About LogiPe
LogiPe is a company based in Bengaluru (India) founded in 2021 by Tejpal Yadav, Abhishek Goyal, and Mrutyunjay Hiremath. LogiPe has raised $1.93 million across 1 funding round from investors including Angel List, Wellfound and OCFO. The company has 28 employees as of April 05, 2024. LogiPe offers products and services including SaaS Platform, Fuel Wallet, and FASTag. LogiPe operates in a competitive market with competitors including Numadic, Truck Khata, TransBadi, TrukSe and VAHN, among others.
- Headquarter Bengaluru, India
- Employees 28 as on 05 Apr, 2024
- Founders Tejpal Yadav, Abhishek Goyal, Mrutyunjay Hiremath
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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Phone
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Website
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Social
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- Legal Name Logipe Fintech Private Limited
- Date of Incorporation 10 Jan, 2022
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$209.46 K (USD)0as on Mar 31, 2023
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Net Profit
-$1.24 M (USD)0as on Mar 31, 2023
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EBITDA
-$1.17 M (USD)0as on Mar 31, 2023
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Total Equity Funding
$1.93 M (USD)
in 1 rounds
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Latest Funding Round
$1.93 M (USD), Seed
Mar 23, 2022
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Investors
Angel List
& 21 more
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Employee Count
28
as on Apr 05, 2024
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Products & Services of LogiPe
LogiPe offers a comprehensive portfolio of products and services, including SaaS Platform, Fuel Wallet, and FASTag.
Platform for digitizing truck operations and management.
Wallet for vehicle fuel recharges and auto-recharge features.
Service for auto-recharge of FASTag and refund processing.
Funding Insights of LogiPe
LogiPe has successfully raised a total of $1.93M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.93 million completed in March 2022. 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.
Investors in LogiPe
LogiPe has secured backing from 22 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Wellfound and OCFO.
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Early-stage companies are invested in by Better Capital.
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Venture capital fund backed by single family office
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Early-stage founders are supported through impactful venture capital investments.
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Investor details for LogiPe
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Investments & Acquisitions by LogiPe
Investment portfolio details for LogiPe
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- Transaction dates
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Financial Statements - LogiPe
Detailed financials for LogiPe
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- Profit trends
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Logipe Comparisons
Peer comparison for LogiPe
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of LogiPe
LogiPe 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 Numadic, Truck Khata, TransBadi, TrukSe and VAHN, among others.
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GPS and web-based fleet trackers and sensors are provided.
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Bookkeeping software for truck owners and agents is managed.
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Provides payment solutions tailored for the fuel and freight industry.
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Provides payment processing solutions tailored for the truck driving industry.
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A mobile wallet platform for convenient fuel payments.
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Detailed competitors of LogiPe
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Latest news on Logipe
Complete news archive for LogiPe
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Frequently Asked Questions about LogiPe
LogiPe was founded in 2021 and raised its 1st funding round 1 year after it was founded.
LogiPe is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Mrutyunjay Hiremath is the current CEO of LogiPe. They have also founded this company.
LogiPe is a funded company, having raised a total of $1.93M across 1 funding round to date.
As of Apr 05, 2024, the latest employee count at LogiPe is 28.
Annual revenue of LogiPe is $209.46K as on Mar 31, 2023.
LogiPe was founded in 2021 in Bengaluru, India, as a provider of solutions in the fleet management sector. Operations are centralized through a platform that handles payments, transparency, and efficiency. Services encompass prepaid card management, FASTag automation, automated invoicing, and LRGR management. Real-time tracking is facilitated to support fleet oversight and process streamlining across logistics operations.
LogiPe's top competitors include Truck Khata, Numadic and TransBadi.
LogiPe offers SaaS Platform, Fuel Wallet, and FASTag.
LogiPe has 22 investors. Key investors include Angel List, Wellfound, OCFO, QED Innovation, and Better Capital.
The valuation of LogiPe is $6.92M as of Mar 2022.