Quikmile

Gurugram, India Founded: 2018 • Age: 8 yrs Acquired By Airtel
Software solutions for fleet management

About Quikmile

Quikmile is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2018, and was acquired by Airtel in November 2019. Software solutions for fleet management. Its Indian entity Zonic Internet Private Limited reported revenue of β‚Ή14.6 Lakh. The company was acqui-hired. Its focus areas include Consumer, Logistics Tech, Freight and Trucking.

Company details

Quikmile provides logistics business operators with transport management systems. The platform is involved in providing GPS vehicle tracking system, fleet management system, real-time vehicle tracking system, etc, to manage their business. Some of the software features provided by the software systems include remote immobilization of vehicles, vendor and driver information management, smart alerts at any unusual activity, geo-fencing, order management, etc. The mobile app is available for the same from the App Store and Play Store.

  • Headquarters Gurugram, India
  • Stage Acquired
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website quikmile.com
  • Social LinkedIn X Facebook
  • Acquired by Airtel (Nov 2019)
  • Legal Name Zonic Internet Private Limited
  • Date of Incorporation 05 Jun, 2018
  • Jurisdiction Gorakhpur, Uttar Pradesh, India
Key Metrics
  • Annual Revenue
    ₹14.6 Lakh

    FY 2020 · +44% YoY

  • Net Loss
    -₹7.9 Lakh

    FY 2020 · -54% margin

  • EBITDA
    -₹7.7 Lakh

    FY 2020 · -52% margin

  • Investors
  • Acquired by
    Airtel

    (Nov 2019)

Investors in Quikmile

Quikmile has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Airtel.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Global telecommunications company
1995airtel.comDelhi, India
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Board of directors of Zonic Internet Private Limited (Quikmile)

Zonic Internet Private Limited is the primary company behind Quikmile. The board of Zonic Internet Private Limited currently have 3 directors; the longest-serving is Jagdish Prasad Saroj, appointed in 2018. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Jagdish Prasad Saroj
DIN 06642068
Director05 Jun 20188 yrs 5 moZonic Internet Private Limited
Arun Prakash
DIN 08219457
Director22 Oct 20197 yrsZonic Internet Private Limited
Saaz Barethia
DIN 08595056
Director23 Oct 20197 yrsZonic Internet Private Limited

Financials of Quikmile

Figures of Zonic Internet Private Limited, the primary company behind Quikmile, for FY 2020. Revenue was ₹14.6 Lakh (+44% year on year). Net loss was -₹7.9 Lakh (-54% margin). EBITDA was -₹7.7 Lakh (-52% margin).

  • ₹14.6 LakhRevenue · FY 2020 · +44% YoY
  • -₹7.9 LakhNet loss · -54% margin
  • -₹7.7 LakhEBITDA · -52% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Zonic Internet Private Limited are on its company page.

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Detailed financial statements for Quikmile

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Timeline of Quikmile

2 dated milestones of Quikmile across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Quikmile is founded.
  2. Exit Acquired by Airtel.

Top companies in Logistics Technology & Platforms

3 companies that operate in the same segment as Quikmile (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.54 BUSD 2.51 B4,488
Integrated logistics services including parcel delivery and warehousing are provided.
2011Gurugram, Haryana, IndiaUSD 1.56 BUSD 1.12 B23,536
E-commerce tools for shipping, marketing, and financial services are provided.
2012Gurugram, Haryana, IndiaUSD 321.57 MUSD 135.47 M915
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Related news about Quikmile

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Frequently Asked Questions about Quikmile

Quikmile was founded in 2018.

Quikmile is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

The primary company behind Quikmile, Zonic Internet Private Limited, reported revenue of β‚Ή14.6 Lakh for FY 2020, up 44% year on year.

Quikmile provides logistics business operators with transport management systems. The platform is involved in providing GPS vehicle tracking system, fleet management system, real-time vehicle tracking system, etc, to manage their business. Some of the software features provided by the software systems include remote immobilization of vehicles, vendor and driver information management, smart alerts at any unusual activity, geo-fencing, order management, etc. The mobile app is available for the same from the App Store and Play Store.

Quikmile has 1 investor. Key investors include Airtel.

Quikmile operates through Zonic Internet Private Limited.

Yes. Quikmile was acquired by Airtel in November 2019.

The legal entities of Quikmile currently have 3 directors, including Saaz Barethia, Arun Prakash, Jagdish Prasad Saroj.

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