About HUMhain
HUMhain is a Transportation, Automotive & Logistics company based in Ludhiana (India) founded in 2012 by Milind Kwatra, Hardik Dutta, and Arsh Narula. It operates as an on-demand hyperlocal deliveries are facilitated via a mobile app platform. HUMhain has raised $72.44 thousand across 4 funding rounds from investors including Huddle Ventures, Mayank Bansal and Madhurendra Malu. HUMhain was last valued at $813.72 thousand in September 2020. Its chief executive is Milind Kwatra. Its Indian entity Delstep Private Limited reported revenue of ₹77.4 Lakh. Its focus areas include Consumer, Logistics Tech, Parcel and Hyperlocal Delivery. Its competitors include Swiggy, Hanchens, EasyMovr and Kooriee; 2 of its 4 listed competitors have raised funding.
Company details
Founded in 2012 in Ludhiana, India, the company operates in the logistics sector, focusing on app-based on-demand services. Hyperlocal deliveries are arranged in select Indian cities, where pick-up and drop-off locations, along with cargo details, are entered by users to enable booking, real-time tracking, and payment. The platforms mobile application is accessible on both iOS and Android devices.
- Headquarters Ludhiana, India
- Founders Milind Kwatra, Hardik Dutta, Arsh Narula
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website humhain.com
- Social LinkedIn X Facebook Instagram
- Legal Name Delstep Private Limited
- Date of Incorporation 28 Nov, 2016
- Jurisdiction Ludhiana, Punjab, India
- Annual Revenue₹77.4 Lakh
FY 2023 · +247% YoY
- Net Profit₹5.3 Lakh
FY 2023 · 7% margin
- EBITDA₹8.6 Lakh
FY 2023 · 11% margin
- Total Equity Funding$72.44K (USD)
in 4 rounds
- Latest Funding Round$14.99K (USD), Seed
Sep 2020
- InvestorsHuddle Ventures
& 3 more
Associated legal entities of HUMhain
HUMhain operates through Delstep Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Delstep Private Limited CIN U74999PB2016PTC045897 | Active | 28 Nov 2016 | Ludhiana, Punjab | ₹0.8 Cr | – | 2 | View details |
Funding Insights of HUMhain
HUMhain has successfully raised a total of $72.44K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $14.99 thousand completed in September 2020. 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 $72,443
- Total Rounds 4
- Last Round Seed — $14,988
- First Round $13,892
(Nov 2017)
- Investors Count 4
All 4 funding rounds of HUMhain 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 2020 | $14,988 | Seed | $813,719 | Huddle Ventures | – |
| Oct 2019 | – | Angel Round | – | – | |
| May 2019 | $43,563 | Angel Round | $804,357 | – | |
| Nov 2017 | $13,892 | Angel Round | $••••• | Lovepreet Kaur | – |
Last known valuation $813,719 (Sep 2020). 4 investors in total: 1 institutional and 3 angel.
Investors in HUMhain
HUMhain has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Huddle Ventures, Mayank Bansal and Madhurendra Malu.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early stage venture capital investments are provided by Huddle Ventures. | 2018 | huddleventures.vc | Gurugram, India | |
MB Mayank Bansal | - | – | unknown_661b9f700fc94ee4b | - |
MM Madhurendra Malu | - | – | unknown_42349a1bc7f744e48 | - |
LK Lovepreet Kaur | - | – | unknown_12c9519c7357402ea | - |
Investor details for HUMhain
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Board of directors of Delstep Private Limited (HUMhain)
Delstep Private Limited is the primary company behind HUMhain. The board of Delstep Private Limited currently have 2 directors; the longest-serving is Arshdeep Narula, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arshdeep Narula DIN 07587447 | Director | 28 Nov 2016 | 9 yrs 10 mo | Delstep Private Limited |
| Ashwinder Singh DIN 10375655 | Additional Director | 06 Dec 2024 | 1 yr 10 mo | Delstep Private Limited |
People of HUMhain
3 people are tracked at HUMhain (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Hardik Dutta | Co-Founder & VP | Leadership |
Arsh Narula | Co-Founder & COO | Leadership |
Complete people profiles for HUMhain
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of HUMhain
Figures of Delstep Private Limited, the primary company behind HUMhain, for FY 2023. Revenue was ₹77.4 Lakh (+247% year on year). Net profit was ₹5.3 Lakh (7% margin). EBITDA was ₹8.6 Lakh (11% margin). Revenue has grown at a compounded annual rate of +59% over three years and +33% over five years.
- ₹77.4 LakhRevenue · FY 2023 · +247% YoY
- ₹5.3 LakhNet profit · 7% margin
- ₹8.6 LakhEBITDA · 11% margin
- ₹11,920Paid-up capital
- +59%Revenue CAGR, 3 years
- +33%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Delstep Private Limited are on its company page.
Detailed financial statements for HUMhain
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of HUMhain
3 dated milestones of HUMhain across 8 years, from founding to its latest funding, stage changes and deals.
- Founded HUMhain is founded.
- Funding First funding round of $14K.
- Funding Latest funding round, Seed, of $15K.
Competitors of HUMhain
HUMhain has 4 listed competitors in our database, 2 of them funded. They include Swiggy, Hanchens, EasyMovr and Kooriee, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| swiggy.com | 2014 | Bengaluru, India | $3.62B | 4,953 | Food and grocery items are ordered via an online network. | |
| hanchens.com | 2020 | Gurugram, India | $103,122 | – | Provides an app-based platform for B2C delivery services to consumers. | |
| easymovr.com | 2015 | Ahmedabad, India | – | – | Operates an app-based platform for B2B courier delivery services. | |
| kooriee.com | 2015 | Bengaluru, India | – | 96 | Offers same-day local delivery services for small-sized items. |
Detailed competitors of HUMhain
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- Full competitor set
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Web traffic of HUMhain
The website of HUMhain (humhain.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 200.1% vs previous month
Top companies in Logistics Technology & Platforms
10 companies that operate in the same segment as HUMhain (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
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 1.25 B | USD 1.12 B | 23,536 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | 15,437 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | 998 | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Related news about Humhain
Complete news archive for HUMhain
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Frequently Asked Questions about HUMhain
HUMhain was founded in 2012 and raised its 1st funding round 5 years after it was founded.
HUMhain is headquartered in Ludhiana, India. It is registered at Ludhiana, Punjab, India.
Milind Kwatra is the current CEO of HUMhain. They have also founded this company.
HUMhain is a funded company, having raised a total of $72.44K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $13.89K, raised on Nov 2017.
The primary company behind HUMhain, Delstep Private Limited, reported revenue of ₹77.4 Lakh for FY 2023, up 247% year on year.
Founded in 2012 in Ludhiana, India, the company operates in the logistics sector, focusing on app-based on-demand services. Hyperlocal deliveries are arranged in select Indian cities, where pick-up and drop-off locations, along with cargo details, are entered by users to enable booking, real-time tracking, and payment. The platforms mobile application is accessible on both iOS and Android devices.
HUMhain has 4 investors. Key investors include Huddle Ventures, Mayank Bansal, Madhurendra Malu, and Lovepreet Kaur.
The valuation of HUMhain is $813.72K as of Sep 2020.
HUMhain operates through Delstep Private Limited.
The legal entities of HUMhain currently have 2 directors, including Ashwinder Singh, Arshdeep Narula.