About GrayDrop
GrayDrop is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 2013. Delivery automation solutions are provided for supply chain streamlining. Its Indian entity Grayroutes Technology Private Limited reported revenue of ₹59.7 Lakh. Its focus areas include Consumer, Logistics Tech, Freight and Trucking.
Company details
Provider of delivery automation solutions. It is a technology company that enables distribution and empowers brands by providing a platform that streamlines supply chain operations and logistics. The app-based solution connects brands with distributors and enables order management, inventory tracking, and delivery management. It provides a heads-up display with delivery status, drops, tasks, routes, road conditions, fuel points and ETA to the driver. It provides an analytics engine to owners and customers to measure service efficiency, and collections status.
- Headquarters Mumbai, India
- SectorsTransportation, Automotive & Logistics
- Website graydrop.com
- Social Facebook
- Legal Name Grayroutes Technology Private Limited
- Date of Incorporation 23 Jun, 2015
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹59.7 Lakh
FY 2021 · -73% YoY
- Net Loss-₹89,986
FY 2021 · -2% margin
- EBITDA₹2.7 Lakh
FY 2021 · 5% margin
Associated legal entities of GrayDrop
GrayDrop operates through Grayroutes Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Grayroutes Technology Private Limited CIN U74999MH2015PTC265905 | Active | 23 Jun 2015 | Mumbai, Maharashtra | ₹0.6 Cr | 2 | View details |
Board of directors of Grayroutes Technology Private Limited (GrayDrop)
Grayroutes Technology Private Limited is the primary company behind GrayDrop. The board of Grayroutes Technology Private Limited currently have 2 directors; the longest-serving is Soubhagya Sahoo, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Soubhagya Sahoo DIN 06511800 | Director | 23 Jun 2015 | 11 yrs 4 mo | Grayroutes Technology Private Limited |
| Sapna Rani Patel DIN 06511813 | Director | 23 Jun 2015 | 11 yrs 4 mo | Grayroutes Technology Private Limited |
Financials of GrayDrop
Figures of Grayroutes Technology Private Limited, the primary company behind GrayDrop, for FY 2021. Revenue was ₹59.7 Lakh (-73% year on year). Net loss was -₹89,986 (-2% margin). EBITDA was ₹2.7 Lakh (5% margin). Revenue has grown at a compounded annual rate of -22% over three years and +47% over five years.
- ₹59.7 LakhRevenue · FY 2021 · -73% YoY
- -₹89,986Net loss · -2% margin
- ₹2.7 LakhEBITDA · 5% margin
- ₹1.1 LakhPaid-up capital
- -22%Revenue CAGR, 3 years
- +47%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Grayroutes Technology Private Limited are on its company page.
Detailed financial statements for GrayDrop
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Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as GrayDrop (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 3.62 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.37 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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Frequently Asked Questions about GrayDrop
GrayDrop was founded in 2013.
GrayDrop is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind GrayDrop, Grayroutes Technology Private Limited, reported revenue of ₹59.7 Lakh for FY 2021, down 73% year on year.
Provider of delivery automation solutions. It is a technology company that enables distribution and empowers brands by providing a platform that streamlines supply chain operations and logistics. The app-based solution connects brands with distributors and enables order management, inventory tracking, and delivery management. It provides a heads-up display with delivery status, drops, tasks, routes, road conditions, fuel points and ETA to the driver. It provides an analytics engine to owners and customers to measure service efficiency, and collections status.
GrayDrop operates through Grayroutes Technology Private Limited.
The legal entities of GrayDrop currently have 2 directors, including Soubhagya Sahoo, Sapna Rani Patel.