About LogiCloud
LogiCloud is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 2004. Cloud-based delivery and logistics management system is utilized. LogiCloud has raised $402.42 thousand across 2 funding rounds from investors including Abhishek Chakraborty, Suresh Bansal and Subhasish Chakraborty. The company has 39 employees. LogiCloud was last valued at $1.06 million in March 2015. Its Indian entity Ecfy Consulting Private Limited reported revenue of ₹7.43 Cr. Its focus areas include Consumer, Logistics Tech, Parcel and Technology Enablers.
Company details
LogiCloud was established in 2004 in Mumbai, India, within the logistics and supply chain sector. A cloud-based platform is operated to handle delivery management. Inventory and logistics processes are streamlined for efficiency. Visibility is granted into supply chain operations. Logistics partners are assigned by users, and order serviceability is verified. Real-time tracking of delivery status is enabled across operations.
- Headquarters Mumbai, India
- Employees 39
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Website logicloud.in
- Social LinkedIn X Facebook
- Legal Name Ecfy Consulting Private Limited
- Date of Incorporation 12 Jul, 2004
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹7.43 Cr
FY 2024 · -13% YoY
- Net Profit₹16.3 Lakh
FY 2024 · 2% margin
- EBITDA₹95.5 Lakh
FY 2024 · 13% margin
- Total Equity Funding$402.42K (USD)
in 2 rounds
- Latest Funding Round$291.58K (USD), Angel Round
Mar 2015
- Employee Count39
Associated legal entities of LogiCloud
LogiCloud operates through Ecfy Consulting Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ecfy Consulting Private Limited CIN U72200MH2004PTC147427 | Active | 12 Jul 2004 | Mumbai, Maharashtra | ₹7.4 Cr | 39 | 4 | View details |
Funding Insights of LogiCloud
LogiCloud has successfully raised a total of $402.42K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $291.58 thousand completed in March 2015. 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 $402,419
- Total Rounds 2
- Last Round Angel Round — $291,578
- First Round $110,841
(Jun 2014)
- Investors Count 3
All 2 funding rounds of LogiCloud 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 2015 | $291,578 | Angel Round | $1.06M | Subhasish Chakraborty | |
| Jun 2014 | $110,841 | Angel Round | $1.07M | Subhasish Chakraborty |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2015 | $1.06M | •••••••• |
| Jun 2014 | $1.07M | •••••••• |
Last known valuation $1.06M (Mar 2015). 3 investors in total: 0 institutional and 3 angel.
Investors in LogiCloud
LogiCloud has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Abhishek Chakraborty, Suresh Bansal and Subhasish Chakraborty.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AC Abhishek Chakraborty | unknown_ede9bd84fb4f47dfa | |||
SB Suresh Bansal | Co-founder of HealthifyMe, active angel investor in Indian startups | unknown_014a826856b542d1b | ||
SC Subhasish Chakraborty | Founder of DTDC Express, prominent angel investor in Indian startups | unknown_1e2ede07157549af9 |
Investor details for LogiCloud
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Ecfy Consulting Private Limited (LogiCloud)
Ecfy Consulting Private Limited is the primary company behind LogiCloud. The board of Ecfy Consulting Private Limited currently have 4 directors; the longest-serving is Apurva Krishnakant Mankad, appointed in 2004.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Apurva Krishnakant Mankad DIN 00090006 | Director | 12 Jul 2004 | 22 yrs 3 mo | Ecfy Consulting Private Limited |
| Nehal Apurva Mankad DIN 01724576 | Director | 20 May 2005 | 21 yrs 5 mo | Ecfy Consulting Private Limited |
| Abhishek Chakraborty DIN 00176434 | Director | 23 Jun 2014 | 12 yrs 4 mo | Ecfy Consulting Private Limited |
| Suresh Kumar Bansal DIN 00056435 | Director | 23 Jun 2014 | 12 yrs 4 mo | Ecfy Consulting Private Limited |
Financials of LogiCloud
Figures of Ecfy Consulting Private Limited, the primary company behind LogiCloud, for FY 2024. Revenue was ₹7.43 Cr (-13% year on year). Net profit was ₹16.3 Lakh (2% margin). EBITDA was ₹95.5 Lakh (13% margin). Revenue has grown at a compounded annual rate of +4% over three years and +2% over five years.
- ₹7.43 CrRevenue · FY 2024 · -13% YoY
- ₹16.3 LakhNet profit · 2% margin
- ₹95.5 LakhEBITDA · 13% margin
- ₹1.5 LakhPaid-up capital
- 39Employees (provident fund records)
- +4%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ecfy Consulting Private Limited are on its company page.
Detailed financial statements for LogiCloud
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 LogiCloud
4 dated milestones of LogiCloud across 11 years, from founding to its latest funding, stage changes and deals.
- Founded LogiCloud is founded.
- Funding First funding round of $111K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $292K.
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as LogiCloud (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 3.54 B | USD 2.51 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.56 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 |
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Related news about Logicloud
Complete news archive for LogiCloud
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Frequently Asked Questions about LogiCloud
LogiCloud was founded in 2004 and raised its 1st funding round 10 years after it was founded.
LogiCloud is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
LogiCloud is a funded company, having raised a total of $402.42K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $110.84K, raised on Jun 2014.
LogiCloud has 39 employees.
The primary company behind LogiCloud, Ecfy Consulting Private Limited, reported revenue of ₹7.43 Cr for FY 2024, down 13% year on year.
LogiCloud was established in 2004 in Mumbai, India, within the logistics and supply chain sector. A cloud-based platform is operated to handle delivery management. Inventory and logistics processes are streamlined for efficiency. Visibility is granted into supply chain operations. Logistics partners are assigned by users, and order serviceability is verified. Real-time tracking of delivery status is enabled across operations.
LogiCloud has 3 investors. Key investors include Abhishek Chakraborty, Suresh Bansal, and Subhasish Chakraborty.
The valuation of LogiCloud is $1.06M as of Mar 2015.
LogiCloud operates through Ecfy Consulting Private Limited.
The legal entities of LogiCloud currently have 4 directors, including Abhishek Chakraborty, Apurva Krishnakant Mankad, Nehal Apurva Mankad and others.