About TrackOn
TrackOn is a company based in Delhi (India) founded in 2002 was acquired by XpressBees in August 2023.. The company has 1,418 employees as of April 08, 2024.
- Headquarter Delhi, India
- Employees 1418 as on 08 Apr, 2024
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Sectors
Telecommunications
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Phone
*********
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Website
*********
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Social
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- Legal Name Trackon Couriers Private Limited
- Date of Incorporation 24 Jan, 2002
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$42.13 M (USD)23.28as on Mar 31, 2023
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Net Profit
$-1.04 M (USD)-205.52as on Mar 31, 2023
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EBITDA
$-690.45 K (USD)-141.43as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
1418
as on Apr 08, 2024
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Acquired by
XpressBees
(Aug 14, 2023)
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Funding Insights of TrackOn
| 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 TrackOn
TrackOn has secured backing from 1 investor. Prominent investors backing the company include XpressBees. 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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End-to-end logistics delivery and courier solutions 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 TrackOn
| 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 - TrackOn
| 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 |
Trackon Comparisons
Competitors of TrackOn
| 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 Trackon
Frequently Asked Questions about TrackOn
When was TrackOn founded?
TrackOn was founded in 2002.
Where is TrackOn located?
TrackOn is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of TrackOn?
Rajesh Kapase is the current CEO of TrackOn.
How many employees does TrackOn have?
As of Apr 08, 2024, the latest employee count at TrackOn is 1,418.
What is the annual revenue of TrackOn?
Annual revenue of TrackOn is $42.13M as on Mar 31, 2023.
What does TrackOn do?
TrackOn was established in 2002 and is headquartered in Delhi, India. Courier and delivery services are offered by the company, focusing on logistics operations within the region. Standard parcel tracking and timely distribution are handled through its network. The domain trackon.in is utilized for online access. Leadership is provided by CEO Rajesh Kapase, ensuring oversight of daily activities in the sector.
Who are TrackOn's investors?
TrackOn has 1 investor. Key investors include XpressBees.
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