eFleet Systems

Gurugram, India Founded: 2002 • Age: 24 yrs
Web-based fleet management solutions are provided for operations.
Annual revenue $1.2M Latest available
Total funding $858,600 2 rounds
Employees 43 Tracked headcount
Investors 2 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

About eFleet Systems

eFleet Systems is a company based in Gurugram (India) founded in 2002. eFleet Systems has raised $858.6 thousand across 2 funding rounds from investors including Ceat Tyres and Samir Parekh. The company has 43 employees as of April 04, 2024. eFleet Systems offers products and services including Fleet Management Application, Value Added Services, Community Platform Services, Aggregation Services, and Reengineering Services. eFleet Systems operates in a competitive market with competitors including Samsara, Platform Science, Wright Express, Radius and Omnitracs, among others.

  • Headquarter Gurugram, India
  • Employees 43 as on 04 Apr, 2024
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Legal Name E-Fleet Systems Private Limited
  • Date of Incorporation 07 Jan, 2008
  • Jurisdiction Gurugram, Haryana, India
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.23 M (USD)
    -7.81
    as on Mar 31, 2023
  • Net Profit
    $14.63 K (USD)
    53.74
    as on Mar 31, 2023
  • EBITDA
    $25.33 K (USD)
    -86.51
    as on Mar 31, 2023
  • Total Equity Funding
    $858.6 K (USD)

    in 2 rounds

  • Latest Funding Round
    $577 K (USD), Seed

    May 10, 2019

  • Investors
    Ceat Tyres

    & 1 more

  • Employee Count
    43

    as on Apr 04, 2024

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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.

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Primary

Application to monitor and analyze fleet operations KPIs

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Services for improving business margins through KPI monitoring

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Platform facilitating service exchanges among business partners

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Services supporting transport activities via third-party partners

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Services for analyzing and optimizing internal business processes

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.

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.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Manufacturer of tires for passenger & commercial vehicles
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Samir Parekh

Angel investor and co-founder of The Hosteller, focusing on hospitality and startups
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Investor details for eFleet Systems

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Investments & Acquisitions by eFleet Systems

Investments
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Investment portfolio details for eFleet Systems

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Financial Statements - eFleet Systems

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Detailed financials for eFleet Systems

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Efleet Systems Comparisons

eFleet Systems Primary company
Description
Web-based fleet management solutions are provided for operat...
Location
Gurugram, India
Founded Year
2002
Annual Revenue
$1.23 M (USD)
Net Profit
$14.63 K (USD)
EBITDA
$25.33 K (USD)
Employees
43
As of 2024
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Peer comparison for eFleet Systems

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Competitors of eFleet Systems

eFleet Systems 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 Samsara, Platform Science, Wright Express, Radius and Omnitracs, among others.

Company Name Domain Founded year HQ Location Description
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AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
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Provider of integrated solutions for fleet management
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Employee benefit administration and payment solutions are provided for enterprises.
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Predictive marketing and sales platform
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Cloud-based fleet management solutions are provided for transportation operations.
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Fleet management solutions are provided for tracking and optimization needs.
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Detailed competitors of eFleet Systems

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Latest news on Efleet Systems

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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 current CEO of eFleet Systems.

eFleet Systems is a funded company, having raised a total of $858.6K across 2 funding rounds to date.

As of Apr 04, 2024, the latest employee count at eFleet Systems is 43.

Annual revenue of eFleet Systems is $1.23M as on Mar 31, 2023.

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's top competitors include Samsara, Wright Express and Radius.

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.

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