About Flo Group
Flo Group is a Transportation, Automotive & Logistics company based in Rotterdam (Netherlands) founded in 2007, and was acquired by Accenture in March 2024. Flo Group is acquired by Accenture to enhance Oracle supply chain solutions. It operates on a SaaS (Software-as-a-Service) and Managed Services model. The company has 145 employees. Its Indian entity Flo It Services Private Limited reported revenue of ₹36.44 Cr. Flo Group offers products and services including Evolv Carrier Solution, Evolv Data Loader, and Evolv Test Accelerator. Its focus areas include Technology, Software and Supply Chain Management.
Company details
Flo Group, now part of Accenture, is focused on optimizing supply chain management through Oracle technology. Services are provided to improve agility, resilience, and operational excellence across various industries. Solutions such as Evolv Carrier Solution, Evolv Data Loader, and Evolv Test Accelerator are offered to address logistics, data management, and testing needs. Integration with Oracle Transportation Management is emphasized to ensure seamless operations and innovation in supply chain infrastructure.
- Headquarters Rotterdam, Netherlands
- Employees 145
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website flo-group.com
- Social LinkedIn Facebook Instagram
- Acquired by Accenture (Mar 2024)
- Legal Name Flo It Services Private Limited
- Date of Incorporation 07 Mar, 2011
- Jurisdiction Pune, Maharashtra, India
Associated legal entities of Flo Group
Flo Group operates through Flo It Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Flo It Services Private Limited CIN U72900PN2011FTC169598 | Active | 07 Mar 2011 | Pune, Maharashtra | ₹36.4 Cr | 145 | 3 | View details |
Products & Services of Flo Group
Flo Group offers a comprehensive portfolio of products and services, including Evolv Carrier Solution, Evolv Data Loader, and Evolv Test Accelerator.
Data exchange with carriers is facilitated through portal.
Reliable data loading is enabled for business users.
Comprehensive test coverage is provided for Oracle solutions.
Investors in Flo Group
Flo Group has secured backing from 1 investor. Prominent investors backing the company include Accenture.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | accenture.com. | - |
Investor details for Flo Group
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Board of directors of Flo It Services Private Limited (Flo Group)
Flo It Services Private Limited is the primary company behind Flo Group. The board of Flo It Services Private Limited currently have 3 directors; the longest-serving is Gopalan Vasudevan, appointed in 2016. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gopalan Vasudevan DIN 07448798 | Director | 01 Jul 2016 | 10 yrs 3 mo | Flo It Services Private Limited |
| Pravin Kankane DIN 08444659 | Director | 27 May 2019 | 7 yrs 4 mo | Flo It Services Private Limited |
| Manickavasagam Uppiliyappan DIN 06714333 | Director | 01 Apr 2020 | 6 yrs 6 mo | Flo It Services Private Limited |
Financials of Flo Group
Figures of Flo It Services Private Limited, the primary company behind Flo Group, for FY 2025. Revenue was ₹36.44 Cr (-6% year on year). Net profit was ₹66.9 Lakh (2% margin). EBITDA was ₹5.13 Cr (14% margin). Revenue has grown at a compounded annual rate of +30% over three years and +19% over five years.
- ₹36.44 CrRevenue · FY 2025 · -6% YoY
- ₹66.9 LakhNet profit · 2% margin
- ₹5.13 CrEBITDA · 14% margin
- ₹2.6 LakhPaid-up capital
- 145Employees (provident fund records)
- +30%Revenue CAGR, 3 years
- +19%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Flo It Services Private Limited are on its company page.
Detailed financial statements for Flo Group
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Flo Group
2 dated milestones of Flo Group across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Flo Group is founded.
- Exit Acquired by Accenture.
Top companies in Warehousing
10 companies that operate in the same segment as Flo Group (Warehousing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Sustainable supply chain solutions are delivered via asset pooling. | 2013 | Mumbai, Maharashtra, India | USD 214.47 M | USD 30.93 M | 246 | |
Autonomous mobile robots are supplied for warehouse operations. | 2015 | Beijing, Beijing, China | USD 532.19 M | USD 441.92 M | 722 | |
Integrated supply chain and mobility solutions are provided globally. | 2009 | Mumbai, Maharashtra, India | USD 33.05 M | USD 745.97 M | 4,100 | |
Multi-modal freight transportation, warehousing, and logistics services are provided globally. | 1993 | Mumbai, Maharashtra, India | USD 18 M | USD 219.35 M | 557 | |
Precision engineering solutions for automotive and non-automotive sectors. | 1981 | Bengaluru, Karnataka, India | – | USD 283.29 M | 4,783 | |
Provider of integrated road and rail cargo transportation and warehousing solutions | 2010 | Delhi, Delhi, India | USD 5.09 M | USD 58.94 M | 577 | |
Integrated temperature-controlled logistics services are provided for sensitive products. | 1993 | Delhi, Delhi, India | USD 10.4 M | USD 64.38 M | 542 | |
Lineage is recognized as a leader in cold storage and logistics solutions. | 2012 | Novi, Michigan, United States | USD 5.03 B | USD 5.36 B | 26,000 | |
Freight shipping, logistics, and supply chain solutions are provided globally. | 1935 | Green Bay, Wisconsin, United States | – | USD 5.67 B | 19,400 | |
Marketplace for self-storage units is provided to customers. | 1972 | Los Angeles, California, United States | – | USD 4.82 B | 5,900 |
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Related news about Flo Group
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Frequently Asked Questions about Flo Group
Flo Group was founded in 2007.
Flo Group is headquartered in Rotterdam, Netherlands. It is registered at Rotterdam, South Holland, Netherlands.
Flo Group has 145 employees.
The primary company behind Flo Group, Flo It Services Private Limited, reported revenue of ₹36.44 Cr for FY 2025, down 6% year on year.
Flo Group, now part of Accenture, is focused on optimizing supply chain management through Oracle technology. Services are provided to improve agility, resilience, and operational excellence across various industries. Solutions such as Evolv Carrier Solution, Evolv Data Loader, and Evolv Test Accelerator are offered to address logistics, data management, and testing needs. Integration with Oracle Transportation Management is emphasized to ensure seamless operations and innovation in supply chain infrastructure.
Flo Group offers Evolv Carrier Solution, Evolv Data Loader, and Evolv Test Accelerator.
Flo Group has 1 investor. Key investors include Accenture.
Flo Group operates through Flo It Services Private Limited.
Yes. Flo Group was acquired by Accenture in March 2024.
The legal entities of Flo Group currently have 3 directors, including Gopalan Vasudevan, Pravin Kankane, Manickavasagam Uppiliyappan.