About Boxnbiz
Boxnbiz is a company based in Bengaluru (India) founded in 2016 by Ricky Goyal.. Boxnbiz has raised $336.92 thousand across 2 funding rounds from investors including Lumis Partners and Intercont. Boxnbiz offers products and services including Digital Freight Platform, Ocean Services, Air Service, Custom Clearance, and Citrus Freight App. Boxnbiz operates in a competitive market with competitors including Flexport, sennder, Forto, Airspace and Wiz, among others.
- Headquarter Bengaluru, India
- Founders Ricky Goyal
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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 Boxnbiz Technologies Private Limited
- Date of Incorporation 01 Aug, 2016
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$361.9 K (USD)89.09as on Mar 31, 2021
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Net Profit
$-11.78 K (USD)-837.8as on Mar 31, 2021
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EBITDA
$-5.69 K (USD)-173.75as on Mar 31, 2021
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Total Equity Funding
$336.92 K (USD)
in 2 rounds
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Latest Funding Round
$240.24 K (USD), Seed
Nov 08, 2023
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Investors
Lumis Partners
& 1 more
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Employee Count
Employee Count
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 Total Funding
- Total Rounds 2
- Last Round Seed — $240,242
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First Round
First Round
(27 May 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Seed - Boxnbiz | Valuation | Lumis Partners |
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| May, 2022 | Amount | Seed - Boxnbiz | Valuation | Intercont |
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| 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 Boxnbiz
Boxnbiz has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Lumis Partners and Intercont. 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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Investment in alternative assets, businesses, and funds in India.
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Founded Year | Domain | Location | |
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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 Boxnbiz
| 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 - Boxnbiz
| 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 |
Boxnbiz Comparisons
Competitors of Boxnbiz
Boxnbiz 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 Flexport, sennder, Forto, Airspace and Wiz, 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 |
End-to-end supply chain logistics platform and services are provided.
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| domain | founded_year | HQ Location |
Tech-enabled platform matches shippers and carriers for trucking loads.
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| domain | founded_year | HQ Location |
Tech-enabled freight forwarding services for multi-modal cargo transport are provided.
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| domain | founded_year | HQ Location |
Web-based cargo management solutions are offered for air logistics.
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| domain | founded_year | HQ Location |
Cloud security posture and application protection are managed across environments.
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| domain | founded_year | HQ Location |
Multi-modal freight forwarding services are provided via an AI-enabled platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Boxnbiz
When was Boxnbiz founded?
Boxnbiz was founded in 2016 and raised its 1st funding round 6 years after it was founded.
Where is Boxnbiz located?
Boxnbiz is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Boxnbiz a funded company?
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 27, 2022.
What is the annual revenue of Boxnbiz?
Annual revenue of Boxnbiz is $361.9K as on Mar 31, 2021.
What does Boxnbiz do?
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.
What products or services does Boxnbiz offer?
Boxnbiz offers Digital Freight Platform, Ocean Services, Air Service, Custom Clearance, and Citrus Freight App.
Who are Boxnbiz's investors?
Boxnbiz has 2 investors. Key investors include Lumis Partners, and Intercont.