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
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Epictus Solutions India Private Limited
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$6.51 M (USD)122.29as on Mar 31, 2023
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Net Profit
$-733.85 K (USD)-1012.75as on Mar 31, 2023
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EBITDA
$-492.88 K (USD)-3611.01as on Mar 31, 2023
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Total Equity Funding
$25.89 M (USD)
in 5 rounds
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Latest Funding Round
$14 M (USD), Series A
Jun 16, 2022
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Investors
Nexus Venture Partners
& 42 more
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Online system for booking trucks and loads with bidding features.
App for connecting transporters and managing freight bookings seamlessly.
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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $14.0M
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First Round
First Round
(22 Jun 2019)
- Investors Count 43
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series A - Vahak | Valuation | Nexus Venture Partners | |
| Jun, 2021 | Amount | Seed - Vahak | Valuation | RTP Global , V9 Ventures | |
| Feb, 2021 | Amount | Seed - Vahak | Valuation | Leo Capital , RTP Global |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm that partners with entrepreneurs for product-first companies.
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Founded Year | Domain | Location | |
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Venture capital fund investing in early stage, technology-centric opportunities
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage technology companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Vahak
Vahak has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Instalogist. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Trucking services are facilitated via an app-based marketplace platform.
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2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Vahak
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vahak Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Fleet operators are connected with truckers through a digital marketplace.
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| domain | founded_year | HQ Location |
Cold chain logistics solutions are booked through an online platform.
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| domain | founded_year | HQ Location |
Provider of a digital freight brokerage platform connecting transporters and truckers
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| domain | founded_year | HQ Location |
Online marketplace that connects truck owners with load owners
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| domain | founded_year | HQ Location |
Technology-enabled platform for transportation management services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Vahak
Frequently Asked Questions about Vahak
When was Vahak founded?
Vahak was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Vahak located?
Vahak is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Vahak?
Karan Shaha is the current CEO of Vahak. They have also founded this company.
Is Vahak a funded company?
Vahak is a funded company, having raised a total of $25.89M across 5 funding rounds to date. The company's 1st funding round was a Seed of $5.77M, raised on Jun 22, 2019.
How many employees does Vahak have?
As of Apr 07, 2024, the latest employee count at Vahak is 149.
What is the annual revenue of Vahak?
Annual revenue of Vahak is $6.51M as on Mar 31, 2023.
What does Vahak do?
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.
What products or services does Vahak offer?
Vahak offers Vahak Marketplace and Vahak App.
How many acquisitions has Vahak made?
Vahak has made 1 acquisition, including Instalogist.
Who are Vahak's investors?
Vahak has 43 investors. Key investors include Nexus Venture Partners, Leo Capital, RTP Global, Sprout Venture Partners, and Titan Capital.
What is Vahak's valuation?
The valuation of Vahak is $65.37M as of Jun 2022.
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