About Tusker
Tusker is a company based in Bengaluru (India) founded in 2012 by Sharath Chandangoudar. It operates as a Reseller / Distribution. Tusker has raised $1.12 million across 2 funding rounds from investors including Angel List, LetsVenture and Lumis Partners. The company has 2 employees as of May 31, 2025. Tusker offers products and services including Distribution Services. Tusker operates in a competitive market with competitors including Grab, Dunzo, Pidge, PIQYU and Telyport, among others.
- Headquarter Bengaluru, India
- Employees 2 as on 31 May, 2025
- Founders Sharath Chandangoudar
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
$972.13 K (USD)-24as on Mar 31, 2023
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Net Profit
-$704.76 K (USD)-980as on Mar 31, 2023
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EBITDA
-$663.08 K (USD)-1738as on Mar 31, 2023
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Total Equity Funding
$1.12 M (USD)
in 2 rounds
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Latest Funding Round
$479.8 K (USD), Seed
Nov 28, 2023
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Investors
Angel List
& 8 more
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Employee Count
2
as on May 31, 2025
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Products & Services of Tusker
Tusker offers a comprehensive portfolio of products and services, including Distribution Services.
Distribution services are provided for businesses in India.
Funding Insights of Tusker
Tusker has successfully raised a total of $1.12M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $479.8 thousand completed in November 2023. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $479,800
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First Round
First Round
(27 Sep 2022)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Seed - Tusker | Valuation | Lumis Partners |
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| Sep, 2022 | Amount | Seed - Tusker | Valuation | LetsVenture , Lumis Partners |
Investors in Tusker
Tusker has secured backing from 9 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, LetsVenture and Lumis Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment in alternative assets, businesses, and funds in India.
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Founded Year | Domain | Location | |
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Venture capital fund investing in pre-seed tech startups with support services.
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Founded Year | Domain | Location | |
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Seed and early-stage investments are made across sectors in India.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tusker
Financial Statements - Tusker
Tusker Comparisons
Competitors of Tusker
Tusker 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 Grab, Dunzo, Pidge, PIQYU and Telyport, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Ride-hailing and on-demand delivery services are aggregated via mobile app.
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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| domain | founded_year | HQ Location |
Logistics intelligence and fulfillment solutions are delivered for businesses.
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| domain | founded_year | HQ Location |
Web-enabled 3PL services are provided for hyperlocal delivery management.
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| domain | founded_year | HQ Location |
Hyperlocal on-demand courier deliveries are facilitated for various goods.
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| domain | founded_year | HQ Location |
Last-mile delivery and logistics solutions are provided via technology platform.
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Latest news on Tusker
Frequently Asked Questions about Tusker
Tusker was founded in 2012 and raised its 1st funding round 10 years after it was founded.
Tusker is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Tusker is a funded company, having raised a total of $1.12M across 2 funding rounds to date. The company's 1st funding round was a Seed of $635.24K, raised on Sep 27, 2022.
As of May 31, 2025, the latest employee count at Tusker is 2.
Annual revenue of Tusker is $972.13K as on Mar 31, 2023.
Distribution solutions are provided by Tusker, focusing on businesses in India. Operations are centered on facilitating the supply chain and logistics for various sectors. Support is extended to regional markets, ensuring efficient delivery and distribution networks. The company is engaged in bridging gaps between manufacturers and retailers.
Tusker offers Distribution Services.
Tusker has 9 investors. Key investors include Angel List, LetsVenture, Lumis Partners, PointOne Capital, and Krishna Rani.
The valuation of Tusker is $5.24M as of Nov 2023.