About Routematic
Routematic is a company based in Bengaluru (India) founded in 2007 by Kavitha Ramachandra Gowda Avaragere, Sriram Kannan, and Kavitha Ramachandragowda.. Routematic has raised $47.13 million across 14 funding rounds from investors including Bosch, LKP and Wazir. The company has 354 employees as of February 13, 2025. Routematic offers products and services including Routematic TaaS, Routematic Transport SuperApp, Routematic Parking Solution, Routematic Dynamic Shift Transport, and Routematic Corporate Car Rentals. Routematic operates in a competitive market with competitors including MoveInSync, Commutec, Volercars, WhistleDrive and eee-Taxi, among others.
- Headquarter Bengaluru, India
- Employees 354 as on 13 Feb, 2025
- Founders Kavitha Ramachandra Gowda Avaragere, Sriram Kannan, Kavitha Ramachandragowda
- 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 Nivaata Systems Private Limited
- Date of Incorporation 23 Nov, 2007
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$13.57 M (USD)61.85as on Mar 31, 2024
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Net Profit
$-79.44 K (USD)89.78as on Mar 31, 2024
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EBITDA
$337.62 K (USD)147.52as on Mar 31, 2024
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Total Equity Funding
$47.13 M (USD)
in 14 rounds
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Latest Funding Round
$40 M (USD), Series C
May 07, 2025
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Investors
Bosch
& 20 more
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Employee Count
354
as on Feb 13, 2025
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Products & Services of Routematic
Routematic offers a comprehensive portfolio of products and services, including Routematic TaaS, Routematic Transport SuperApp, Routematic Parking Solution, Routematic Dynamic Shift Transport, and Routematic Corporate Car Rentals. 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.
End-to-end managed solution for employee commutes and fleet optimization.
AI-powered app for routing, tracking, and billing of corporate transports.
System for booking and monitoring office parking spaces efficiently.
Transport management for dynamic employee shifts and operations.
Handling of corporate rentals for transfers and daily needs.
Funding Insights of Routematic
Routematic has successfully raised a total of $47.13M across 14 strategic funding rounds. The most recent funding activity was a Series C round of $40 million completed in May 2025. 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 14
- Last Round Series C — $40.0M
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First Round
First Round
(14 Jun 2010)
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Series C - Routematic | Valuation | Shift4Good , Fullerton Carbon Action Fund |
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| Jun, 2022 | Amount | Seed - Routematic | Valuation | LKP , Gurumoorthy Ganesan |
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| Aug, 2020 | Amount | Seed - Routematic | Valuation | Bosch |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Routematic
Routematic has secured backing from 21 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Bosch, LKP and Wazir. 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 |
|---|---|---|---|---|
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Venture capital firm focused on mobility & circular economy sectors
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Founded Year | Domain | Location | |
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Seed and early-stage investments are made primarily in the UAE.
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Founded Year | Domain | Location | |
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Seed and early-stage investments are made across sectors in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Routematic
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Routematic
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Routematic Comparisons
Competitors of Routematic
Routematic 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 MoveInSync, Commutec, Volercars, WhistleDrive and eee-Taxi, 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 |
Employee transportation management solutions are provided for automated commutes.
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| domain | founded_year | HQ Location |
SaaS route scheduling software is provided for employee transport management.
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| domain | founded_year | HQ Location |
Self-drive cars are rented online via a booking platform.
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| domain | founded_year | HQ Location |
Transportation and fleet management are facilitated via an online platform.
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| domain | founded_year | HQ Location |
Tech-enabled platform offering electric vehicle ride-hailing management solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Routematic
Frequently Asked Questions about Routematic
When was Routematic founded?
Routematic was founded in 2007 and raised its 1st funding round 3 years after it was founded.
Where is Routematic located?
Routematic is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Routematic?
Sriram Kannan is the current CEO of Routematic. They have also founded this company.
Is Routematic a funded company?
Routematic is a funded company, having raised a total of $47.13M across 14 funding rounds to date. The company's 1st funding round was a Seed of $2.02M, raised on Jun 14, 2010.
How many employees does Routematic have?
As of Feb 13, 2025, the latest employee count at Routematic is 354.
What is the annual revenue of Routematic?
Annual revenue of Routematic is $13.57M as on Mar 31, 2024.
What does Routematic do?
Routematic was founded in 2007 in Bengaluru, India, as a provider in the employee transportation sector. An end-to-end commute management platform is offered, incorporating standardized fleet operations overseen by a centralized command center and supporting technology. Daily office commutes, visitor travel, event logistics, and smart parking are managed, alongside solutions for shift-based transport, corporate rentals, and fixed routes. Real-time route optimization is enabled, with remote access for handling transportation requirements.
Who are the top competitors of Routematic?
Routematic's top competitors include MoveInSync, Volercars and Commutec.
What products or services does Routematic offer?
Routematic offers Routematic TaaS, Routematic Transport SuperApp, Routematic Parking Solution, Routematic Dynamic Shift Transport, and Routematic Corporate Car Rentals.
Who are Routematic's investors?
Routematic has 21 investors. Key investors include Bosch, LKP, Wazir, Shift4Good, and Fullerton Carbon Action Fund.
What is Routematic's valuation?
The valuation of Routematic is $26.97M as of Jun 2022.