About Infraprime Logistics Technologies
Infraprime Logistics Technologies is a company based in Gurugram (India) founded in 2017 by Siddhartha Das, Subodh Yadav, and Chetan Singhal. Infraprime Logistics Technologies has raised $5.62 million across 6 funding rounds from investors including Leo Capital, MUFG Campus and Mars Growth Capital. The company has 13 employees as of April 06, 2024. Infraprime Logistics Technologies offers products and services including Electric Truck, Driver App, and Fleet Management Platform. Infraprime Logistics Technologies operates in a competitive market with competitors including IPLTech Electric, Tresa Motors, SmartShift, TruckBhejo and TruckSumo, among others.
- Headquarter Gurugram, India
- Employees 13 as on 06 Apr, 2024
- Founders Siddhartha Das, Subodh Yadav, Chetan Singhal
- 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 Infraprime Logistics Technologies Ltd.
- Jurisdiction Bhondsi, Haryana, India
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Annual Revenue
$8 M (USD)-9.14as on Mar 31, 2023
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Net Profit
$184.65 K (USD)127.97as on Mar 31, 2023
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EBITDA
$470.14 K (USD)224.48as on Mar 31, 2023
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Total Equity Funding
$5.62 M (USD)
in 6 rounds
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Latest Funding Round
$6 M (USD), Debt – Conventional
Nov 09, 2021
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Investors
Leo Capital
& 19 more
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Employee Count
13
as on Apr 06, 2024
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Products & Services of Infraprime Logistics Technologies
Infraprime Logistics Technologies offers a comprehensive portfolio of products and services, including Electric Truck, Driver App, and Fleet Management Platform.
Heavy-duty electric tractor-trailer for infrastructure projects and cost savings
App providing navigation and real-time traffic updates for drivers
System for fleet operators to manage vehicles and orders efficiently
Funding Insights of Infraprime Logistics Technologies
Infraprime Logistics Technologies has successfully raised a total of $5.62M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $6 million completed in November 2021. 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 6
- Last Round Debt – Conventional — $6.0M
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First Round
First Round
(16 Oct 2017)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Debt – Conventional - Infraprime Logistics Technologies | Valuation |
investors |
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| Jan, 2020 | Amount | Series B - Infraprime Logistics Technologies | Valuation | Foundamental | |
| Apr, 2019 | Amount | Series A - Infraprime Logistics Technologies | Valuation | Via Projects , Rabab Publications |
Investors in Infraprime Logistics Technologies
Infraprime Logistics Technologies has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Leo Capital, MUFG Campus and Mars Growth Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are directed toward late-stage and growth-stage technology companies.
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Founded Year | Domain | Location | |
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Investments are made in AEC and construction technology globally.
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Founded Year | Domain | Location | |
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Venture capital fund investing in early stage, technology-centric opportunities
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Founded Year | Domain | Location |
Investments & Acquisitions by Infraprime Logistics Technologies
Financial Statements - Infraprime Logistics Technologies
Infraprime Logistics Technologies Comparisons
Competitors of Infraprime Logistics Technologies
Infraprime Logistics Technologies 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 IPLTech Electric, Tresa Motors, SmartShift, TruckBhejo and TruckSumo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Electric trucks with advanced battery and tracking features are developed.
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| domain | founded_year | HQ Location |
Develops electric trucks with axial flux motors and batteries for Indian fleet owners.
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| domain | founded_year | HQ Location |
Online trucking services booking platform
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| domain | founded_year | HQ Location |
Offers app-based marketplace for hiring mini trucks
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| domain | founded_year | HQ Location |
Short-haul services are booked via an online marketplace platform.
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Frequently Asked Questions about Infraprime Logistics Technologies
Infraprime Logistics Technologies was founded in 2017.
Infraprime Logistics Technologies is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Subodh Yadav is the current CEO of Infraprime Logistics Technologies. They have also founded this company.
Infraprime Logistics Technologies is a funded company, having raised a total of $5.62M across 6 funding rounds to date. The company's 1st funding round was a Series A of $915.49K, raised on Oct 16, 2017.
As of Apr 06, 2024, the latest employee count at Infraprime Logistics Technologies is 13.
Annual revenue of Infraprime Logistics Technologies is $8M as on Mar 31, 2023.
Infraprime Logistics Technologies was founded in 2017 in Gurugram, India. Operations center on the development of heavy-duty electric trucks for the logistics industry, with a focus on construction materials transport. Just-in-time delivery initiatives are implemented, alongside the deployment of electric vehicle fleets. Real-time data and route datasets are utilized to optimize schedules and fleet efficiency. Reduced maintenance costs and superior mileage are emphasized in truck designs.
Infraprime Logistics Technologies's top competitors include IPLTech Electric, SmartShift and TruckBhejo.
Infraprime Logistics Technologies offers Electric Truck, Driver App, and Fleet Management Platform.
Infraprime Logistics Technologies has 20 investors. Key investors include Leo Capital, MUFG Campus, Mars Growth Capital, Foundamental, and Dinesh Chopra.
The valuation of Infraprime Logistics Technologies is $27.25M as of Jan 2020.