Vahak

Bengaluru, India Founded: 2017 • Age: 9 yrs
An app-based marketplace is operated for cargo transportation bookings.
Annual revenue $6.5M Latest available
Total funding $25.9M 5 rounds
Employees 149 Tracked headcount
Investors 43 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Vahak

Vahak is a company based in Bengaluru (India) founded in 2017 by Vikas Chandrawat and Karan Shaha. Vahak has raised $25.89 million across 5 funding rounds from investors including Nexus Venture Partners, Leo Capital and RTP Global. The company has 149 employees as of April 07, 2024. Vahak has completed 1 acquisition, including Instalogist. Vahak offers products and services including Vahak Marketplace and Vahak App. Vahak operates in a competitive market with competitors including BlackBuck, Celcius, Lobb, Trans India and Onmove, among others.

  • Headquarter Bengaluru, India
  • Employees 149 as on 07 Apr, 2024
  • Founders Vikas Chandrawat, Karan Shaha
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Epictus Solutions India Private Limited
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $6.51 M (USD)
    122.29
    as on Mar 31, 2023
  • Net Profit
    -$733.85 K (USD)
    -1012.75
    as on Mar 31, 2023
  • EBITDA
    -$492.88 K (USD)
    -3611.01
    as on Mar 31, 2023
  • Total Equity Funding
    $25.89 M (USD)

    in 5 rounds

  • Latest Funding Round
    $14 M (USD), Series A

    Jun 16, 2022

  • Investors
  • Employee Count
    149

    as on Apr 07, 2024

  • Investments & Acquisitions
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Products & Services of Vahak

Vahak offers a comprehensive portfolio of products and services, including Vahak Marketplace and Vahak App.

Product name locked
Category locked
Primary

Online system for booking trucks and loads with bidding features.

Product name locked
Category locked
Locked

App for connecting transporters and managing freight bookings seamlessly.

People of Vahak

Headcount 50-200
Employee Profiles 17
Board Members and Advisors 10
Employee Profiles
People
Abhay Kumar
Lead Backend Developer
People
Prashaant Mahagaonkar
Senior Manager – Talent, People Ops & Strategy
People
Vinay Chitlangia
VP, Technology
People
Vikas Chandrawat
Co-Founder & CPO

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Board Members and Advisors
people
Kunal Shah
Advisor
people
Amit Gupta
Advisor
people
Archana Priyadarshini
Advisor
people
Amrish Rau
Advisor

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Funding Insights of Vahak

Vahak has successfully raised a total of $25.89M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $14 million completed in June 2022. 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.

Investors in Vahak

Vahak has secured backing from 43 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Nexus Venture Partners, Leo Capital and RTP Global.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm that partners with entrepreneurs for product-first companies.
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Venture capital fund investing in early stage, technology-centric opportunities
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Venture capital firm focused on early-stage technology companies
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Investor details for Vahak

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Vahak

Vahak has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Instalogist.

Investments
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Investment portfolio details for Vahak

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Trucking services are facilitated via an app-based marketplace platform.
Locked Locked 2020 Locked
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Complete acquisition details for Vahak

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Financial Statements - Vahak

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Detailed financials for Vahak

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Vahak Comparisons

Vahak Primary company
Description
An app-based marketplace is operated for cargo transportatio...
Location
Bengaluru, India
Founded Year
2017
Annual Revenue
$6.51 M (USD)
Net Profit
-$733.85 K (USD)
EBITDA
-$492.88 K (USD)
Employees
149
As of 2024
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Peer comparison for Vahak

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Competitors of Vahak

Vahak 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, Celcius, Lobb, Trans India and Onmove, among others.

Company Name Domain Founded year HQ Location Description
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Fleet operators are connected with truckers through a digital marketplace.
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Cold chain logistics solutions are booked through an online platform.
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Provider of a digital freight brokerage platform connecting transporters and truckers
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Online marketplace that connects truck owners with load owners
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Technology-enabled platform for transportation management services
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Detailed competitors of Vahak

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  • Domains and locations
  • Full company profiles
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Latest news on Vahak

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Complete news archive for Vahak

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  • Source and publication date
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  • Brand-specific news history

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Frequently Asked Questions about Vahak

Vahak was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Vahak is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Karan Shaha is the current CEO of Vahak. They have also founded this company.

Vahak is a funded company, having raised a total of $25.89M across 5 funding rounds to date.

As of Apr 07, 2024, the latest employee count at Vahak is 149.

Annual revenue of Vahak is $6.51M as on Mar 31, 2023.

Founded in 2017 in Bengaluru, India, Vahak functions within the logistics sector by providing a digital platform that links shippers and load providers with carriers. Listings of transport businesses and lorry owners are accessible to users, along with tools for obtaining market rates, submitting bids, and securing trucks, trailers, or containers for road haulage. Operations focus on streamlining cargo movement across India.

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

Vahak offers Vahak Marketplace and Vahak App.

Vahak has made 1 acquisition, including Instalogist.

Vahak has 43 investors. Key investors include Nexus Venture Partners, Leo Capital, RTP Global, Sprout Venture Partners, and Titan Capital.

The valuation of Vahak is $65.37M as of Jun 2022.

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