About MaalGaadi
MaalGaadi is a Transportation, Automotive & Logistics company based in Indore (India) founded in 2015 by Anirudh Garg. It offers loading solutions with live tracking for load picking and delivering throughout the city boundaries. MaalGaadi has raised $446.07 thousand across 2 funding rounds from investors including Swan Finance, VSNi and Jaideep Ispat and Alloys. Its Indian entity Avps Transort Private Limited reported revenue of ₹3.2 Lakh. Its focus areas include Consumer, Logistics Tech, Freight and Trucking. Its competitors include BlackBuck, Vahak and Trans India; 2 of its 3 listed competitors have raised funding.
Company details
MaalGaadi was founded in 2015 in Indore, India, as a logistics company focused on haulage services. Operations are conducted through an Android mobile application, where live tracking of loads, freight allotments, and e-invoicing are facilitated. Services support picking and delivering within city boundaries, enabling efficient urban transport solutions for users.
- Headquarters Indore, India
- Founders Anirudh Garg
- SectorsTransportation, Automotive & Logistics
- Website maalgaadi.app
- Social LinkedIn X
- Legal Name Avps Transort Private Limited
- Date of Incorporation 21 Sep, 2015
- Jurisdiction Indore, Madhya Pradesh, India
- Annual Revenue₹3.2 Lakh
FY 2019 · -75% YoY
- Net Loss-₹29.8 Lakh
FY 2019 · -942% margin
- EBITDA-₹25.6 Lakh
FY 2019 · -809% margin
- Total Equity Funding$446.07K (USD)
in 2 rounds
- Latest Funding Round$153.84K (USD), Seed
Mar 2018
- InvestorsSwan Finance
& 19 more
Associated legal entities of MaalGaadi
MaalGaadi operates through Avps Transort Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Avps Transort Private Limited CIN U72900MP2015PTC034723 | Active | 21 Sep 2015 | Indore, Madhya Pradesh | ₹0.0 Cr | 3 | View details |
Funding Insights of MaalGaadi
MaalGaadi has successfully raised a total of $446.07K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $153.84 thousand completed in March 2018. 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 $446,069
- Total Rounds 2
- Last Round Seed — $153,835
- First Round $292,234
(Mar 2016)
- Investors Count 20
All 2 funding rounds of MaalGaadi 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 2018 | $153,835 | Seed | – | – | |
| Mar 2016 | $292,234 | Seed | – | – |
20 investors in total: 6 institutional and 14 angel.
Investors in MaalGaadi
MaalGaadi has secured backing from 20 investors, including institutional and angel investors. Prominent investors backing the company include Swan Finance, VSNi and Jaideep Ispat and Alloys.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Platform offering data science and statistical data analytics tools | 2000 | vsni.co.uk | Hemel Hempstead, United Kingdom | |
Litigation funding consultancy services are provided by LFC. | litigationfc.com | Esher, United Kingdom | ||
Financial advisory and services for corporate finance, wealth management, and tax consultancy. | 2015 | swanfinance.co.in | Indore, India | |
A multifamily real estate investment firm based in Chicago. | dmgcapital.com | Chicago, United States | ||
| sva.tcc.mode | ||||
SC Sunil Chordia | unknown_179d61a1499744b18 | |||
SK Sachin Khandewal | unknown_1dae246d299542228 | |||
NB Naresh Bhandari | unknown_cf8e13fff4bc4e3e9 | |||
SR Saurabh Raj | unknown_b834ed51fe234eea8 | |||
AG Anirudh Garg | Angel investor and founder of Beldara, focusing on B2B marketplaces | unknown_41024e66453940549 |
Investor details for MaalGaadi
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Board of directors of Avps Transort Private Limited (MaalGaadi)
Avps Transort Private Limited is the primary company behind MaalGaadi. The board of Avps Transort Private Limited currently have 3 directors; the longest-serving is Anirudh Garg, appointed in 2015. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anirudh Garg DIN 07039446 | Director | 21 Sep 2015 | 11 yrs 1 mo | Avps Transort Private Limited |
| Saurab Rajput DIN 06602879 | Director | 21 Sep 2015 | 11 yrs 1 mo | Avps Transort Private Limited |
| Nilesh Jain DIN 01090504 | Director | 18 Mar 2016 | 10 yrs 7 mo | Avps Transort Private Limited |
People of MaalGaadi
1 people are tracked at MaalGaadi (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for MaalGaadi
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Financials of MaalGaadi
Figures of Avps Transort Private Limited, the primary company behind MaalGaadi, for FY 2019. Revenue was ₹3.2 Lakh (-75% year on year). Net loss was -₹29.8 Lakh (-942% margin). EBITDA was -₹25.6 Lakh (-809% margin). Revenue has grown at a compounded annual rate of +42% over three years.
- ₹3.2 LakhRevenue · FY 2019 · -75% YoY
- -₹29.8 LakhNet loss · -942% margin
- -₹25.6 LakhEBITDA · -809% margin
- ₹1.6 LakhPaid-up capital
- +42%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Avps Transort Private Limited are on its company page.
Detailed financial statements for MaalGaadi
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of MaalGaadi
3 dated milestones of MaalGaadi across 3 years, from founding to its latest funding, stage changes and deals.
- Founded MaalGaadi is founded.
- Funding First funding round of $292K.
- Funding Latest funding round, Seed, of $154K.
Competitors of MaalGaadi
MaalGaadi has 3 listed competitors in our database, 2 of them funded. They include BlackBuck, Vahak and Trans India.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blackbuck.com | 2015 | Bengaluru, India | $358.82M | 1,545 | Fleet operators are connected with truckers through a digital marketplace. | |
| vahak.in | 2017 | Bengaluru, India | $25.89M | 174 | An app-based marketplace is operated for cargo transportation bookings. | |
| transin.in | 2015 | Hyderabad, India | 50 | Online marketplace that connects truck owners with load owners |
Detailed competitors of MaalGaadi
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Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as MaalGaadi (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 3.62 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.37 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 Maalgaadi
Complete news archive for MaalGaadi
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Frequently Asked Questions about MaalGaadi
MaalGaadi was founded in 2015 and raised its 1st funding round 1 year after it was founded.
MaalGaadi is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.
MaalGaadi is a funded company, having raised a total of $446.07K across 2 funding rounds to date. The company's 1st funding round was a Seed of $292.23K, raised on Mar 2016.
The primary company behind MaalGaadi, Avps Transort Private Limited, reported revenue of ₹3.2 Lakh for FY 2019, down 75% year on year.
MaalGaadi was founded in 2015 in Indore, India, as a logistics company focused on haulage services. Operations are conducted through an Android mobile application, where live tracking of loads, freight allotments, and e-invoicing are facilitated. Services support picking and delivering within city boundaries, enabling efficient urban transport solutions for users.
MaalGaadi's top competitors include BlackBuck, Vahak and Trans India.
MaalGaadi has 20 investors. Key investors include Swan Finance, VSNi, Jaideep Ispat and Alloys, Sunil Chordia, and Sachin Khandewal.
MaalGaadi operates through Avps Transort Private Limited.
The legal entities of MaalGaadi currently have 3 directors, including Anirudh Garg, Saurab Rajput, Nilesh Jain.