InnoVita Technologies

Pune, India Founded: 2011 • Age: 15 yrs
Provides fleet management solutions for operators.
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About InnoVita Technologies

InnoVita Technologies is a Transportation, Automotive & Logistics company based in Pune (India) founded in 2011. It provides fleet management solutions for operators. It operates on a B2B model. Its Indian entity Innovita Technologies Private Limited reported revenue of ₹48.8 Lakh. Its focus areas include Transportation, Logistics, Fleet Management and Software Solutions. Its competitors include Everest Fleet and Fleetx; 2 of its 2 listed competitors have raised funding.

Company details

InnoVita Technologies provides fleet management solutions for operators, focusing on providing transportation services, streamlining logistics processes, managing fleet operations, and providing software for education. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Operational Areas
Transportation, Automotive & Logistics → Logistics Technology & Platforms
Key Metrics
  • Annual Revenue
    ₹48.8 Lakh

    FY 2019 · -25% YoY

  • Net Profit
    ₹3.3 Lakh

    FY 2019 · 7% margin

  • EBITDA
    ₹7.2 Lakh

    FY 2019 · 15% margin

Board of directors of Innovita Technologies Private Limited (InnoVita Technologies)

Innovita Technologies Private Limited is the primary company behind InnoVita Technologies. The boards of the 2 registered companies of InnoVita Technologies currently have 3 directors; the longest-serving is Archit Jain, appointed in 2018. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Archit Jain
DIN 06500742
Designated Partner04 Jul 20188 yrs 3 moYumtum Foods Llp, Innovita Technologies Private Limited
Vivek Mandhan
DIN 09354412
Additional Director09 Oct 20215 yrsInnovita Technologies Private Limited
Shivraj Revanshiddha Vankari
DIN 09747625
Designated Partner27 Sep 20224 yrsYumtum Foods Llp

Financials of InnoVita Technologies

Figures of Innovita Technologies Private Limited, the primary company behind InnoVita Technologies, for FY 2019. Revenue was ₹48.8 Lakh (-25% year on year). Net profit was ₹3.3 Lakh (7% margin). EBITDA was ₹7.2 Lakh (15% margin). Revenue has grown at a compounded annual rate of -18% over three years and -2% over five years.

  • ₹48.8 LakhRevenue · FY 2019 · -25% YoY
  • ₹3.3 LakhNet profit · 7% margin
  • ₹7.2 LakhEBITDA · 15% margin
  • ₹2 LakhPaid-up capital
  • -18%Revenue CAGR, 3 years
  • -2%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Innovita Technologies Private Limited are on its company page.

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Detailed financial statements for InnoVita Technologies

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Competitors of InnoVita Technologies

InnoVita Technologies has 2 listed competitors in our database, 2 of them funded. They include Everest Fleet and Fleetx.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Everest Fleet
everestfleet.com2016Mumbai, India$64.33M3,513
Platform offering fleet management services for taxis, goods, and drivers
Fleetx
fleetx.io2017Gurugram, India$26.41M361
AI, IoT, and analytics are utilized for fleet management.
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Detailed competitors of InnoVita Technologies

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Top companies in Logistics Technology & Platforms

3 companies that operate in the same segment as InnoVita Technologies (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Swiggy
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.62 BUSD 2.46 B4,488
Delhivery
Integrated logistics services including parcel delivery and warehousing are provided.
2011Gurugram, Haryana, IndiaUSD 1.37 BUSD 1.12 B23,536
Shiprocket
E-commerce tools for shipping, marketing, and financial services are provided.
2012Gurugram, Haryana, IndiaUSD 321.57 MUSD 135.47 M915
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Frequently Asked Questions about InnoVita Technologies

InnoVita Technologies was founded in 2011.

InnoVita Technologies is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

The primary company behind InnoVita Technologies, Innovita Technologies Private Limited, reported revenue of ₹48.8 Lakh for FY 2019, down 25% year on year.

InnoVita Technologies provides fleet management solutions for operators, focusing on providing transportation services, streamlining logistics processes, managing fleet operations, and providing software for education. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

InnoVita Technologies's top competitors include Everest Fleet and Fleetx.

InnoVita Technologies is associated with 2 legal entities: Innovita Technologies Private Limited, Yumtum Foods Llp.

The legal entities of InnoVita Technologies currently have 3 directors, including Shivraj Revanshiddha Vankari, Archit Jain, Vivek Mandhan.

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