About Elite Truck Hire
Elite Truck Hire is a company based in Edenvale (South Africa) founded in 1982 was acquired by Medu Capital in March 2016.. Elite Truck Hire offers products and services including Truck Hire, Bakkie Hire, Fridge Truck Hire, Crane Truck Hire, and Moving Truck Hire.
- Headquarter Edenvale, South Africa
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Medu Capital
(Mar 09, 2016)
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Products & Services of Elite Truck Hire
Elite Truck Hire offers a comprehensive portfolio of products and services, including Truck Hire, Bakkie Hire, Fridge Truck Hire, Crane Truck Hire, and Moving Truck Hire. 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.
Service for short-term commercial truck rentals.
Rental of bakkie vehicles for business transport needs.
Hire of refrigerated trucks for temperature-sensitive transport.
Rental of trucks with cranes for lifting and moving tasks.
Service for hiring trucks to assist with relocation and transport.
Comprehensive maintenance packages for rented vehicles.
Funding Insights of Elite Truck Hire
| 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 Elite Truck Hire
Elite Truck Hire has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Medu Capital. 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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Medu Capital is engaged in capital investment for businesses.
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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 Elite Truck Hire
| 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 - Elite Truck Hire
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Elite Truck Hire Comparisons
Competitors of Elite Truck Hire
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Elite Truck Hire
Frequently Asked Questions about Elite Truck Hire
When was Elite Truck Hire founded?
Elite Truck Hire was founded in 1982.
Where is Elite Truck Hire located?
Elite Truck Hire is headquartered in Edenvale, South Africa. It is registered at Edenvale, Gauteng, South Africa.
Who is the current CEO of Elite Truck Hire?
Byron Corcoran is the current CEO of Elite Truck Hire.
What does Elite Truck Hire do?
Elite Truck Hire was established in 1982 in Edenvale, South Africa, within the transportation and logistics sector. Services encompassing truck rental and freight management are offered to support regional operations. The company operates primarily in the South African market, with leadership provided by CEO Byron Corcoran. Focus is maintained on reliable trucking solutions for various industries.
What products or services does Elite Truck Hire offer?
Elite Truck Hire offers Truck Hire, Bakkie Hire, Fridge Truck Hire, Crane Truck Hire, and 2 more products and services.
Who are Elite Truck Hire's investors?
Elite Truck Hire has 1 investor. Key investors include Medu Capital.