. Intra-city delivery services are provided to businesses and individuals, including real-time tracking and multi-point options. Normal and scheduled deliveries are handled for documents, flowers, products, and other items. The platform is accessible through Android and iOS applications.
Borzo's top competitors include FastBeetle, Coreyo and Hipship.
Borzo offers Intra-City Delivery Service.
Borzo has made 1 acquisition, including Now Bike.
Borzo has 6 investors. Key investors include Mubadala, FJ Labs, VNV Global, Flashpoint, and Russian Direct Investment Fund.
Borzo operates through Wefast India Private Limited.