About First Flight Couriers
First Flight Couriers is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 1986 by O P Saboo. Multi-modal freight forwarding services are provided for global courier packages. First Flight Couriers has raised $25 million across 1 funding round from investors including Temasek. The company has 26 employees. Its Indian entity First Flight Couriers Limited reported revenue of ₹337 Cr. Its focus areas include Transportation and Logistics, Freight Forwarders and Multi Modal. Its competitors include Allcargo Logistics and CJ Darcl; 2 of its 2 listed competitors have raised funding.
Company details
First Flight Couriers was established in 1986 in Mumbai, India, by founder O P Saboo. Operations focus on the logistics sector, offering multi-modal freight forwarding for personal, professional, and private packages across international routes. Services include online booking and real-time consignment tracking, supporting shipments to various global destinations from the companys base in India.
- Headquarters Mumbai, India
- Employees 26
- Founders O P Saboo
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website firstflight.net
- Social LinkedIn X Facebook
- Legal Name First Flight Couriers Limited
- Date of Incorporation 02 May, 1988
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹337 Cr
FY 2017 · -23% YoY
- Net Loss-₹61.04 Cr
FY 2017 · -18% margin
- EBITDA-₹57.58 Cr
FY 2017 · -17% margin
- Total Equity Funding$25M (USD)
in 1 rounds
- Latest Funding Round$25M (USD), Private Equity Round
Jun 2007
- Investors
- Employee Count26
Associated legal entities of First Flight Couriers
First Flight Couriers operates through First Flight Couriers Limited (under cirp). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| First Flight Couriers Limited CIN U64100MH1988PLC047228 | Under Cirp | 02 May 1988 | Mumbai, Maharashtra | ₹337 Cr | 26 | 3 | View details |
Funding Insights of First Flight Couriers
First Flight Couriers has successfully raised a total of $25M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $25 million completed in June 2007. 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 $25M
- Total Rounds 1
- Last Round Private Equity Round — $25M
- First Round $25M
(Jun 2007)
- Investors Count 1
All 1 funding rounds of First Flight Couriers 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 |
|---|---|---|---|---|---|
| Jun 2007 | $25M | Private Equity Round | – | Temasek | – |
1 investors in total: 1 institutional.
Investors in First Flight Couriers
First Flight Couriers has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Temasek.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
An investment platform is provided for diverse sectors and geographies. | 1974 | temasek.com.sg | Singapore, Singapore |
Investor details for First Flight Couriers
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Board of directors of First Flight Couriers Limited (First Flight Couriers)
First Flight Couriers Limited is the primary company behind First Flight Couriers. The board of First Flight Couriers Limited currently have 3 directors; the longest-serving is Himmat Singh Lagad, appointed in 2015. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Himmat Singh Lagad DIN 02552843 | Director | 25 Aug 2015 | 11 yrs 2 mo | First Flight Couriers Limited |
| Sharmeela Omprakash Saboo DIN 00249791 | Director | 16 Sep 2015 | 11 yrs 1 mo | First Flight Couriers Limited |
| Omprakash Motilal Saboo DIN 00249745 | Whole-time director | 21 Apr 2016 | 10 yrs 6 mo | First Flight Couriers Limited |
People of First Flight Couriers
1 people are tracked at First Flight Couriers (1 in leadership); the tracked headcount is 26.
| Name | Role | Group |
|---|---|---|
O P Saboo | Founder & Managing Director | Leadership |
Complete people profiles for First Flight Couriers
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Financials of First Flight Couriers
Figures of First Flight Couriers Limited, the primary company behind First Flight Couriers, for FY 2017. Revenue was ₹337 Cr (-23% year on year). Net loss was -₹61.04 Cr (-18% margin). EBITDA was -₹57.58 Cr (-17% margin).
- ₹337 CrRevenue · FY 2017 · -23% YoY
- -₹61.04 CrNet loss · -18% margin
- -₹57.58 CrEBITDA · -17% margin
- ₹16.27 CrPaid-up capital
- 26Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of First Flight Couriers Limited are on its company page.
Detailed financial statements for First Flight Couriers
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Timeline of First Flight Couriers
2 dated milestones of First Flight Couriers across 21 years, from founding to its latest funding, stage changes and deals.
- Founded First Flight Couriers is founded.
- Funding First funding round of $25.0M.
Competitors of First Flight Couriers
First Flight Couriers has 2 listed competitors in our database, 2 of them funded. They include Allcargo Logistics and CJ Darcl.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| allcargologistics.com | 1993 | Mumbai, India | $18M | 182 | Multi-modal freight transportation, warehousing, and logistics services are provided globally. | |
| cjdarcl.com | 1975 | Gurugram, India | $17.31M | 6,166 | Multi-modal freight forwarding, logistics, and warehousing services are provided. |
Detailed competitors of First Flight Couriers
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Web traffic of First Flight Couriers
Websites that share an audience with First Flight Couriers (firstflight.net).
Websites whose visitors overlap most with First Flight Couriers. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
overnitenet.com | overnitenet.com | 100% | – | ||
| bluedart.com | 100% | 16.6M | #3,605 | View details | |
trackmycourier.com | trackmycourier.com | 99% | #2,817,986 | – | |
couriertrackingtool.in | couriertrackingtool.in | 99% | – | ||
365tracking.net | 365tracking.net | 98% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 28 similar websites and full traffic analytics for First Flight Couriers
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- 28 similar websites
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Top companies in Freight Forwarders
3 companies that operate in the same segment as First Flight Couriers (Freight Forwarders) in India, 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 | 397 | ||
Integrated supply chain and mobility solutions are provided globally. | 2009 | Mumbai, Maharashtra, India | USD 33.05 M | USD 745.97 M | 227 | |
Multi-modal freight transportation, warehousing, and logistics services are provided globally. | 1993 | Mumbai, Maharashtra, India | USD 18 M | USD 219.35 M | 2,622 |
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Related news about First Flight Couriers
Complete news archive for First Flight Couriers
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Frequently Asked Questions about First Flight Couriers
First Flight Couriers was founded in 1986 and raised its 1st funding round 21 years after it was founded.
First Flight Couriers is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
First Flight Couriers is a funded company, having raised a total of $25M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $25M, raised on Jun 2007.
First Flight Couriers has 26 employees.
The primary company behind First Flight Couriers, First Flight Couriers Limited, reported revenue of ₹337 Cr for FY 2017, down 23% year on year.
First Flight Couriers was established in 1986 in Mumbai, India, by founder O P Saboo. Operations focus on the logistics sector, offering multi-modal freight forwarding for personal, professional, and private packages across international routes. Services include online booking and real-time consignment tracking, supporting shipments to various global destinations from the companys base in India.
First Flight Couriers's top competitors include Allcargo Logistics and CJ Darcl.
First Flight Couriers has 1 investor. Key investors include Temasek.
First Flight Couriers operates through First Flight Couriers Limited.
The legal entities of First Flight Couriers currently have 3 directors, including Omprakash Motilal Saboo, Sharmeela Omprakash Saboo, Himmat Singh Lagad.