Fleetx

Gurugram, India Founded: 2017 • Age: 9 yrs
AI, IoT, and analytics are utilized for fleet management.
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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
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fleetx Technologies Private Limited
  • Date of Incorporation 24 Jul, 2017
  • Jurisdiction Gurgaon, Haryana, India
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Transportation, Automotive & Logistics → Road Transportation & Transit Systems
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
  • 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. 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.

Primary

Platform for tracking and optimizing vehicle fleets.

System for handling consignments and freight audits.

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.

  • Total Funding
  • Total Rounds 7
  • Last Round
  • First Round

    (16 Jan 2018)

  • Investors Count 53
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2025 Amount Series C - Fleetx Valuation IndiaMART , Beenext
Feb, 2022 Amount Series B - Fleetx Valuation IndiaMART
Nov, 2021 Amount Series A - Fleetx Valuation Stride Ventures , Stride Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investment in Indian startups across technology and fintech sectors.
Founded Year Domain Location
Early-stage venture capital fund
Founded Year Domain Location
Venture debt is provided to growth-stage companies for business scaling.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Fleetx

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Fleetx

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Fleetx Comparisons

Employees
+
Add Comparison
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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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
domain founded_year HQ Location
Employee benefit administration and payment solutions are provided for enterprises.
domain founded_year HQ Location
Predictive marketing and sales platform
domain founded_year HQ Location
Provider of video telematics and fleet management solutions
domain founded_year HQ Location
Provider of integrated solutions for fleet management
domain founded_year HQ Location
Fleet telematics and management solutions for safe driving are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Fleetx

Frequently Asked Questions about Fleetx

When was Fleetx founded?

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

Where is Fleetx located?

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

Who is the current CEO of Fleetx?

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

Is Fleetx a funded company?

Fleetx is a funded company, having raised a total of $26.41M across 7 funding rounds to date. The company's 1st funding round was a Series A of $161.18K, raised on Jan 16, 2018.

How many employees does Fleetx have?

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

What is the annual revenue of Fleetx?

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

What does Fleetx do?

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.

Who are the top competitors of Fleetx?

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

What products or services does Fleetx offer?

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

Who are Fleetx's investors?

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

What is Fleetx's valuation?

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

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