About UltraForwarding
UltraForwarding is a Transportation, Automotive & Logistics company founded in 2010. UltraForwarding provides comprehensive multimodal freight forwarding solutions. It operates on a B2B model. Its Indian entity Ing Vysya Bank Limited reported revenue of ₹2,262 Cr. Its focus areas include Logistics and Transportation, Freight Forwarding, Multimodal Services and Shipping Logistics. Its competitors include DP World, DSV, DHL, SEKO Logistics and Allcargo Logistics and 4 more; 3 of its 9 listed competitors have raised funding.
Company details
UltraForwarding operates with a B2B model, focusing on logistics and transportation, offering freight forwarding, multimodal services, and shipping logistics. UltraForwarding provides comprehensive multimodal freight forwarding solutions. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- SectorsTransportation, Automotive & Logistics
- Website ultraforwarding.com
- Legal Name Ing Vysya Bank Limited
- Date of Incorporation 29 Mar, 1930
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2,262 Cr
FY 2024 · 0% YoY
Associated legal entities of UltraForwarding
UltraForwarding operates through Ing Vysya Bank Limited, a listed company (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ing Vysya Bank Limited Listed CIN L85110KA1930PLC000124 | Amalgamated | 29 Mar 1930 | Bangalore, Karnataka | ₹2,262 Cr | – | 11 | View details |
Board of directors of Ing Vysya Bank Limited (UltraForwarding)
Ing Vysya Bank Limited is the primary company behind UltraForwarding. The board of Ing Vysya Bank Limited currently have 11 directors; the longest-serving is Maddali Venkata Satya Apparao, appointed in 2007. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Maddali Venkata Satya Apparao DIN 00484877 | Company Secretary | 27 Jul 2007 | 19 yrs 2 mo | Ing Vysya Bank Limited |
| Santosh Desai DIN 01237902 | Director | 29 Apr 2008 | 18 yrs 5 mo | Ing Vysya Bank Limited |
| Meleveetil Damodaran DIN 02106990 | Director | 21 Jul 2008 | 18 yrs 2 mo | Ing Vysya Bank Limited |
| Vaughn Nigel Richtor DIN 00698356 | Director | 01 Jun 2009 | 17 yrs 4 mo | Ing Vysya Bank Limited |
| Vikram Talwar DIN 00416236 | Director | 20 Dec 2010 | 15 yrs 9 mo | Ing Vysya Bank Limited |
| Mark Edwin Newman DIN 03518417 | Director | 20 Apr 2011 | 15 yrs 6 mo | Ing Vysya Bank Limited |
| Jayant Mehrotra DIN 07681406 | CFO | 29 Apr 2014 | 12 yrs 5 mo | Ing Vysya Bank Limited |
| Alka Marezban Bharucha DIN 00114067 | Additional Director | 25 Jun 2014 | 12 yrs 3 mo | Ing Vysya Bank Limited |
| Adrianus Johannes Antonius Kas DIN 06853983 | Additional Director | 25 Jun 2014 | 12 yrs 3 mo | Ing Vysya Bank Limited |
| Kewal Kundanlal Handa DIN 00056826 | Additional Director | 12 Aug 2014 | 12 yrs 2 mo | Ing Vysya Bank Limited |
| David Han Lee Yong DIN 07015440 | Additional Director | 10 Nov 2014 | 11 yrs 11 mo | Ing Vysya Bank Limited |
Financials of UltraForwarding
Figures of Ing Vysya Bank Limited, the primary company behind UltraForwarding, for FY 2024. Revenue was ₹2,262 Cr (0% year on year). Revenue has grown at a compounded annual rate of +7% over three years and +4% over five years.
- ₹2,262 CrRevenue · FY 2024 · 0% YoY
- ₹192 CrPaid-up capital
- +7%Revenue CAGR, 3 years
- +4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ing Vysya Bank Limited are on its company page.
Detailed financial statements for UltraForwarding
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Competitors of UltraForwarding
UltraForwarding has 9 listed competitors in our database, 3 of them funded. They include DP World, DSV, DHL, SEKO Logistics and Allcargo Logistics, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dpworld.com | 2005 | Dubai, United Arab Emirates | – | 320 | Freight forwarding and maritime logistics services are provided globally. | |
| dsv.com | 1976 | Hedehusene, Denmark | – | 763 | Global provider of transport and logistics services | |
| dhl.com | 1969 | Bonn, Germany | – | 2,936 | Global logistics service provider | |
| sekologistics.com | 1976 | Schaumburg, United States | – | 419 | Global freight forwarding and logistics solutions are provided worldwide. | |
| allcargologistics.com | 1993 | Mumbai, India | $18M | 182 | Multi-modal freight transportation, warehousing, and logistics services are provided globally. | |
| aitworldwide.com | 1979 | Itasca, United States | $7.35M | 774 | Diversified freight forwarding services are provided on a global scale. | |
| agility.com | 1979 | Khemisset, Morocco | – | – | Private equity firm focused on logistics, transportation, industrial real estate, and technologies | |
| jtexpress.com | 2015 | Shanghai, China | $3.54B | – | Delivery, multi-modal freight forwarding, and cross-border logistics services are provided. | |
| fiege.com | 1873 | Greven, Germany | – | 21,487 | 3PL contract logistics services are delivered across Europe. |
Detailed competitors of UltraForwarding
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Top companies in Freight Forwarders
10 companies that operate in the same segment as UltraForwarding (Freight Forwarders), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Global online marketplace for freight and vehicle shipping is facilitated. | 2003 | Austin, Texas, United States | USD 51.81 M | – | – | |
Multimodal logistics and supply chain solutions are provided comprehensively. | 1958 | Gurugram, Haryana, India | – | USD 524.07 M | 13,460 | |
Industrial equipment such as forklifts and automated vehicles is manufactured. | 1953 | Hamburg, Hamburg, Germany | – | USD 6.46 B | 20,920 | |
SaaS-based marketplace providing multi-modal freight transportation services | 2012 | Miami Beach, Florida, United States | USD 92.71 M | USD 29.46 M | 24 | |
Transportation and logistics services are provided by PAM. | 1980 | Tontitown, Arkansas, United States | – | USD 598.06 M | 2,300 | |
Global logistics service provider | 1969 | Bonn, North Rhine-westphalia, Germany | – | – | – | |
Third-party logistics services including freight and warehousing are provided. | 1988 | Jacksonville, United States | – | USD 4.74 B | 1,440 | |
Integrated logistics are delivered worldwide via specialized vessel operations. | 1976 | Seoul, South Korea | – | USD 7.54 B | 1,890 | |
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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Related news about Ultraforwarding
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Frequently Asked Questions about UltraForwarding
UltraForwarding was founded in 2010.
The primary company behind UltraForwarding, Ing Vysya Bank Limited, reported revenue of ₹2,262 Cr for FY 2024, down 0% year on year.
UltraForwarding operates with a B2B model, focusing on logistics and transportation, offering freight forwarding, multimodal services, and shipping logistics. UltraForwarding provides comprehensive multimodal freight forwarding solutions. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
UltraForwarding's top competitors include DHL, Allcargo Logistics and SEKO Logistics.
UltraForwarding operates through Ing Vysya Bank Limited.
The legal entities of UltraForwarding currently have 11 directors, including Mark Edwin Newman, Vikram Talwar, Vaughn Nigel Richtor and others.