About RoaDo
RoaDo is a company based in Bengaluru (India) founded in 2017 by Suhas V, Murugan Manoj Kumar J, and Narayan Chavan. RoaDo has raised $613.41 thousand across 7 funding rounds from investors including MapmyIndia, Capital A and Ankit Kedia. RoaDo offers products and services including Quick Track, Assignments, Accounts Module, and RFQ Based Indenting. RoaDo operates in a competitive market with competitors including AfterShip, Route, Slice, Shipup and Easyship, among others.
- Headquarter Bengaluru, India
- Founders Suhas V, Murugan Manoj Kumar J, Narayan Chavan
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Hicetane Logistics Innovations Private Limited
- Date of Incorporation 12 Dec, 2017
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$67.76 K (USD)186.49as on Mar 31, 2022
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Net Profit
-$137.26 K (USD)-389.64as on Mar 31, 2022
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EBITDA
-$119.81 K (USD)-462.47as on Mar 31, 2022
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Total Equity Funding
$613.41 K (USD)
in 7 rounds
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Latest Funding Round
Not available
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Investors
MapmyIndia
& 47 more
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Employee Count
Not available
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Products & Services of RoaDo
RoaDo offers a comprehensive portfolio of products and services, including Quick Track, Assignments, Accounts Module, and RFQ Based Indenting.
Real-time shipment tracking system for logistics visibility.
Tool for assigning and managing logistics tasks efficiently.
Module for handling logistics-related financial transactions.
Platform for request-for-quote based supply chain indenting.
Funding Insights of RoaDo
RoaDo has successfully raised a total of $613.41K across 7 strategic funding rounds. 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.
Investors in RoaDo
RoaDo has secured backing from 48 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include MapmyIndia, Capital A and Ankit Kedia.
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Venture capital funding is provided to Indian startups.
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Investments are directed by Bugle Rock Ventures toward multiple sectors.
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Investor details for RoaDo
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Investments & Acquisitions by RoaDo
Investment portfolio details for RoaDo
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Financial Statements - RoaDo
Detailed financials for RoaDo
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- Profit trends
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Roado Comparisons
Peer comparison for RoaDo
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Competitors of RoaDo
RoaDo 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 AfterShip, Route, Slice, Shipup and Easyship, among others.
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Web-based tracking solutions for eCommerce shipment monitoring are provided.
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Solutions for tracking e-commerce packages and handling claims are provided.
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A package tracking app is provided for online shoppers' deliveries.
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Parcel tracking platform is offered for online retailers.
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Shipping solutions for eCommerce sellers are integrated with major platforms.
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API for real-time tracking and tracing of shipments is provided.
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Detailed competitors of RoaDo
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Latest news on Roado
Complete news archive for RoaDo
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Frequently Asked Questions about RoaDo
RoaDo was founded in 2017 and raised its 1st funding round 3 years after it was founded.
RoaDo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Murugan Manoj Kumar J is the current CEO of RoaDo. They have also founded this company.
RoaDo is a funded company, having raised a total of $613.41K across 7 funding rounds to date.
Annual revenue of RoaDo is $67.76K as on Mar 31, 2022.
RoaDo was founded in 2017 in Bengaluru, India, as a provider of fleet management solutions in the logistics sector. End-to-end operations are digitized through its platform, which simplifies supply chain processes and manages efficiency. Real-time tracking, automated dispatch, and in-plant visibility are offered to stakeholders. The company operates primarily in India, supporting logistics businesses with these tools.
RoaDo offers Quick Track, Assignments, Accounts Module, and RFQ Based Indenting.
RoaDo has 48 investors. Key investors include MapmyIndia, Capital A, Ankit Kedia, Ankit Kedia, and Vanadium Trust.
The valuation of RoaDo is $4.11M as of Sep 2024.