About Smartr Logistics
Smartr Logistics is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 2021 by Yogesh Dhingra, Arun Nangpal, Basappa Mullangi, and Nikhil Saxena. Door-to-door delivery services for businesses and documents are provided. 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. Smartr Logistics was last valued at $14.3 million in August 2022. Its chief executive, as recorded, is Yogesh Dhingra. Its Indian entity Smart Express Private Limited reported revenue of ₹132 Cr. Its focus areas include Consumer, Logistics Tech, Parcel and Courier Services. Its competitors include Delhivery, XpressBees and Allcargo Logistics; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Mumbai, India
- Employees 2,488
- Founders Yogesh Dhingra, Arun Nangpal, Basappa Mullangi, Nikhil Saxena
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Phone•••• ••••
- Website smartr.in
- Social LinkedIn
- Legal Name Smart Express Private Limited
- Date of Incorporation 28 Dec, 2018
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹132 Cr
FY 2024 · +71% YoY
- Net Loss-₹73.73 Cr
FY 2024 · -56% margin
- EBITDA-₹71.78 Cr
FY 2024 · -54% margin
- Total Equity Funding$19.15M (USD)
in 4 rounds
- Latest Funding Round$2.35M (USD), Seed
Mar 2024
- Investors360 One
& 6 more
- Employee Count2,488
Associated legal entities of Smartr Logistics
Smartr Logistics operates through Smart Express Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Smart Express Private Limited CIN U63031DL2018PTC343606 | Active | 28 Dec 2018 | New Delhi, Delhi | ₹132 Cr | 2,488 | 3 | View details |
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 $19.15M
- Total Rounds 4
- Last Round Seed — $2.35M
- First Round $6.4M
(Jun 2021)
- Investors Count 7
All 4 funding rounds of Smartr Logistics 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 |
|---|---|---|---|---|---|
| Mar 2024 | $2.35M | Seed | – | 360 One | |
| May 2023 | $4.39M | Seed | – | 360 One | |
| Aug 2022 | $6.01M | Seed | $14.3M | 360 One, IIFL Asset Management | |
| Jun 2021 | $6.4M | Seed | $8.03M | 360 One, IIFL Asset Management |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2022 | $14.3M | •••••••• |
| Jun 2021 | $8.03M | •••••••• |
Last known valuation $14.3M (Aug 2022). 7 investors in total: 4 institutional and 3 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| smitiholdingandtradingcompany.tcc.mode | ||||
Venture capital investments are provided to early-stage startups. | asianafund.com | Mumbai, India | ||
Asset and wealth management software is provided for businesses. | 2008 | 360.one | Mumbai, India | |
| iiflamc.com | ||||
YD Yogesh Dhingra | unknown_f323eeaaaff941fcb | |||
AN Arun Nangpal | Angel investor and entrepreneur, focused on tech startups in India. | unknown_c5dcc299961c40d1a | ||
BM Basappa Mullangi | Angel investor and entrepreneur, focused on tech startups in India. | unknown_d04a9549511b4a388 |
Investor details for Smartr Logistics
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Board of directors of Smart Express Private Limited (Smartr Logistics)
Smart Express Private Limited is the primary company behind Smartr Logistics. The board of Smart Express Private Limited currently have 2 directors; the longest-serving is Yogesh Dhingra, appointed in 2018. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Yogesh Dhingra DIN 08315710 | Managing Director | 28 Dec 2018 | 7 yrs 9 mo | Smart Express Private Limited |
| Arun Sudhir Nagpal DIN 09522191 | Director | 14 Mar 2022 | 4 yrs 7 mo | Smart Express Private Limited |
People of Smartr Logistics
4 people are tracked at Smartr Logistics (4 in leadership); the tracked headcount is 2,488.
| Name | Role | Group |
|---|---|---|
| Co-Founder, MD & CEO | Leadership | |
Arun Nangpal | Co-Founder & Chief Customer Experience & Chief Human Resources | Leadership |
Basappa Mullangi | Co-Founder & Chief Financial Officer, | Leadership |
| Co-Founder & COO | Leadership |
Complete people profiles for Smartr Logistics
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Verified entity values are shown only after access is granted.
Financials of Smartr Logistics
Figures of Smart Express Private Limited, the primary company behind Smartr Logistics, for FY 2024. Revenue was ₹132 Cr (+71% year on year). Net loss was -₹73.73 Cr (-56% margin). EBITDA was -₹71.78 Cr (-54% margin).
- ₹132 CrRevenue · FY 2024 · +71% YoY
- -₹73.73 CrNet loss · -56% margin
- -₹71.78 CrEBITDA · -54% margin
- ₹4.40 CrPaid-up capital
- 2,488Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Smart Express Private Limited are on its company page.
Detailed financial statements for Smartr Logistics
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of Smartr Logistics
4 dated milestones of Smartr Logistics across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Smartr Logistics is founded.
- Funding First funding round of $6.4M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $2.4M.
Competitors of Smartr Logistics
Smartr Logistics has 3 listed competitors in our database, 3 of them funded. They include Delhivery, XpressBees and Allcargo Logistics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| delhivery.com | 2011 | Gurugram, India | $1.25B | 24,439 | Integrated logistics services including parcel delivery and warehousing are provided. | |
| xpressbees.com | 2015 | Pune, India | $355.69M | 26 | End-to-end logistics delivery and courier solutions are provided. | |
| allcargologistics.com | 1993 | Mumbai, India | $18M | 182 | Multi-modal freight transportation, warehousing, and logistics services are provided globally. |
Detailed competitors of Smartr Logistics
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Smartr Logistics
Websites that share an audience with Smartr Logistics (smartr.in).
Websites whose visitors overlap most with Smartr Logistics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| trapezegroup.com | 100% | 11.5K | #1,814,037 | View details | |
itln.in | itln.in | 98% | #871,532 | – | |
| maritimegateway.com | 94% | #621,589 | View details |
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as Smartr Logistics (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.37 B | USD 1.12 B | 23,536 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 |
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Related news about Smartr Logistics
Complete news archive for Smartr Logistics
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Frequently Asked Questions about Smartr Logistics
Smartr Logistics was founded in 2021.
Smartr Logistics is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Yogesh Dhingra is the CEO of Smartr Logistics, as recorded in our data. They have also founded this 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 $6.4M, raised on Jun 2021.
Smartr Logistics has 2,488 employees.
The primary company behind Smartr Logistics, Smart Express Private Limited, reported revenue of ₹132 Cr for FY 2024, up 71% year on year.
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.
Smartr Logistics's top competitors include Delhivery, XpressBees and Allcargo Logistics.
Smartr Logistics has 7 investors. Key investors include 360 One, Smiti Holding And Trading Company, Yogesh Dhingra, IIFL Asset Management, and Arun Nangpal.
The valuation of Smartr Logistics is $14.3M as of Aug 2022.
Smartr Logistics operates through Smart Express Private Limited.
The legal entities of Smartr Logistics currently have 2 directors, including Yogesh Dhingra, Arun Sudhir Nagpal.