About Fareonn
Fareonn is a Transportation, Automotive & Logistics company based in Kanpur (India) founded in 2020. It offers a marketplace for the trucking industry. It operates on a B2B model. Its Indian entity Softbeads Private Limited reported revenue of ₹19.8 Lakh. Its focus areas include Transportation and Logistics, Trucking, Marketplace and Freight Services. Its competitors include BlackBuck, Vahak, Celcius, Lobb and Trans India and 5 more; 8 of its 10 listed competitors have raised funding.
Company details
Fareonn offers a marketplace for the trucking industry, focusing on transportation and logistics, trucking, marketplace, and offering freight services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Kanpur, India
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website fareonn.com
- Social X
- Legal Name Softbeads Private Limited
- Date of Incorporation 11 Oct, 2019
- Jurisdiction Kanpur, Uttar Pradesh, India
- Annual Revenue₹19.8 Lakh
FY 2024 · +19% YoY
- Net Loss-₹3.6 Lakh
FY 2024 · -18% margin
- EBITDA-₹3.1 Lakh
FY 2024 · -15% margin
Associated legal entities of Fareonn
Fareonn operates through Softbeads 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 |
|---|---|---|---|---|---|---|---|
| Softbeads Private Limited CIN U72900UP2019PTC122219 | Active | 11 Oct 2019 | Kanpur, Uttar Pradesh | ₹0.2 Cr | – | 2 | View details |
Apps and channels of Fareonn
Fareonn publishes 1 mobile app with over 5K+ downloads.
Board of directors of Softbeads Private Limited (Fareonn)
Softbeads Private Limited is the primary company behind Fareonn. The board of Softbeads Private Limited currently have 2 directors; the longest-serving is Anil Harkishandas Sanghavi, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anil Harkishandas Sanghavi DIN 00842232 | Director | 11 Oct 2019 | 7 yrs | Softbeads Private Limited |
| Sonia Sanghavi DIN 08570567 | Director | 11 Oct 2019 | 7 yrs | Softbeads Private Limited |
Financials of Fareonn
Figures of Softbeads Private Limited, the primary company behind Fareonn, for FY 2024. Revenue was ₹19.8 Lakh (+19% year on year). Net loss was -₹3.6 Lakh (-18% margin). EBITDA was -₹3.1 Lakh (-15% margin). Revenue has grown at a compounded annual rate of +1% over three years.
- ₹19.8 LakhRevenue · FY 2024 · +19% YoY
- -₹3.6 LakhNet loss · -18% margin
- -₹3.1 LakhEBITDA · -15% margin
- ₹1 LakhPaid-up capital
- +1%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Softbeads Private Limited are on its company page.
Detailed financial statements for Fareonn
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Competitors of Fareonn
Fareonn has 10 listed competitors in our database, 8 of them funded. They include BlackBuck, Vahak, Celcius, Lobb and Trans India, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blackbuck.com | 2015 | Bengaluru, India | $358.82M | 1,545 | Fleet operators are connected with truckers through a digital marketplace. | |
| vahak.in | 2017 | Bengaluru, India | $25.89M | 174 | An app-based marketplace is operated for cargo transportation bookings. | |
| celcius.in | 2020 | Navi Mumbai, India | $54.49M | 256 | Cold chain logistics solutions are booked through an online platform. | |
| lobb.in | 2015 | Bengaluru, India | $4.56M | 120 | Provider of a digital freight brokerage platform connecting transporters and truckers | |
| transin.in | 2015 | Hyderabad, India | – | 50 | Online marketplace that connects truck owners with load owners | |
| onmove.in | 2016 | Gurugram, India | $17.53M | 245 | Technology-enabled platform for transportation management services | |
| matchlog.delivery | 2019 | Mumbai, India | $4.57M | 35 | Match-back optimization solutions for supply chain decarbonization are provided. | |
| raaho.in | 2015 | Gurugram, India | $7.26M | 96 | Operator of a digital network connecting shippers, truckers, and drivers | |
| trukky.com | 2015 | Gurugram, India | $553,822 | 12 | Online truck booking and logistics services are provided digitally. | |
| trucknetic.com | 2011 | Delhi, India | – | – | AI-based digital solutions connect shippers and carriers for truck bookings. |
Detailed competitors of Fareonn
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Trucking
10 companies that operate in the same segment as Fareonn (Trucking), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multimodal logistics and supply chain solutions are provided comprehensively. | 1958 | Gurugram, Haryana, India | – | USD 524.07 M | 13,460 | |
Fleet leasing and supply chain solutions are provided globally. | 1933 | Miami, Florida, United States | – | USD 12.66 B | 50,700 | |
Logistics and transportation services are provided by ArcBest. | 1923 | Fort Smith, Arkansas, United States | – | USD 4.01 B | 14,000 | |
Commercial trucks are manufactured and distributed by Daimler Truck. | 1895 | Leinfelden-echterdingen, Baden-wurttemberg, Germany | USD 9 B | USD 53.5 B | 102,890 | |
Integrated supply chain and mobility solutions are provided globally. | 2009 | Mumbai, Maharashtra, India | USD 33.05 M | USD 745.97 M | 4,100 | |
Supply chain, logistics, and transportation services are provided globally. | 1904 | United States | – | USD 56.16 B | 108,160 | |
Truck transportation and repair services are provided nationwide. | 1975 | Irving, Texas, United States | – | – | 3,842 | |
Equipment for logistics and energy sectors is manufactured and supplied. | 1980 | Shenzhen, Guangdong, China | – | USD 22.33 B | 50,690 | |
Road freight services including parcels, LTL, and FTL are provided. | 1995 | Dallas, Texas, United States | USD 300 K | – | 1,869 | |
Commercial vehicle brands are owned and operated by TRATON. | 2013 | Munchen, Bayern, Germany | – | USD 51.76 B | 105,540 |
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Frequently Asked Questions about Fareonn
Fareonn was founded in 2020.
Fareonn is headquartered in Kanpur, India. It is registered at Kanpur, Uttar Pradesh, India.
The primary company behind Fareonn, Softbeads Private Limited, reported revenue of ₹19.8 Lakh for FY 2024, up 19% year on year.
Fareonn offers a marketplace for the trucking industry, focusing on transportation and logistics, trucking, marketplace, and offering freight services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Fareonn operates through Softbeads Private Limited.
The legal entities of Fareonn currently have 2 directors, including Anil Harkishandas Sanghavi, Sonia Sanghavi.
Yes. Fareonn publishes Fareonn:Book Online Truck&Load, with over 5,000 downloads.