Truckmandi

Delhi, India Founded: 2015 • Age: 11 yrs Minicorn
Operates a digital marketplace for freight transport services.

About Truckmandi

Truckmandi was a Transportation, Automotive & Logistics company based in Delhi (India) founded in 2015 by Ankit Singh, Anurag Jain, and Nishant Singh. It operates a digital marketplace for freight transport services. It operates on a B2B model. Truckmandi has raised $2 million across 1 funding round from investors including RND Softech, Laxman Vaidya Deepak and Aishwarya Pathy. Truckmandi was last valued at $8.17 million in December 2015. Its Indian entity Fixinnov Technology Private Limited reported revenue of β‚Ή10.4 Lakh. The company is recorded as dissolved. Its focus areas include Transportation, Logistics, Freight Services and Digital Marketplaces. Its competitors include BlackBuck, Vahak and Celcius; 3 of its 3 listed competitors have raised funding.

Company details

Truckmandi, led by Ankit Singh as Co-Founder, Anurag Jain as ex-Co-Founder, Nishant Singh as Co-Founder, specializes in providing transportation services, streamlining logistics processes, offering freight services, and operating digital marketplaces. Operates a digital marketplace for freight transport services. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.

  • Headquarters Delhi, India
  • Founders Ankit Singh, Anurag Jain, Nishant Singh
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Website truckmandi.in
  • Social X Facebook
  • Legal Name Fixinnov Technology Private Limited
  • Date of Incorporation 30 Mar, 2015
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Annual Revenue
    ₹10.4 Lakh

    FY 2016

  • Net Loss
    -₹83.3 Lakh

    FY 2016 · -804% margin

  • EBITDA
    -₹79.4 Lakh

    FY 2016 · -766% margin

  • Total Equity Funding
    $2M (USD)

    in 1 rounds

  • Latest Funding Round
    $2M (USD), Series A

    Dec 2015

  • Investors
    RND Softech

    & 12 more

Funding Insights of Truckmandi

Truckmandi has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Series A round of $2 million completed in December 2015. 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 $2M
  • Total Rounds 1
  • Last Round Series A β€” $2M
  • First Round $2M

    (Dec 2015)

  • Investors Count 13

All 1 funding rounds of Truckmandi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2015$2MSeries A$8.17MRamesh Sundaresan
Valuation history
DateValuationStage
Dec 2015$8.17Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $8.17M (Dec 2015). 13 investors in total: 2 institutional and 11 angel.

Investors in Truckmandi

Truckmandi has secured backing from 13 investors, including angel and institutional investors. Prominent investors backing the company include RND Softech, Laxman Vaidya Deepak and Aishwarya Pathy.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
IT services, software development, and BPO solutions are offered by RND Softech.
1999rndsoftech.comCoimbatore, India
Boutique investment banking services are provided in Singapore.
mountnathan.comSingapore, Singapore

Laxman Vaidya Deepak

unknown_0800738e786a42728

Aishwarya Pathy

unknown_61f1f679a66046499

Sourav Mishra

unknown_ea5c1c6364d84b19a

Ritesh Dwivedy

Founder of Bold Care, active angel investor in Indian startups
unknown_498bfa70be944c49a

Saahil Patel

unknown_4d70126e3e6c49079

Pushpendra Singh

unknown_a7039c4b2b5141deb

Maksud Kazi

unknown_ccab407f7e04441fa

Madhav Premal Kapadia

unknown_71fa14166afa4d58a
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Investor details for Truckmandi

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Verified entity values are shown only after access is granted.

Board of directors of Fixinnov Technology Private Limited (Truckmandi)

Fixinnov Technology Private Limited is the primary company behind Truckmandi. The board of Fixinnov Technology Private Limited currently have 3 directors; the longest-serving is Ankit Singh, appointed in 2015. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ankit Singh
DIN 06625312
Director30 Mar 201511 yrs 6 moFixinnov Technology Private Limited
Anurag Jain
DIN 07087348
Director30 Mar 201511 yrs 6 moFixinnov Technology Private Limited
Abhishek Ranjan Dubey
DIN 06625351
Director02 Jul 20188 yrs 3 moFixinnov Technology Private Limited

People of Truckmandi

3 people are tracked at Truckmandi (3 in leadership).

NameRoleGroup
Co-FounderLeadership
ex-Co-FounderLeadership
Nishant Singh
Co-FounderLeadership
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Financials of Truckmandi

Figures of Fixinnov Technology Private Limited, the primary company behind Truckmandi, for FY 2016. Revenue was ₹10.4 Lakh. Net loss was -₹83.3 Lakh (-804% margin). EBITDA was -₹79.4 Lakh (-766% margin).

  • ₹10.4 LakhRevenue · FY 2016
  • -₹83.3 LakhNet loss · -804% margin
  • -₹79.4 LakhEBITDA · -766% margin
  • ₹1.1 LakhPaid-up capital

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

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Detailed financial statements for Truckmandi

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Timeline of Truckmandi

3 dated milestones of Truckmandi, from founding to its latest funding, stage changes and deals.

  1. Founded Truckmandi is founded.
  2. Funding First funding round of $2.0M.
  3. Milestone Reaches Minicorn status.

Competitors of Truckmandi

Truckmandi has 3 listed competitors in our database, 3 of them funded. They include BlackBuck, Vahak and Celcius.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
blackbuck.com2015Bengaluru, India$358.82M1,545
Fleet operators are connected with truckers through a digital marketplace.
vahak.in2017Bengaluru, India$25.89M174
An app-based marketplace is operated for cargo transportation bookings.
celcius.in2020Navi Mumbai, India$54.49M256
Cold chain logistics solutions are booked through an online platform.
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Detailed competitors of Truckmandi

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Top companies in Freight Forwarders

3 companies that operate in the same segment as Truckmandi (Freight Forwarders) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Multimodal logistics and supply chain solutions are provided comprehensively.
1958Gurugram, Haryana, IndiaUSD 524.07 M13,460
Integrated supply chain and mobility solutions are provided globally.
2009Mumbai, Maharashtra, IndiaUSD 33.05 MUSD 745.97 M4,100
Multi-modal freight transportation, warehousing, and logistics services are provided globally.
1993Mumbai, Maharashtra, IndiaUSD 18 MUSD 219.35 M557
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Related news about Truckmandi

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Frequently Asked Questions about Truckmandi

Truckmandi was founded in 2015.

Truckmandi is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Truckmandi is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Series A of $2M, raised on Dec 2015.

The primary company behind Truckmandi, Fixinnov Technology Private Limited, reported revenue of β‚Ή10.4 Lakh for FY 2016.

Truckmandi, led by Ankit Singh as Co-Founder, Anurag Jain as ex-Co-Founder, Nishant Singh as Co-Founder, specializes in providing transportation services, streamlining logistics processes, offering freight services, and operating digital marketplaces. Operates a digital marketplace for freight transport services. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.

Truckmandi's top competitors include BlackBuck, Celcius and Vahak.

Truckmandi has 13 investors. Key investors include RND Softech, Laxman Vaidya Deepak, Aishwarya Pathy, Sourav Mishra, and Ritesh Dwivedy.

The valuation of Truckmandi is $8.17M as of Dec 2015.

Truckmandi operates through Fixinnov Technology Private Limited.

The legal entities of Truckmandi currently have 3 directors, including Ankit Singh, Anurag Jain, Abhishek Ranjan Dubey.

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