About Onmove
Onmove is a company based in Gurugram (India) founded in 2016 by Praveen Jain and Pervinder Singh Chawla. Onmove has raised $17.53 million across 6 funding rounds from investors including BlackBuck, Anicut Capital and Ascent Capital. Onmove has completed 1 acquisition, including Trans India. Onmove operates in a competitive market with competitors including BlackBuck, Vahak, Celcius, Lobb and Raaho, among others.
- Headquarter Gurugram, India
- Founders Praveen Jain, Pervinder Singh Chawla
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$17.53 M (USD)
in 6 rounds
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Latest Funding Round
$13.57 M (USD), Series A
Aug 23, 2024
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Investors
BlackBuck
& 31 more
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Employee Count
Not available
- Investments & Acquisitions
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People of Onmove
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Funding Insights of Onmove
Onmove has successfully raised a total of $17.53M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $13.57 million completed in August 2024. 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.
Investors in Onmove
Onmove has secured backing from 32 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include BlackBuck, Anicut Capital and Ascent Capital.
| Investor | Description | Founded Year | Domain | Location |
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Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India.
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Locked | Locked | Locked | |
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Private equity and hedge fund focused on long/short equity strategies
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Locked | Locked | Locked | |
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Investment in start-ups, growth capital, and debt financing for business ventures.
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Locked | Locked | Locked |
Investor details for Onmove
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Onmove
Onmove has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Trans India.
Investment portfolio details for Onmove
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online marketplace that connects truck owners with load owners
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Locked | Locked | 2015 | Locked |
Complete acquisition details for Onmove
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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- Domains and locations
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Financial Statements - Onmove
Detailed financials for Onmove
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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Onmove Comparisons
Peer comparison for Onmove
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of Onmove
Onmove 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 BlackBuck, Vahak, Celcius, Lobb and Raaho, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Fleet operators are connected with truckers through a digital marketplace.
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| Locked | Locked | Locked |
An app-based marketplace is operated for cargo transportation bookings.
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| Locked | Locked | Locked |
Cold chain logistics solutions are booked through an online platform.
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| Locked | Locked | Locked |
Provider of a digital freight brokerage platform connecting transporters and truckers
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| Locked | Locked | Locked |
Operator of a digital network connecting shippers, truckers, and drivers
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Detailed competitors of Onmove
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Verified entity values are shown only after access is granted.
Latest news on Onmove
Complete news archive for Onmove
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Frequently Asked Questions about Onmove
Onmove was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Onmove is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Onmove is a funded company, having raised a total of $17.53M across 6 funding rounds to date.
Onmove was founded in 2016 in Gurugram, India, within the transportation technology sector. An integrated digital platform is provided for fleet owners, drivers, and customers, supporting load matching, vehicle tracking, and communication. Digital payments are facilitated, alongside tools for creating bookings, monitoring performance reports, managing delayed routes, and enabling real-time vehicle tracing. Operations focus on streamlining logistics processes across India.
Onmove has made 1 acquisition, including Trans India.
Onmove has 32 investors. Key investors include BlackBuck, Anicut Capital, Ascent Capital, GEPL Capital, and Oliphans Capital.
The valuation of Onmove is $77.36M as of Aug 2024.