About Veikul
Veikul is a Transportation, Automotive & Logistics company based in San Pedro Garza Garcia (Mexico) founded in 2022 by Patricio Garza Zambrano, Sebastian Pena Laris, Jose Ortiz de la Huerta Garza, and Fernando Medina Bolio. Carless gig-workers are connected to companies through a mobility platform. Veikul has raised $3 million across 2 funding rounds from investors including First Check Ventures. The company has 135 employees. Its chief executive, as recorded, is Sebastian Pena Laris. Its Indian entity Ul Quality Assurance Private Limited reported revenue of ₹30.74 Cr. Its focus areas include Consumer, Road Transport Tech, Mass Transit and Enablers.
Company details
Veikul was founded in 2022 in San Pedro Garza Garcia, Mexico, as a mobility-as-a-service platform in the transportation and supply chain sector. Carless gig-workers are linked with companies requiring dependable delivery solutions. Transportation services are facilitated without vehicle ownership, enabling efficient operations for participants. The platform supports logistics needs across relevant geographies.
- Headquarters San Pedro Garza Garcia, Mexico
- Employees 135
- Founders Patricio Garza Zambrano, Sebastian Pena Laris, Jose Ortiz de la Huerta Garza, Fernando Medina Bolio
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website veikul.com
- Social LinkedIn Facebook
- Legal Name Ul Quality Assurance Private Limited
- Date of Incorporation 13 Apr, 2006
- Jurisdiction Whitefiled, Karnataka, India
- Indian entity revenue₹30.74 Cr
FY 2018 · +17% YoY
- Indian entity net profit₹7.08 Cr
FY 2018 · 23% margin
- Indian entity EBITDA₹7.24 Cr
FY 2018 · 24% margin
- Total Equity Funding$3M (USD)
in 2 rounds
- Latest Funding Round$3M (USD), Seed
Aug 2024
- Investors
- Employee Count135
Associated legal entities of Veikul
Veikul operates through Ul Quality Assurance Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ul Quality Assurance Private Limited CIN U33111KA2006PTC097493 | Amalgamated | 13 Apr 2006 | Whitefiled, Karnataka | ₹30.7 Cr | 135 | 4 | View details |
Funding Insights of Veikul
Veikul has successfully raised a total of $3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in August 2024. 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 $3M
- Total Rounds 2
- Last Round Seed — $3M
- Investors Count 1
All 2 funding rounds of Veikul 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 |
|---|---|---|---|---|---|
| Aug 2024 | Debt – Conventional | – | – | – | |
| Aug 2024 | $3M | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Veikul
Veikul has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include First Check Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are invested in by First Check Ventures. | firstcheckventures.com | San Francisco, United States |
Investor details for Veikul
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Ul Quality Assurance Private Limited (Veikul)
Ul Quality Assurance Private Limited is the primary company behind Veikul. The board of Ul Quality Assurance Private Limited currently have 3 directors; the longest-serving is Sajeev Jesudas, appointed in 2011. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sajeev Jesudas DIN 01893654 | Director | 21 Sep 2011 | 15 yrs 1 mo | Ul Quality Assurance Private Limited |
| Suresh Sugavanam DIN 06743085 | Director | 11 Feb 2014 | 12 yrs 8 mo | Ul Quality Assurance Private Limited |
| Prosenjit Roy DIN 07933111 | Director | 11 Sep 2017 | 9 yrs 1 mo | Ul Quality Assurance Private Limited |
People of Veikul
4 people are tracked at Veikul (4 in leadership); the tracked headcount is 135.
| Name | Role | Group |
|---|---|---|
Patricio Garza Zambrano | Co-Founder | Leadership |
Sebastian Pena Laris | Co-Founder & CEO | Leadership |
Jose Ortiz de la Huerta Garza | Co-Founder | Leadership |
Fernando Medina Bolio | Co-Founder & COO | Leadership |
Complete people profiles for Veikul
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of Veikul
Figures of Ul Quality Assurance Private Limited, the primary company behind Veikul, for FY 2018. Revenue was ₹30.74 Cr (+17% year on year). Net profit was ₹7.08 Cr (23% margin). EBITDA was ₹7.24 Cr (24% margin). Revenue has grown at a compounded annual rate of +22% over three years.
- ₹30.74 CrRevenue · FY 2018 · +17% YoY
- ₹7.08 CrNet profit · 23% margin
- ₹7.24 CrEBITDA · 24% margin
- ₹16.74 CrPaid-up capital
- 135Employees (provident fund records)
- +22%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Ul Quality Assurance Private Limited are on its company page.
Detailed financial statements for Veikul
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of Veikul
2 dated milestones of Veikul across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Veikul is founded.
- Funding First funding round.
Web traffic of Veikul
The website of Veikul (veikul.com) receives about 1.9K visits a month.
- Monthly visits1.9K
▼ 1.2% vs previous month
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Complete news archive for Veikul
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Frequently Asked Questions about Veikul
Veikul was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Veikul is headquartered in San Pedro Garza Garcia, Mexico. It is registered at San Pedro Garza Garcia, Nuevo Leon, Mexico.
Sebastian Pena Laris is the CEO of Veikul, as recorded in our data. They have also founded this company.
Veikul is a funded company, having raised a total of $3M across 2 funding rounds to date.
Veikul has 135 employees.
The primary company behind Veikul, Ul Quality Assurance Private Limited, reported revenue of ₹30.74 Cr for FY 2018, up 17% year on year.
Veikul was founded in 2022 in San Pedro Garza Garcia, Mexico, as a mobility-as-a-service platform in the transportation and supply chain sector. Carless gig-workers are linked with companies requiring dependable delivery solutions. Transportation services are facilitated without vehicle ownership, enabling efficient operations for participants. The platform supports logistics needs across relevant geographies.
Veikul has 1 investor. Key investors include First Check Ventures.
Veikul operates through Ul Quality Assurance Private Limited.
The legal entities of Veikul currently have 4 directors, including Prosenjit Roy, Suresh Sugavanam, Priyanka Sunil Kadam and others.