About Go Flytta
Go Flytta is a Transportation, Automotive & Logistics company based in Hyderabad (India) founded in 2017 by Rahul Kanuganti. Relocation services for enterprises are delivered via a cloud-based platform. Go Flytta has raised $2.01 million across 11 funding rounds from investors including Corvus Ventures, Arvabumi Hymavathy and Rajesh Sinha. The company has 23 employees. Go Flytta was last valued at $9.44 million in November 2021. Its chief executive, as recorded, is Rahul Kanuganti. Its Indian entity Flytta Innovations Private Limited reported revenue of ₹11.41 Cr. Go Flytta offers products and services including AI-Driven Supply Chain Planning, Cargo Transportation Using EVs and CNGs, Eco-Friendly Warehousing, and Sustainable Packaging and Handling. Its focus areas include Consumer, Logistics Tech, Freight and Multimodal.
Company details
Flytta was founded in 2017 in Hyderabad, India, within the enterprise relocation sector. A cloud-based platform is utilized to manage employee moves, including packing, airport transfers, short-term stays, storage, and deliveries of office supplies, furniture, and equipment. Relocation software is integrated with HRMS and ATS systems, supporting budgeting, delivery tracking, forecasting, and planning for organizations.
- Headquarters Hyderabad, India
- Employees 23
- Founders Rahul Kanuganti
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website goflytta.com
- Social LinkedIn X Facebook Instagram
- Legal Name Flytta Innovations Private Limited
- Date of Incorporation 07 Jun, 2016
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹11.41 Cr
FY 2024 · -21% YoY
- Net Profit₹1.03 Cr
FY 2024 · 9% margin
- EBITDA₹1.24 Cr
FY 2024 · 11% margin
- Total Equity Funding$2.01M (USD)
in 11 rounds
- Latest Funding Round$58.06K (USD), Angel Round
Nov 2024
- InvestorsCorvus Ventures
& 36 more
- Employee Count23
Associated legal entities of Go Flytta
Go Flytta operates through Flytta Innovations 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 |
|---|---|---|---|---|---|---|---|
| Flytta Innovations Private Limited CIN U93090TG2016PTC110155 | Active | 07 Jun 2016 | Hyderabad, Telangana | ₹11.4 Cr | 23 | 2 | View details |
Products & Services of Go Flytta
Go Flytta offers a comprehensive portfolio of products and services, including AI-Driven Supply Chain Planning, Cargo Transportation Using EVs and CNGs, Eco-Friendly Warehousing, and Sustainable Packaging and Handling.
Optimizes routes and operations for efficient logistics delivery.
Utilizes electric and CNG vehicles for sustainable cargo movement.
Offers sustainable storage and handling to reduce environmental impact.
Provides eco-friendly methods for goods packaging and management.
Funding Insights of Go Flytta
Go Flytta has successfully raised a total of $2.01M across 11 strategic funding rounds. The most recent funding activity was a Angel Round of $58.06 thousand completed in November 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 $2.01M
- Total Rounds 11
- Last Round Angel Round — $58,063
- First Round $46,600
(Mar 2017)
- Investors Count 37
Latest 10 of 11 funding rounds of Go Flytta 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 |
|---|---|---|---|---|---|
| Nov 2024 | $58,063 | Angel Round | – | Arvabumi Hymavathy | – |
| Oct 2024 | $177,613 | Angel Round | – | Rajesh Sinha, Arvabumi Hymavathy | – |
| May 2024 | $269,935 | Seed | – | Sga, Rajesh Sinha | |
| Nov 2021 | $161,124 | Angel Round | $9.44M | Saluguti Vikas | – |
| May 2021 | $1,931 | Angel Round | – | – | – |
| Sep 2020 | $370,272 | Angel Round | $3.19M | Lakshmi Narayanan | – |
| Jul 2020 | $507,298 | Angel Round | $••••• | Allena Srinivasa Rao, Lakshmi Narayanan | |
| Mar 2020 | $38,328 | Seed | – | – | |
| Jan 2020 | $16,043 | Angel Round | – | Naveen Varma Alluri | – |
| Feb 2019 | $359,795 | Seed | $••••• | Allena Srinivasa Rao, Naveen Varma Alluri |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2021 | $9.44M | •••••••• |
| Sep 2020 | $3.19M | •••••••• |
| Jul 2020 | $••••• | •••••••• |
| Feb 2019 | $••••• | •••••••• |
Full valuation and stage history of Go Flytta
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $9.44M (Nov 2021). 37 investors in total: 5 institutional and 32 angel.
Investors in Go Flytta
Go Flytta has secured backing from 37 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Corvus Ventures, Arvabumi Hymavathy and Rajesh Sinha.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Assisting early-stage startups with knowledge, resources, and mentorship in India. | 2017 | corvusvc.com | Hyderabad, India | |
| siliconsoftbricks.tcc.mode | ||||
| sreeganeshauto.tcc.mode | ||||
| doradocorporation.tcc.mode | ||||
AH Arvabumi Hymavathy | unknown_4b4aa1811eee44489 | |||
RS Rajesh Sinha | Angel investor and entrepreneur, focused on tech startups in India. | unknown_4be6980e92ff410fa | ||
AD Aditya Dhar | Angel investor and entrepreneur, focused on tech startups in India. | unknown_aa66380143a048c39 | ||
SP Silva Panda | unknown_135bae0389a5490b9 | |||
SV Saluguti Vikas | unknown_962f3007f8bf45049 | |||
RK Rahul Kanuganti | Angel investor and entrepreneur, co-founder of Fintools, focused on fintech innovation | unknown_1f38c35dc779466ea |
Investor details for Go Flytta
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Flytta Innovations Private Limited (Go Flytta)
Flytta Innovations Private Limited is the primary company behind Go Flytta. The board of Flytta Innovations Private Limited currently have 2 directors; the longest-serving is Rahul Kanuganti, appointed in 2016. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rahul Kanuganti DIN 07523794 | Director | 07 Jun 2016 | 10 yrs 4 mo | Flytta Innovations Private Limited |
| Sravan Kumar Narasipuram DIN 03062920 | Director | 18 Nov 2022 | 3 yrs 11 mo | Flytta Innovations Private Limited |
People of Go Flytta
1 people are tracked at Go Flytta (1 in leadership); the tracked headcount is 23.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership |
Complete people profiles for Go Flytta
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Go Flytta
Figures of Flytta Innovations Private Limited, the primary company behind Go Flytta, for FY 2024. Revenue was ₹11.41 Cr (-21% year on year). Net profit was ₹1.03 Cr (9% margin). EBITDA was ₹1.24 Cr (11% margin). Revenue has grown at a compounded annual rate of +72% over three years and +71% over five years.
- ₹11.41 CrRevenue · FY 2024 · -21% YoY
- ₹1.03 CrNet profit · 9% margin
- ₹1.24 CrEBITDA · 11% margin
- ₹17.5 LakhPaid-up capital
- 23Employees (provident fund records)
- +72%Revenue CAGR, 3 years
- +71%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Flytta Innovations Private Limited are on its company page.
Detailed financial statements for Go Flytta
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Go Flytta
4 dated milestones of Go Flytta across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Go Flytta is founded.
- Funding First funding round of $47K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $58K.
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as Go Flytta (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.56 B | USD 1.12 B | 23,536 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 |
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Related news about Go Flytta
Complete news archive for Go Flytta
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Frequently Asked Questions about Go Flytta
Go Flytta was founded in 2017.
Go Flytta is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Rahul Kanuganti is the CEO of Go Flytta, as recorded in our data. They have also founded this company.
Go Flytta is a funded company, having raised a total of $2.01M across 11 funding rounds to date. The company's 1st funding round was a Seed of $359.8K, raised on Mar 2017.
Go Flytta has 23 employees.
The primary company behind Go Flytta, Flytta Innovations Private Limited, reported revenue of ₹11.41 Cr for FY 2024, down 21% year on year.
Flytta was founded in 2017 in Hyderabad, India, within the enterprise relocation sector. A cloud-based platform is utilized to manage employee moves, including packing, airport transfers, short-term stays, storage, and deliveries of office supplies, furniture, and equipment. Relocation software is integrated with HRMS and ATS systems, supporting budgeting, delivery tracking, forecasting, and planning for organizations.
Go Flytta offers AI-Driven Supply Chain Planning, Cargo Transportation Using EVs and CNGs, Eco-Friendly Warehousing, and Sustainable Packaging and Handling.
Go Flytta has 37 investors. Key investors include Corvus Ventures, Arvabumi Hymavathy, Rajesh Sinha, Sga, and Aditya Dhar.
The valuation of Go Flytta is $9.44M as of Nov 2021.
Go Flytta operates through Flytta Innovations Private Limited.
The legal entities of Go Flytta currently have 2 directors, including Rahul Kanuganti, Sravan Kumar Narasipuram.