About eFleet Systems
eFleet Systems is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2002. Web-based fleet management solutions are provided for operations. eFleet Systems has raised $858.6 thousand across 2 funding rounds from investors including Ceat Tyres and Samir Parekh. The company has 43 employees. eFleet Systems was last valued at $4.86 million in May 2019. Its chief executive, as recorded, is Vishal Chavan. Its website efleetsystems.com draws about 52 thousand monthly visits. Its Indian entity E-Fleet Systems Private Limited reported revenue of ₹11.16 Cr. eFleet Systems offers products and services including Fleet Management Application, Value Added Services, Community Platform Services, Aggregation Services, and Reengineering Services. Its focus areas include Consumer, Logistics Tech, Freight and Trucking.
Company details
eFleet Systems was founded in 2002 and is based in Gurugram, India. Web-based solutions for fleet management are offered, focusing on driver management, consignment management, and fuel management. Operations are handled through these tools to support logistics and transportation sectors. The company serves clients requiring efficient fleet oversight in the Indian market.
- Headquarters Gurugram, India
- Employees 43
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website efleetsystems.com
- Social LinkedIn X Facebook YouTube
- Legal Name E-Fleet Systems Private Limited
- Date of Incorporation 07 Jan, 2008
- Jurisdiction Gurugram, Haryana, India
- Annual Revenue₹11.16 Cr
FY 2024 · +9% YoY
- Net Profit₹29.1 Lakh
FY 2024 · 3% margin
- EBITDA₹66.6 Lakh
FY 2024 · 6% margin
- Total Equity Funding$858.6K (USD)
in 2 rounds
- Latest Funding Round$577K (USD), Seed
May 2019
- InvestorsCeat Tyres
& 1 more
- Employee Count43
Associated legal entities of eFleet Systems
eFleet Systems operates through E-Fleet Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| E-Fleet Systems Private Limited CIN U63040HR2008PTC070774 | Active | 07 Jan 2008 | Gurgaon, Haryana | ₹11.2 Cr | 43 | 4 | View details |
Products & Services of eFleet Systems
eFleet Systems offers a comprehensive portfolio of products and services, including Fleet Management Application, Value Added Services, Community Platform Services, Aggregation Services, and Reengineering Services.
Application to monitor and analyze fleet operations KPIs
Services for improving business margins through KPI monitoring
Platform facilitating service exchanges among business partners
Services supporting transport activities via third-party partners
Services for analyzing and optimizing internal business processes
Apps and channels of eFleet Systems
its YouTube channel EFleet Systems has 43 subscribers and 2 videos.
Videos from eFleet Systems
The most watched videos on eFleet Systems's YouTube channel, EFleet Systems (43 subscribers). Click a video to play it here.
More on EFleet Systems.
Funding Insights of eFleet Systems
eFleet Systems has successfully raised a total of $858.6K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $577 thousand completed in May 2019. 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 $858,600
- Total Rounds 2
- Last Round Seed — $577,000
- First Round $281,600
(Dec 2018)
- Investors Count 2
All 2 funding rounds of eFleet Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2019 | $577,000 | Seed | $4.86M | Ceat Tyres | |
| Dec 2018 | $281,600 | Angel Round | $4.3M | Samir Parekh | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2019 | $4.86M | •••••••• |
| Dec 2018 | $4.3M | •••••••• |
Last known valuation $4.86M (May 2019). 2 investors in total: 1 institutional and 1 angel.
Investors in eFleet Systems
eFleet Systems has secured backing from 2 investors, including angel and institutional investors. Prominent investors backing the company include Ceat Tyres and Samir Parekh.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Manufacturer of tires for passenger & commercial vehicles | 1958 | ceat.com | Mumbai, India | |
SP Samir Parekh | Angel investor and co-founder of The Hosteller, focusing on hospitality and startups | unknown_a73ecfe63d9044188 |
Investor details for eFleet Systems
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of E-Fleet Systems Private Limited (eFleet Systems)
E-Fleet Systems Private Limited is the primary company behind eFleet Systems. The board of E-Fleet Systems Private Limited currently have 4 directors; the longest-serving is Somesh Saboo, appointed in 2008. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Somesh Saboo DIN 01890486 | Director | 07 Jan 2008 | 18 yrs 10 mo | E-Fleet Systems Private Limited |
| Animesh Mahendra Saboo DIN 02019699 | Director | 01 Feb 2008 | 18 yrs 9 mo | E-Fleet Systems Private Limited |
| Priyanka Saboo DIN 07994575 | Additional Director | 16 Nov 2017 | 8 yrs 11 mo | E-Fleet Systems Private Limited |
| Pali Satish Tripathi DIN 08139541 | Director | 19 Jul 2019 | 7 yrs 3 mo | E-Fleet Systems Private Limited |
People of eFleet Systems
4 people are tracked at eFleet Systems (4 in leadership); the tracked headcount is 43.
| Name | Role | Group |
|---|---|---|
| Director | Leadership | |
| Director | Leadership | |
Vishal Chavan | CEO | Leadership |
| Software Engineer | Leadership |
Complete people profiles for eFleet Systems
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of eFleet Systems
Figures of E-Fleet Systems Private Limited, the primary company behind eFleet Systems, for FY 2024. Revenue was ₹11.16 Cr (+9% year on year). Net profit was ₹29.1 Lakh (3% margin). EBITDA was ₹66.6 Lakh (6% margin). Revenue has grown at a compounded annual rate of +13% over three years and +12% over five years.
- ₹11.16 CrRevenue · FY 2024 · +9% YoY
- ₹29.1 LakhNet profit · 3% margin
- ₹66.6 LakhEBITDA · 6% margin
- ₹6.1 LakhPaid-up capital
- 43Employees (provident fund records)
- +13%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of E-Fleet Systems Private Limited are on its company page.
Detailed financial statements for eFleet Systems
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of eFleet Systems
4 dated milestones of eFleet Systems across 17 years, from founding to its latest funding, stage changes and deals.
- Founded eFleet Systems is founded.
- Funding First funding round of $282K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $577K.
Web traffic of eFleet Systems
The website of eFleet Systems (efleetsystems.com) receives about 52.1K visits a month.
- Monthly visits52.1K
▲ 73.1% vs previous month
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as eFleet Systems (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.51 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.56 B | USD 1.12 B | 23,536 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 |
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Related news about Efleet Systems
Complete news archive for eFleet Systems
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Frequently Asked Questions about eFleet Systems
eFleet Systems was founded in 2002 and raised its 1st funding round 16 years after it was founded.
eFleet Systems is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Vishal Chavan is the CEO of eFleet Systems, as recorded in our data.
eFleet Systems is a funded company, having raised a total of $858.6K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $281.6K, raised on Dec 2018.
eFleet Systems has 43 employees.
The primary company behind eFleet Systems, E-Fleet Systems Private Limited, reported revenue of ₹11.16 Cr for FY 2024, up 9% year on year.
eFleet Systems was founded in 2002 and is based in Gurugram, India. Web-based solutions for fleet management are offered, focusing on driver management, consignment management, and fuel management. Operations are handled through these tools to support logistics and transportation sectors. The company serves clients requiring efficient fleet oversight in the Indian market.
eFleet Systems offers Fleet Management Application, Value Added Services, Community Platform Services, Aggregation Services, and Reengineering Services.
eFleet Systems has 2 investors. Key investors include Ceat Tyres, and Samir Parekh.
The valuation of eFleet Systems is $4.86M as of May 2019.
eFleet Systems operates through E-Fleet Systems Private Limited.
The legal entities of eFleet Systems currently have 4 directors, including Pali Satish Tripathi, Priyanka Saboo, Somesh Saboo and others.