About Transport On Demand
Transport On Demand was a Transportation, Automotive & Logistics company based in Ahmedabad (India) founded in 2015 by Hiten Rameshchandra Vasant, Rameshchandra Gopaldas Vasant, and Yash Vasant. Digital marketplace for booking mini-trucks for intra-city shipping needs. It operates on a B2B model. Transport On Demand has raised $150 thousand across 1 funding round from investors including Dhruv Taneja. Transport On Demand was last valued at $296.66 thousand in July 2016. Its Indian entity Vasant Cargo Movers Private Limited reported revenue of ₹7.95 Cr. The company is recorded as dissolved. Its focus areas include Transportation and Logistics, Logistics, Freight and Shipping and On-Demand Booking. Its competitors include Infraprime Logistics Technologies, SmartShift and TruckBhejo; 2 of its 3 listed competitors have raised funding.
Company details
Transport On Demand, established in 2015 and currently in Dissolved stage, focuses on transportation and logistics, streamlining logistics processes, freight and shipping, and on-demand booking. Digital marketplace for booking mini-trucks for intra-city shipping needs. Adapting to market demands with innovation and client-focused strategies.
- Headquarters Ahmedabad, India
- Founders Hiten Rameshchandra Vasant, Rameshchandra Gopaldas Vasant, Yash Vasant
- SectorsTransportation, Automotive & Logistics
- Website thetodapp.com
- Legal Name Vasant Cargo Movers Private Limited
- Date of Incorporation 12 May, 1998
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹7.95 Cr
FY 2025 · +278% YoY
- Net Profit₹21.1 Lakh
FY 2025 · 3% margin
- EBITDA₹30.8 Lakh
FY 2025 · 4% margin
- Total Equity Funding$150K (USD)
in 1 rounds
- Latest Funding Round$150K (USD), Angel Round
Jul 2016
Associated legal entities of Transport On Demand
Transport On Demand operates through Vasant Cargo Movers Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vasant Cargo Movers Private Limited CIN U60231GJ1998PTC034087 | Active | 12 May 1998 | Ahmedabad, Gujarat | ₹8.0 Cr | 2 | View details |
Funding Insights of Transport On Demand
Transport On Demand has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Angel Round of $150 thousand completed in July 2016. 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 $150,000
- Total Rounds 1
- Last Round Angel Round — $150,000
- First Round $150,000
(Jul 2016)
- Investors Count 1
All 1 funding rounds of Transport On Demand with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2016 | $150,000 | Angel Round | $296,659 | Dhruv Taneja | – |
Last known valuation $296,659 (Jul 2016). 1 investors in total: 0 institutional and 1 angel.
Investors in Transport On Demand
Transport On Demand has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Dhruv Taneja.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
DT Dhruv Taneja | unknown_55133bc6a41f49e8b |
Investor details for Transport On Demand
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Vasant Cargo Movers Private Limited (Transport On Demand)
Vasant Cargo Movers Private Limited is the primary company behind Transport On Demand. The board of Vasant Cargo Movers Private Limited currently have 2 directors; the longest-serving is Yashraj Hiten Vasant, appointed in 2015. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Yashraj Hiten Vasant DIN 06946672 | Director | 09 Apr 2015 | 11 yrs 6 mo | Vasant Cargo Movers Private Limited |
| Anuj Hiten Vasant DIN 06946677 | Additional Director | 26 Oct 2020 | 5 yrs 11 mo | Vasant Cargo Movers Private Limited |
People of Transport On Demand
3 people are tracked at Transport On Demand (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Yash Vasant | Co-Founder | Leadership |
Complete people profiles for Transport On Demand
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Transport On Demand
Figures of Vasant Cargo Movers Private Limited, the primary company behind Transport On Demand, for FY 2025. Revenue was ₹7.95 Cr (+278% year on year). Net profit was ₹21.1 Lakh (3% margin). EBITDA was ₹30.8 Lakh (4% margin). Revenue has grown at a compounded annual rate of +1439% over five years.
- ₹7.95 CrRevenue · FY 2025 · +278% YoY
- ₹21.1 LakhNet profit · 3% margin
- ₹30.8 LakhEBITDA · 4% margin
- ₹3.2 LakhPaid-up capital
- +1439%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Vasant Cargo Movers Private Limited are on its company page.
Detailed financial statements for Transport On Demand
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Transport On Demand
2 dated milestones of Transport On Demand across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Transport On Demand is founded.
- Funding First funding round of $150K.
Competitors of Transport On Demand
Transport On Demand has 3 listed competitors in our database, 2 of them funded. They include Infraprime Logistics Technologies, SmartShift and TruckBhejo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| infraprimelogistics.com | 2017 | Gurugram, India | $5.62M | 34 | Electric heavy-duty trucks are developed for logistics and construction sectors. | |
| smartshift.in | 2015 | Mumbai, India | 8 | Online trucking services booking platform | ||
| truckbhejo.com | 2016 | Mumbai, India | $231,288 | Offers app-based marketplace for hiring mini trucks |
Detailed competitors of Transport On Demand
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Freight Forwarders
3 companies that operate in the same segment as Transport On Demand (Freight Forwarders) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multimodal logistics and supply chain solutions are provided comprehensively. | 1958 | Gurugram, Haryana, India | USD 524.07 M | 13,460 | ||
Integrated supply chain and mobility solutions are provided globally. | 2009 | Mumbai, Maharashtra, India | USD 33.05 M | USD 745.97 M | 4,100 | |
Multi-modal freight transportation, warehousing, and logistics services are provided globally. | 1993 | Mumbai, Maharashtra, India | USD 18 M | USD 219.35 M | 557 |
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Frequently Asked Questions about Transport On Demand
Transport On Demand was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Transport On Demand is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Transport On Demand is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Angel Round of $150K, raised on Jul 2016.
The primary company behind Transport On Demand, Vasant Cargo Movers Private Limited, reported revenue of ₹7.95 Cr for FY 2025, up 278% year on year.
Transport On Demand, established in 2015 and currently in Dissolved stage, focuses on transportation and logistics, streamlining logistics processes, freight and shipping, and on-demand booking. Digital marketplace for booking mini-trucks for intra-city shipping needs. Adapting to market demands with innovation and client-focused strategies.
Transport On Demand's top competitors include Infraprime Logistics Technologies, SmartShift and TruckBhejo.
Transport On Demand has 1 investor. Key investors include Dhruv Taneja.
The valuation of Transport On Demand is $296.66K as of Jul 2016.
Transport On Demand operates through Vasant Cargo Movers Private Limited.
The legal entities of Transport On Demand currently have 2 directors, including Anuj Hiten Vasant, Yashraj Hiten Vasant.