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. 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 4,005
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Website category Business and Consumer Services · Shipping and Logistics
- Website rivigo.com
- Social LinkedIn X Facebook Instagram
- Legal Name Mahindra Logistics Limited
- Date of Incorporation 24 Aug, 2007
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹7,016 Cr
FY 2026 · +15% YoY
- Net Profit₹10.57 Cr
FY 2026 · 0% margin
- EBITDA₹386 Cr
FY 2026 · 6% margin
- Total Equity Funding$314.28M (USD)
in 16 rounds
- Latest Funding Round$2.03M (USD), Series H
Aug 2022
- InvestorsYes Bank
& 21 more
- Employee Count4,005
Associated legal entities of Rivigo
Rivigo is associated with 3 registered companies on The Company Check; the primary company is Mahindra Logistics Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mahindra Logistics Limited Listed CIN L63000MH2007PLC173466 | Active | 24 Aug 2007 | Mumbai, Maharashtra | ₹7,016 Cr | 4,005 | 11 | View details |
| Rivigo Freight Private Limited CIN U60221HR2016PTC065401 | Strike Off | 12 Aug 2016 | Gurgaon, Haryana | ₹151 Cr | 341 | 2 | View details |
| Rivigo Services Private Limited CIN U74999HR2014PTC053030 | Active | 11 Aug 2014 | Gurgaon, Haryana | ₹3.7 Cr | 963 | 3 | View details |
Products & Services of Rivigo
Rivigo offers a comprehensive portfolio of products and services, including Air Express, Surface Express, Last Mile Delivery, and Warehousing Solutions.
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 $314.28M
- Total Rounds 16
- Last Round Series H — $2.03M
- First Round $1.68M
(Aug 2014)
- Investors Count 22
Latest 10 of 16 funding rounds of Rivigo 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 |
|---|---|---|---|---|---|
| Aug 2022 | $2.03M | Series H | $30.18M | Elevation Capital | |
| Dec 2020 | $18.95M | Series G | – | Spring Canter Investment | – |
| Oct 2020 | $30.54M | Series G | $220.85M | Elevation Capital | |
| Jan 2020 | $3.4M | Debt – Venture | – | – | |
| Dec 2019 | $20.09M | Series F | $••••• | Warburg Pincus | |
| Sep 2019 | $4.9M | Series E | – | KB Financial Group | – |
| Jul 2019 | $34.76M | Series E | $••••• | Warburg Pincus | |
| Feb 2019 | $35.57M | Series E | $••••• | Warburg Pincus | |
| Jan 2018 | $50.71M | Series D | $••••• | Elevation Capital | |
| Mar 2017 | $15M | Debt – Conventional | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2022 | $30.18M | •••••••• |
| Oct 2020 | $220.85M | •••••••• |
| Dec 2019 | $••••• | •••••••• |
| Jul 2019 | $••••• | •••••••• |
| Feb 2019 | $••••• | •••••••• |
| Jan 2018 | $••••• | •••••••• |
| Nov 2016 | $••••• | •••••••• |
| Dec 2015 | $••••• | •••••••• |
Full valuation and stage history of Rivigo
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $30.18M (Aug 2022). 22 investors in total: 14 institutional and 8 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Elevation Capital is focused on early-stage tech investments in India. | – | elevationcapital.com | Delhi, India | |
Multi-stage private equity investments are pursued across diverse sectors. | 1966 | warburgpincus.com | New York, United States | |
Multiple sectors are invested in by the private equity firm. | – | springcanterinvestment.tcc.mode | Port Louis, Mauritius | |
Private debt and equity funds are managed for technology sectors. | – | trifectacapital.in | Gurugram, India | |
Venture capital fund investing in early-stage tech startups | 1990 | kbic.co.kr | Seoul, South Korea | |
Multiple sectors in India are invested in by SAIF Partners. | – | saifpartners.com | Gurugram, India | |
Insurance, asset management, and financial services are provided. | 2001 | kbfg.com | Seoul, South Korea | |
Commercial and personal banking services are offered by HDFC Bank. | 1994 | hdfcbank.com | Mumbai, India | |
Commercial banking services are offered to individuals and businesses. | 2004 | yesbank.in | Mumbai, India | |
Commercial bank | 1994 | icicibank.com | Mumbai, India |
Investor details for Rivigo
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 Mahindra Logistics Limited (Rivigo)
Mahindra Logistics Limited is the primary company behind Rivigo. The boards of the 3 registered companies of Rivigo currently have 11 directors; the longest-serving is Deepak Garg, appointed in 2016. 54 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Deepak Garg DIN 06929488 | Director | 12 Aug 2016 | 10 yrs 1 mo | Rivigo Freight Private Limited, Rivigo Services Private Limited |
| Darius Dinshaw Pandole DIN 00727320 | Director | 25 Jul 2017 | 9 yrs 2 mo | Mahindra Logistics Limited |
| Ranu Vohra DIN 00153547 | Director | 25 Jul 2017 | 9 yrs 2 mo | Mahindra Logistics Limited |
| Avani Vishal Davda DIN 07504739 | Director | 06 Jun 2018 | 8 yrs 4 mo | Mahindra Logistics Limited |
| Malvika Sahni Sinha DIN 08373142 | Director | 30 Jul 2020 | 6 yrs 2 mo | Mahindra Logistics Limited |
| Naveen Raju Kollaickal DIN 07653394 | Director | 03 Sep 2020 | 6 yrs 1 mo | Mahindra Logistics Limited |
| Anish Dilip Shah DIN 02719429 | Director | 02 Apr 2021 | 5 yrs 6 mo | Mahindra Logistics Limited |
| Ameet Pratapsinh Hariani DIN 00087866 | Director | 01 May 2022 | 4 yrs 5 mo | Mahindra Logistics Limited |
| Priya Dhawan DIN 08003129 | Additional Director | 30 Jul 2024 | 2 yrs 2 mo | Rivigo Freight Private Limited, Rivigo Services Private Limited |
| Hemant Sikka DIN 00922281 | Managing Director | 22 Apr 2025 | 1 yr 5 mo | Mahindra Logistics Limited |
| Ankur Bansal DIN 11328463 | Additional Director | 13 Oct 2025 | 11 mo | Rivigo Services Private Limited |
Financials of Rivigo
Figures of Mahindra Logistics Limited, the primary company behind Rivigo, for FY 2026. Revenue was ₹7,016 Cr (+15% year on year). Net profit was ₹10.57 Cr (0% margin). EBITDA was ₹386 Cr (6% margin). Revenue has grown at a compounded annual rate of +11% over three years.
- ₹7,016 CrRevenue · FY 2026 · +15% YoY
- ₹10.57 CrNet profit · 0% margin
- ₹386 CrEBITDA · 6% margin
- ₹99.22 CrPaid-up capital
- 4,005Employees (provident fund records)
- +11%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Mahindra Logistics Limited are on its company page.
Detailed financial statements for Rivigo
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 Rivigo
5 dated milestones of Rivigo across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Rivigo is founded.
- Funding First funding round of $1.7M.
- Milestone Reaches Minicorn status.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series H, of $2.0M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| trucksters.io | 2018 | Madrid, Spain | $54.13M | – | Long-haul truck services are delivered via an AI-driven relay system. | |
| yimidida.com | 2015 | Shanghai, China | $547.05M | – | Crowd-sourced e-commerce deliveries are facilitated through an online platform. | |
| unishippers.com | 1987 | Salt Lake, United States | – | 997 | Online booking platform for package and freight transportation | |
| trukkr.pk | 2019 | Karachi, Pakistan | $7M | – | Road haulage cargo is booked via app and web platform. | |
| bot.auto | 2022 | Houston, United States | $20M | – | Autonomous on-demand trucking services for freight transport are offered. | |
| saloodo.com | 2016 | Bonn, Germany | – | – | Functions as an online quote-based booking platform for freight transportation. | |
| lorryz.com | 2017 | Dubai, United Arab Emirates | $1.4M | – | Online marketplace for booking transport services | |
| rollzi.com | 2020 | Seattle, United States | $8M | – | Tech-enabled on-demand trucking services are provided for freight optimization. | |
| cfidrive.com | 1951 | Joplin, United States | – | – | Own fleet trucking services are provided for truckload transportation. |
Detailed competitors of Rivigo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Rivigo
The website of Rivigo (rivigo.com) receives about 59.3K visits a month and ranks #280,313 among all websites worldwide, #8,022 in Shipping and Logistics.
- Monthly visits59.3K
▼ 44.3% vs previous month
- Unique visitors16.2K
per month
- Global rank#280,313
among all websites
- Category rank#8,022
Business and Consumer Services · Shipping and Logistics
- Bounce rate37%
- Pages per visit6.7
- Average visit6 min 30 sec
- DevicesDesktop 48% · Mobile 52%
Websites whose visitors overlap most with Rivigo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| mahindralogistics.com | 100% | 49.5K | – | View details | |
rivigotracking.com | rivigotracking.com | 97% | – | #1,838,709 | – |
Latest news on Rivigo
Complete news archive for Rivigo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Brand-specific news history
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Similar companies to Rivigo
10 companies that operate in the same segment as Rivigo (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 | USD 9.09 B | USD 3.37 B | 11,270 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | – | |
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 | 3,500 | |
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 Rivigo
Rivigo was founded in 2014.
Rivigo is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
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 Debt – Conventional of $15M, raised on Aug 2014.
Rivigo has 4,005 employees.
The primary company behind Rivigo, Mahindra Logistics Limited, reported revenue of ₹7,016 Cr for FY 2026, up 15% year on year.
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.
Rivigo's top competitors include Unishippers, Yimidida and Trucksters.
Rivigo offers Air Express, Surface Express, Last Mile Delivery, and Warehousing Solutions.
Rivigo has 22 investors. Key investors include Yes Bank, HDFC Bank, Kotak Mahindra Bank, ICICI Bank, and KB Financial Group.
The valuation of Rivigo is $30.18M as of Aug 2022.
Rivigo is associated with 3 legal entities: Mahindra Logistics Limited, Rivigo Freight Private Limited, Rivigo Services Private Limited.
The legal entities of Rivigo currently have 13 directors, including Malvika Sahni Sinha, Naveen Raju Kollaickal, Anish Dilip Shah and others.