About NeoWings
NeoWings is a Transportation, Automotive & Logistics company based in Coimbatore (India) founded in 2020 by Muralikumar Balasubramaniam and Karthik Rathina Sabapathy. AI-based delivery management software is provided for logistics optimization. NeoWings has raised $394.87 thousand across 1 funding round from investors including Kannan Muthusamy, Indhumathi and Sujay Sankar. The company has 9 employees. NeoWings was last valued at $1.25 million in December 2021. Its Indian entity Neosay Technologies And Solutions Private Limited reported revenue of ₹7.52 Cr. NeoWings offers products and services including Route Optimization Solution, Driver App, and Delivery Management System. Its focus areas include Consumer, Logistics Tech, Parcel and Technology Enablers.
Company details
NeoWings was founded in 2020 in Coimbatore, India, as a provider of AI-based delivery management software. Route optimization, warehouse distribution, last-mile deliveries, order management, e-commerce integrations, scheduling, analytics, tracking, and electronic proof of delivery are included in its offerings. The software serves companies in retail, food, medicine, water, laundry, grocery, and FMCG sectors.
- Headquarters Coimbatore, India
- Employees 9
- Founders Muralikumar Balasubramaniam, Karthik Rathina Sabapathy
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website neowings.in
- Legal Name Neosay Technologies And Solutions Private Limited
- Date of Incorporation 20 May, 2015
- Jurisdiction Coimbatore, Tamil Nadu, India
- Annual Revenue₹7.52 Cr
FY 2024 · +63% YoY
- Net Profit₹32.1 Lakh
FY 2024 · 4% margin
- EBITDA₹40.8 Lakh
FY 2024 · 5% margin
- Total Equity Funding$394.87K (USD)
in 1 rounds
- Latest Funding Round$394.87K (USD), Angel Round
Dec 2021
- Employee Count9
Associated legal entities of NeoWings
NeoWings operates through Neosay Technologies And Solutions 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 |
|---|---|---|---|---|---|---|---|
| Neosay Technologies And Solutions Private Limited CIN U72200TZ2015PTC021399 | Active | 20 May 2015 | Coimbatore, Tamil Nadu | ₹7.5 Cr | 9 | 4 | View details |
Products & Services of NeoWings
NeoWings offers a comprehensive portfolio of products and services, including Route Optimization Solution, Driver App, and Delivery Management System.
Automates delivery routes to minimize costs and improve efficiency
Enables real-time route tracking and updates for drivers
Manages orders and provides performance analytics for businesses
Funding Insights of NeoWings
NeoWings has successfully raised a total of $394.87K through 1 strategic funding round. The most recent funding activity was a Angel Round of $394.87 thousand completed in December 2021. 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 $394,866
- Total Rounds 1
- Last Round Angel Round — $394,866
- First Round $394,866
(Dec 2021)
- Investors Count 5
All 1 funding rounds of NeoWings 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 |
|---|---|---|---|---|---|
| Dec 2021 | $394,866 | Angel Round | $1.25M | Kannan Muthusamy, Indhumathi |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2021 | $1.25M | •••••••• |
Last known valuation $1.25M (Dec 2021). 5 investors in total: 0 institutional and 5 angel.
Investors in NeoWings
NeoWings has secured backing from 5 investors, including angel investors. Prominent investors backing the company include Kannan Muthusamy, Indhumathi and Sujay Sankar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
KM Kannan Muthusamy | unknown_07124415af234f72b | |||
I Indhumathi | unknown_a27a8f7c7b0d4c499 | |||
SS Sujay Sankar | unknown_296fb48867c54e1b9 | |||
PJ Prabhakaran J | unknown_16537b448515441aa | |||
P Premarani | unknown_a8badb0cff0b4d489 |
Investor details for NeoWings
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Neosay Technologies And Solutions Private Limited (NeoWings)
Neosay Technologies And Solutions Private Limited is the primary company behind NeoWings. The board of Neosay Technologies And Solutions Private Limited currently have 4 directors; the longest-serving is Muralikumar Balasubramaniam, appointed in 2016. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Muralikumar Balasubramaniam DIN 07484248 | Director | 07 Apr 2016 | 10 yrs 6 mo | Neosay Technologies And Solutions Private Limited |
| Karthik DIN 07485175 | Director | 07 Apr 2016 | 10 yrs 6 mo | Neosay Technologies And Solutions Private Limited |
| Viswanathan Indhumathi DIN 09298628 | Additional Director | 08 Sep 2021 | 5 yrs 1 mo | Neosay Technologies And Solutions Private Limited |
| Muthusamy Kannan DIN 09303562 | Additional Director | 08 Sep 2021 | 5 yrs 1 mo | Neosay Technologies And Solutions Private Limited |
People of NeoWings
2 people are tracked at NeoWings (2 in leadership); the tracked headcount is 9.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Director | Leadership | |
Karthik Rathina Sabapathy | Co-Founder & Director | Leadership |
Complete people profiles for NeoWings
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of NeoWings
Figures of Neosay Technologies And Solutions Private Limited, the primary company behind NeoWings, for FY 2024. Revenue was ₹7.52 Cr (+63% year on year). Net profit was ₹32.1 Lakh (4% margin). EBITDA was ₹40.8 Lakh (5% margin). Revenue has grown at a compounded annual rate of +59% over three years and +22% over five years.
- ₹7.52 CrRevenue · FY 2024 · +63% YoY
- ₹32.1 LakhNet profit · 4% margin
- ₹40.8 LakhEBITDA · 5% margin
- ₹13.1 LakhPaid-up capital
- 9Employees (provident fund records)
- +59%Revenue CAGR, 3 years
- +22%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Neosay Technologies And Solutions Private Limited are on its company page.
Detailed financial statements for NeoWings
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 NeoWings
3 dated milestones of NeoWings across 1 years, from founding to its latest funding, stage changes and deals.
- Founded NeoWings is founded.
- Funding First funding round of $395K.
- Milestone Reaches Minicorn status.
Web traffic of NeoWings
Websites that share an audience with NeoWings (neowings.in).
Websites whose visitors overlap most with NeoWings. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
 bestschoolsmanagementsoftware.wordpress.com | bestschoolsmanagementsoftware.wordpress.com | 100% | – | ||
tracko.co.in | tracko.co.in | 93% | #2,620,105 | – | |
fleetstack.in | fleetstack.in | 88% | – | ||
safebus.io | safebus.io | 87% | – | ||
| acmatel.com | 84% | 3.2K | #4,935,429 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for NeoWings
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as NeoWings (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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Frequently Asked Questions about NeoWings
NeoWings was founded in 2020 and raised its 1st funding round 1 year after it was founded.
NeoWings is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
NeoWings is a funded company, having raised a total of $394.87K across 1 funding round to date. The company's 1st funding round was a Angel Round of $394.87K, raised on Dec 2021.
NeoWings has 9 employees.
The primary company behind NeoWings, Neosay Technologies And Solutions Private Limited, reported revenue of ₹7.52 Cr for FY 2024, up 63% year on year.
NeoWings was founded in 2020 in Coimbatore, India, as a provider of AI-based delivery management software. Route optimization, warehouse distribution, last-mile deliveries, order management, e-commerce integrations, scheduling, analytics, tracking, and electronic proof of delivery are included in its offerings. The software serves companies in retail, food, medicine, water, laundry, grocery, and FMCG sectors.
NeoWings offers Route Optimization Solution, Driver App, and Delivery Management System.
NeoWings has 5 investors. Key investors include Kannan Muthusamy, Indhumathi, Sujay Sankar, Prabhakaran J, and Premarani.
The valuation of NeoWings is $1.25M as of Dec 2021.
NeoWings operates through Neosay Technologies And Solutions Private Limited.
The legal entities of NeoWings currently have 4 directors, including Muralikumar Balasubramaniam, Viswanathan Indhumathi, Muthusamy Kannan and others.