About Boxnbiz
Boxnbiz is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2016 by Ricky Goyal. Digital platform for end-to-end international freight forwarding is provided. Boxnbiz has raised $336.92 thousand across 2 funding rounds from investors including Lumis Partners and Intercont. Its Indian entity Boxnbiz Technologies Private Limited reported revenue of ₹8.95 Cr. Boxnbiz offers products and services including Digital Freight Platform, Ocean Services, Air Service, Custom Clearance, and Citrus Freight App. Its focus areas include Consumer, Logistics Tech, Freight and Multimodal.
Company details
Provider of a digital platform for end-to-end international freight forwarding. This platform streamlines logistics execution for importers and exporters. Services include ocean freight (FCL and LCL), air freight, and customs clearance. The platform offers real-time price discovery, shipment tracking, and online document management. It facilitates collaboration among stakeholders through an integrated chat function. The company also provides business analysis tools for data-driven decision-making. A specialized solution caters to perishable goods exporters.
- Headquarters Bengaluru, India
- Founders Ricky Goyal
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website boxnbiz.com
- Social LinkedIn X Facebook
- Legal Name Boxnbiz Technologies Private Limited
- Date of Incorporation 01 Aug, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹8.95 Cr
FY 2024 · +3% YoY
- Net Loss-₹1.68 Cr
FY 2024 · -19% margin
- EBITDA-₹1.50 Cr
FY 2024 · -17% margin
- Total Equity Funding$336.92K (USD)
in 2 rounds
- Latest Funding Round$240.24K (USD), Seed
Nov 2023
- InvestorsLumis Partners
& 1 more
Associated legal entities of Boxnbiz
Boxnbiz operates through Boxnbiz Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Boxnbiz Technologies Private Limited CIN U72200KA2016PTC095414 | Active | 01 Aug 2016 | Bangalore, Karnataka | ₹8.9 Cr | 17 | 2 | View details |
Products & Services of Boxnbiz
Boxnbiz offers a comprehensive portfolio of products and services, including Digital Freight Platform, Ocean Services, Air Service, Custom Clearance, and Citrus Freight App.
Cloud-based tool for searching rates and managing shipments end-to-end.
Handles FCL, LCL, and reefer container shipping for international transport.
Provides air shipment solutions with real-time tracking and visibility.
Assists with customs processes for hassle-free international shipments.
App for booking reefer containers specifically for perishable exports.
Funding Insights of Boxnbiz
Boxnbiz has successfully raised a total of $336.92K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $240.24 thousand completed in November 2023. 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 $336,921
- Total Rounds 2
- Last Round Seed — $240,242
- First Round $96,679
(May 2022)
- Investors Count 2
All 2 funding rounds of Boxnbiz 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 |
|---|---|---|---|---|---|
| Nov 2023 | $240,242 | Seed | – | Lumis Partners | – |
| May 2022 | $96,679 | Seed | – | Intercont | – |
2 investors in total: 2 institutional.
Investors in Boxnbiz
Boxnbiz has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Lumis Partners and Intercont.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in alternative assets, businesses, and funds in India. | 2006 | lumispartners.com | Gurugram, India | |
| intercontliner.com |
Investor details for Boxnbiz
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Boxnbiz Technologies Private Limited (Boxnbiz)
Boxnbiz Technologies Private Limited is the primary company behind Boxnbiz. The board of Boxnbiz Technologies Private Limited currently have 2 directors; the longest-serving is Ricky R Goyal, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ricky R Goyal DIN 07571521 | Director | 01 Aug 2016 | 10 yrs 3 mo | Boxnbiz Technologies Private Limited |
| Biplob Barik DIN 07571549 | Director | 01 Aug 2016 | 10 yrs 3 mo | Boxnbiz Technologies Private Limited |
People of Boxnbiz
1 people are tracked at Boxnbiz (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership |
Complete people profiles for Boxnbiz
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Financials of Boxnbiz
Figures of Boxnbiz Technologies Private Limited, the primary company behind Boxnbiz, for FY 2024. Revenue was ₹8.95 Cr (+3% year on year). Net loss was -₹1.68 Cr (-19% margin). EBITDA was -₹1.50 Cr (-17% margin). Revenue has grown at a compounded annual rate of +49% over three years and +47% over five years.
- ₹8.95 CrRevenue · FY 2024 · +3% YoY
- -₹1.68 CrNet loss · -19% margin
- -₹1.50 CrEBITDA · -17% margin
- ₹1.5 LakhPaid-up capital
- 17Employees (provident fund records)
- +49%Revenue CAGR, 3 years
- +47%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Boxnbiz Technologies Private Limited are on its company page.
Detailed financial statements for Boxnbiz
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Boxnbiz
3 dated milestones of Boxnbiz across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Boxnbiz is founded.
- Funding First funding round of $97K.
- Funding Latest funding round, Seed, of $240K.
Web traffic of Boxnbiz
The website of Boxnbiz (boxnbiz.com) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 8.1% vs previous month
Websites whose visitors overlap most with Boxnbiz. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| lotus-containers.com | 100% | 17K | #1,326,702 | View details | |
| container-xchange.com | 78% | 67.2K | #403,383 | View details |
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as Boxnbiz (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 Boxnbiz
Complete news archive for Boxnbiz
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Frequently Asked Questions about Boxnbiz
Boxnbiz was founded in 2016 and raised its 1st funding round 6 years after it was founded.
Boxnbiz is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Boxnbiz is a funded company, having raised a total of $336.92K across 2 funding rounds to date. The company's 1st funding round was a Seed of $96.68K, raised on May 2022.
The primary company behind Boxnbiz, Boxnbiz Technologies Private Limited, reported revenue of ₹8.95 Cr for FY 2024, up 3% year on year.
Provider of a digital platform for end-to-end international freight forwarding. This platform streamlines logistics execution for importers and exporters. Services include ocean freight (FCL and LCL), air freight, and customs clearance. The platform offers real-time price discovery, shipment tracking, and online document management. It facilitates collaboration among stakeholders through an integrated chat function. The company also provides business analysis tools for data-driven decision-making. A specialized solution caters to perishable goods exporters.
Boxnbiz offers Digital Freight Platform, Ocean Services, Air Service, Custom Clearance, and Citrus Freight App.
Boxnbiz has 2 investors. Key investors include Lumis Partners, and Intercont.
Boxnbiz operates through Boxnbiz Technologies Private Limited.
The legal entities of Boxnbiz currently have 2 directors, including Ricky R Goyal, Biplob Barik.