Direct Logistics

Mumbai, India Founded: 2003 • Age: 23 yrs
Road and ocean freight services are provided globally.

About Direct Logistics

Direct Logistics is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 2003 by Sunil Devrani. Road and ocean freight services are provided globally. Direct Logistics has raised $2.17 million across 1 funding round from investors including SIDBI Venture Capital. The company has 27 employees. Its chief executive, as recorded, is Sunil Devrani. Its Indian entity Direct Logistics India Private Limited reported revenue of β‚Ή86.4 Lakh. Its focus areas include Transportation and Logistics, Freight Forwarders and Multi Modal. Its competitors include Allcargo Logistics and CJ Darcl; 2 of its 2 listed competitors have raised funding.

Company details

Direct Logistics was established in 2003 in Mumbai, India, within the logistics sector. Road freight services are managed for domestic transportation, while ocean freight options are handled for international shipments. Operations are centered on efficient supply chain solutions, with a focus on reliability across various cargo types. The company is led by founder and CEO Sunil Devrani, and its domain is direct-logistics.com.

Key Metrics
  • Annual Revenue
    ₹86.4 Lakh

    FY 2023 · +1493% YoY

  • Net Profit
    ₹1.56 Cr

    FY 2023 · 79% margin

  • EBITDA
    -₹40.6 Lakh

    FY 2023 · -21% margin

  • Total Equity Funding
    $2.17M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.17M (USD), Series A

    Jun 2006

  • Investors
  • Employee Count
    27

Funding Insights of Direct Logistics

Direct Logistics has successfully raised a total of $2.17M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.17 million completed in June 2006. 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 $2.17M
  • Total Rounds 1
  • Last Round Series A β€” $2.17M
  • First Round $2.17M

    (Jun 2006)

  • Investors Count 1

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2006$2.17MSeries A––
Valuation history

1 investors in total: 1 institutional.

Investors in Direct Logistics

Direct Logistics has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include SIDBI Venture Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Venture capital management for SMEs and startups in India.
1999sidbiventure.co.inMumbai, India
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Investor details for Direct Logistics

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Board of directors of Direct Logistics India Private Limited (Direct Logistics)

Direct Logistics India Private Limited is the primary company behind Direct Logistics. The board of Direct Logistics India Private Limited currently have 2 directors; the longest-serving is Sunil Devrani, appointed in 1998. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sunil Devrani
DIN 01173908
Managing Director11 Aug 199828 yrs 2 moDirect Logistics India Private Limited
Sunita Devrani
DIN 01666648
Director11 Aug 199828 yrs 2 moDirect Logistics India Private Limited

People of Direct Logistics

1 people are tracked at Direct Logistics (1 in leadership); the tracked headcount is 27.

NameRoleGroup
Founder & CEOLeadership
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Complete people profiles for Direct Logistics

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Financials of Direct Logistics

Figures of Direct Logistics India Private Limited, the primary company behind Direct Logistics, for FY 2023. Revenue was ₹86.4 Lakh (+1493% year on year). Net profit was ₹1.56 Cr (79% margin). EBITDA was -₹40.6 Lakh (-21% margin). Revenue has grown at a compounded annual rate of -55% over three years and -47% over five years.

  • ₹86.4 LakhRevenue · FY 2023 · +1493% YoY
  • ₹1.56 CrNet profit · 79% margin
  • -₹40.6 LakhEBITDA · -21% margin
  • ₹13.08 CrPaid-up capital
  • 27Employees (provident fund records)
  • -55%Revenue CAGR, 3 years
  • -47%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Direct Logistics India Private Limited are on its company page.

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Detailed financial statements for Direct Logistics

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Timeline of Direct Logistics

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

  1. Founded Direct Logistics is founded.
  2. Funding First funding round of $2.2M.

Competitors of Direct Logistics

Direct Logistics has 2 listed competitors in our database, 2 of them funded. They include Allcargo Logistics and CJ Darcl.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
allcargologistics.com1993Mumbai, India$18M182
Multi-modal freight transportation, warehousing, and logistics services are provided globally.
cjdarcl.com1975Gurugram, India$17.31M6,166
Multi-modal freight forwarding, logistics, and warehousing services are provided.
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Detailed competitors of Direct Logistics

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Web traffic of Direct Logistics

Websites that share an audience with Direct Logistics (direct-logistics.com).

Similar websites

Websites whose visitors overlap most with Direct Logistics. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
yusen-logistics.com
93%
166KView details
ntclogistics.in
88%
1.7K#8,230,020View details
mercator.in
64%
View details

Top companies in Freight Forwarders

3 companies that operate in the same segment as Direct Logistics (Freight Forwarders) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Multimodal logistics and supply chain solutions are provided comprehensively.
1958Gurugram, Haryana, IndiaUSD 524.07 M13,460
Integrated supply chain and mobility solutions are provided globally.
2009Mumbai, Maharashtra, IndiaUSD 33.05 MUSD 745.97 M4,100
Multi-modal freight transportation, warehousing, and logistics services are provided globally.
1993Mumbai, Maharashtra, IndiaUSD 18 MUSD 219.35 M557
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Frequently Asked Questions about Direct Logistics

Direct Logistics was founded in 2003 and raised its 1st funding round 3 years after it was founded.

Direct Logistics is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Sunil Devrani is the CEO of Direct Logistics, as recorded in our data. They have also founded this company.

Direct Logistics is a funded company, having raised a total of $2.17M across 1 funding round to date. The company's 1st funding round was a Series A of $2.17M, raised on Jun 2006.

Direct Logistics has 27 employees.

The primary company behind Direct Logistics, Direct Logistics India Private Limited, reported revenue of β‚Ή86.4 Lakh for FY 2023, up 1493% year on year.

Direct Logistics was established in 2003 in Mumbai, India, within the logistics sector. Road freight services are managed for domestic transportation, while ocean freight options are handled for international shipments. Operations are centered on efficient supply chain solutions, with a focus on reliability across various cargo types. The company is led by founder and CEO Sunil Devrani, and its domain is direct-logistics.com.

Direct Logistics's top competitors include Allcargo Logistics and CJ Darcl.

Direct Logistics has 1 investor. Key investors include SIDBI Venture Capital.

Direct Logistics operates through Direct Logistics India Private Limited.

The legal entities of Direct Logistics currently have 2 directors, including Sunil Devrani, Sunita Devrani.

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