About FreightFox
FreightFox is a company based in Pune (India) founded in 2020 by Nitish Rai, Dhananjaya Shetty, Vikas Singh, and Sandeep Mukhopadhyay.. FreightFox has raised $873.46 thousand across 2 funding rounds from investors including TQM International, Aeravti Ventures and Mitul Bid. The company has 1 employees as of April 10, 2024. FreightFox offers products and services including Freight Procure, Freight Manage, Freight IQ, and Freight Sustainability. FreightFox operates in a competitive market with competitors including Freight Tiger, Logospot, LogiNext, Shipwell and PCS Software, among others.
- Headquarter Pune, India
- Employees 1 as on 10 Apr, 2024
- Founders Nitish Rai, Dhananjaya Shetty, Vikas Singh, Sandeep Mukhopadhyay
- Stage Minicorn
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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
*********
- Legal Name Nimblelogik Private Limited
- Date of Incorporation 08 Oct, 2020
- Jurisdiction Haveli, Maharashtra, India
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Annual Revenue
$79.56 K (USD)1095.32as on Mar 31, 2022
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Net Profit
$-165.56 K (USD)-208.62as on Mar 31, 2022
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EBITDA
$-134.22 K (USD)-231.12as on Mar 31, 2022
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Total Equity Funding
$873.46 K (USD)
in 2 rounds
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Latest Funding Round
$600 K (USD), Seed
Oct 04, 2023
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Investors
TQM International
& 4 more
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Employee Count
1
as on Apr 10, 2024
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Products & Services of FreightFox
FreightFox offers a comprehensive portfolio of products and services, including Freight Procure, Freight Manage, Freight IQ, and Freight Sustainability. 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.
Manages end-to-end freight procurement cycles for supply chains
Oversees freight movement and operations across networks
Provides real-time intelligence on freight market dynamics
Reduces carbon footprint through responsible freight operations
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Funding Insights of FreightFox
FreightFox has successfully raised a total of $873.46K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $600 thousand completed in October 2023. 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 Funding
- Total Rounds 2
- Last Round Seed — $600,000
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First Round
First Round
(04 Jan 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Seed - FreightFox | Valuation | Aeravti Ventures |
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| Jan, 2021 | Amount | Seed - FreightFox | Valuation | TQM International |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 FreightFox
FreightFox has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include TQM International, Aeravti Ventures and Mitul Bid. 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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Venture capital firm investing in deep-tech, climate-tech, and agri-tech sectors with a focus on integrated bottom line values.
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Founded Year | Domain | Location | |
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Quality management consultancy, training, and ICT services are provided by TQMI.
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Founded Year | Domain | Location | |
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MB
Mitul Bid |
Angel investor and entrepreneur, focused on tech startups in India.
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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 FreightFox
| 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 - FreightFox
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Freightfox Comparisons
Competitors of FreightFox
FreightFox 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 Freight Tiger, Logospot, LogiNext, Shipwell and PCS Software, 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 |
Freight and logistics are managed via web-based platform.
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| domain | founded_year | HQ Location |
SaaS-based transport management solutions are provided by LogiSpot.
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| domain | founded_year | HQ Location |
Cloud-based AI platform for transportation management and optimization is provided.
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| domain | founded_year | HQ Location |
Online booking platform for freight transportation
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| domain | founded_year | HQ Location |
AI & SaaS-driven transportation management software solution provider
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| domain | founded_year | HQ Location |
A web-based transportation management system is provided for logistics operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Freightfox
Frequently Asked Questions about FreightFox
When was FreightFox founded?
FreightFox was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is FreightFox located?
FreightFox is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Who is the current CEO of FreightFox?
Nitish Rai is the current CEO of FreightFox. They have also founded this company.
Is FreightFox a funded company?
FreightFox is a funded company, having raised a total of $873.46K across 2 funding rounds to date. The company's 1st funding round was a Seed of $273.46K, raised on Jan 04, 2021.
How many employees does FreightFox have?
As of Apr 10, 2024, the latest employee count at FreightFox is 1.
What is the annual revenue of FreightFox?
Annual revenue of FreightFox is $79.56K as on Mar 31, 2022.
What does FreightFox do?
FreightFox was founded in 2020 in Pune, India, as a provider of an AI-based platform for freight transport management. Mobile and web-based solutions are offered to handle end-to-end logistics operations, spanning procurement to payment processes. Real-time tracking across carriers is enabled, along with emissions monitoring, freight rate recommendations, vendor collaboration tools, and analysis of lane vendor rates. Operations focus on the logistics sector.
Who are the top competitors of FreightFox?
FreightFox's top competitors include LogiNext, Freight Tiger and Shipwell.
What products or services does FreightFox offer?
FreightFox offers Freight Procure, Freight Manage, Freight IQ, and Freight Sustainability.
Who are FreightFox's investors?
FreightFox has 5 investors. Key investors include TQM International, Aeravti Ventures, Mitul Bid, Nikhil Prasad, and Varun Jain.
What is FreightFox's valuation?
The valuation of FreightFox is $1.35M as of Jan 2021.
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