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
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website futuresupplychains.com
- Social LinkedIn
- Acquired by Reliance Retail (Aug 2020)
- Legal Name Future Supply Chain Solutions Ltd.
- 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
- InvestorsReliance Retail
& 2 more
- Employee Count815
- Investments & AcquisitionsBrattle Foods
& 1 more
- Acquired byReliance Retail
(Aug 2020)
Associated legal entities of Future Supply Chains
Future Supply Chains operates through Future Supply Chain Solutions Limited, a listed company (under cirp). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Future Supply Chain Solutions Limited Listed CIN L63030MH2006PLC160376 | Under Cirp | 08 Mar 2006 | Mumbai, Maharashtra | ₹500 Cr | 815 | 7 | View details |
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.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2019 | $35.35M | Post-IPO | – | – | |
| Jun 2017 | Private Equity Round | – | – | – | |
| Apr 2016 | $87M | Private Equity Round | – | SSG Capital Management | – |
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Special situations and credit investments in Asia are managed. | 2009 | ssgasia.com | George Town, Cayman Islands | |
Global third-party logistics services are offered by Nippon Express. | 1937 | nipponexpress.com | Tokyo, Japan | |
Retail chain offering diversified products | 2006 | relianceretail.com | Mumbai, India |
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rakesh Gopikishan Biyani DIN 00005806 | Director | 13 Jul 2007 | 19 yrs 3 mo | Future Supply Chain Solutions Limited |
| Mayur Toshniwal DIN 01655776 | Director | 05 Aug 2017 | 9 yrs 3 mo | Future Supply Chain Solutions Limited |
| Amar Sapra DIN 05178849 | Director | 05 Aug 2017 | 9 yrs 3 mo | Future Supply Chain Solutions Limited |
| Shinichi Kakiyama DIN 09193850 | Director | 24 Jun 2021 | 5 yrs 4 mo | Future Supply Chain Solutions Limited |
| Vairavan Thangavelu DIN 10649737 | CFO | 07 Feb 2022 | 4 yrs 9 mo | Future Supply Chain Solutions Limited |
| Rohit Malhotra DIN 07663003 | Additional Director | 30 Jun 2022 | 4 yrs 4 mo | Future Supply Chain Solutions Limited |
| Smeeta Neogi DIN 09638029 | Additional Director | 30 Jun 2022 | 4 yrs 4 mo | Future 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.
| Name | Role | Group |
|---|---|---|
Prasad Akshintala S R | Vice President & Head - Centre Of Excellence | Leadership |
Madhuresh Kumar | Head Of Department (project &facilities- Sz) | Leadership |
Vairavan Thangavelu - Mba | Dy. Chief Financial Officer | Leadership |
Vipin Telgote | Zonal Head Human Resources | Leadership |
| Independent Director | Board & advisors | |
| Chairman and a Non-Executive Director | Board & advisors | |
| Independent Director | Board & advisors | |
Atrayee Basu | Zonal HR - East | Team |
Jesudas David | Asst. Manager IT & Systems | Team |
Govind Rawal | Warehouse Operations Senior Executive | Team |
Nilkamal Pan | Human Resources Executive | Team |
Yogesh Batho | Assistant Operation Manager | Team |
Sambhav Jain | Operations Management Trainee | Team |
Aditi Singh | Assistant Manager Human Resources | Team |
Kinnera Naresh Babu | Ecommerce Operation Executive | Team |
Anil Nigam | Regional Operations Manager | Team |
Anil Rai | Operations Manager | Team |
Arvind Mishra | Operations Manager | Team |
Manikandan Gnanavel | Operations Manager - Contract Logistics | Team |
Sachin Chauhan | Lead - Business Management (ecommerce) | Team |
33 more people are available in the full profile.
Complete people profiles for Future Supply Chains
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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
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 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.
Detailed financial statements for Future Supply Chains
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
End-to-end eCommerce logistics services are provided for retailers and merchants. | vulcanxpress.com | Gurugram, India | 2013 | Jan 2018 | $5.51M | |
Integrated cold supply chain | brattlefoods.com | Delhi, India | 2009 | Oct 2014 | $20.5M |
Complete acquisition details for Future Supply Chains
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- Acquired stakes
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- Exports
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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.
- Founded Future Supply Chains is founded.
- Acquisition Acquires Brattle Foods.
- Funding First funding round of $87.0M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Vulcan Express.
- Funding Latest funding round, Post-IPO, of $35.4M.
- Exit Acquired by Reliance Retail.
Web traffic of Future Supply Chains
Websites that share an audience with Future Supply Chains (futuresupplychains.com).
Websites whose visitors overlap most with Future Supply Chains. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
delivering-tomorrow.com | delivering-tomorrow.com | 100% | – | ||
| mckinsey.com | 85% | 4.7M | #12,486 | View details | |
| silverliningstorage.in | 54% | 1.6K | #8,770,206 | View details | |
supplychainopz.com | supplychainopz.com | 54% | – | ||
| futuresupplychain.com | 35% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Future Supply Chains
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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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Sustainable supply chain solutions are delivered via asset pooling. | 2013 | Mumbai, Maharashtra, India | USD 214.47 M | USD 30.93 M | 246 | |
Integrated supply chain and mobility solutions are provided globally. | 2009 | Mumbai, Maharashtra, India | USD 33.05 M | USD 745.97 M | 227 | |
Multi-modal freight transportation, warehousing, and logistics services are provided globally. | 1993 | Mumbai, Maharashtra, India | USD 18 M | USD 219.35 M | 2,622 |
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Related news about Future Supply Chains
Complete news archive for Future Supply Chains
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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.

