About FR8
FR8 is a Transportation, Automotive & Logistics company based in Chennai (India) founded in 2016 by Vasanth Immanuel and Jay Panneerselvam. Online truck booking and transportation services are facilitated. FR8 has raised $2.47 million across 6 funding rounds from investors including Northern Arc Capital, Shimshon Finance and Raja S Raghavan. The company has 424 employees. FR8 was last valued at $26.47 million in February 2022. Its chief executive, as recorded, is Vasanth Immanuel. Its website fr8.in draws about 39 thousand monthly visits. Its Indian entity Fr8 India Private Limited reported revenue of ₹601 Cr. FR8 offers products and services including Online Truck Booking App, Transportation Services, and Container Truck Transport. Its focus areas include Consumer, Logistics Tech, Freight and Trucking. Its competitors include BlackBuck, Vahak and Onmove; 3 of its 3 listed competitors have raised funding.
Company details
FR8 was founded in 2016 in Chennai, India, within the logistics sector. An online platform is operated to connect shippers with verified truck owners for goods transport. Real-time tracking, transparent pricing, and various truck types are included to support diverse needs. Flexible payment options are offered, with operations focused on streamlining logistics processes across India.
- Headquarters Chennai, India
- Employees 424
- Founders Vasanth Immanuel, Jay Panneerselvam
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Website category Business and Consumer Services · Shipping and Logistics
- Email••••••••
- Phone•••• ••••
- Website fr8.in
- Social LinkedIn X Facebook YouTube
- Legal Name New Olog Logistics Private Limited
- Date of Incorporation 17 Jun, 2016
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹601 Cr
FY 2025 · +32% YoY
- Net Profit₹2.57 Cr
FY 2025 · 0% margin
- EBITDA₹5.09 Cr
FY 2025 · 1% margin
- Total Equity Funding$2.47M (USD)
in 6 rounds
- Latest Funding Round$143.16K (USD), Series A
Feb 2022
- InvestorsNorthern Arc Capital
& 17 more
- Employee Count424
Associated legal entities of FR8
FR8 operates through Fr8 India 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 |
|---|---|---|---|---|---|---|---|
| Fr8 India Private Limited CIN U63000TN2016PTC110962 | Active | 17 Jun 2016 | Chennai, Tamil Nadu | ₹601 Cr | 504 | 3 | View details |
Products & Services of FR8
FR8 offers a comprehensive portfolio of products and services, including Online Truck Booking App, Transportation Services, and Container Truck Transport.
App for booking and tracking trucks for goods shipment
Services for hiring verified trucks across India
Specialized service for container-based goods delivery
Apps and channels of FR8
FR8 publishes 2 mobile apps with over 100K+ downloads; its YouTube channel FR8 has 9.02K subscribers and 30 videos.
Videos from FR8
The most watched videos on FR8's YouTube channel, FR8 (9.02K subscribers). Click a video to play it here.
More on FR8.
Funding Insights of FR8
FR8 has successfully raised a total of $2.47M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $143.16 thousand completed in February 2022. 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 $2.47M
- Total Rounds 6
- Last Round Series A — $143,160
- First Round $972,192
(Oct 2016)
- Investors Count 18
All 6 funding rounds of FR8 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 |
|---|---|---|---|---|---|
| Feb 2022 | $143,160 | Series A | $26.47M | Shimshon Finance | |
| Jun 2021 | $20,548 | Series A | $15.56M | Shimshon Finance | – |
| Feb 2020 | $77,092 | Angel Round | $••••• | Christina Rajkumar | |
| Jan 2018 | $1.26M | Series A | $••••• | Omnivore | – |
| Nov 2017 | $1.55M | Debt – Conventional | – | – | |
| Oct 2016 | $972,192 | Seed | $••••• | Omnivore | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2022 | $26.47M | •••••••• |
| Jun 2021 | $15.56M | •••••••• |
| Feb 2020 | $••••• | •••••••• |
| Jan 2018 | $••••• | •••••••• |
| Oct 2016 | $••••• | •••••••• |
Full valuation and stage history of FR8
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $26.47M (Feb 2022). 18 investors in total: 3 institutional and 15 angel.
Investors in FR8
FR8 has secured backing from 18 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Northern Arc Capital, Shimshon Finance and Raja S Raghavan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Agritech startups are funded by Omnivore, a venture capital entity. | omnivore.vc | Mumbai, India | ||
Financial advisory and insurance services are provided by Shimshon Finance. | shimshonfinance.tcc.mode | Mumbai, India | ||
Household and business loans are provided with risk management support. | 2006 | northernarc.com | Chennai, India | |
RS Raja S Raghavan | Angel investor, ex-Amazon, focused on early-stage Indian startups | unknown_599af8e00e744cbbb | ||
PN Paul Naveen Raj | unknown_c1dcd60fac9749539 | |||
RM Radha Muthian | unknown_ba5ce3010cf5422c8 | |||
MN Madhuri Nanda | unknown_5a6651252f044513b | |||
SP Siddharthan P | unknown_a33fc97922bd45f4b | |||
PR Premila Rajkumar | unknown_34b83d8f4f1e4d4a8 | |||
ME Murugantham Elango | unknown_d91e9accf9874f5e8 |
Investor details for FR8
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Fr8 India Private Limited (FR8)
Fr8 India Private Limited is the primary company behind FR8. The board of Fr8 India Private Limited currently have 2 directors; the longest-serving is Jayendran Panneerselvam, appointed in 2016. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jayendran Panneerselvam DIN 06948904 | Director | 17 Jun 2016 | 10 yrs 4 mo | Fr8 India Private Limited |
| Devaraj Immanuel Vasanth DIN 05263722 | Managing Director | 17 Jun 2016 | 10 yrs 4 mo | Fr8 India Private Limited |
People of FR8
6 people are tracked at FR8 (3 in leadership, 3 in team); the tracked headcount is 424.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Jay Panneerselvam | Co-Founder | Leadership |
Raja M Murthy | Operations Head | Leadership |
Dikshit Bhakuni | Senior Officer Sales and operations | Team |
Ragunath Sharma | Operations Team Member | Team |
Mintu Rajbongshi | sales and operation officer | Team |
Complete people profiles for FR8
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of FR8
Figures of Fr8 India Private Limited, the primary company behind FR8, for FY 2025. Revenue was ₹601 Cr (+32% year on year). Net profit was ₹2.57 Cr (0% margin). EBITDA was ₹5.09 Cr (1% margin). Revenue has grown at a compounded annual rate of +321% over three years and +193% over five years.
- ₹601 CrRevenue · FY 2025 · +32% YoY
- ₹2.57 CrNet profit · 0% margin
- ₹5.09 CrEBITDA · 1% margin
- ₹76.4 LakhPaid-up capital
- 504Employees (provident fund records)
- +321%Revenue CAGR, 3 years
- +193%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Fr8 India Private Limited are on its company page.
Detailed financial statements for FR8
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of FR8
4 dated milestones of FR8 across 6 years, from founding to its latest funding, stage changes and deals.
- Founded FR8 is founded.
- Funding First funding round of $972K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $143K.
Competitors of FR8
FR8 has 3 listed competitors in our database, 3 of them funded. They include BlackBuck, Vahak and Onmove.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blackbuck.com | 2015 | Bengaluru, India | $358.82M | 1,545 | Fleet operators are connected with truckers through a digital marketplace. | |
| vahak.in | 2017 | Bengaluru, India | $25.89M | 174 | An app-based marketplace is operated for cargo transportation bookings. | |
| onmove.in | 2016 | Gurugram, India | $17.53M | 245 | Technology-enabled platform for transportation management services |
Detailed competitors of FR8
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Web traffic of FR8
The website of FR8 (fr8.in) receives about 39.1K visits a month and ranks #337,790 among all websites worldwide, #1,725 in Shipping and Logistics.
- Monthly visits39.1K
▼ 40.8% vs previous month
- Unique visitors13.5K
per month
- Global rank#337,790
among all websites
- Category rank#1,725
Business and Consumer Services · Shipping and Logistics
- Bounce rate25%
- Pages per visit12.1
- Average visit9 min 29 sec
- DevicesDesktop 46% · Mobile 54%
Websites whose visitors overlap most with FR8. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| trukky.com | 100% | 44.4K | #649,141 | View details | |
| truckguru.co.in | 98% | 24.5K | #711,451 | View details | |
| trucksuvidha.com | 92% | 18K | #2,043,359 | View details | |
| ontruck.com | 92% | 14K | #1,643,285 | View details | |
| navata.com | 92% | #741,058 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 32 similar websites and full traffic analytics for FR8
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- 32 similar websites
- Audience overlap
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Verified entity values are shown only after access is granted.
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as FR8 (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.37 B | USD 1.12 B | 23,536 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 |
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Related news about Fr8
Complete news archive for FR8
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Frequently Asked Questions about FR8
FR8 was founded in 2016.
FR8 is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Vasanth Immanuel is the CEO of FR8, as recorded in our data. They have also founded this company.
FR8 is a funded company, having raised a total of $2.47M across 6 funding rounds to date. The company's 1st funding round was a Seed of $972.19K, raised on Oct 2016.
FR8 has 424 employees.
The primary company behind FR8, Fr8 India Private Limited, reported revenue of ₹601 Cr for FY 2025, up 32% year on year.
FR8 was founded in 2016 in Chennai, India, within the logistics sector. An online platform is operated to connect shippers with verified truck owners for goods transport. Real-time tracking, transparent pricing, and various truck types are included to support diverse needs. Flexible payment options are offered, with operations focused on streamlining logistics processes across India.
FR8 offers Online Truck Booking App, Transportation Services, and Container Truck Transport.
FR8 has 18 investors. Key investors include Northern Arc Capital, Shimshon Finance, Raja S Raghavan, Paul Naveen Raj, and Radha Muthian.
The valuation of FR8 is $26.47M as of Feb 2022.
FR8 operates through Fr8 India Private Limited.