About Rivigo
Rivigo is a company based in Gurugram (India) founded in 2014.. Rivigo has raised $314.28 million across 16 funding rounds from investors including Yes Bank, HDFC Bank and Kotak Mahindra Bank. The company has 4,005 employees as of April 02, 2024. Rivigo offers products and services including Air Express, Surface Express, Last Mile Delivery, and Warehousing Solutions. Rivigo operates in a competitive market with competitors including Trucksters, Yimidida, Unishippers, Trukkr and Bot Auto, among others.
- Headquarter Gurugram, India
- Employees 4005 as on 02 Apr, 2024
- Stage Minicorn
-
Sectors
Transportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Mahindra Logistics Limited
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$645.31 M (USD)7.38as on Mar 31, 2024
-
Net Profit
$-6.2 M (USD)-315.55as on Mar 31, 2024
-
EBITDA
$26.76 M (USD)-11.83as on Mar 31, 2024
-
Total Equity Funding
$314.28 M (USD)
in 16 rounds
-
Latest Funding Round
$2.03 M (USD), Series H
Aug 03, 2022
-
Investors
Yes Bank
& 21 more
-
Employee Count
4005
as on Apr 02, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Rivigo
Rivigo offers a comprehensive portfolio of products and services, including Air Express, Surface Express, Last Mile Delivery, and Warehousing Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides reliable air freight for timely and safe goods transportation.
Delivers fast surface transport with low damage and pilferage rates.
Handles final delivery stages for e-commerce and business shipments.
Offers integrated warehousing for efficient goods storage and management.
Funding Insights of Rivigo
Rivigo has successfully raised a total of $314.28M across 16 strategic funding rounds. The most recent funding activity was a Series H round of $2.03 million completed in August 2022. 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 Total Funding
- Total Rounds 16
- Last Round Series H — $2.0M
-
First Round
First Round
(30 Aug 2014)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series H - Rivigo | Valuation | Elevation Capital | |
| Dec, 2020 | Amount | Series G - Rivigo | Valuation | Spring Canter Investment |
|
| Oct, 2020 | Amount | Series G - Rivigo | Valuation | Elevation Capital |
| 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 Rivigo
Rivigo has secured backing from 22 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Yes Bank, HDFC Bank and Kotak Mahindra Bank. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Elevation Capital is focused on early-stage tech investments in India.
|
Founded Year | Domain | Location | |
|
Multi-stage private equity investments are pursued across diverse sectors.
|
Founded Year | Domain | Location | |
|
Multiple sectors are invested in by the private equity firm.
|
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 Rivigo
| 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 - Rivigo
| 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 |
Rivigo Comparisons
Competitors of Rivigo
Rivigo 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 Trucksters, Yimidida, Unishippers, Trukkr and Bot Auto, 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 |
Long-haul truck services are delivered via an AI-driven relay system.
|
|
| domain | founded_year | HQ Location |
Crowd-sourced e-commerce deliveries are facilitated through an online platform.
|
|
| domain | founded_year | HQ Location |
Online booking platform for package and freight transportation
|
|
| domain | founded_year | HQ Location |
Road haulage cargo is booked via app and web platform.
|
|
| domain | founded_year | HQ Location |
Autonomous on-demand trucking services for freight transport are offered.
|
| 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 Rivigo
Frequently Asked Questions about Rivigo
When was Rivigo founded?
Rivigo was founded in 2014.
Where is Rivigo located?
Rivigo is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is Rivigo a funded company?
Rivigo is a funded company, having raised a total of $314.28M across 16 funding rounds to date. The company's 1st funding round was a Series G of $30.54M, raised on Aug 30, 2014.
How many employees does Rivigo have?
As of Apr 02, 2024, the latest employee count at Rivigo is 4,005.
What is the annual revenue of Rivigo?
Annual revenue of Rivigo is $645.31M as on Mar 31, 2024.
What does Rivigo do?
Rivigo was founded in 2014 and is headquartered in Gurugram, India. Operations focus on the logistics sector, where an online platform connects truckers and shippers for freight transportation. Services encompass cold chain, partial truckload, full truckload, express, and 3PL shipments. A driver relay model is employed to enable relay trucking. Shipments are booked and tracked through the digital interface.
Who are the top competitors of Rivigo?
Rivigo's top competitors include Unishippers, Yimidida and Trucksters.
What products or services does Rivigo offer?
Rivigo offers Air Express, Surface Express, Last Mile Delivery, and Warehousing Solutions.
Who are Rivigo's investors?
Rivigo has 22 investors. Key investors include Yes Bank, HDFC Bank, Kotak Mahindra Bank, ICICI Bank, and KB Financial Group.
What is Rivigo's valuation?
The valuation of Rivigo is $30.18M as of Aug 2022.