Logisure

Jaipur, India Founded: 2014 • Age: 12 yrs
Provides intra-city B2B logistics services for efficient delivery solutions.

About Logisure

Data last updated:

Logisure is a company based in Jaipur (India) founded in 2014 by Vikas Sethia, Sharwan Sharma, and Anirudh Batwara. It operates as a B2B. The company has 1 employees. Logisure operates in a competitive market with competitors including Infraprime Logistics Technologies, SmartShift, TruckBhejo, TruckSumo and Turant Delivery, among others.

  • Headquarter Jaipur, India
  • Employees 1
  • Founders Vikas Sethia, Sharwan Sharma, Anirudh Batwara
  • Sectors
    Transportation, Automotive & Logistics
  • Website logisure.in
  • Social X
  • Legal Name Gvtechno Logistic Private Limited
  • Date of Incorporation 01 Dec, 2014
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Transportation, Automotive & Logistics β†’ Supply Chain, Freight & Logistics → Operational Coordination → Supply Chain Services
Tags
Logistics Transportation Supply Chain Intra-City Delivery
Key Metrics
  • Annual Revenue
    $82.99 K (USD)
    83.22
    as on Mar 31, 2019
  • Net Profit
    -$54.15 K (USD)
    6.42
    as on Mar 31, 2019
  • EBITDA
    -$26.81 K (USD)
    -18.95
    as on Mar 31, 2019
  • Investors
  • Employee Count
    1

People of Logisure

3 people are tracked at Logisure (3 in leadership); the tracked headcount is 1.

NameRoleGroup
Co-Founder, CEOLeadership
Sharwan Sharma
Co-FounderLeadership
Co-Founder, CTOLeadership
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Board of directors of Gvtechno Logistic Private Limited (Logisure)

Gvtechno Logistic Private Limited is the primary company behind Logisure. The board of Gvtechno Logistic Private Limited currently have 2 directors; the longest-serving is Priya Jain, appointed in 2020. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Priya Jain
DIN 06999435
Additional Director01 Sep 20206 yrs 1 moGvtechno Logistic Private Limited
Samer Khamees Hasan Marei
DIN 08587470
Additional Director02 Nov 20205 yrs 11 moGvtechno Logistic Private Limited

Financials of Logisure

Figures of Gvtechno Logistic Private Limited, the primary company behind Logisure, for FY 2019. Revenue was ₹0.59 Cr (+83% year on year). Net loss was -₹0.39 Cr (-65% margin). EBITDA was -₹0.02 Cr (-3% margin). Revenue has grown at a compounded annual rate of -41% over three years.

  • ₹0.59 CrRevenue · FY 2019 · +83% YoY
  • -₹0.39 CrNet loss · -65% margin
  • -₹0.02 CrEBITDA · -3% margin
  • ₹0.06 CrPaid-up capital
  • -41%Revenue CAGR, 3 years

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

Buy the company report of Gvtechno Logistic Private Limited
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Detailed financial statements for Logisure

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Funding Insights of Logisure

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Logisure with amounts, post-money valuations and investors.

DateAmountTransaction NameValuationLead InvestorsInvestors
04 Jul 2016UndisclosedSeed––
Valuation history

1 investors in total: 1 institutional.

Investors in Logisure

Logisure has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Aramex.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Express, freight, and logistics solutions are provided worldwide.
1982aramex.comDubai, United Arab Emirates
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Timeline of Logisure

2 dated milestones of Logisure across 2 years, from founding to its latest funding, stage changes and deals.

  1. Logisure is founded.
  2. First funding round.

Competitors of Logisure

Logisure 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 Infraprime Logistics Technologies, SmartShift, TruckBhejo, TruckSumo and Turant Delivery, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
infraprimelogistics.com2017Gurugram, India$5.6M34
Electric heavy-duty trucks are developed for logistics and construction sectors.
smartshift.in2015Mumbai, India–8
Online trucking services booking platform
truckbhejo.com2016Mumbai, India$231,288–
Offers app-based marketplace for hiring mini trucks
trucksumo.com2015Hyderabad, India$809,7321
Short-haul services are booked via an online marketplace platform.
turantdelivery.com2015Mumbai, India––
Serves as an aggregator platform connecting users with various logistics providers for efficient delivery solutions.
dalahub.com2014Lucknow, India–687
Operates an online platform for booking minitrucks conveniently.
onlinetempo.com2015Vadodara, India––
Online platform for booking light commercial vehicles.
lotrucks.com2015Bengaluru, India–5
Operates an online closed marketplace for intracity logistics services.
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Detailed competitors of Logisure

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Latest news on Logisure

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Frequently Asked Questions about Logisure

Logisure was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Logisure is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.

Vikas Sethia is the current CEO of Logisure. They have also founded this company.

Logisure has 1 employees.

Annual revenue of Logisure is $82.99K as on Mar 31, 2019.

Logisure provides intra-city b2b logistics services for efficient delivery solutions through streamlining logistics processes, providing transportation services, optimizing supply chain operations, and intra-city delivery. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Logisure's top competitors include Infraprime Logistics Technologies, SmartShift and TruckBhejo.

Logisure has 1 investor. Key investors include Aramex.

Logisure operates through Udaan Logisure Private Limited.

The legal entities of Logisure currently have 2 directors, including Samer Khamees Hasan Marei, Priya Jain.

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