PY Technology

Mumbai, India Founded: 2010 • Age: 16 yrs Acquired By FarEye
ERP solutions for logistics operations are developed and integrated.
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About PY Technology

PY Technology is a company based in Mumbai (India) founded in 2010 by Champaklal Vasani was acquired by FarEye in March 2021.. PY Technology operates in a competitive market with competitors including Shiprocket, Shippo, Sorted, ShipBob and Deliverr, among others.

  • Headquarter Mumbai, India
  • Founders Champaklal Vasani
  • Sectors
    Technology
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Legal Name Py Technology Private Limited
  • Date of Incorporation 09 Sep, 2014
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Key Metrics
  • Annual Revenue
    $510.3 K (USD)
    74.8
    as on Mar 31, 2022
  • Net Profit
    $197.24 K (USD)
    481.47
    as on Mar 31, 2022
  • EBITDA
    $265.59 K (USD)
    485.16
    as on Mar 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    FarEye

    (Mar 05, 2021)

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Funding Insights of PY Technology

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in PY Technology

PY Technology has secured backing from 1 investor. Prominent investors backing the company include FarEye. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Last-mile delivery operations are managed through SaaS and AI solutions.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by PY Technology

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - PY Technology

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Py Technology Comparisons

Employees
+
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Competitors of PY Technology

PY Technology 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 Shiprocket, Shippo, Sorted, ShipBob and Deliverr, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
E-commerce tools for shipping, marketing, and financial services are provided.
domain founded_year HQ Location
Web-based shipping solutions are provided for e-commerce businesses.
domain founded_year HQ Location
E-commerce shipping operations are managed via SaaS platform.
domain founded_year HQ Location
E-commerce fulfillment solutions are provided for direct-to-consumer brands.
domain founded_year HQ Location
Tech-enabled fulfillment services are provided to e-commerce businesses.
domain founded_year HQ Location
SaaS-based omnichannel retail management software is provided for retailers.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Py Technology

Frequently Asked Questions about PY Technology

When was PY Technology founded?

PY Technology was founded in 2010.

Where is PY Technology located?

PY Technology is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

What is the annual revenue of PY Technology?

Annual revenue of PY Technology is $510.3K as on Mar 31, 2022.

What does PY Technology do?

PY Technology was founded in 2010 in Mumbai, India, as an enterprise software provider. An ERP system called LogiTrack is targeted at the logistics sector, with modules covering shipment management, client management, vendor management, HR, customer services, and branch management. API tracking is integrated with key Indian eCommerce platforms including Jabong, Snapdeal, and Myntra. Operations focus on streamlining logistics processes for businesses.

Who are the top competitors of PY Technology?

PY Technology's top competitors include Shiprocket, Shippo and ShipBob.

Who are PY Technology's investors?

PY Technology has 1 investor. Key investors include FarEye.

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