About Mailit
Mailit is a company based in Mumbai (India) founded in 2006 by Mahesh Shirodkar.. The company has 53 employees as of April 07, 2024. Mailit offers products and services including Express Courier and Cargo, Mailroom Management Services, Warehouse Management, and EV Deliveries. Mailit operates in a competitive market with competitors including Earth Class Mail, Anytime Mailbox, PostScan Mail, Stable and Coordinator USA, among others.
- Headquarter Mumbai, India
- Employees 53 as on 07 Apr, 2024
- Founders Mahesh Shirodkar
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Mailit Mailroom Management Services Private Limited
- Date of Incorporation 16 Mar, 2006
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$712.4 K (USD)-12.18as on Mar 31, 2022
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Net Profit
$-37.47 K (USD)67.75as on Mar 31, 2022
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EBITDA
$7.33 K (USD)111.63as on Mar 31, 2022
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Latest Funding Round
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Investors
& 1 more
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Employee Count
53
as on Apr 07, 2024
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Products & Services of Mailit
Mailit offers a comprehensive portfolio of products and services, including Express Courier and Cargo, Mailroom Management Services, Warehouse Management, and EV Deliveries. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides express delivery and cargo for corporate clients
Handles mailroom operations and digital solutions for businesses
Manages warehouses and logistics parks for efficient storage
Offers electric vehicle-based delivery services for eco-friendly transport
Funding Insights of Mailit
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Seed - Mailit | Valuation | Ratan N Tata |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mailit
Mailit has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Ratan Tata and Ratan N Tata. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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RT
Ratan Tata |
Chairman Emeritus of Tata Sons, iconic industrialist, and active angel investor
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Founded Year | Domain | Location |
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RN
Ratan N Tata |
Chairman Emeritus of Tata Sons, iconic industrialist, and active angel investor
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mailit
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Mailit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mailit Comparisons
Competitors of Mailit
Mailit 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 Earth Class Mail, Anytime Mailbox, PostScan Mail, Stable and Coordinator USA, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online mail management services are provided for individuals and businesses.
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| domain | founded_year | HQ Location |
Offers virtual mailboxes for online access, forwarding, and secure mail handling services.
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| domain | founded_year | HQ Location |
Provides virtual mailbox services for managing and forwarding postal mail online.
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| domain | founded_year | HQ Location |
Stable is engaged in providing virtual address and mailbox solutions for businesses.
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| domain | founded_year | HQ Location |
Provides enterprise virtual mailbox services for efficient business operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mailit
Frequently Asked Questions about Mailit
When was Mailit founded?
Mailit was founded in 2006 and raised its 1st funding round 15 years after it was founded.
Where is Mailit located?
Mailit is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does Mailit have?
As of Apr 07, 2024, the latest employee count at Mailit is 53.
What is the annual revenue of Mailit?
Annual revenue of Mailit is $712.4K as on Mar 31, 2022.
What does Mailit do?
Mailit was founded in 2006 in Mumbai, India, and operates in the logistics sector. Tech-enabled mailroom services are delivered, encompassing processing and dispatching for postal, courier, cargo, and bulk mailing operations. Integrated solutions for mailroom management are extended to support various logistics needs across the region.
Who are the top competitors of Mailit?
Mailit's top competitors include Earth Class Mail, Stable and Anytime Mailbox.
What products or services does Mailit offer?
Mailit offers Express Courier and Cargo, Mailroom Management Services, Warehouse Management, and EV Deliveries.
Who are Mailit's investors?
Mailit has 2 investors. Key investors include Ratan Tata, and Ratan N Tata.
What is Mailit's valuation?
The valuation of Mailit is $66.43K as of Apr 2021.
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