About OxyZEN Express
OxyZEN Express is a Transportation, Automotive & Logistics company based in Chennai (India) founded in 2021 by Mandar Babre, Peter H Jayakumar, Patram Choudhary, Raghuraman Ramakrishnan, and Bala Aghoramurthy. Logistics provider offering e-commerce fulfillment and supply chain solutions. OxyZEN Express has raised $5.15 million across 3 funding rounds from investors including Jaipur Rugs, TNIFMC and DahNAY. The company has 249 employees. OxyZEN Express was last valued at $12.29 million in November 2023. Its Indian entity Oxyzen Express Private Limited reported revenue of ₹4.14 Cr. Its focus areas include Consumer, Logistics Tech, Ecommerce Logistics and Fulfillment Enablers. Its competitors include Shiprocket, Pickrr and Prozo; 3 of its 3 listed competitors have raised funding.
Company details
OxyZEN Express was founded in 2021 and is headquartered in Chennai, India. Operations in the logistics sector are centered on end-to-end services for e-commerce fulfillment and supply chain management. Solutions encompass transportation, warehousing, and distribution to support business needs across various industries. The company is led by a team of co-founders with expertise in logistics and operations.
- Headquarters Chennai, India
- Employees 249
- Founders Mandar Babre, Peter H Jayakumar, Patram Choudhary, Raghuraman Ramakrishnan, Bala Aghoramurthy
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website oxyzenexpress.com
- Social LinkedIn X
- Legal Name Oxyzen Express Private Limited
- Date of Incorporation 15 Sep, 2021
- Jurisdiction Kanchipuram, Tamil Nadu, India
- Annual Revenue₹4.14 Cr
FY 2025 · -93% YoY
- Net Loss-₹20.94 Cr
FY 2025 · -506% margin
- EBITDA-₹6.18 Cr
FY 2025 · -149% margin
- Total Equity Funding$5.15M (USD)
in 3 rounds
- Latest Funding Round$925.99K (USD), Seed
Nov 2023
- InvestorsJaipur Rugs
& 35 more
- Employee Count249
Associated legal entities of OxyZEN Express
OxyZEN Express operates through Oxyzen Express Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Oxyzen Express Private Limited CIN U63040TN2021PTC146203 | Active | 15 Sep 2021 | Chennai, Tamil Nadu | ₹4.1 Cr | 249 | 4 | View details |
Funding Insights of OxyZEN Express
OxyZEN Express has successfully raised a total of $5.15M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $925.99 thousand completed in November 2023. 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 $5.15M
- Total Rounds 3
- Last Round Seed — $925,987
- First Round $1.22M
(May 2022)
- Investors Count 36
All 3 funding rounds of OxyZEN Express 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 |
|---|---|---|---|---|---|
| Nov 2023 | $925,987 | Seed | $12.29M | – | |
| Mar 2023 | $3M | Seed | $8.67M | SNAM Alloys, TIDCO | |
| May 2022 | $1.22M | Seed | $••••• | Igol |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2023 | $12.29M | •••••••• |
| Mar 2023 | $8.67M | •••••••• |
| May 2022 | $••••• | •••••••• |
Full valuation and stage history of OxyZEN Express
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $12.29M (Nov 2023). 36 investors in total: 11 institutional and 25 angel.
Investors in OxyZEN Express
OxyZEN Express has secured backing from 36 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Jaipur Rugs, TNIFMC and DahNAY.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment management for thematic funds in affordable housing, emerging sectors, and climate initiatives. | 2015 | tnifmc.com | Chennai, India | |
Ferro alloys and inoculants are produced for industrial foundries. | snam.co.in | Pondicherry, India | ||
Infrastructure financing firm | 1965 | tidco.com | Chennai, India | |
Apptmyz develops software for logistics, fleet, and warehouse automation. | apptmyz.com | Secunderabad, India | ||
Samta Foundation is focused on rural and tribal community welfare in India. | samtafoundation.org | Mumbai, India | ||
| snamsolutions.tcc.mode | ||||
| igol.net.in | ||||
Manufacturer and distribution of hand-knotted rugs | 1978 | jaipurrugs.com | Jaipur, India | |
Provides air freight, sea freight, warehousing, and custom brokerage for businesses. | 2007 | dahnay.com | Chennai, India | |
Injection moulded plastic components are produced in Chennai. | dhanalakshmiplastics.tcc.mode | Chennai, India |
Investor details for OxyZEN Express
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Board of directors of Oxyzen Express Private Limited (OxyZEN Express)
Oxyzen Express Private Limited is the primary company behind OxyZEN Express. The board of Oxyzen Express Private Limited currently have 2 directors; the longest-serving is Peter Jayakumar Harrison, appointed in 2021. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Peter Jayakumar Harrison DIN 00415883 | Whole-time director | 15 Sep 2021 | 5 yrs 1 mo | Oxyzen Express Private Limited |
| Balasubramanian Aghoramurthy DIN 06960138 | Managing Director | 15 Sep 2021 | 5 yrs 1 mo | Oxyzen Express Private Limited |
People of OxyZEN Express
5 people are tracked at OxyZEN Express (5 in leadership); the tracked headcount is 249.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder & Director | Leadership | |
Raghuraman Ramakrishnan | Co-Founder | Leadership |
Bala Aghoramurthy | Co-Founder | Leadership |
Complete people profiles for OxyZEN Express
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Financials of OxyZEN Express
Figures of Oxyzen Express Private Limited, the primary company behind OxyZEN Express, for FY 2025. Revenue was ₹4.14 Cr (-93% year on year). Net loss was -₹20.94 Cr (-506% margin). EBITDA was -₹6.18 Cr (-149% margin). Revenue has grown at a compounded annual rate of +42% over three years.
- ₹4.14 CrRevenue · FY 2025 · -93% YoY
- -₹20.94 CrNet loss · -506% margin
- -₹6.18 CrEBITDA · -149% margin
- ₹2.41 CrPaid-up capital
- 249Employees (provident fund records)
- +42%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Oxyzen Express Private Limited are on its company page.
Detailed financial statements for OxyZEN Express
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of OxyZEN Express
4 dated milestones of OxyZEN Express across 2 years, from founding to its latest funding, stage changes and deals.
- Founded OxyZEN Express is founded.
- Funding First funding round of $1.2M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $926K.
Competitors of OxyZEN Express
OxyZEN Express has 3 listed competitors in our database, 3 of them funded. They include Shiprocket, Pickrr and Prozo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| shiprocket.in | 2012 | Gurugram, India | $321.57M | 2,607 | E-commerce tools for shipping, marketing, and financial services are provided. | |
| pickrr.com | 2015 | Gurugram, India | $16.36M | AI-based logistics solutions are provided for shipping and tracking. | ||
| prozo.com | 2014 | Gurugram, India | $19.98M | 1,118 | Online platform offering wholesale and business-focused e-commerce solutions |
Detailed competitors of OxyZEN Express
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Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as OxyZEN Express (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 3.54 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.56 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 Oxyzen Express
Complete news archive for OxyZEN Express
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Frequently Asked Questions about OxyZEN Express
OxyZEN Express was founded in 2021 and raised its 1st funding round 1 year after it was founded.
OxyZEN Express is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
OxyZEN Express is a funded company, having raised a total of $5.15M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.22M, raised on May 2022.
OxyZEN Express has 249 employees.
The primary company behind OxyZEN Express, Oxyzen Express Private Limited, reported revenue of ₹4.14 Cr for FY 2025, down 93% year on year.
OxyZEN Express was founded in 2021 and is headquartered in Chennai, India. Operations in the logistics sector are centered on end-to-end services for e-commerce fulfillment and supply chain management. Solutions encompass transportation, warehousing, and distribution to support business needs across various industries. The company is led by a team of co-founders with expertise in logistics and operations.
OxyZEN Express's top competitors include Shiprocket, Prozo and Pickrr.
OxyZEN Express has 36 investors. Key investors include Jaipur Rugs, TNIFMC, DahNAY, TIDCO, and Bala Aghoramurthy.
The valuation of OxyZEN Express is $12.29M as of Nov 2023.
OxyZEN Express operates through Oxyzen Express Private Limited.
The legal entities of OxyZEN Express currently have 3 directors, including Peter Jayakumar Harrison, Balasubramanian Aghoramurthy, Peter Harrison Jayakumar.