About Spoton Logistics
Spoton Logistics is a company based in Bengaluru (India) founded in 2011 was acquired by Delhivery in July 2021.. The company has 143 employees as of April 08, 2024. Spoton Logistics has completed 1 acquisition, including Rts-Logistics.
- Headquarter Bengaluru, India
- Employees 143 as on 08 Apr, 2024
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Sectors
Telecommunications
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Phone
*********
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Website
*********
- Legal Name Spoton Supply Chain Solutions Private Limited
- Date of Incorporation 01 May, 2008
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$8.2 M (USD)5.64as on Mar 31, 2023
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Net Profit
$73.34 K (USD)144.49as on Mar 31, 2023
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EBITDA
$635.81 K (USD)335.94as on Mar 31, 2023
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Latest Funding Round
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Investors
Delhivery
& 2 more
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Employee Count
143
as on Apr 08, 2024
- Investments & Acquisitions
- Acquired by
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Funding Insights of Spoton 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 |
Investors in Spoton Logistics
Spoton Logistics has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Delhivery, Xponentia Capital and Samara Capital. 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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Investment services providing capital and expertise to Indian mid-market companies.
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Founded Year | Domain | Location | |
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Private equity investments are managed across multiple sectors.
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Founded Year | Domain | Location | |
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Integrated logistics services including parcel delivery and warehousing are provided.
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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 Spoton Logistics
Spoton Logistics has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Rts-Logistics. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Spoton 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 |
Spoton Logistics Comparisons
Competitors of Spoton Logistics
| 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 Spoton Logistics
Frequently Asked Questions about Spoton Logistics
When was Spoton Logistics founded?
Spoton Logistics was founded in 2011.
Where is Spoton Logistics located?
Spoton Logistics is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Spoton Logistics?
Abhik Mitra is the current CEO of Spoton Logistics.
How many employees does Spoton Logistics have?
As of Apr 08, 2024, the latest employee count at Spoton Logistics is 143.
What is the annual revenue of Spoton Logistics?
Annual revenue of Spoton Logistics is $8.2M as on Mar 31, 2023.
What does Spoton Logistics do?
SpotOn Logistics was founded in 2011 through the acquisition of TNT Indias domestic operations by India Equity Partners. Express logistics solutions are delivered to sectors such as hi-tech, automotive, engineering, pharmaceuticals, electronics, electrical, lifestyle, and retail. Coverage extends to more than 18,000 pin codes across India, with operations managed from 8 major depots and 16 transit hubs in Bengaluru. A track-and-trace system is available for monitoring consignments.
How many acquisitions has Spoton Logistics made?
Spoton Logistics has made 1 acquisition, including Rts-Logistics.
Who are Spoton Logistics's investors?
Spoton Logistics has 3 investors. Key investors include Delhivery, Xponentia Capital, and Samara Capital.
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