About Indev Group of companies
Indev Group of companies is a company based in Chennai (India) founded in 1984.. Indev Group of companies has raised $5.13 million across 1 funding round from investors including KLN. The company has 1,348 employees as of November 06, 2024. Indev Group of companies offers products and services including International Freight Forwarding, Project Logistics, Customs Brokerage, and Warehousing. Indev Group of companies operates in a competitive market with competitors including Transworld, BLR Logistics, TM International Logistics Limited, Tiger logistics and House of Patels, among others.
- Headquarter Chennai, India
- Employees 1348 as on 06 Nov, 2024
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Kerry Indev Logistics Private Limited
- Date of Incorporation 27 Jan, 1997
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$234.11 M (USD)-6.5as on Mar 31, 2023
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Net Profit
$5.37 M (USD)-26.64as on Mar 31, 2023
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EBITDA
$12.21 M (USD)-30.59as on Mar 31, 2023
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Total Equity Funding
$5.13 M (USD)
in 1 rounds
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Latest Funding Round
$5.13 M (USD), Unspecified
Jan 25, 2017
- Investors
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Employee Count
1348
as on Nov 06, 2024
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Products & Services of Indev Group of companies
Indev Group of companies offers a comprehensive portfolio of products and services, including International Freight Forwarding, Project Logistics, Customs Brokerage, and Warehousing. 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.
Handles global shipping and cargo management for businesses
Manages complex logistics for large-scale projects
Facilitates customs clearance and regulatory compliance
Provides storage and distribution in free trade zones
Funding Insights of Indev Group of companies
Indev Group of companies has successfully raised a total of $5.13M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $5.13 million completed in January 2017. 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 1
- Last Round Unspecified — $5.1M
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First Round
First Round
(25 Jan 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Unspecified - Indev Group of companies | Valuation | Kerry Logistics Network |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Indev Group of companies
Indev Group of companies has secured backing from 1 investor. Prominent investors backing the company include KLN. 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 |
|---|---|---|---|---|
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Provider of logistics and multi model freight forwarding services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Indev Group of companies
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Indev Group of companies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Indev Group Of Companies Comparisons
Competitors of Indev Group of companies
Indev Group of companies 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 Transworld, BLR Logistics, TM International Logistics Limited, Tiger logistics and House of Patels, 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 |
Provider of shipping and maritime services
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| domain | founded_year | HQ Location |
Air and ocean freight forwarding services are provided internationally.
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| domain | founded_year | HQ Location |
Air and ocean freight forwarding services are provided internationally.
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| domain | founded_year | HQ Location |
International freight forwarding and logistics solutions are provided globally.
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| domain | founded_year | HQ Location |
Logistics, construction, real estate, and facilities management services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Indev Group Of Companies
Frequently Asked Questions about Indev Group of companies
When was Indev Group of companies founded?
Indev Group of companies was founded in 1984 and raised its 1st funding round 33 years after it was founded.
Where is Indev Group of companies located?
Indev Group of companies is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Is Indev Group of companies a funded company?
Indev Group of companies is a funded company, having raised a total of $5.13M across 1 funding round to date. The company's 1st funding round was a Unspecified of $5.13M, raised on Jan 25, 2017.
How many employees does Indev Group of companies have?
As of Nov 06, 2024, the latest employee count at Indev Group of companies is 1,348.
What is the annual revenue of Indev Group of companies?
Annual revenue of Indev Group of companies is $234.11M as on Mar 31, 2023.
What does Indev Group of companies do?
Indev Group of Companies was established in 1984 in Chennai, India, within the logistics sector. Operations are centered on integrated logistics solutions, including warehousing and fleet management. Transportation services are provided to support supply chain needs across various industries. The company maintains a focus on regional and national coverage from its base in southern India.
Who are the top competitors of Indev Group of companies?
Indev Group of companies's top competitors include Transworld, Tiger logistics and Flyjac.
What products or services does Indev Group of companies offer?
Indev Group of companies offers International Freight Forwarding, Project Logistics, Customs Brokerage, and Warehousing.
Who are Indev Group of companies's investors?
Indev Group of companies has 1 investor. Key investors include KLN.
What is Indev Group of companies's valuation?
The valuation of Indev Group of companies is $123.66M as of Jan 2017.