About Cargo Exchange
Cargo Exchange is a company based in Hyderabad (India) founded in 2014 by Venkat Ramana Gottipati and Chandan Reddy Gangasani. Cargo Exchange has raised $1.28 million across 5 funding rounds from investors including Transport Corporation of India, HEB International and Sunil Shetty. The company has 11 employees as of April 04, 2024. Cargo Exchange operates in a competitive market with competitors including Freight Tiger, Logospot, Transporeon, Shipwell and 3GTMS, among others.
- Headquarter Hyderabad, India
- Employees 11 as on 04 Apr, 2024
- Founders Venkat Ramana Gottipati, Chandan Reddy Gangasani
- 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 Cargo Exchange India Private Limited
- Date of Incorporation 30 Jan, 2015
- Jurisdiction Tirumalagiri, Telangana, India
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Annual Revenue
$254.64 K (USD)-23.18as on Mar 31, 2023
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Net Profit
-$67.63 K (USD)-104.48as on Mar 31, 2023
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EBITDA
-$13.16 K (USD)-168.97as on Mar 31, 2023
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Total Equity Funding
$1.28 M (USD)
in 5 rounds
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Latest Funding Round
$68.13 K (USD), Seed
Oct 17, 2020
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Investors
Transport Corporation of India
& 4 more
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Employee Count
11
as on Apr 04, 2024
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People of Cargo Exchange
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Funding Insights of Cargo Exchange
Cargo Exchange has successfully raised a total of $1.28M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $68.13 thousand completed in October 2020. 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 Cargo Exchange
Cargo Exchange has secured backing from 5 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Transport Corporation of India, HEB International and Sunil Shetty.
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Investments are made in early and growth stage tech startups.
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Multimodal logistics and supply chain solutions are provided comprehensively.
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Fuel blending, trading, and military project management are handled internationally.
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Investor details for Cargo Exchange
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Investments & Acquisitions by Cargo Exchange
Investment portfolio details for Cargo Exchange
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Financial Statements - Cargo Exchange
Detailed financials for Cargo Exchange
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Cargo Exchange Comparisons
Peer comparison for Cargo Exchange
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Competitors of Cargo Exchange
Cargo Exchange 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 Freight Tiger, Logospot, Transporeon, Shipwell and 3GTMS, among others.
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Freight and logistics are managed via web-based platform.
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SaaS-based transport management solutions are provided by LogiSpot.
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Cloud-based transport management solutions are provided for logistics enterprises.
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Online booking platform for freight transportation
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Transportation management systems are provided for third-party logistics firms.
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Cloud-based transportation management systems are provided for multimodal logistics.
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Detailed competitors of Cargo Exchange
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Latest news on Cargo Exchange
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Frequently Asked Questions about Cargo Exchange
Cargo Exchange was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Cargo Exchange is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Cargo Exchange is a funded company, having raised a total of $1.28M across 5 funding rounds to date.
As of Apr 04, 2024, the latest employee count at Cargo Exchange is 11.
Annual revenue of Cargo Exchange is $254.64K as on Mar 31, 2023.
Cargo Exchange was established in 2014 in Hyderabad, India, as a provider of cloud-based solutions in the transportation and logistics sector. Services encompass route optimization, fleet management, last-mile distribution, financial oversight, GPS tracking, data analysis, billing processes, and vehicle monitoring. Operations are centered on enhancing efficiency for transportation networks through digital tools.
Cargo Exchange's top competitors include Freight Tiger, Descartes and Shipwell.
Cargo Exchange has 5 investors. Key investors include Transport Corporation of India, HEB International, Sunil Shetty, Anthill Ventures, and Chitra Mittal.
The valuation of Cargo Exchange is $2.83M as of Oct 2020.