About Fullfily
Fullfily is a Transportation, Automotive & Logistics company based in Chennai (India) founded in 2021 by Ashok Viswanathan, Ranjith R, and Kalladiyenthal Kasinathan Premkumar. Electric delivery vehicles are rented via an online platform. Fullfily has raised $1.78 million across 4 funding rounds from investors including Angel List, LetsVenture and TNIFMC. Fullfily was last valued at $6.54 million in April 2024. Its chief executive, as recorded, is Ashok Viswanathan. Its Indian entity Lightzip Technologies Private Limited reported revenue of ₹10.40 Cr. Its focus areas include Consumer, Logistics Tech, Parcel and Electric Delivery Vehicles. Its competitors include Zypp Electric, Yulu and Alt Mobility; 3 of its 3 listed competitors have raised funding.
Company details
Fullfily was founded in 2021 in Chennai, India, as an online platform focused on electric vehicle rentals for delivery purposes. Users are enabled to rent vehicles by submitting location data, personal details, and payment information. Services encompass vehicle rental options and associated delivery logistics within the mobility sector. Operations are centered in India, supporting urban logistics needs through sustainable electric transport solutions.
- Headquarters Chennai, India
- Founders Ashok Viswanathan, Ranjith R, Kalladiyenthal Kasinathan Premkumar
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Website fullfily.com
- Social LinkedIn X Facebook
- Legal Name Lightzip Technologies Private Limited
- Date of Incorporation 04 Aug, 2021
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹10.40 Cr
FY 2024 · +233% YoY
- Net Loss-₹8.62 Cr
FY 2024 · -83% margin
- EBITDA-₹8.44 Cr
FY 2024 · -81% margin
- Total Equity Funding$1.78M (USD)
in 4 rounds
- Latest Funding Round$98.28K (USD), Seed
Apr 2024
- InvestorsAngel List
& 12 more
Associated legal entities of Fullfily
Fullfily operates through Lightzip Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Lightzip Technologies Private Limited CIN U63030TN2021PTC145272 | Active | 04 Aug 2021 | Chennai, Tamil Nadu | ₹10.4 Cr | 64 | 4 | View details |
Apps and channels of Fullfily
Fullfily publishes 1 mobile app with over 50 downloads.
Funding Insights of Fullfily
Fullfily has successfully raised a total of $1.78M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $98.28 thousand completed in April 2024. 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 $1.78M
- Total Rounds 4
- Last Round Seed — $98,276
- First Round $59,798
(Feb 2022)
- Investors Count 13
All 4 funding rounds of Fullfily 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 |
|---|---|---|---|---|---|
| Apr 2024 | $98,276 | Seed | $6.54M | She1K | – |
| Jul 2023 | $1.44M | Seed | – | TNIFMC | |
| Nov 2022 | $178,615 | Seed | $4.72M | Orbit Startups, SOSV | – |
| Feb 2022 | $59,798 | Seed | $••••• | Asset On Cloud Solutions | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2024 | $6.54M | •••••••• |
| Nov 2022 | $4.72M | •••••••• |
| Feb 2022 | $••••• | •••••••• |
Full valuation and stage history of Fullfily
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
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Last known valuation $6.54M (Apr 2024). 13 investors in total: 11 institutional and 2 angel.
Investors in Fullfily
Fullfily has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, LetsVenture and TNIFMC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Angel networks and startup acceleration are focused on multiple sectors. | she1k.com | Singapore, Singapore | ||
Investment management for thematic funds in affordable housing, emerging sectors, and climate initiatives. | 2015 | tnifmc.com | Chennai, India | |
Venture capital and accelerator services are provided across multiple sectors. | sosv.com | Cork, Ireland | ||
Early-stage startups are accelerated and funded across Asia. | acceleratingasia.com | Singapore, Singapore | ||
Angel network and startup accelerator focused on healthtech, agritech, AI, fintech, SaaS, and multiple sectors | 888vc.co | Bengaluru, India | ||
Startups are incubated across sectors without restrictions. | orbitstartups.com | Shanghai, China | ||
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth | 2013 | letsventure.com | Bengaluru, India | |
Provides high-quality imported marble and stones for architectural and design needs. | fatehstones.com | Bengaluru, India | ||
Alternative investment platform for startups and investors is operated. | 2010 | angellist.com | San Francisco, United States | |
| opencanvas.tcc.mode |
Investor details for Fullfily
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Lightzip Technologies Private Limited (Fullfily)
Lightzip Technologies Private Limited is the primary company behind Fullfily. The board of Lightzip Technologies Private Limited currently have 4 directors; the longest-serving is Ashok Viswanath, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashok Viswanath DIN 09093453 | Director | 04 Aug 2021 | 5 yrs 2 mo | Lightzip Technologies Private Limited |
| Praveenkumar Balaji DIN 09268663 | Director | 04 Aug 2021 | 5 yrs 2 mo | Lightzip Technologies Private Limited |
| Kalladiyenthal Kasinathan Premkumar DIN 09268664 | Director | 04 Aug 2021 | 5 yrs 2 mo | Lightzip Technologies Private Limited |
| Rajavel Ranjith DIN 09268665 | Director | 04 Aug 2021 | 5 yrs 2 mo | Lightzip Technologies Private Limited |
People of Fullfily
3 people are tracked at Fullfily (3 in leadership).
| Name | Role | Group |
|---|---|---|
Ashok Viswanathan | Co-Founder & CEO | Leadership |
Ranjith R | Co-Founder | Leadership |
| Co-Founder | Leadership |
Complete people profiles for Fullfily
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Fullfily
Figures of Lightzip Technologies Private Limited, the primary company behind Fullfily, for FY 2024. Revenue was ₹10.40 Cr (+233% year on year). Net loss was -₹8.62 Cr (-83% margin). EBITDA was -₹8.44 Cr (-81% margin).
- ₹10.40 CrRevenue · FY 2024 · +233% YoY
- -₹8.62 CrNet loss · -83% margin
- -₹8.44 CrEBITDA · -81% margin
- ₹10.7 LakhPaid-up capital
- 64Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Lightzip Technologies Private Limited are on its company page.
Detailed financial statements for Fullfily
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Fullfily
4 dated milestones of Fullfily across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Fullfily is founded.
- Funding First funding round of $60K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $98K.
Competitors of Fullfily
Fullfily has 3 listed competitors in our database, 3 of them funded. They include Zypp Electric, Yulu and Alt Mobility.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zypp.app | 2017 | Gurugram, India | $50.34M | 913 | Electric vehicles are supplied for last-mile delivery and rental needs. | |
| yulu.bike | 2017 | Bengaluru, India | $124.54M | 185 | Shared electric two-wheelers are rented via an online platform. | |
| alt-mobility.com | 2020 | Delhi, India | $17.25M | 44 | Electric vehicle leasing and lifecycle management are offered to businesses. |
Detailed competitors of Fullfily
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Top companies in Automotive Retail & Aftersales
3 companies that operate in the same segment as Fullfily (Automotive Retail & Aftersales) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
General and life insurance products are provided across multiple categories. | 2016 | Bengaluru, Karnataka, India | USD 462.45 M | USD 1.12 B | 4,589 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 741.46 M | USD 446.48 M | 5,812 |
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Related news about Fullfily
Complete news archive for Fullfily
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Frequently Asked Questions about Fullfily
Fullfily was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Fullfily is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Ashok Viswanathan is the CEO of Fullfily, as recorded in our data. They have also founded this company.
Fullfily is a funded company, having raised a total of $1.78M across 4 funding rounds to date. The company's 1st funding round was a Seed of $59.8K, raised on Feb 2022.
The primary company behind Fullfily, Lightzip Technologies Private Limited, reported revenue of ₹10.40 Cr for FY 2024, up 233% year on year.
Fullfily was founded in 2021 in Chennai, India, as an online platform focused on electric vehicle rentals for delivery purposes. Users are enabled to rent vehicles by submitting location data, personal details, and payment information. Services encompass vehicle rental options and associated delivery logistics within the mobility sector. Operations are centered in India, supporting urban logistics needs through sustainable electric transport solutions.
Fullfily's top competitors include Yulu, Zypp Electric and Alt Mobility.
Fullfily has 13 investors. Key investors include Angel List, LetsVenture, TNIFMC, She1K, and SOSV.
The valuation of Fullfily is $6.54M as of Apr 2024.
Fullfily operates through Lightzip Technologies Private Limited.
The legal entities of Fullfily currently have 4 directors, including Ashok Viswanath, Praveenkumar Balaji, Kalladiyenthal Kasinathan Premkumar and others.
Yes. Fullfily publishes Fullfily Flyers, with over 50 downloads.