About Ecom Express
Ecom Express is a company based in Gurugram (India) founded in 2012 by K Satyanarayana and Manju Dhawan was acquired by Delhivery in April 2025.. Ecom Express has raised $324.04 million across 12 funding rounds from investors including Delhivery, Warburg Pincus and Partners Group. The company has 19,846 employees as of March 28, 2024. Ecom Express offers products and services including Shipping Services, Fulfillment Services, Bulls.ai, Orb.it, and Same-Day Delivery. Ecom Express operates in a competitive market with competitors including Shiprocket, ShipBob, Pickrr, Anchanto and Prozo, among others.
- Headquarter Gurugram, India
- Employees 19846 as on 28 Mar, 2024
- Founders K Satyanarayana, Manju Dhawan
- Stage Soonicorn
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Sectors
Transportation, Automotive & LogisticsRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ecom Express Limited
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$261.56 M (USD)29.69as on Mar 31, 2022
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Net Profit
$-11.06 M (USD)-310.54as on Mar 31, 2022
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EBITDA
$4.63 M (USD)-71.05as on Mar 31, 2022
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Total Equity Funding
$324.04 M (USD)
in 12 rounds
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Latest Funding Round
$33.9 M (USD), Series C
Jun 28, 2024
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Investors
Delhivery
& 44 more
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Employee Count
19846
as on Mar 28, 2024
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Acquired by
Delhivery
(Apr 05, 2025)
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Products & Services of Ecom Express
Ecom Express offers a comprehensive portfolio of products and services, including Shipping Services, Fulfillment Services, Bulls.ai, Orb.it, and Same-Day Delivery. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tech-enabled pick-up and delivery for e-commerce parcels
Storage solutions for retail and D2C brands in India
Intelligent address engine for precise delivery locations
Streamlined onboarding and shipping management system
Efficient and timely delivery for e-commerce orders
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Software Development Team
91 people
Leadership Team
71 people
Senior Team
42 people
Operations Team
42 people
Human Resources and Administration
30 people
Sales and Marketing
14 people
Data Analysis and Operations Team
14 people
Manager Team
13 people
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Funding Insights of Ecom Express
Ecom Express has successfully raised a total of $324.04M across 12 strategic funding rounds. The most recent funding activity was a Series C round of $33.9 million completed in June 2024. 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 Total Funding
- Total Rounds 12
- Last Round Series C — $33.9M
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First Round
First Round
(13 Apr 2013)
- Investors Count 44
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series C - Ecom Express | Valuation | British International Investment |
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| Jul, 2023 | Amount | Series C - Ecom Express | Valuation | Warburg Pincus , British International Investment |
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| Oct, 2022 | Amount | Series C - Ecom Express | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ecom Express
Ecom Express has secured backing from 45 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Delhivery, Warburg Pincus and Partners Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government agency focused on small and medium-sized businesses
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Founded Year | Domain | Location | |
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Multi-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location | |
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Private equity funds are managed across multiple sectors globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ecom Express
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ecom Express
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ecom Express Comparisons
Competitors of Ecom Express
Ecom Express 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 Shiprocket, ShipBob, Pickrr, Anchanto and Prozo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
E-commerce tools for shipping, marketing, and financial services are provided.
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| domain | founded_year | HQ Location |
E-commerce fulfillment solutions are provided for direct-to-consumer brands.
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| domain | founded_year | HQ Location |
AI-based logistics solutions are provided for shipping and tracking.
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| domain | founded_year | HQ Location |
SaaS solutions for e-commerce and logistics operations are delivered.
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| domain | founded_year | HQ Location |
Online platform offering wholesale and business-focused e-commerce solutions
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| domain | founded_year | HQ Location |
Provider of e-commerce enablement platform automating order processing, inventory, warehouse, and shipping
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ecom Express
Frequently Asked Questions about Ecom Express
When was Ecom Express founded?
Ecom Express was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Ecom Express located?
Ecom Express is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Ecom Express?
Ajay Chitkara is the current CEO of Ecom Express.
Is Ecom Express a funded company?
Ecom Express is a funded company, having raised a total of $324.04M across 12 funding rounds to date. The company's 1st funding round was a Series C of $39.01M, raised on Apr 13, 2013.
How many employees does Ecom Express have?
As of Mar 28, 2024, the latest employee count at Ecom Express is 19,846.
What is the annual revenue of Ecom Express?
Annual revenue of Ecom Express is $261.56M as on Mar 31, 2022.
What does Ecom Express do?
Ecom Express was established in 2012 in Gurugram, India, as a logistics provider focused on the e-commerce sector. Comprehensive solutions are delivered, encompassing fulfillment, reverse logistics, order tracking, pickup and drop operations, and fuel management. A digital mobile application is utilized for e-KYC processes and Aadhar-based biometric verification, supporting overall supply chain efficiency across operations.
Who are the top competitors of Ecom Express?
Ecom Express's top competitors include Shiprocket, ShipBob and Prozo.
What products or services does Ecom Express offer?
Ecom Express offers Shipping Services, Fulfillment Services, Bulls.ai, Orb.it, and Same-Day Delivery.
Who are Ecom Express's investors?
Ecom Express has 45 investors. Key investors include Delhivery, Warburg Pincus, Partners Group, British International Investment, and Peepul Capital.
What is Ecom Express's valuation?
The valuation of Ecom Express is $878.15M as of Jun 2024.
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