About i-Loads
i-Loads is a Transportation, Automotive & Logistics company based in Chennai (India) founded in 2015, and was acquired by TVS Supply Chain Solutions in September 2018. Online Marketplace for Freight Trucks. i-Loads has raised $1.41 million across 1 funding round from investors including Cholamandalam Investment and Finance Company, TVS Supply Chain Solutions and Vellayan Lakshmanan. The company has 72 employees. i-Loads was last valued at $1.89 million in March 2016. Its Indian entity White Data Systems India Private Limited reported revenue of ₹5.26 Cr. The company was acqui-hired. Its focus areas include Consumer, Logistics Tech, Freight and Trucking. Its competitors include BlackBuck, Vahak and Celcius; 3 of its 3 listed competitors have raised funding.
Company details
i-Loads is a logistics platform that connects load providers, logistic providers, brokers and transporters. Offers central document management for goods transporters along with real-time tracking of the goods and the vehicles. Also offers fleet management and financial services to logistic providers. Load providers can post their requirement and receive multiple quotes from the logistic providers. Charges fee for posting on the platform. As of Sep. 2016, operational only in Chennai, Coimbatore, Bangalore and Delhi.
- Headquarters Chennai, India
- Employees 72
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website iloads.in
- Social Facebook
- Acquired by TVS Supply Chain Solutions (Sep 2018)
- Legal Name White Data Systems India Private Limited
- Date of Incorporation 07 Apr, 2015
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹5.26 Cr
FY 2023 · -21% YoY
- Net Loss-₹5.41 Cr
FY 2023 · -103% margin
- EBITDA-₹99 Lakh
FY 2023 · -19% margin
- Total Equity Funding$1.41M (USD)
in 1 rounds
- Latest Funding Round$1.41M (USD), Seed
Mar 2016
- Investors
- Employee Count72
- Acquired byTVS Supply Chain Solutions
(Sep 2018)
Associated legal entities of i-Loads
i-Loads operates through White Data Systems India 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 |
|---|---|---|---|---|---|---|---|
| White Data Systems India Private Limited CIN U72200TN2015PTC129978 | Active | 07 Apr 2015 | Chennai, Tamil Nadu | ₹5.3 Cr | 72 | 4 | View details |
Apps and channels of i-Loads
i-Loads publishes 1 mobile app with over 5K+ downloads.
Funding Insights of i-Loads
i-Loads has successfully raised a total of $1.41M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.41 million completed in March 2016. 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 $1.41M
- Total Rounds 1
- Last Round Seed — $1.41M
- First Round $1.41M
(Mar 2016)
- Investors Count 3
All 1 funding rounds of i-Loads 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 |
|---|---|---|---|---|---|
| Mar 2016 | $1.41M | Seed | $1.89M | Cholamandalam Investment and Finance Company |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2016 | $1.89M | •••••••• |
Last known valuation $1.89M (Mar 2016). 4 investors in total: 2 institutional and 2 angel.
Investors in i-Loads
i-Loads has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include Cholamandalam Investment and Finance Company, TVS Supply Chain Solutions and Vellayan Lakshmanan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Home and SME loans are provided in India. | 1978 | cholamandalam.com | Chennai, India | |
VL Vellayan Lakshmanan | Angel investor, tech enthusiast, and advisor to Indian startups. | unknown_52ec8707c274458e8 | ||
VN Vellesh Narayanan | Angel investor and tech entrepreneur with focus on early-stage startups in India. | unknown_e48d0928ecb84fc3b | ||
End-to-end supply chain services are delivered to multiple industries. | 1995 | tvsscs.com | Chennai, India |
Investor details for i-Loads
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of White Data Systems India Private Limited (i-Loads)
White Data Systems India Private Limited is the primary company behind i-Loads. The board of White Data Systems India Private Limited currently have 4 directors; the longest-serving is Sargunaraj Ravichandran, appointed in 2018. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sargunaraj Ravichandran DIN 01485845 | Director | 31 Oct 2018 | 7 yrs 11 mo | White Data Systems India Private Limited |
| Ravi Viswanathan DIN 08713910 | Director | 20 Apr 2023 | 3 yrs 6 mo | White Data Systems India Private Limited |
| Dinesh Narayan DIN 10478249 | Director | 02 Feb 2024 | 2 yrs 8 mo | White Data Systems India Private Limited |
| Vaidhyanathan Ramani DIN 11051276 | Director | 15 Apr 2025 | 1 yr 6 mo | White Data Systems India Private Limited |
Financials of i-Loads
Figures of White Data Systems India Private Limited, the primary company behind i-Loads, for FY 2023. Revenue was ₹5.26 Cr (-21% year on year). Net loss was -₹5.41 Cr (-103% margin). EBITDA was -₹99 Lakh (-19% margin). Revenue has grown at a compounded annual rate of -52% over three years and -36% over five years.
- ₹5.26 CrRevenue · FY 2023 · -21% YoY
- -₹5.41 CrNet loss · -103% margin
- -₹99 LakhEBITDA · -19% margin
- ₹4.13 CrPaid-up capital
- 72Employees (provident fund records)
- -52%Revenue CAGR, 3 years
- -36%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of White Data Systems India Private Limited are on its company page.
Detailed financial statements for i-Loads
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of i-Loads
4 dated milestones of i-Loads across 3 years, from founding to its latest funding, stage changes and deals.
- Founded i-Loads is founded.
- Funding First funding round of $1.4M.
- Milestone Reaches Minicorn status.
- Exit Acquired by TVS Supply Chain Solutions.
Competitors of i-Loads
i-Loads has 3 listed competitors in our database, 3 of them funded. They include BlackBuck, Vahak and Celcius.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blackbuck.com | 2015 | Bengaluru, India | $358.82M | 1,545 | Fleet operators are connected with truckers through a digital marketplace. | |
| vahak.in | 2017 | Bengaluru, India | $25.89M | 174 | An app-based marketplace is operated for cargo transportation bookings. | |
| celcius.in | 2020 | Navi Mumbai, India | $54.49M | 256 | Cold chain logistics solutions are booked through an online platform. |
Detailed competitors of i-Loads
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as i-Loads (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 |
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
Related news about I-Loads
Complete news archive for i-Loads
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about i-Loads
i-Loads was founded in 2015 and raised its 1st funding round 1 year after it was founded.
i-Loads is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
i-Loads is a funded company, having raised a total of $1.41M across 1 funding round to date. The company's 1st funding round was a Seed of $1.41M, raised on Mar 2016.
i-Loads has 72 employees.
The primary company behind i-Loads, White Data Systems India Private Limited, reported revenue of ₹5.26 Cr for FY 2023, down 21% year on year.
i-Loads is a logistics platform that connects load providers, logistic providers, brokers and transporters. Offers central document management for goods transporters along with real-time tracking of the goods and the vehicles. Also offers fleet management and financial services to logistic providers. Load providers can post their requirement and receive multiple quotes from the logistic providers. Charges fee for posting on the platform. As of Sep. 2016, operational only in Chennai, Coimbatore, Bangalore and Delhi.
i-Loads has 4 investors. Key investors include Cholamandalam Investment and Finance Company, TVS Supply Chain Solutions, Vellayan Lakshmanan, and Vellesh Narayanan.
The valuation of i-Loads is $1.89M as of Mar 2016.
i-Loads operates through White Data Systems India Private Limited.
Yes. i-Loads was acquired by TVS Supply Chain Solutions in September 2018.
The legal entities of i-Loads currently have 4 directors, including Sargunaraj Ravichandran, Vaidhyanathan Ramani, Dinesh Narayan and others.