About OFeX
OFeX is a Transportation, Automotive & Logistics company based in Pune (India) founded in 2015. OFeX offers telematics solutions for fleet management, fuel optimization, and safety. It operates on a B2B and SaaS model. OFeX offers products and services including Fleet Management System, Fuel Management Solution, AIS-140 Terminals, Fuel-Level Sensors, and Icon Display. Its focus areas include Transportation, Telematics, Vehicle Security and Theft Prevention. Its legal entity in India is Optimised Freight Exchange Private Limited (U63000PN2015PTC156309). Its competitors include ACKO, Fleetx and Intangles; 3 of its 3 listed competitors have raised funding.
Company details
OFeX specializes in developing telematics solutions for fleet and fuel management, using hardware and software to monitor vehicle data, reduce costs, and enhance safety. The company provides real-time insights into fuel consumption, vehicle tracking, and maintenance for businesses in transportation. Based in Pune, India, it serves various industries through subscription-based services and customizable products, helping clients optimize operations and prevent theft.
- Headquarters Pune, India
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website ofex.in
- Legal Name Optimised Freight Exchange Private Limited
- Date of Incorporation 26 Aug, 2015
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹13,650
FY 2024 · -95% YoY
Associated legal entities of OFeX
OFeX operates through Optimised Freight Exchange 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 |
|---|---|---|---|---|---|---|---|
| Optimised Freight Exchange Private Limited CIN U63000PN2015PTC156309 | Active | 26 Aug 2015 | Pune, Maharashtra | ₹0.0 Cr | 2 | View details |
Products & Services of OFeX
OFeX offers a comprehensive portfolio of products and services, including Fleet Management System, Fuel Management Solution, AIS-140 Terminals, Fuel-Level Sensors, and Icon Display.
Provides real-time vehicle insights for efficiency and cost reduction.
Tracks fuel levels and consumption to prevent theft and optimize usage.
Ensures regulatory compliance for vehicle tracking and safety.
Monitors fuel in real-time for accurate reporting and maintenance.
Offers user-friendly interface for vehicle data and alerts.
Board of directors of Optimised Freight Exchange Private Limited (OFeX)
Optimised Freight Exchange Private Limited is the primary company behind OFeX. The board of Optimised Freight Exchange Private Limited currently have 2 directors; the longest-serving is Vijay Kumar Saklecha, appointed in 2015. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vijay Kumar Saklecha DIN 01781301 | Director | 26 Aug 2015 | 11 yrs 1 mo | Optimised Freight Exchange Private Limited |
| Pratyush Sakhlecha DIN 07257638 | Director | 26 Aug 2015 | 11 yrs 1 mo | Optimised Freight Exchange Private Limited |
Financials of OFeX
Figures of Optimised Freight Exchange Private Limited, the primary company behind OFeX, for FY 2024. Revenue was ₹13,650 (-95% year on year).
- ₹13,650Revenue · FY 2024 · -95% YoY
- ₹29.1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Optimised Freight Exchange Private Limited are on its company page.
Detailed financial statements for OFeX
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.
Competitors of OFeX
OFeX has 3 listed competitors in our database, 3 of them funded. They include ACKO, Fleetx and Intangles.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| acko.com | 2016 | Bengaluru, India | $746.17M | 1,261 | Insurance products for vehicles, health, travel, and life are offered. | |
| fleetx.io | 2017 | Gurugram, India | $26.41M | 361 | AI, IoT, and analytics are utilized for fleet management. | |
| intangles.ai | 2016 | Pune, India | $52.79M | 352 | AI-powered platform for predictive fleet maintenance and management is provided. |
Detailed competitors of OFeX
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Traffic Management & Safety Systems
2 companies that operate in the same segment as OFeX (Traffic Management & Safety Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A mobile app for checking traffic violations and submitting complaints. | 2016 | Bengaluru, Karnataka, India | ||||
Serves as a mobile app for safety tracking and monitoring. | 2016 | Bengaluru, Karnataka, India | USD 553.47 K | USD 21.97 K |
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Frequently Asked Questions about OFeX
OFeX was founded in 2015.
OFeX is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
The primary company behind OFeX, Optimised Freight Exchange Private Limited, reported revenue of ₹13,650 for FY 2024, down 95% year on year.
OFeX specializes in developing telematics solutions for fleet and fuel management, using hardware and software to monitor vehicle data, reduce costs, and enhance safety. The company provides real-time insights into fuel consumption, vehicle tracking, and maintenance for businesses in transportation. Based in Pune, India, it serves various industries through subscription-based services and customizable products, helping clients optimize operations and prevent theft.
OFeX offers Fleet Management System, Fuel Management Solution, AIS-140 Terminals, Fuel-Level Sensors, and Icon Display.
OFeX operates through Optimised Freight Exchange Private Limited.
The legal entities of OFeX currently have 2 directors, including Vijay Kumar Saklecha, Pratyush Sakhlecha.