About Trackhive
Trackhive was a Transportation, Automotive & Logistics company based in United States founded in 2019. It provides solutions for tracking e-commerce packages. It operates on a B2B model. The company has 145 employees. Its Indian entity Openxcell Technolabs Private Limited reported revenue of ₹57.64 Cr. The company is recorded as dissolved. Its focus areas include Technology, Logistics, Package Tracking and E-commerce Solutions. Its competitors include Route, Slice and Hypertrack; 3 of its 3 listed competitors have raised funding.
Company details
Trackhive, established in 2019, excels in leveraging cutting-edge technology, streamlining logistics processes, package tracking, and e-commerce solutions. Provides solutions for tracking e-commerce packages. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters United States
- Employees 145
- SectorsTransportation, Automotive & Logistics
- Website trackhive.co
- Legal Name Openxcell Technolabs Private Limited
- Date of Incorporation 04 Aug, 2009
- Jurisdiction Ahmedabad, Gujarat, India
- Indian entity revenue₹57.64 Cr
FY 2023 · -14% YoY
- Indian entity net profit₹9.65 Cr
FY 2023 · 17% margin
- Indian entity EBITDA₹13.30 Cr
FY 2023 · 23% margin
- Employee Count145
Associated legal entities of Trackhive
Trackhive operates through Openxcell Technolabs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Openxcell Technolabs Private Limited CIN U72200GJ2009PTC057711 | Active | 04 Aug 2009 | Ahmedabad, Gujarat | ₹57.6 Cr | 145 | 3 | View details |
Board of directors of Openxcell Technolabs Private Limited (Trackhive)
Openxcell Technolabs Private Limited is the primary company behind Trackhive. The board of Openxcell Technolabs Private Limited currently have 3 directors; the longest-serving is Arunaben Mahendrakumar Patel, appointed in 2009. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arunaben Mahendrakumar Patel DIN 02674250 | Director | 04 Aug 2009 | 17 yrs 2 mo | Openxcell Technolabs Private Limited |
| Megha Deepakkumar Sanklecha DIN 08113572 | Additional Director | 18 Apr 2018 | 8 yrs 6 mo | Openxcell Technolabs Private Limited |
| Jayneel Mahendrakumar Patel DIN 02557596 | Director | 21 Mar 2022 | 4 yrs 7 mo | Openxcell Technolabs Private Limited |
Financials of Trackhive
Figures of Openxcell Technolabs Private Limited, the primary company behind Trackhive, for FY 2023. Revenue was ₹57.64 Cr (-14% year on year). Net profit was ₹9.65 Cr (17% margin). EBITDA was ₹13.30 Cr (23% margin). Revenue has grown at a compounded annual rate of +22% over three years and +26% over five years.
- ₹57.64 CrRevenue · FY 2023 · -14% YoY
- ₹9.65 CrNet profit · 17% margin
- ₹13.30 CrEBITDA · 23% margin
- ₹1 LakhPaid-up capital
- 145Employees (provident fund records)
- +22%Revenue CAGR, 3 years
- +26%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Openxcell Technolabs Private Limited are on its company page.
Detailed financial statements for Trackhive
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Competitors of Trackhive
Trackhive has 3 listed competitors in our database, 3 of them funded. They include Route, Slice and Hypertrack.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| route.com | 2018 | Lehi, United States | $339.5M | 649 | Solutions for tracking e-commerce packages and handling claims are provided. | |
| slice.com | 2010 | Palo Alto, United States | $38.03M | 105 | A package tracking app is provided for online shoppers' deliveries. | |
| hypertrack.com | 2015 | San Francisco, United States | $33.5M | API for real-time tracking and tracing of shipments is provided. |
Detailed competitors of Trackhive
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Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as Trackhive (Logistics Technology & Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based logistics software suite is provided for supply chain management. | 1994 | Schaumburg, Illinois, United States | USD 35 M | USD 1.42 B | 3,600 |
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Related news about Trackhive
Complete news archive for Trackhive
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Frequently Asked Questions about Trackhive
Trackhive was founded in 2019.
Trackhive is headquartered in United States.
Trackhive has 145 employees.
The primary company behind Trackhive, Openxcell Technolabs Private Limited, reported revenue of ₹57.64 Cr for FY 2023, down 14% year on year.
Trackhive, established in 2019, excels in leveraging cutting-edge technology, streamlining logistics processes, package tracking, and e-commerce solutions. Provides solutions for tracking e-commerce packages. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
Trackhive's top competitors include Route, Slice and Hypertrack.
Trackhive operates through Openxcell Technolabs Private Limited.
The legal entities of Trackhive currently have 3 directors, including Jayneel Mahendrakumar Patel, Megha Deepakkumar Sanklecha, Arunaben Mahendrakumar Patel.