About Dependo
Dependo is a company based in Bengaluru (India) founded in 2009 was acquired by Bmrdi in August 2020. Dependo operates in a competitive market with competitors including Ensologic, Intoglo, Scale Labs, Yakit and Lexship, among others.
- Headquarter Bengaluru, India
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website dependo.com/Dependo_V1
- Social LinkedIn
- Acquired by Bmrdi (Aug 2020)
- Legal Name Dependo Logistics Solutions Private Limited
- Date of Incorporation 08 Sep, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹121 Cr
FY 2025 · +26% YoY
- Net Loss-₹2.90 Cr
FY 2025 · -2% margin
- EBITDA-₹1.55 Cr
FY 2025 · -1% margin
- Acquired byBmrdi
(Aug 2020)
Associated legal entities of Dependo
Dependo is associated with 2 registered companies on The Company Check; the primary company is Dependo Logistics Solutions Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Dependo Logistics Solutions Private Limited CIN U63030KA2016PTC096361 | Active | 08 Sep 2016 | Bangalore, Karnataka | ₹121 Cr | 66 | 2 | View details |
| Glow Networks Private Limited CIN U72200KA2007PTC041973 | Active | 05 Mar 2007 | Bangalore, Karnataka | ₹125 Cr | 24 | 2 | View details |
Investors in Dependo
Dependo has secured backing from 1 investor. Prominent investors backing the company include Bmrdi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | bmrdi.tcc.mode | - |
Investor details for Dependo
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Board of directors of Dependo Logistics Solutions Private Limited (Dependo)
Dependo Logistics Solutions Private Limited is the primary company behind Dependo. The boards of the 2 registered companies of Dependo currently have 2 directors; the longest-serving is Hari Narain Singla, appointed in 2020. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hari Narain Singla DIN 03476904 | Additional Director | 17 Aug 2020 | 6 yrs 1 mo | Dependo Logistics Solutions Private Limited, Glow Networks Private Limited |
| Anuj Aggarwal DIN 00809925 | Additional Director | 17 Aug 2020 | 6 yrs 1 mo | Dependo Logistics Solutions Private Limited, Glow Networks Private Limited |
People of Dependo
2 people are tracked at Dependo (2 in team).
| Name | Role | Group |
|---|---|---|
Sandeep Jha | Assistant Manager | Team |
Ankur Walie | Senior Manager - New Projects, Business Development | Team |
Complete people profiles for Dependo
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Financials of Dependo
Figures of Dependo Logistics Solutions Private Limited, the primary company behind Dependo, for FY 2025. Revenue was ₹121 Cr (+26% year on year). Net loss was -₹2.90 Cr (-2% margin). EBITDA was -₹1.55 Cr (-1% margin). Revenue has grown at a compounded annual rate of +28% over three years and +13% over five years.
- ₹121 CrRevenue · FY 2025 · +26% YoY
- -₹2.90 CrNet loss · -2% margin
- -₹1.55 CrEBITDA · -1% margin
- ₹1 LakhPaid-up capital
- 66Employees (provident fund records)
- +28%Revenue CAGR, 3 years
- +13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Dependo Logistics Solutions Private Limited are on its company page.
Detailed financial statements for Dependo
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Timeline of Dependo
2 dated milestones of Dependo across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Dependo is founded.
- Exit Acquired by Bmrdi.
Competitors of Dependo
Dependo 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 Ensologic, Intoglo, Scale Labs, Yakit and Lexship, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ensologic.com | 2019 | Delhi, India | $2.01M | 1 | Provider of e-commerce fulfillment and cross-border software solutions | |
| intoglo.com | 2022 | Delhi, India | $2.55M | 31 | Digital freight forwarding platform that provides end to end logistics solutions | |
| thescalelabs.com | 2016 | Gurugram, India | $987,749 | 12 | Cross-border e-commerce solutions with catalog management and fulfillment are provided. | |
| yakit.com | 2014 | Sunnyvale, United States | – | – | International e-commerce deliveries are managed via a web platform. | |
| lexship.com | 2012 | Bengaluru, India | – | – | Provides global shipping solutions for eCommerce businesses through digital platforms. | |
| sociotransit.com | 2013 | Bengaluru, India | – | – | Connects travelers with users needing goods picked up and delivered. | |
| golintu.com | 2017 | Visakhapatnam, India | – | – | Provider of a P2P platform for parcel forwarding | |
| quriersathi.com | 2023 | Noida, India | – | – | Provides a peer-to-peer delivery service for parcels and documents. |
Detailed competitors of Dependo
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Latest news on Dependo
Complete news archive for Dependo
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Similar companies to Dependo
10 companies that operate in the same segment as Dependo (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore | USD 9.09 B | USD 3.37 B | 11,270 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | – | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Frequently Asked Questions about Dependo
Dependo was founded in 2009.
Dependo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Dependo, Dependo Logistics Solutions Private Limited, reported revenue of ₹121 Cr for FY 2025, up 26% year on year.
Dependo was established in 2009 in Bengaluru, India, within the logistics sector. Doorstep collection of parcels, along with packaging options, is facilitated via an online booking platform where pickup and delivery addresses are specified. Real-time tracking of shipments is available during transit. Parcels up to 500 grams are handled for INR 100. Pickup operations were restricted to Bangalore as of April 2017.
Dependo's top competitors include Intoglo, Ensologic and Scale Labs.
Dependo has 1 investor. Key investors include Bmrdi.
Dependo is associated with 2 legal entities: Dependo Logistics Solutions Private Limited, Glow Networks Private Limited.
Yes. Dependo was acquired by Bmrdi in August 2020.
The legal entities of Dependo currently have 2 directors, including Hari Narain Singla, Anuj Aggarwal.