About CargoFL
CargoFL is a company based in Pune (India) founded in 2017. It operates as a SaaS (Software-as-a-Service). CargoFL has raised $923.44 thousand across 3 funding rounds from investors including SanchiConnect, HPCL and YourNest. The company has 46 employees as of March 31, 2023. CargoFL offers products and services including TMS for Enterprise and AI Box. CargoFL operates in a competitive market with competitors including WiseTech Global, Kale Logistics Solutions, Magaya Corporation, GoComet and RXO, among others.
- Headquarter Pune, India
- Employees 46 as on 31 Mar, 2023
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Innoctive Technologies Private Limited
- Date of Incorporation 17 Jul, 2017
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$409.2 K (USD)84.43as on Mar 31, 2023
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Net Profit
$8.98 K (USD)1090.59as on Mar 31, 2023
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EBITDA
$14.49 K (USD)145.86as on Mar 31, 2023
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Total Equity Funding
$923.44 K (USD)
in 3 rounds
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Latest Funding Round
$788.37 K (USD), Seed
Jan 02, 2025
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Investors
SanchiConnect
& 8 more
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Employee Count
46
as on Mar 31, 2023
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Products & Services of CargoFL
CargoFL offers a comprehensive portfolio of products and services, including TMS for Enterprise and AI Box.
Software for managing shipments and freight billing efficiently.
AI platform for automating supply chain functions effectively.
Funding Insights of CargoFL
CargoFL has successfully raised a total of $923.44K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $788.37 thousand completed in January 2025. 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 CargoFL
CargoFL has secured backing from 9 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include SanchiConnect, HPCL and YourNest.
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Early-stage DeepTech venture capital funding and support services in India.
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Angel investing and mentorship for early-stage startups in India.
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Investments in early-stage technology-led and consumer businesses.
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Investor details for CargoFL
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Investments & Acquisitions by CargoFL
Investment portfolio details for CargoFL
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Financial Statements - CargoFL
Detailed financials for CargoFL
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Cargofl Comparisons
Peer comparison for CargoFL
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Competitors of CargoFL
CargoFL 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 WiseTech Global, Kale Logistics Solutions, Magaya Corporation, GoComet and RXO, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based logistics software suite is provided for supply chain management.
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Cloud-based platforms for logistics, ports, and trade facilitation are provided.
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Cloud-based supply chain and logistics software is offered to businesses.
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AI-powered multimodal logistics platform for end-to-end supply chain digitization
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Cloud based platform providing freight forwarding solutions
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Cloud-based freight forwarding and logistics management solutions are offered.
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Detailed competitors of CargoFL
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Latest news on Cargofl
Complete news archive for CargoFL
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Frequently Asked Questions about CargoFL
CargoFL was founded in 2017 and raised its 1st funding round 3 years after it was founded.
CargoFL is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
CargoFL is a funded company, having raised a total of $923.44K across 3 funding rounds to date.
As of Mar 31, 2023, the latest employee count at CargoFL is 46.
Annual revenue of CargoFL is $409.2K as on Mar 31, 2023.
CargoFL is engaged in providing AI-driven solutions for logistics and supply chain management. The company operates within the technology sector, focusing on automation and optimization of transportation processes. Solutions offered include TMS for Enterprise, which aids in shipment management and freight billing, and AI Box, a platform with specialized AI tools for efficiency. Industries served include retail, pharmaceuticals, and manufacturing, with an emphasis on real-time visibility and scalable networks.
CargoFL's top competitors include WiseTech Global, Kale Logistics Solutions and GoComet.
CargoFL offers TMS for Enterprise and AI Box.
CargoFL has 9 investors. Key investors include SanchiConnect, HPCL, YourNest, Peaceful Progress, and Real Time Accelerator Fund.
The valuation of CargoFL is $2.12M as of Oct 2020.