About Forward Parcel
Forward Parcel is a company based in Hyderabad (India) founded in 2018 by Rajesh Garu and Chetana Priyanka Somavarapu.. Forward Parcel operates in a competitive market with competitors including Shippn, MyUS.com, Edfa3ly, Sealed and Yollando, among others.
- Headquarter Hyderabad, India
- Founders Rajesh Garu, Chetana Priyanka Somavarapu
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Fwdparcel Logistics Private Limited
- Date of Incorporation 27 Jul, 2018
- Jurisdiction Kondapur, Telangana, India
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Annual Revenue
$189.89 K (USD)63.08as on Mar 31, 2022
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Net Profit
$-16.43 K (USD)-50.26as on Mar 31, 2022
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EBITDA
$16.86 K (USD)-32.21as on Mar 31, 2022
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Funding Insights of Forward Parcel
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2021 | Amount | Angel Round - Forward Parcel | Valuation | Manthena Soumya |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Forward Parcel
Forward Parcel has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Manthena Soumya. 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.
| Investor | Description | Founded Year | Domain | Location |
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Manthena Soumya |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Forward Parcel
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Forward Parcel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Forward Parcel Comparisons
Competitors of Forward Parcel
Forward Parcel 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 Shippn, MyUS.com, Edfa3ly, Sealed and Yollando, 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 |
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| domain | founded_year | HQ Location |
Cross-border e-commerce storage and shipping are enabled via online marketplace.
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| domain | founded_year | HQ Location |
Cross border ecommerce and shipping
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| domain | founded_year | HQ Location |
Cross-border package shipping is managed via an online platform.
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| domain | founded_year | HQ Location |
Expert insights from Southeast Asia are connected to global organizations.
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| domain | founded_year | HQ Location |
Cross-border deliveries from Turkish online stores are enabled globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Forward Parcel
Frequently Asked Questions about Forward Parcel
When was Forward Parcel founded?
Forward Parcel was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Forward Parcel located?
Forward Parcel is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
What is the annual revenue of Forward Parcel?
Annual revenue of Forward Parcel is $189.89K as on Mar 31, 2022.
What does Forward Parcel do?
Forward Parcel was founded in 2018 in Hyderabad, India, as an online platform in the e-commerce logistics sector. Proxy addresses are offered to users for purchasing items from Indian offline and online stores, with subsequent forwarding to international destinations. Services include shipping cost calculations, parcel tracking, secure payments, and optional repackaging. Operations are facilitated through web and Android app interfaces.
Who are the top competitors of Forward Parcel?
Who are Forward Parcel's investors?
Forward Parcel has 1 investor. Key investors include Manthena Soumya.
What is Forward Parcel's valuation?
The valuation of Forward Parcel is $91.45K as of Jan 2021.