Fleetx

Gurugram, India Founded: 2017 • Age: 9 yrs
AI, IoT, and analytics are utilized for fleet management.
Annual revenue $7.0M Latest available
Total funding $26.4M 7 rounds
Employees 394 Tracked headcount
Investors 53 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Fleetx

Fleetx is a company based in Gurugram (India) founded in 2017 by Parveen Kumar Kataria, Vishal Misra, Abhay Jeet Gupta, and Vineet Sharma. Fleetx has raised $26.41 million across 7 funding rounds from investors including IndiaMART, LetsVenture and India Quotient. The company has 394 employees as of September 10, 2025. Fleetx offers products and services including Fleet Management System, Transport Management System, and Transport ERP. Fleetx operates in a competitive market with competitors including Samsara, Wright Express, Radius, Lytx and Platform Science, among others.

  • Headquarter Gurugram, India
  • Employees 394 as on 10 Sep, 2025
  • Founders Parveen Kumar Kataria, Vishal Misra, Abhay Jeet Gupta, Vineet Sharma
  • Stage Minicorn
  • Sectors
    Technology
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Fleetx Technologies Private Limited
  • Date of Incorporation 24 Jul, 2017
  • Jurisdiction Gurgaon, Haryana, India
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $7.03 M (USD)
    30.31
    as on Mar 31, 2024
  • Net Profit
    -$2.85 M (USD)
    55.08
    as on Mar 31, 2024
  • EBITDA
    -$2.21 M (USD)
    49.07
    as on Mar 31, 2024
  • Total Equity Funding
    $26.41 M (USD)

    in 7 rounds

  • Latest Funding Round
    Not available
  • Investors
    IndiaMART

    & 52 more

  • Employee Count
    394

    as on Sep 10, 2025

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Products & Services of Fleetx

Fleetx offers a comprehensive portfolio of products and services, including Fleet Management System, Transport Management System, and Transport ERP.

Product name locked
Category locked
Primary

Platform for tracking and optimizing vehicle fleets.

Product name locked
Category locked
Locked

System for handling consignments and freight audits.

Product name locked
Category locked
Locked

Tool for digital consignment recording and billing.

People of Fleetx

Headcount 50-200
Employee Profiles 9
Employee Profiles
People
Kameshwar Dutt
Team Lead Manager
People
Rahul Mehra
Assistant Manager
People
Vineet Sharma
CEO & Co-Founder
People
Poonam Gurnani
Manager - Key Account Management

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Funding Insights of Fleetx

Fleetx has successfully raised a total of $26.41M across 7 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 Fleetx

Fleetx has secured backing from 53 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include IndiaMART, LetsVenture and India Quotient.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investment in Indian startups across technology and fintech sectors.
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Early-stage venture capital fund
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Venture debt is provided to growth-stage companies for business scaling.
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Investor details for Fleetx

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 Fleetx

Investments
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Investment portfolio details for Fleetx

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Fleetx

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Detailed financials for Fleetx

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  • Historical revenue
  • Profit trends
  • Statement rows
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Fleetx Comparisons

Fleetx Primary company
Description
AI, IoT, and analytics are utilized for fleet management.
Location
Gurugram, India
Founded Year
2017
Annual Revenue
$7.03 M (USD)
Net Profit
-$2.85 M (USD)
EBITDA
-$2.21 M (USD)
Employees
394
As of 2025
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Peer comparison for Fleetx

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Competitors of Fleetx

Fleetx 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, Wright Express, Radius, Lytx and Platform Science, 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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Employee benefit administration and payment solutions are provided for enterprises.
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Predictive marketing and sales platform
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Provider of video telematics and fleet management solutions
Locked Locked Locked
Provider of integrated solutions for fleet management
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Fleet telematics and management solutions for safe driving are provided.
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Detailed competitors of Fleetx

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  • Full company profiles
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Latest news on Fleetx

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Complete news archive for Fleetx

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Fleetx

Fleetx was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Fleetx is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Vineet Sharma is the current CEO of Fleetx. They have also founded this company.

Fleetx is a funded company, having raised a total of $26.41M across 7 funding rounds to date.

As of Sep 10, 2025, the latest employee count at Fleetx is 394.

Annual revenue of Fleetx is $7.03M as on Mar 31, 2024.

Fleetx was founded in 2017 in Gurugram, India, within the logistics and transportation sector. AI-powered software is provided for fleet management, incorporating IoT and big data analytics to deliver real-time operational visibility. An integrated ERP system is included to track revenue, outstanding bills, deliveries, and vehicle-specific profit and loss across maintenance, tyre, and fuel costs. Additional features encompass predictive maintenance, consignment management, and fuel tracking.

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

Fleetx offers Fleet Management System, Transport Management System, and Transport ERP.

Fleetx has 53 investors. Key investors include IndiaMART, LetsVenture, India Quotient, Waveform Venture, and Beenext.

The valuation of Fleetx is $149.27M as of May 2025.

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