Future Supply Chains

Mumbai, India Founded: 2006 • Age: 20 yrs Listed Acquired By Reliance Retail
Third-party supply chain and logistics services are provided globally.

About Future Supply Chains

Future Supply Chains is a publicly listed company based in Mumbai (India) founded in 2006, and was acquired by Reliance Retail in August 2020. Third-party supply chain and logistics services are provided globally. Future Supply Chains has raised $87 million across 3 funding rounds from investors including Reliance Retail, Nippon Express and SSG Capital Management. The company has 815 employees. Future Supply Chains has completed 2 acquisitions, including Brattle Foods and Vulcan Express. Its Indian entity Future Supply Chain Solutions Limited reported revenue of ₹500 Cr. Its focus areas include Transportation and Logistics, Trucking, Horizontal and Warehousing.

Company details

Future Supply Chains was established in 2006 in Mumbai, India, as a third-party provider in the logistics and supply chain sector. Operations are focused on managing end-to-end supply chain solutions, including warehousing, transportation, and distribution services. The company supports various industries through its network in India and beyond, with headquarters based in Mumbai. Services are tailored to optimize efficiency for clients in manufacturing and retail sectors.

  • Headquarters Mumbai, India
  • Employees 815
  • Stage Acquired
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ••••••••
  • Website futuresupplychains.com
  • Social LinkedIn
  • Acquired by Reliance Retail (Aug 2020)
  • Legal Name Future Supply Chain Solutions Ltd.
Key Metrics
  • Annual Revenue
    ₹500 Cr

    FY 2021 · -57% YoY

  • Net Loss
    -₹184 Cr

    FY 2021 · -37% margin

  • EBITDA
    ₹79.33 Cr

    FY 2021 · 16% margin

  • Total Equity Funding
    $87M (USD)

    in 3 rounds

  • Latest Funding Round
    $35.35M (USD), Post-IPO

    Sep 2019

  • Investors
  • Employee Count
    815
  • Investments & Acquisitions
  • Acquired by

Funding Insights of Future Supply Chains

Future Supply Chains has successfully raised a total of $87M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $35.35 million completed in September 2019. 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 $87M
  • Total Rounds 3
  • Last Round Post-IPO — $35.35M
  • First Round $87M

    (Apr 2016)

  • Investors Count 2

All 3 funding rounds of Future Supply Chains with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2019$35.35MPost-IPO––
Jun 2017Private Equity Round––
–
Apr 2016$87MPrivate Equity Round–SSG Capital Management
–
Valuation history

3 investors in total: 3 institutional.

Investors in Future Supply Chains

Future Supply Chains has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Reliance Retail, Nippon Express and SSG Capital Management.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Special situations and credit investments in Asia are managed.
2009ssgasia.comGeorge Town, Cayman Islands
Global third-party logistics services are offered by Nippon Express.
1937nipponexpress.comTokyo, Japan
Retail chain offering diversified products
2006relianceretail.comMumbai, India
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Investor details for Future Supply Chains

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Board of directors of Future Supply Chain Solutions Limited (Future Supply Chains)

Future Supply Chain Solutions Limited is the primary company behind Future Supply Chains. The board of Future Supply Chain Solutions Limited currently have 7 directors; the longest-serving is Rakesh Gopikishan Biyani, appointed in 2007. 23 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rakesh Gopikishan Biyani
DIN 00005806
Director13 Jul 200719 yrs 3 moFuture Supply Chain Solutions Limited
Mayur Toshniwal
DIN 01655776
Director05 Aug 20179 yrs 3 moFuture Supply Chain Solutions Limited
Amar Sapra
DIN 05178849
Director05 Aug 20179 yrs 3 moFuture Supply Chain Solutions Limited
Shinichi Kakiyama
DIN 09193850
Director24 Jun 20215 yrs 4 moFuture Supply Chain Solutions Limited
Vairavan Thangavelu
DIN 10649737
CFO07 Feb 20224 yrs 9 moFuture Supply Chain Solutions Limited
Rohit Malhotra
DIN 07663003
Additional Director30 Jun 20224 yrs 4 moFuture Supply Chain Solutions Limited
Smeeta Neogi
DIN 09638029
Additional Director30 Jun 20224 yrs 4 moFuture Supply Chain Solutions Limited

People of Future Supply Chains

53 people are tracked at Future Supply Chains (4 in leadership, 3 in board & advisors, 46 in team); the tracked headcount is 815.

NameRoleGroup
Prasad Akshintala S R
Vice President & Head - Centre Of ExcellenceLeadership
Madhuresh Kumar
Head Of Department (project &facilities- Sz)Leadership
Vairavan Thangavelu - Mba
Dy. Chief Financial OfficerLeadership
Vipin Telgote
Zonal Head Human ResourcesLeadership
Independent DirectorBoard & advisors
Chairman and a Non-Executive DirectorBoard & advisors
Independent DirectorBoard & advisors
Atrayee Basu
Zonal HR - EastTeam
Jesudas David
Asst. Manager IT & SystemsTeam
Govind Rawal
Warehouse Operations Senior ExecutiveTeam
Nilkamal Pan
Human Resources ExecutiveTeam
Yogesh Batho
Assistant Operation ManagerTeam
Sambhav Jain
Operations Management TraineeTeam
Aditi Singh
Assistant Manager Human ResourcesTeam
Kinnera Naresh Babu
Ecommerce Operation ExecutiveTeam
Anil Nigam
Regional Operations ManagerTeam
Anil Rai
Operations ManagerTeam
Arvind Mishra
Operations ManagerTeam
Manikandan Gnanavel
Operations Manager - Contract LogisticsTeam
Sachin Chauhan
Lead - Business Management (ecommerce)Team

33 more people are available in the full profile.

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IPO & Listings of Future Supply Chains

Future Supply Chains is a publicly listed company on the NSE with ticker symbol FSC in India, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date18 Dec 2017
  • Listed onBSE: 540798 · NSE: FSC
  • Listed entityFuture Supply Chain Solutions Ltd.
  • Exchange sectorTransportation
  • ISININE935Q01015
  • Share price₹2.75 (+4.96% on the day) · 2025-12-02
  • Market capitalisation₹12.9 Cr
  • Volume (last session)7,777
  • Analyst consensusNeutral

Financials of Future Supply Chains

Figures of Future Supply Chain Solutions Limited, the primary company behind Future Supply Chains, for FY 2021. Revenue was ₹500 Cr (-57% year on year). Net loss was -₹184 Cr (-37% margin). EBITDA was ₹79.33 Cr (16% margin). Revenue has grown at a compounded annual rate of -19% over three years and -1% over five years.

  • ₹500 CrRevenue · FY 2021 · -57% YoY
  • -₹184 CrNet loss · -37% margin
  • ₹79.33 CrEBITDA · 16% margin
  • ₹43.88 CrPaid-up capital
  • 815Employees (provident fund records)
  • -19%Revenue CAGR, 3 years
  • -1%Revenue CAGR, 5 years
Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2021₹609 Cr-₹698 Cr-₹321 Cr
2020₹466 Cr-₹184 Cr₹54.6 Cr

Balance sheet, profit and loss, cash flow and ratios of Future Supply Chain Solutions Limited are on its company page.

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Detailed financial statements for Future Supply Chains

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Investments & Acquisitions by Future Supply Chains

Future Supply Chains has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Brattle Foods and Vulcan Express.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
End-to-end eCommerce logistics services are provided for retailers and merchants.
vulcanxpress.comGurugram, India2013Jan 2018$5.51M
Integrated cold supply chain
brattlefoods.comDelhi, India2009Oct 2014$20.5M
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Timeline of Future Supply Chains

7 dated milestones of Future Supply Chains across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded Future Supply Chains is founded.
  2. Acquisition Acquires Brattle Foods.
  3. Funding First funding round of $87.0M.
  4. IPO Lists on the stock exchange (IPO).
  5. Acquisition Acquires Vulcan Express.
  6. Funding Latest funding round, Post-IPO, of $35.4M.
  7. Exit Acquired by Reliance Retail.

Web traffic of Future Supply Chains

Websites that share an audience with Future Supply Chains (futuresupplychains.com).

Similar websites

Websites whose visitors overlap most with Future Supply Chains. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
delivering-tomorrow.com
delivering-tomorrow.com
100%
–
mckinsey.com
85%
4.7M#12,486View details
silverliningstorage.in
54%
1.6K#8,770,206View details
supplychainopz.com
supplychainopz.com
54%
–
futuresupplychain.com
35%
View details
••••••••••••••••.com••%•.•M#•••••–
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Top companies in Warehousing

3 companies that operate in the same segment as Future Supply Chains (Warehousing) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Sustainable supply chain solutions are delivered via asset pooling.
2013Mumbai, Maharashtra, IndiaUSD 214.47 MUSD 30.93 M246
Integrated supply chain and mobility solutions are provided globally.
2009Mumbai, Maharashtra, IndiaUSD 33.05 MUSD 745.97 M227
Multi-modal freight transportation, warehousing, and logistics services are provided globally.
1993Mumbai, Maharashtra, IndiaUSD 18 MUSD 219.35 M2,622
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Frequently Asked Questions about Future Supply Chains

Future Supply Chains was founded in 2006 and raised its 1st funding round 10 years after it was founded.

Future Supply Chains is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Future Supply Chains is a funded company, having raised a total of $87M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $87M, raised on Apr 2016.

Future Supply Chains has 815 employees.

The primary company behind Future Supply Chains, Future Supply Chain Solutions Limited, reported revenue of ₹500 Cr for FY 2021, down 57% year on year.

Future Supply Chains was established in 2006 in Mumbai, India, as a third-party provider in the logistics and supply chain sector. Operations are focused on managing end-to-end supply chain solutions, including warehousing, transportation, and distribution services. The company supports various industries through its network in India and beyond, with headquarters based in Mumbai. Services are tailored to optimize efficiency for clients in manufacturing and retail sectors.

Yes, Future Supply Chains is publicly traded on NSE under the ticker symbol FSC.

Future Supply Chains has made 2 acquisitions, including Brattle Foods, and Vulcan Express.

Future Supply Chains has 3 investors. Key investors include Reliance Retail, Nippon Express, and SSG Capital Management.

Future Supply Chains operates through Future Supply Chain Solutions Limited.

Yes. Future Supply Chains was acquired by Reliance Retail in August 2020.

The legal entities of Future Supply Chains currently have 7 directors, including Mayur Toshniwal, Amar Sapra, Rohit Malhotra and others.

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