Tempo Go

Panaji, India Founded: 2015 • Age: 11 yrs Minicorn
Provides software and hardware solutions for fleet management and asset tracking.

About Tempo Go

Tempo Go was a Transportation, Automotive & Logistics company based in Panaji (India) founded in 2015 by Pranav Shirke. It provides software and hardware solutions for fleet management and asset tracking. It operates on a B2B model. Tempo Go has raised $1.57 million across 3 funding rounds from investors including NB Ventures, Startup-O and Anish Kothari. The company has 4 employees. Tempo Go was last valued at $4.55 million in June 2017. Its chief executive, as recorded, is Pranav Shirke. Its Indian entity Carryage Technologies Private Limited reported revenue of β‚Ή2 Lakh. The company is recorded as dissolved. Its focus areas include Technology, Software and Hardware, Fleet Management and Asset Tracking. Its competitors include Shiprocket, Pickrr and Everest Fleet; 3 of its 3 listed competitors have raised funding.

Company details

Tempo Go operates with a B2B model, focusing on leveraging cutting-edge technology, software and hardware, managing fleet operations, and tracking assets. Provides software and hardware solutions for fleet management and asset tracking. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Key Metrics
  • Annual Revenue
    ₹2 Lakh

    FY 2025 · 0% YoY

  • Net Profit
    ₹63,110

    FY 2025 · 32% margin

  • EBITDA
    ₹63,110

    FY 2025 · 32% margin

  • Total Equity Funding
    $1.57M (USD)

    in 3 rounds

  • Latest Funding Round
    $571.63K (USD), Seed

    Jun 2017

  • Investors
    NB Ventures

    & 11 more

  • Employee Count
    4

Funding Insights of Tempo Go

Tempo Go has successfully raised a total of $1.57M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $571.63 thousand completed in June 2017. 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 $1.57M
  • Total Rounds 3
  • Last Round Seed β€” $571,625
  • First Round $173,347

    (Jul 2015)

  • Investors Count 12

All 3 funding rounds of Tempo Go with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2017$571,625Seed$4.55MNbventures
Jan 2017$825,000Seed$4.56MK2 Capital
Jul 2015$173,347Angel Round$β€’β€’β€’β€’β€’Vikas Jain
Valuation history
DateValuationStage
Jun 2017$4.55Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jan 2017$4.56Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $4.55M (Jun 2017). 12 investors in total: 3 institutional and 9 angel.

Investors in Tempo Go

Tempo Go has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include NB Ventures, Startup-O and Anish Kothari.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Tech startups are assessed, invested in, and accelerated by Startup-O.
startup-o.comSingapore, Singapore
Coal and biomass energy generator
1972nbventures.comHyderabad, India
Business consulting services are provided to various clients and firms.
k2capitalgroup.comEden Prairie, United States

Anish Kothari

unknown_3f721293a14b41428

Ashish Kothari

unknown_dd8a9a12a4f04e16b

Piyush Kothari

unknown_3b9ae92b34e149b88

Nilesh Kothari

Co-founder of Trifecta Capital, seasoned angel investor in Indian startups
unknown_10fee7f3fadb41079

Vikash Jain

unknown_c4b7aa918ed744a0b

Manishi Kansal

unknown_18ba5bfc3d7a460b9

Suvrajyoti Pattanaik

unknown_a671ca14a4a94669b
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Investor details for Tempo Go

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Board of directors of Carryage Technologies Private Limited (Tempo Go)

Carryage Technologies Private Limited is the primary company behind Tempo Go. The board of Carryage Technologies Private Limited currently have 3 directors; the longest-serving is Hiten Ashokkumar Patel, appointed in 2022. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Hiten Ashokkumar Patel
DIN 08527382
Director11 Apr 20224 yrs 6 moCarryage Technologies Private Limited
Shaleena Kaura
DIN 11239465
Director19 Aug 20251 yr 2 moCarryage Technologies Private Limited
Ritu Nag
DIN 11247349
Director19 Aug 20251 yr 2 moCarryage Technologies Private Limited

People of Tempo Go

1 people are tracked at Tempo Go (1 in leadership); the tracked headcount is 4.

NameRoleGroup
Pranav Shirke
Co-Founder, CEOLeadership
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Financials of Tempo Go

Figures of Carryage Technologies Private Limited, the primary company behind Tempo Go, for FY 2025. Revenue was ₹2 Lakh (0% year on year). Net profit was ₹63,110 (32% margin). EBITDA was ₹63,110 (32% margin). Revenue has grown at a compounded annual rate of -6% over three years and -43% over five years.

  • ₹2 LakhRevenue · FY 2025 · 0% YoY
  • ₹63,110Net profit · 32% margin
  • ₹63,110EBITDA · 32% margin
  • ₹1.12 CrPaid-up capital
  • 4Employees (provident fund records)
  • -6%Revenue CAGR, 3 years
  • -43%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Carryage Technologies Private Limited are on its company page.

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Detailed financial statements for Tempo Go

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Timeline of Tempo Go

4 dated milestones of Tempo Go across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Tempo Go is founded.
  2. Funding First funding round of $173K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $572K.

Competitors of Tempo Go

Tempo Go has 3 listed competitors in our database, 3 of them funded. They include Shiprocket, Pickrr and Everest Fleet.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
shiprocket.in2012Gurugram, India$321.57M2,607
E-commerce tools for shipping, marketing, and financial services are provided.
pickrr.com2015Gurugram, India$16.36M
AI-based logistics solutions are provided for shipping and tracking.
everestfleet.com2016Mumbai, India$64.33M3,513
Platform offering fleet management services for taxis, goods, and drivers
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Detailed competitors of Tempo Go

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Top companies in Commercial & Off-Highway Vehicles

3 companies that operate in the same segment as Tempo Go (Commercial & Off-Highway Vehicles) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric three-wheelers are designed, manufactured, and marketed for passenger transport.
2022Chennai, Tamil Nadu, IndiaUSD 519.2 MUSD 2.07 B530
Develops innovative GPS tracking technologies for fleet operators.
2000Valsad, Gujarat, India
Lynkit develops telematic systems for enterprise fleet tracking.
2017Delhi, Delhi, IndiaUSD 2.06 M100
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Related news about Tempo Go

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Frequently Asked Questions about Tempo Go

Tempo Go was founded in 2015.

Tempo Go is headquartered in Panaji, India. It is registered at Panaji, Goa, India.

Pranav Shirke is the CEO of Tempo Go, as recorded in our data. They have also founded this company.

Tempo Go is a funded company, having raised a total of $1.57M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $173.35K, raised on Jul 2015.

Tempo Go has 4 employees.

The primary company behind Tempo Go, Carryage Technologies Private Limited, reported revenue of β‚Ή2 Lakh for FY 2025, down 0% year on year.

Tempo Go operates with a B2B model, focusing on leveraging cutting-edge technology, software and hardware, managing fleet operations, and tracking assets. Provides software and hardware solutions for fleet management and asset tracking. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Tempo Go's top competitors include Shiprocket, Pickrr and Everest Fleet.

Tempo Go has 12 investors. Key investors include NB Ventures, Startup-O, Anish Kothari, Ashish Kothari, and Piyush Kothari.

The valuation of Tempo Go is $4.55M as of Jun 2017.

Tempo Go operates through Carryage Technologies Private Limited.

The legal entities of Tempo Go currently have 3 directors, including Hiten Ashokkumar Patel, Shaleena Kaura, Ritu Nag.

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