About TESSOL
TESSOL is a company based in Mumbai (India) founded in 2013 by Niranjana Neelakantan and Rajat Gupta. TESSOL has raised $3.27 million across 5 funding rounds from investors including Ankur Capital, 1Crowd and Sat Industries. The company has 29 employees as of March 22, 2024. TESSOL operates in a competitive market with competitors including Stellar Value Chain, Snowman Logistics, Schedulers, Indicold and CONCOR, among others.
- Headquarter Mumbai, India
- Employees 29 as on 22 Mar, 2024
- Founders Niranjana Neelakantan, Rajat Gupta
- Stage Minicorn
-
Sectors
Transportation, Automotive & Logistics
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Thermal Energy Service Solutions Private Limited
- Date of Incorporation 07 Feb, 2013
- Jurisdiction Thane, Maharashtra, India
-
Annual Revenue
$1.6 M (USD)22.83as on Mar 31, 2023
-
Net Profit
-$277.37 K (USD)-217.84as on Mar 31, 2023
-
EBITDA
-$241.1 K (USD)-291.34as on Mar 31, 2023
-
Total Equity Funding
$3.27 M (USD)
in 5 rounds
-
Latest Funding Round
$1.24 M (USD), Series B
Jun 15, 2022
-
Investors
Ankur Capital
& 78 more
-
Employee Count
29
as on Mar 22, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of TESSOL
TESSOL has successfully raised a total of $3.27M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $1.24 million completed in June 2022. 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.
Investors in TESSOL
TESSOL has secured backing from 79 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Ankur Capital, 1Crowd and Sat Industries.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investments in early-stage technology-led and consumer businesses.
|
Locked | Locked | Locked | |
|
Investments are made in B2B technology startups focusing on climate tech, enterprise SaaS, and deep tech.
|
Locked | Locked | Locked | |
|
Fund management and investment services focused on real estate and domestic strategies in India.
|
Locked | Locked | Locked |
Investor details for TESSOL
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by TESSOL
Investment portfolio details for TESSOL
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - TESSOL
Detailed financials for TESSOL
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Tessol Comparisons
Peer comparison for TESSOL
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of TESSOL
TESSOL 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 Stellar Value Chain, Snowman Logistics, Schedulers, Indicold and CONCOR, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Provider of warehousing, cold & supply chain management, and LTL transportation services
|
|
| Locked | Locked | Locked |
Integrated temperature-controlled logistics services are provided for sensitive products.
|
|
| Locked | Locked | Locked |
Temperature-controlled warehousing and logistics services are offered for perishable goods.
|
|
| Locked | Locked | Locked |
End-to-end cold supply chain and warehouse logistics services are provided.
|
|
| Locked | Locked | Locked |
Inland container transport by rail and port management are provided.
|
Detailed competitors of TESSOL
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Tessol
Complete news archive for TESSOL
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about TESSOL
TESSOL was founded in 2013 and raised its 1st funding round 1 year after it was founded.
TESSOL is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Rajat Gupta is the current CEO of TESSOL. They have also founded this company.
TESSOL is a funded company, having raised a total of $3.27M across 5 funding rounds to date.
As of Mar 22, 2024, the latest employee count at TESSOL is 29.
Annual revenue of TESSOL is $1.6M as on Mar 31, 2023.
TESSOL was founded in 2013 in Mumbai, India, as a provider of technology solutions in the temperature-controlled logistics and storage sector. Operations focus on end-to-end services that utilize proprietary innovations and phase-change materials to maintain product integrity during transport and storage. Emphasis is placed on environmental sustainability through reduced energy consumption in cold chain applications. The company serves clients requiring reliable preservation for sensitive goods across various industries.
TESSOL's top competitors include Snowman Logistics, CONCOR and Stellar Value Chain.
TESSOL has 79 investors. Key investors include Ankur Capital, 1Crowd, Sat Industries, Malpani Ventures, and Mela Ventures.
The valuation of TESSOL is $12M as of Jun 2022.