About Spear Logistics
Spear Logistics is a company based in Pune (India) founded in 2001 was acquired by FM Logistic in March 2016.. Spear Logistics has raised $7.57 million across 3 funding rounds from investors including FM Logistic and Ambit Pragma Advisors. The company has 2,402 employees as of July 31, 2024. Spear Logistics operates in a competitive market with competitors including DACHSER, Pristine Logistics & InfraProjects, Inlogistics, Frontline Corporation and IVC Logistics, among others.
- Headquarter Pune, India
- Employees 2402 as on 31 Jul, 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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.57 M (USD)
in 3 rounds
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Latest Funding Round
$1.29 M (USD), Private Equity Round
Jun 01, 2012
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Investors
FM Logistic
& 1 more
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Employee Count
2402
as on Jul 31, 2024
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Acquired by
FM Logistic
(Mar 21, 2016)
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Funding Insights of Spear Logistics
Spear Logistics has successfully raised a total of $7.57M across 3 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $1.29 million completed in June 2012. 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 3
- Last Round Private Equity Round — $1.3M
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First Round
First Round
(01 Jun 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2012 | Amount | Private Equity Round - Spear Logistics | Valuation |
investors |
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| Mar, 2012 | Amount | Private Equity Round - Spear Logistics | Valuation |
investors |
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| Jun, 2011 | Amount | Private Equity Round - Spear Logistics | Valuation |
investors |
| 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 Spear Logistics
Spear Logistics has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include FM Logistic and Ambit Pragma Advisors. 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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Mid-market private equity and venture capital investments are managed.
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Founded Year | Domain | Location | |
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Transportation and logistics services are provided worldwide by FM Logistic.
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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 Spear 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 - Spear Logistics
| 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 |
Spear Logistics Comparisons
Competitors of Spear Logistics
Spear 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 DACHSER, Pristine Logistics & InfraProjects, Inlogistics, Frontline Corporation and IVC Logistics, 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 |
Road transportation services are provided by DACHSER across multiple regions.
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| domain | founded_year | HQ Location |
Road transportation and freight forwarding services are provided.
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| domain | founded_year | HQ Location |
Full truckload transportation services are provided across India.
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| domain | founded_year | HQ Location |
Provider of integrated logistics and trucking services
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| domain | founded_year | HQ Location |
Road freight forwarding and vehicle carrier services are provided.
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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 Spear Logistics
Frequently Asked Questions about Spear Logistics
When was Spear Logistics founded?
Spear Logistics was founded in 2001 and raised its 1st funding round 10 years after it was founded.
Where is Spear Logistics located?
Spear Logistics is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Is Spear Logistics a funded company?
Spear Logistics is a funded company, having raised a total of $7.57M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $4.58M, raised on Jun 01, 2011.
How many employees does Spear Logistics have?
As of Jul 31, 2024, the latest employee count at Spear Logistics is 2,402.
What does Spear Logistics do?
Spear Logistics was founded in 2001 and is headquartered in Pune, India. Operations are focused on the logistics sector, where contract logistics services are managed alongside road freight forwarding. These activities support supply chain needs for various clients. The company operates primarily within India, handling transportation and warehousing requirements through established networks. Domain access is available via spearlog.com for further details.
Who are the top competitors of Spear Logistics?
Spear Logistics's top competitors include Pristine Logistics & InfraProjects, DACHSER and Inlogistics.
Who are Spear Logistics's investors?
Spear Logistics has 2 investors. Key investors include FM Logistic, and Ambit Pragma Advisors.