About Coreyo
Coreyo is a company based in Bengaluru (India) founded in 2020 by Vince Madnkkakuzhy Jose. Coreyo has raised $665.72 thousand across 2 funding rounds from investors including Swift Infracon, Siddharth Hans and Shashank Krishna. Coreyo offers products and services including Coreyo Platform, Hyperlocal Service, Domestic Service, and Global Service. Coreyo operates in a competitive market with competitors including Borzo, FastBeetle, BookMyPacket, Hipship and Sendd, among others.
- Headquarter Bengaluru, India
- Founders Vince Madnkkakuzhy Jose
- 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 3 Elements Courier Aggregator Private Limited
- Date of Incorporation 30 Jan, 2020
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$269.86 (USD)1115250as on Mar 31, 2022
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Net Profit
-$136 K (USD)-3363.58as on Mar 31, 2022
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EBITDA
-$116.78 K (USD)-4122.51as on Mar 31, 2022
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Total Equity Funding
$665.72 K (USD)
in 2 rounds
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Latest Funding Round
$331.37 K (USD), Seed
Dec 20, 2022
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Investors
Swift Infracon
& 7 more
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Employee Count
Not available
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Products & Services of Coreyo
Coreyo offers a comprehensive portfolio of products and services, including Coreyo Platform, Hyperlocal Service, Domestic Service, and Global Service.
Platform for comparing and booking shipping services
Service for quick local parcel delivery options
Service for nationwide parcel shipping and tracking
Service for shipping to over 35 countries worldwide
Funding Insights of Coreyo
Coreyo has successfully raised a total of $665.72K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $331.37 thousand completed in December 2022. 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 Coreyo
Coreyo has secured backing from 8 investors, including institutional and angel investors. Prominent investors backing the company include Swift Infracon, Siddharth Hans and Shashank Krishna.
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Siddharth Hans |
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Shashank Krishna |
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Investor details for Coreyo
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Investments & Acquisitions by Coreyo
Investment portfolio details for Coreyo
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Financial Statements - Coreyo
Detailed financials for Coreyo
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Coreyo Comparisons
Peer comparison for Coreyo
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Competitors of Coreyo
Coreyo 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 Borzo, FastBeetle, BookMyPacket, Hipship and Sendd, among others.
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Intra-city courier services are booked via an online marketplace platform.
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Door-to-door parcel and courier delivery services are provided.
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Online booking platform for parcel and cargo delivery services
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Multi-carrier delivery orchestration platform is provided for logistics integration.
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International goods shipping is enabled via a mobile-first marketplace.
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Detailed competitors of Coreyo
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Latest news on Coreyo
Complete news archive for Coreyo
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Frequently Asked Questions about Coreyo
Coreyo was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Coreyo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Coreyo is a funded company, having raised a total of $665.72K across 2 funding rounds to date.
Annual revenue of Coreyo is $269.86 as on Mar 31, 2022.
Coreyo was founded in 2020 in Bengaluru, India, operating within the logistics sector. An app-based platform is provided for users to connect with courier service providers, compare options, select services, process payments, consign packages, and monitor shipments in real time. The service focuses on streamlining parcel delivery through a digital interface.
Coreyo's top competitors include Borzo, FastBeetle and Hipship.
Coreyo offers Coreyo Platform, Hyperlocal Service, Domestic Service, and Global Service.
Coreyo has 8 investors. Key investors include Swift Infracon, Siddharth Hans, Shashank Krishna, Vishal Khanna, and Naveen Shukla.
The valuation of Coreyo is $2.29M as of Dec 2022.