About Smartr Logistics
Smartr Logistics is a company based in Mumbai (India) founded in 2021 by Yogesh Dhingra, Arun Nangpal, Basappa Mullangi, and Nikhil Saxena.. Smartr Logistics has raised $19.15 million across 4 funding rounds from investors including 360 One, Smiti Holding And Trading Company and Yogesh Dhingra. The company has 2,488 employees as of April 08, 2024. Smartr Logistics operates in a competitive market with competitors including Delhivery, XpressBees, Allcargo Logistics, CJ Darcl and Parcellab, among others.
- Headquarter Mumbai, India
- Employees 2488 as on 08 Apr, 2024
- Founders Yogesh Dhingra, Arun Nangpal, Basappa Mullangi, Nikhil Saxena
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Smart Express Private Limited
- Date of Incorporation 28 Dec, 2018
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$9.33 M (USD)1010.57as on Mar 31, 2023
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Net Profit
$-7.08 M (USD)-184.12as on Mar 31, 2023
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EBITDA
$-6.92 M (USD)-173.78as on Mar 31, 2023
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Total Equity Funding
$19.15 M (USD)
in 4 rounds
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Latest Funding Round
$2.35 M (USD), Seed
Mar 28, 2024
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Investors
360 One
& 6 more
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Employee Count
2488
as on Apr 08, 2024
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Funding Insights of Smartr Logistics
Smartr Logistics has successfully raised a total of $19.15M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $2.35 million completed in March 2024. 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 4
- Last Round Seed — $2.4M
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First Round
First Round
(25 Jun 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Seed - Smartr Logistics | Valuation | 360 One | |
| May, 2023 | Amount | Seed - Smartr Logistics | Valuation | 360 One | |
| Aug, 2022 | Amount | Seed - Smartr Logistics | Valuation | 360 One , IIFL Asset Management |
| 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 Smartr Logistics
Smartr Logistics has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include 360 One, Smiti Holding And Trading Company and Yogesh Dhingra. 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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Founded Year | Domain | Location | |
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Venture capital investments are provided to early-stage startups.
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Founded Year | Domain | Location | |
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Asset and wealth management software is provided for businesses.
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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 Smartr Logistics
| 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 - Smartr Logistics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Smartr Logistics Comparisons
Competitors of Smartr Logistics
Smartr Logistics 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 Delhivery, XpressBees, Allcargo Logistics, CJ Darcl and Parcellab, 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 |
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| domain | founded_year | HQ Location |
Integrated logistics services including parcel delivery and warehousing are provided.
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| domain | founded_year | HQ Location |
End-to-end logistics delivery and courier solutions are provided.
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| domain | founded_year | HQ Location |
Multi-modal freight transportation, warehousing, and logistics services are provided globally.
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| domain | founded_year | HQ Location |
Multi-modal freight forwarding, logistics, and warehousing services are provided.
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| domain | founded_year | HQ Location |
Connects online merchants with their customers
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| domain | founded_year | HQ Location |
Domestic and international relocation services are provided by the company.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Smartr Logistics
Frequently Asked Questions about Smartr Logistics
When was Smartr Logistics founded?
Smartr Logistics was founded in 2021.
Where is Smartr Logistics located?
Smartr Logistics is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Smartr Logistics?
Yogesh Dhingra is the current CEO of Smartr Logistics. They have also founded this company.
Is Smartr Logistics a funded company?
Smartr Logistics is a funded company, having raised a total of $19.15M across 4 funding rounds to date. The company's 1st funding round was a Seed of $6.01M, raised on Jun 25, 2021.
How many employees does Smartr Logistics have?
As of Apr 08, 2024, the latest employee count at Smartr Logistics is 2,488.
What is the annual revenue of Smartr Logistics?
Annual revenue of Smartr Logistics is $9.33M as on Mar 31, 2023.
What does Smartr Logistics do?
Provider of door-to-door delivery services for businesses. It provides delivery of documents, contracts, agreements, passports, credit and debit cards, loyalty cards, product samples, gift items, and more. The platform offers a tracking tool that allows users to monitor the status of shipments in real-time. Features include insurance arrangements, cargo handling, and more. It also offers a suite of technology-driven services for logistics and shipping tracking to provide customers and businesses with seamless visibility and control over shipments.
Who are the top competitors of Smartr Logistics?
Smartr Logistics's top competitors include Delhivery, XpressBees and Transport Corporation of India.
Who are Smartr Logistics's investors?
Smartr Logistics has 7 investors. Key investors include 360 One, Smiti Holding And Trading Company, Yogesh Dhingra, IIFL Asset Management, and Arun Nangpal.
What is Smartr Logistics's valuation?
The valuation of Smartr Logistics is $14.3M as of Aug 2022.
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