Dipper

Delhi, India Founded: 2015 • Age: 11 yrs Acquired By FarEye
Online marketplace for freight transport

About Dipper

Dipper is a Transportation, Automotive & Logistics company based in Delhi (India) founded in 2015, and was acquired by FarEye in November 2018. Online marketplace for freight transport. Dipper has raised $49.84 thousand across 1 funding round from investors including FarEye. The company was acqui-hired. Its focus areas include Consumer, Logistics Tech, Freight and Trucking. Its legal entity in India is Dipper Technologies Private Limited (U74140DL2015PTC285278). Its competitors include BlackBuck, Vahak and Celcius; 3 of its 3 listed competitors have raised funding.

Company details

Dipper is an online platform that connects load providers with Truck Owners. provides a technology platform, enabled with IoT devices, to large fleet owners, small-to-mid-sized trucking carriers and transporters. Has only verified and background checked truck owners. Other features include GPS tracking, handles document exchange, contact and payment support. Claims to have about 2,000 verified trucks on the platform with a 40 month-on-month growth. Also, Claims to generate Rs 50 lakh revenue every month through the paltform and partly from the monthly fee it charges truck owners for the SaaS product it provides them.

Key Metrics
  • Net Loss
    -₹8.9 Lakh

    FY 2016 · 0% margin

  • EBITDA
    -₹8.8 Lakh

    FY 2016 · 0% margin

  • Total Equity Funding
    $49.84K (USD)

    in 1 rounds

  • Latest Funding Round
    $49.84K (USD), Angel Round

    Jun 2016

  • Investors
  • Acquired by
    FarEye

    (Nov 2018)

Funding Insights of Dipper

Dipper has successfully raised a total of $49.84K through 1 strategic funding round. The most recent funding activity was a Angel Round of $49.84 thousand completed in June 2016. 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 $49,836
  • Total Rounds 1
  • Last Round Angel Round β€” $49,836
  • First Round $49,836

    (Jun 2016)

All 1 funding rounds of Dipper with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2016$49,836Angel Round––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Dipper

Dipper has secured backing from 1 investor. Prominent investors backing the company include FarEye.

All
InvestorDescriptionFounded YearDomainLocation
Last-mile delivery operations are managed through SaaS and AI solutions.
2013fareye.comChicago, United States
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Investor details for Dipper

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Board of directors of Dipper Technologies Private Limited (Dipper)

Dipper Technologies Private Limited is the primary company behind Dipper. The board of Dipper Technologies Private Limited currently have 2 directors; the longest-serving is Ayush Syal, appointed in 2015.

DirectorDesignationAppointedTenureEntity
Ayush Syal
DIN 07250715
Director16 Sep 201511 yrs 1 moDipper Technologies Private Limited
Suryansh Mahesh Jalan
DIN 07161876
Director16 Sep 201511 yrs 1 moDipper Technologies Private Limited

Financials of Dipper

Figures of Dipper Technologies Private Limited, the primary company behind Dipper, for FY 2016. Net loss was -₹8.9 Lakh (0% margin). EBITDA was -₹8.8 Lakh (0% margin).

  • -₹8.9 LakhNet loss · 0% margin
  • -₹8.8 LakhEBITDA · 0% margin
  • ₹1.06 CrPaid-up capital
  • 38Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Dipper Technologies Private Limited are on its company page.

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Detailed financial statements for Dipper

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Timeline of Dipper

3 dated milestones of Dipper across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Dipper is founded.
  2. Funding First funding round of $50K.
  3. Exit Acquired by FarEye.

Competitors of Dipper

Dipper has 3 listed competitors in our database, 3 of them funded. They include BlackBuck, Vahak and Celcius.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
blackbuck.com2015Bengaluru, India$358.82M1,545
Fleet operators are connected with truckers through a digital marketplace.
vahak.in2017Bengaluru, India$25.89M174
An app-based marketplace is operated for cargo transportation bookings.
celcius.in2020Navi Mumbai, India$54.49M256
Cold chain logistics solutions are booked through an online platform.
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Detailed competitors of Dipper

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Top companies in Logistics Technology & Platforms

3 companies that operate in the same segment as Dipper (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.54 BUSD 2.51 B4,488
Integrated logistics services including parcel delivery and warehousing are provided.
2011Gurugram, Haryana, IndiaUSD 1.56 BUSD 1.12 B23,536
E-commerce tools for shipping, marketing, and financial services are provided.
2012Gurugram, Haryana, IndiaUSD 321.57 MUSD 135.47 M915
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Related news about Dipper

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Frequently Asked Questions about Dipper

Dipper was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Dipper is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Dipper is a funded company, having raised a total of $49.84K across 1 funding round to date. The company's 1st funding round was a Angel Round of $49.84K, raised on Jun 2016.

Dipper is an online platform that connects load providers with Truck Owners. provides a technology platform, enabled with IoT devices, to large fleet owners, small-to-mid-sized trucking carriers and transporters. Has only verified and background checked truck owners. Other features include GPS tracking, handles document exchange, contact and payment support. Claims to have about 2,000 verified trucks on the platform with a 40 month-on-month growth. Also, Claims to generate Rs 50 lakh revenue every month through the paltform and partly from the monthly fee it charges truck owners for the SaaS product it provides them.

Dipper's top competitors include BlackBuck, Celcius and Vahak.

Dipper has 1 investor. Key investors include FarEye.

Dipper operates through Dipper Technologies Private Limited.

Yes. Dipper was acquired by FarEye in November 2018.

The legal entities of Dipper currently have 2 directors, including Ayush Syal, Suryansh Mahesh Jalan.

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