About Freightwalla
Freightwalla is a company based in Mumbai (India) founded in 2016 by Bharat Thanvi and Sanjay Bhatia. It operates as a SaaS (Software-as-a-Service), and Professional Services. Freightwalla has raised $4.88 million across 4 funding rounds from investors including BlackSoil, Kae Capital and FJ Labs. The company has 26 employees as of March 31, 2023. Freightwalla offers products and services including Digital Freight Forwarding, Cargo Tracker, and Custom Clearance. Freightwalla operates in a competitive market with competitors including WiseTech Global, Magaya Corporation, GoComet, RXO and SHIPSTA, among others.
- Headquarter Mumbai, India
- Employees 26 as on 31 Mar, 2023
- Founders Bharat Thanvi, Sanjay Bhatia
- 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 Btj Logistics Pvt. Ltd.
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Annual Revenue
$19.49 M (USD)131as on Mar 31, 2022
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Net Profit
$-571.09 K (USD)2as on Mar 31, 2022
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EBITDA
$-519.34 K (USD)2as on Mar 31, 2022
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Total Equity Funding
$4.88 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
BlackSoil
& 10 more
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Employee Count
26
as on Mar 31, 2023
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Products & Services of Freightwalla
Freightwalla offers a comprehensive portfolio of products and services, including Digital Freight Forwarding, Cargo Tracker, and Custom Clearance. 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.
Digital platform for ocean freight forwarding is provided.
Real-time cargo tracking service is offered to clients.
Custom clearance services are facilitated for smooth operations.
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Funding Insights of Freightwalla
Freightwalla has successfully raised a total of $4.88M across 4 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 Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(12 Dec 2016)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Debt – Venture - Freightwalla | Valuation |
investors |
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| Dec, 2019 | Amount | Series A - Freightwalla | Valuation | Amplo , FJ Labs | |
| Apr, 2018 | Amount | Seed - Freightwalla | Valuation | Kae Capital |
| 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 Freightwalla
Freightwalla has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include BlackSoil, Kae Capital and FJ Labs. 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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African software startups are funded by Amplo venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
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Founded Year | Domain | Location | |
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Early-stage investing in 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 Freightwalla
| 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 - Freightwalla
| 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 |
Freightwalla Comparisons
Competitors of Freightwalla
Freightwalla 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 WiseTech Global, Magaya Corporation, GoComet, RXO and SHIPSTA, 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 |
Cloud-based logistics software suite is provided for supply chain management.
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| domain | founded_year | HQ Location |
Cloud-based supply chain and logistics software is offered to businesses.
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| domain | founded_year | HQ Location |
AI-powered multimodal logistics platform for end-to-end supply chain digitization
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| domain | founded_year | HQ Location |
Cloud based platform providing freight forwarding solutions
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| domain | founded_year | HQ Location |
Cloud-based software for freight forwarding and transport streamlining is offered.
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| domain | founded_year | HQ Location |
Raft is recognized as a leading AI and logistics platform.
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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 Freightwalla
Frequently Asked Questions about Freightwalla
When was Freightwalla founded?
Freightwalla was founded in 2016.
Where is Freightwalla located?
Freightwalla is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Freightwalla?
Sanjay Bhatia is the current CEO of Freightwalla. They have also founded this company.
Is Freightwalla a funded company?
Freightwalla is a funded company, having raised a total of $4.88M across 4 funding rounds to date. The company's 1st funding round was a Seed of $794.23K, raised on Dec 12, 2016.
How many employees does Freightwalla have?
As of Mar 31, 2023, the latest employee count at Freightwalla is 26.
What is the annual revenue of Freightwalla?
Annual revenue of Freightwalla is $19.49M as on Mar 31, 2022.
What does Freightwalla do?
Freightwalla is established as a digital freight forwarding platform focused on ocean freight logistics. Services are provided to international and Indian importersexporters, as well as freight forwarders. Solutions are offered for planning, costing, tracking, and customs clearance. The platform is designed to simplify supply chain processes through digitized workflows, real-time updates, and intelligent analytics. Operations are supported in the transportation sector with an emphasis on transparency and efficiency.
Who are the top competitors of Freightwalla?
Freightwalla's top competitors include WiseTech Global, GoComet and Magaya Corporation.
What products or services does Freightwalla offer?
Freightwalla offers Digital Freight Forwarding, Cargo Tracker, and Custom Clearance.
Who are Freightwalla's investors?
Freightwalla has 11 investors. Key investors include BlackSoil, Kae Capital, FJ Labs, Amplo, and Rogue One Capital.
What is Freightwalla's valuation?
The valuation of Freightwalla is $2.16M as of Apr 2018.
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