About ParcelX
ParcelX is a Transportation, Automotive & Logistics company based in Delhi (India) founded in 2020 by Ayush Mendiratta and Gautam Arora. It operates as an AI and web-based end-to-end shipping management solutions are provided. It operates on a SaaS (Software-as-a-Service) and Pay-per-Use / Usage-Based model. ParcelX has raised $32.65 thousand across 1 funding round from investors including Kuldeep Kumar Shukla. The company has 22 employees. ParcelX was last valued at $1.21 million in December 2021. Its website parcelx.in draws about 492 thousand monthly visits. Its Indian entity Exyte Solutions Private Limited reported revenue of ₹32.24 Cr. ParcelX offers products and services including Shipping Platform, Express Delivery, and International Shipping. Its focus areas include Transportation, Logistics and Courier and Delivery Services. Its competitors include LetsTransport, FarEye, RoadCast, BikeNinja and AntsRoute and 4 more; 5 of its 9 listed competitors have raised funding.
Company details
ParcelX is established as an AI-driven platform designed to simplify end-to-end shipping processes for businesses. Logistics needs are managed through a single-window system that integrates multiple carriers, reducing time and costs. Solutions are provided for e-commerce retailers, marketplaces, enterprises, and fulfillment centers. Services such as express delivery, international shipping, and hyperlocal options are offered to cater to diverse customer requirements. The platform is utilized to enhance customer loyalty and business scalability with seamless logistics across India and globally.
- Headquarters Delhi, India
- Employees 22
- Founders Ayush Mendiratta, Gautam Arora
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Website category Finance
- Email••••••••
- Website parcelx.in
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Exyte Solutions Private Limited
- Date of Incorporation 04 Dec, 2020
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹32.24 Cr
FY 2024 · +237% YoY
- Net Profit₹36.3 Lakh
FY 2024 · 1% margin
- EBITDA₹45.9 Lakh
FY 2024 · 1% margin
- Total Equity Funding$32.65K (USD)
in 1 rounds
- Latest Funding Round$32.65K (USD), Angel Round
Dec 2021
- Employee Count22
Associated legal entities of ParcelX
ParcelX operates through Exyte 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 |
|---|---|---|---|---|---|---|---|
| Exyte Solutions Private Limited CIN U63030DL2020PTC374160 | Active | 04 Dec 2020 | New Delhi, Delhi | ₹32.2 Cr | 22 | 3 | View details |
Products & Services of ParcelX
ParcelX offers a comprehensive portfolio of products and services, including Shipping Platform, Express Delivery, and International Shipping.
AI-based platform is used for streamlined shipping management.
Express delivery service is provided for urgent shipments.
International shipping solutions are offered for global reach.
Apps and channels of ParcelX
its YouTube channel ParcelX has 282 subscribers.
Funding Insights of ParcelX
ParcelX has successfully raised a total of $32.65K through 1 strategic funding round. The most recent funding activity was a Angel Round of $32.65 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 $32,653
- Total Rounds 1
- Last Round Angel Round — $32,653
- First Round $32,653
(Dec 2021)
- Investors Count 1
All 1 funding rounds of ParcelX 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 | $32,653 | Angel Round | $1.21M | Kuldeep Kumar Shukla | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2021 | $1.21M | •••••••• |
Last known valuation $1.21M (Dec 2021). 1 investors in total: 0 institutional and 1 angel.
Investors in ParcelX
ParcelX has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Kuldeep Kumar Shukla.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
KK Kuldeep Kumar Shukla | - | – | unknown_665581a6100e415ea | - |
Investor details for ParcelX
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 Exyte Solutions Private Limited (ParcelX)
Exyte Solutions Private Limited is the primary company behind ParcelX. The board of Exyte Solutions Private Limited currently have 3 directors; the longest-serving is Gautam Arora, appointed in 2021. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gautam Arora DIN 09196313 | Director | 15 Jun 2021 | 5 yrs 4 mo | Exyte Solutions Private Limited |
| Ayush Mendiratta DIN 09196314 | Director | 15 Jun 2021 | 5 yrs 4 mo | Exyte Solutions Private Limited |
| Kuldeep Kumar Shukla DIN 09584662 | Director | 25 Apr 2022 | 4 yrs 5 mo | Exyte Solutions Private Limited |
People of ParcelX
8 people are tracked at ParcelX (4 in leadership, 4 in team); the tracked headcount is 22.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Guo Shunri | Co-Founder and CEO | Leadership |
Kailash Singh | Associate Vice President | Leadership |
Kislay Kumar | Business Analyst | Team |
Praveen Kumar | Operations Manager | Team |
Kirti Singh | Sales And Operation | Team |
Sudhanshu Kumar Singh | Manager – Operation And Strategic | Team |
Complete people profiles for ParcelX
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 ParcelX
Figures of Exyte Solutions Private Limited, the primary company behind ParcelX, for FY 2024. Revenue was ₹32.24 Cr (+237% year on year). Net profit was ₹36.3 Lakh (1% margin). EBITDA was ₹45.9 Lakh (1% margin).
- ₹32.24 CrRevenue · FY 2024 · +237% YoY
- ₹36.3 LakhNet profit · 1% margin
- ₹45.9 LakhEBITDA · 1% margin
- ₹1 LakhPaid-up capital
- 22Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Exyte Solutions Private Limited are on its company page.
Detailed financial statements for ParcelX
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 ParcelX
3 dated milestones of ParcelX across 1 years, from founding to its latest funding, stage changes and deals.
- Founded ParcelX is founded.
- Funding First funding round of $33K.
- Milestone Reaches Minicorn status.
Competitors of ParcelX
ParcelX has 9 listed competitors in our database, 5 of them funded. They include LetsTransport, FarEye, RoadCast, BikeNinja and AntsRoute, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| letstransport.in | 2015 | Bengaluru, India | $92.6M | 463 | Platform offering customised logistic solutions to enterprises | |
| fareye.com | 2013 | Chicago, United States | $152.06M | 388 | Last-mile delivery operations are managed through SaaS and AI solutions. | |
| roadcast.in | 2015 | Delhi, India | $2.26M | 25 | Provider of vehicle telematics and fleet management solutions | |
| bikeninja.in | 2015 | Bengaluru, India | $818,690 | 4 | Provider of hyperlocal delivery services for businesses | |
| antsroute.com | 2015 | Nancy, France | $530,560 | – | Cloud-based solutions for last-mile delivery management are provided. | |
| rytle.de | 2017 | Bremen, Germany | – | 24 | End-to-end software and hardware for last-mile delivery management are provided. | |
| jumppers.com | 2020 | Delhi, India | – | 13 | Sustainable B2B last-mile delivery and green logistics solutions are provided. | |
| clobz.com | 2013 | Gurugram, India | – | 27 | SaaS application for automating field sales, tracking performance, and managing operations. | |
| fleetroot.com | 2021 | Dubai, United Arab Emirates | – | – | IoT-powered SaaS solutions for logistics and transport operations are offered. |
Detailed competitors of ParcelX
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of ParcelX
The website of ParcelX (parcelx.in) receives about 492.5K visits a month and ranks #90,897 among all websites worldwide, #5,715 in Finance.
- Monthly visits492.5K
▼ 2.9% vs previous month
- Unique visitors116.2K
per month
- Global rank#90,897
among all websites
- Category rank#5,715
Finance · Finance
- Bounce rate45%
- Pages per visit4.5
- Average visit6 min 50 sec
- DevicesDesktop 23% · Mobile 77%
Websites whose visitors overlap most with ParcelX. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
smartship.in | smartship.in | 100% | – | #377,521 | – |
chatgpt.com | chatgpt.com | 25% | – | #6 | – |
| amazon.in | 24% | – | #48 | View details | |
| delhivery.com | 24% | 24.1M | #1,866 | View details |
Top companies in Logistics Technology & Platforms
10 companies that operate in the same segment as ParcelX (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
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 1.25 B | USD 1.12 B | 23,536 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | 15,437 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | 998 | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Frequently Asked Questions about ParcelX
ParcelX was founded in 2020 and raised its 1st funding round 1 year after it was founded.
ParcelX is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
ParcelX is a funded company, having raised a total of $32.65K across 1 funding round to date. The company's 1st funding round was a Angel Round of $32.65K, raised on Dec 2021.
ParcelX has 22 employees.
The primary company behind ParcelX, Exyte Solutions Private Limited, reported revenue of ₹32.24 Cr for FY 2024, up 237% year on year.
ParcelX is established as an AI-driven platform designed to simplify end-to-end shipping processes for businesses. Logistics needs are managed through a single-window system that integrates multiple carriers, reducing time and costs. Solutions are provided for e-commerce retailers, marketplaces, enterprises, and fulfillment centers. Services such as express delivery, international shipping, and hyperlocal options are offered to cater to diverse customer requirements. The platform is utilized to enhance customer loyalty and business scalability with seamless logistics across India and globally.
ParcelX's top competitors include LetsTransport, FarEye and RoadCast.
ParcelX offers Shipping Platform, Express Delivery, and International Shipping.
ParcelX has 1 investor. Key investors include Kuldeep Kumar Shukla.
The valuation of ParcelX is $1.21M as of Dec 2021.
ParcelX operates through Exyte Solutions Private Limited.
The legal entities of ParcelX currently have 3 directors, including Gautam Arora, Ayush Mendiratta, Kuldeep Kumar Shukla.