About Sendfast
Sendfast is a company based in Bengaluru (India) founded in 2015.. Sendfast has raised $52.75 thousand across 1 funding round from investors including Mohammed Sajid Hameed. The company has 19 employees as of April 08, 2024. Sendfast operates in a competitive market with competitors including Grab, Dunzo, Pidge, PIQYU and Telyport, among others.
- Headquarter Bengaluru, India
- Employees 19 as on 08 Apr, 2024
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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 Dcart Logistics Private Limited
- Date of Incorporation 13 Aug, 2015
- Jurisdiction Tirupathi, Andhra Pradesh, India
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Annual Revenue
$4.51 M (USD)67.14as on Mar 31, 2023
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Net Profit
$108.04 K (USD)178.21as on Mar 31, 2023
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EBITDA
$167.56 K (USD)167.23as on Mar 31, 2023
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Total Equity Funding
$52.75 K (USD)
in 1 rounds
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Latest Funding Round
$52.75 K (USD), Seed
Apr 02, 2016
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Investors
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Employee Count
19
as on Apr 08, 2024
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Funding Insights of Sendfast
Sendfast has successfully raised a total of $52.75K through 1 strategic funding round. The most recent funding activity was a Seed round of $52.75 thousand completed in April 2016. 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 1
- Last Round Seed — $52,745
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First Round
First Round
(02 Apr 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2016 | Amount | Seed - Sendfast | Valuation | Mohammed Sajid Hameed |
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| 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 Sendfast
Sendfast has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Mohammed Sajid Hameed. 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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MS
Mohammed Sajid Hameed |
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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 Sendfast
| 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 - Sendfast
| 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 |
Sendfast Comparisons
Competitors of Sendfast
Sendfast 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 Grab, Dunzo, Pidge, PIQYU and Telyport, 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 |
Ride-hailing and on-demand delivery services are aggregated via mobile app.
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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| domain | founded_year | HQ Location |
Logistics intelligence and fulfillment solutions are delivered for businesses.
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| domain | founded_year | HQ Location |
Web-enabled 3PL services are provided for hyperlocal delivery management.
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| domain | founded_year | HQ Location |
Hyperlocal on-demand courier deliveries are facilitated for various goods.
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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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Frequently Asked Questions about Sendfast
When was Sendfast founded?
Sendfast was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Sendfast located?
Sendfast is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Sendfast a funded company?
Sendfast is a funded company, having raised a total of $52.75K across 1 funding round to date. The company's 1st funding round was a Seed of $52.75K, raised on Apr 02, 2016.
How many employees does Sendfast have?
As of Apr 08, 2024, the latest employee count at Sendfast is 19.
What is the annual revenue of Sendfast?
Annual revenue of Sendfast is $4.51M as on Mar 31, 2023.
What does Sendfast do?
Sendfast was founded in 2015 in Bengaluru, India, as a provider in the logistics sector. A technology platform is offered to partners for package delivery, with specialization in Tier II and III cities. Services encompass customer profiling, cash-on-delivery management, warehousing, route optimization, and real-time tracking. API integration supports e-commerce logistics, fulfillment, returns, and inventory management, alongside hyperlocal and same-day delivery options.
Who are Sendfast's investors?
Sendfast has 1 investor. Key investors include Mohammed Sajid Hameed.
What is Sendfast's valuation?
The valuation of Sendfast is $301.43K as of Apr 2016.
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