About Gray Routes
Gray Routes is a company based in Mumbai (India) founded in 2013.. Gray Routes has raised $192.16 thousand across 3 funding rounds from investors including Ajay Sinha, Praveen Jain and Kapil Modi. Gray Routes offers products and services including GrayFOS, GrayDROP, and GoStocky. Gray Routes operates in a competitive market with competitors including RELEX, Wasoko, Bizom, Bazaarvoice and CallidusCloud, among others.
- Headquarter Mumbai, India
-
Sectors
TechnologyRetail Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Grayroutes Technology Private Limited
- Date of Incorporation 23 Jun, 2015
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$80.24 K (USD)-72.72as on Mar 31, 2021
-
Net Profit
$-1.21 K (USD)91.96as on Mar 31, 2021
-
EBITDA
$302.22 (USD)-92.14as on Mar 31, 2021
-
Total Equity Funding
$192.16 K (USD)
in 3 rounds
-
Latest Funding Round
$92.16 K (USD), Angel Round
Nov 26, 2019
-
Investors
& 2 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Gray Routes
Gray Routes offers a comprehensive portfolio of products and services, including GrayFOS, GrayDROP, and GoStocky. 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.
Automates field sales team planning and productivity tracking.
Optimizes GPS-based delivery routes for efficient fulfillment.
Manages retail inventory and pricing for accurate accounting.
Funding Insights of Gray Routes
Gray Routes has successfully raised a total of $192.16K across 3 strategic funding rounds. The most recent funding activity was a Angel Round round of $92.16 thousand completed in November 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 Total Funding
- Total Rounds 3
- Last Round Angel Round — $92,156
-
First Round
First Round
(24 Jul 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Angel Round - Gray Routes | Valuation | Ajay Sinha , Praveen Jain | |
| Feb, 2016 | Amount | Seed - Gray Routes | Valuation |
investors |
|
| Jul, 2013 | Amount | Angel Round - Gray Routes | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Gray Routes
Gray Routes has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Ajay Sinha, Praveen Jain and Kapil Modi. 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 |
|---|---|---|---|---|
|
AS
Ajay Sinha |
-
|
Founded Year | Domain | Location |
|
PJ
Praveen Jain |
-
|
Founded Year | Domain | Location |
|
KM
Kapil Modi |
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Gray Routes
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Gray Routes
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gray Routes Comparisons
Competitors of Gray Routes
Gray Routes 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 RELEX, Wasoko, Bizom, Bazaarvoice and CallidusCloud, 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 |
Unified platform for retail and supply chain planning is offered.
|
|
| domain | founded_year | HQ Location |
Online B2B marketplace offering groceries for enterprises
|
|
| domain | founded_year | HQ Location |
Retail intelligence platform is developed for brands and B2B retailers.
|
|
| domain | founded_year | HQ Location |
Provider of SaaS based marking solution
|
|
| domain | founded_year | HQ Location |
Cloud-based solutions for sales, marketing, and pipeline management are provided.
|
|
| domain | founded_year | HQ Location |
Omni-channel solutions are provided for offline businesses.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Gray Routes
When was Gray Routes founded?
Gray Routes was founded in 2013.
Where is Gray Routes located?
Gray Routes is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Gray Routes a funded company?
Gray Routes is a funded company, having raised a total of $192.16K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $100K, raised on Jul 24, 2013.
What is the annual revenue of Gray Routes?
Annual revenue of Gray Routes is $80.24K as on Mar 31, 2021.
What does Gray Routes do?
Gray Routes was founded in 2013 in Mumbai, India, where proprietary mobile app solutions are offered to automate and monitor on-field distribution operations. Services extend to on-demand last-mile delivery through onboarded personnel. Key products include GrayDrop for GPS-based route mapping, GoStocky for retailer inventory management, and GrayFOS for enhancing field sales productivity. The company serves sectors such as FMCG, telecom, food services, e-commerce, and logistics.
Who are the top competitors of Gray Routes?
Gray Routes's top competitors include Bizom, RELEX and Bazaarvoice.
What products or services does Gray Routes offer?
Gray Routes offers GrayFOS, GrayDROP, and GoStocky.
Who are Gray Routes's investors?
Gray Routes has 3 investors. Key investors include Ajay Sinha, Praveen Jain, and Kapil Modi.
What is Gray Routes's valuation?
The valuation of Gray Routes is $839.89K as of Nov 2019.