FastBeetle

Srinagar, India Founded: 2018 • Age: 8 yrs
Door-to-door parcel and courier delivery services are provided.
Annual revenue - Latest available
Total funding $303,067 4 rounds
Employees - Tracked headcount
Investors 17 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About FastBeetle

FastBeetle is a company based in Srinagar (India) founded in 2018 by Sheikh Sami Ullah and Abid Rashid. It operates as a On-Demand Services and Pay-per-Use / Usage-Based. FastBeetle has raised $303.07 thousand across 4 funding rounds from investors including Nepra, KM Trans Logistics and Peyush Bansal. FastBeetle offers products and services including Send Package and Airport Packages. FastBeetle operates in a competitive market with competitors including Speedbox, BookMyPacket, Hipship, Sendd and Coreyo, among others.

  • Headquarter Srinagar, India
  • Founders Sheikh Sami Ullah, Abid Rashid
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Fastbeetle Logistics Private Limited
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $303.07 K (USD)

    in 4 rounds

  • Latest Funding Round
    Not available
  • Investors
    Nepra

    & 16 more

  • Employee Count
    Not available
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Products & Services of FastBeetle

FastBeetle offers a comprehensive portfolio of products and services, including Send Package and Airport Packages.

Product name locked
Category locked
Primary

Packages are delivered with speed and reliability ensured.

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Airport packages are handled with urgent delivery focus.

People of FastBeetle

Headcount 50-200
Employee Profiles 8
Employee Profiles
People
Sami Ullah
CEO & Co-Founder
People
Faizan Z Bhat
Director Service And Operations J&k
People
Aaqib Shah
Chief Compliance Officer
People
Abid Rashid
Co-Founder & Chief Technology Officer

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Funding Insights of FastBeetle

FastBeetle has successfully raised a total of $303.07K across 4 strategic funding rounds. 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 FastBeetle

FastBeetle has secured backing from 17 investors, including institutional and angel investors. Prominent investors backing the company include Nepra, KM Trans Logistics and Peyush Bansal.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Delivers comprehensive logistics and transportation solutions for businesses.
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Provides solutions for the collection, segregation, processing, and recycling of municipal dry waste
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Peyush Bansal

Founder of Lenskart, prominent angel investor, Shark Tank India judge
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Investor details for FastBeetle

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by FastBeetle

Investments
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Investment portfolio details for FastBeetle

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  • Transaction dates
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Financial Statements - FastBeetle

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Detailed financials for FastBeetle

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  • Profit trends
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Fastbeetle Comparisons

FastBeetle Primary company
Description
Door-to-door parcel and courier delivery services are provid...
Location
Srinagar, India
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for FastBeetle

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Competitors of FastBeetle

FastBeetle 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 Speedbox, BookMyPacket, Hipship, Sendd and Coreyo, among others.

Company Name Domain Founded year HQ Location Description
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Delivery management solutions for logistics companies are provided by Speedbox.
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Online booking platform for parcel and cargo delivery services
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Multi-carrier delivery orchestration platform is provided for logistics integration.
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International goods shipping is enabled via a mobile-first marketplace.
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Courier services are facilitated via an app-based marketplace platform.
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Detailed competitors of FastBeetle

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Latest news on Fastbeetle

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Complete news archive for FastBeetle

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Frequently Asked Questions about FastBeetle

FastBeetle was founded in 2018 and raised its 1st funding round 3 years after it was founded.

FastBeetle is headquartered in Srinagar, India. It is registered at Srinagar, Jammu And Kashmir, India.

Sheikh Sami Ullah is the current CEO of FastBeetle. They have also founded this company.

FastBeetle is a funded company, having raised a total of $303.07K across 4 funding rounds to date.

FastBeetle is involved in offering courier and delivery solutions across India. The company operates in the logistics sector, focusing on door-to-door services for businesses and individuals. Packages, letters, and critical shipments are handled with an emphasis on safety and timeliness. On-demand delivery options are provided to meet time-sensitive needs, while transparent pricing and flexible scheduling are maintained to ensure customer convenience. Operations span various regions, connecting producers and consumers through efficient logistics networks.

FastBeetle's top competitors include Coreyo, Speedbox and Hipship.

FastBeetle offers Send Package and Airport Packages.

FastBeetle has 17 investors. Key investors include Nepra, KM Trans Logistics, Peyush Bansal, Aman Gupta, and Anuj Sharma.

The valuation of FastBeetle is $3M as of Jun 2023.

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