About Vaahika
Vaahika is a company based in Delhi (India) founded in 2015. Vaahika has raised $100.31 thousand across 2 funding rounds from investors including Somesh Sharma, Chiranajiv Lal Chaudhary and Animesh Jain. Vaahika offers products and services including Full Truck Load and Contract Freight. Vaahika operates in a competitive market with competitors including BlackBuck, Vahak, Celcius, Lobb and Trans India, among others.
- Headquarter Delhi, India
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website vaahika.com
- Social LinkedIn X Facebook
- Legal Name Panit Technology Private Limited
- Date of Incorporation 09 Nov, 2015
- Jurisdiction New Delhi, Delhi, India
- Net Loss-₹88,040
FY 2024 · -217055% margin
- EBITDA-₹47,040
FY 2024 · -115971% margin
- Total Equity Funding$100.31K (USD)
in 2 rounds
- Latest Funding Round$52.25K (USD), Angel Round
Mar 2017
Associated legal entities of Vaahika
Vaahika operates through Panit Technology Private Limited (dormant under section 455). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Panit Technology Private Limited CIN U72200DL2015PTC287266 | Dormant Under Section 455 | 09 Nov 2015 | New Delhi, Delhi | ₹0.0 Cr | – | 2 | View details |
Products & Services of Vaahika
Vaahika offers a comprehensive portfolio of products and services, including Full Truck Load and Contract Freight.
On-spot freight booking for SMEs and traders via online platform.
Scheduled solutions for high-volume freight needs of manufacturers.
Funding Insights of Vaahika
Vaahika has successfully raised a total of $100.31K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $52.25 thousand completed in March 2017. 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 $100,305
- Total Rounds 2
- Last Round Angel Round — $52,248
- First Round $48,057
(Dec 2015)
- Investors Count 3
All 2 funding rounds of Vaahika 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 |
|---|---|---|---|---|---|
| Mar 2017 | $52,248 | Angel Round | $2.28M | Somesh Sharma | – |
| Dec 2015 | $48,057 | Angel Round | $1.4M | Somesh Sharma |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2017 | $2.28M | •••••••• |
| Dec 2015 | $1.4M | •••••••• |
Last known valuation $2.28M (Mar 2017). 3 investors in total: 0 institutional and 3 angel.
Investors in Vaahika
Vaahika has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Somesh Sharma, Chiranajiv Lal Chaudhary and Animesh Jain.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
SS Somesh Sharma | Angel investor and entrepreneur, co-founder of Airblack, focused on edtech and consumer tech. | – | unknown_f489fe316b43434e8 | - |
CL Chiranajiv Lal Chaudhary | - | – | unknown_d3064948aab84375b | - |
AJ Animesh Jain | Angel investor and entrepreneur, co-founder of Bombay Shaving Company. | – | unknown_c958431edd2145e7a | - |
Investor details for Vaahika
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Panit Technology Private Limited (Vaahika)
Panit Technology Private Limited is the primary company behind Vaahika. The board of Panit Technology Private Limited currently have 2 directors; the longest-serving is Shashank Jain, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shashank Jain DIN 07232935 | Director | 09 Nov 2015 | 10 yrs 11 mo | Panit Technology Private Limited |
| Siddharth Jain DIN 07278073 | Director | 09 Nov 2015 | 10 yrs 11 mo | Panit Technology Private Limited |
Financials of Vaahika
Figures of Panit Technology Private Limited, the primary company behind Vaahika, for FY 2024. Net loss was -₹88,040 (-217055% margin). EBITDA was -₹47,040 (-115971% margin). Revenue has grown at a compounded annual rate of -98% over three years and -94% over five years.
- -₹88,040Net loss · -217055% margin
- -₹47,040EBITDA · -115971% margin
- ₹1.1 LakhPaid-up capital
- -98%Revenue CAGR, 3 years
- -94%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Panit Technology Private Limited are on its company page.
Detailed financial statements for Vaahika
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Vaahika
4 dated milestones of Vaahika across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Vaahika is founded.
- Funding First funding round of $48K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $52K.
Competitors of Vaahika
Vaahika 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 BlackBuck, Vahak, Celcius, Lobb and Trans India, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blackbuck.com | 2015 | Bengaluru, India | $358.82M | 1,545 | Fleet operators are connected with truckers through a digital marketplace. | |
| vahak.in | 2017 | Bengaluru, India | $25.89M | 174 | An app-based marketplace is operated for cargo transportation bookings. | |
| celcius.in | 2020 | Navi Mumbai, India | $54.49M | 256 | Cold chain logistics solutions are booked through an online platform. | |
| lobb.in | 2015 | Bengaluru, India | $4.56M | 120 | Provider of a digital freight brokerage platform connecting transporters and truckers | |
| transin.in | 2015 | Hyderabad, India | – | 50 | Online marketplace that connects truck owners with load owners | |
| onmove.in | 2016 | Gurugram, India | $17.53M | 245 | Technology-enabled platform for transportation management services | |
| matchlog.delivery | 2019 | Mumbai, India | $4.57M | 35 | Match-back optimization solutions for supply chain decarbonization are provided. | |
| raaho.in | 2015 | Gurugram, India | $7.26M | 96 | Operator of a digital network connecting shippers, truckers, and drivers | |
| trukky.com | 2015 | Gurugram, India | $553,822 | 12 | Online truck booking and logistics services are provided digitally. | |
| trucknetic.com | 2011 | Delhi, India | – | – | AI-based digital solutions connect shippers and carriers for truck bookings. |
Detailed competitors of Vaahika
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Latest news on Vaahika
Complete news archive for Vaahika
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to Vaahika
10 companies that operate in the same segment as Vaahika (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore | USD 9.09 B | USD 3.37 B | 11,270 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | – | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Frequently Asked Questions about Vaahika
Vaahika was founded in 2015.
Vaahika is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Vaahika is a funded company, having raised a total of $100.31K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $48.06K, raised on Dec 2015.
Vaahika was founded in 2015 in Delhi, India, within the logistics sector. An online portal is maintained for reserving services including inter-city and intra-city relocation, vehicle transport, and freight or goods transportation for businesses and individuals. Transporters are enabled to register on the platform, post bids, and engage with users. Transporters are selected by customers according to bid prices and review ratings.
Vaahika offers Full Truck Load and Contract Freight.
Vaahika has 3 investors. Key investors include Somesh Sharma, Chiranajiv Lal Chaudhary, and Animesh Jain.
The valuation of Vaahika is $2.28M as of Mar 2017.
Vaahika operates through Panit Technology Private Limited.
The legal entities of Vaahika currently have 2 directors, including Shashank Jain, Siddharth Jain.