WareIQ

Bengaluru, India Founded: 2019 • Age: 7 yrs
Web-based shipping solutions are provided for online businesses.

About WareIQ

WareIQ is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2019 by Aayush Mattoo and Harsh Mohan Vaidya. It operates as a web-based shipping solutions are provided for online businesses. It operates in the Transportation, Automotive & Logistics and Retail sectors. WareIQ has raised $1.8 million across 2 funding rounds from investors including Flexport, Y Combinator and FCVC. The company has 54 employees. Its chief executive is Harsh Mohan Vaidya. Its website wareiq.com draws about 121 thousand monthly visits. Its Indian entity Wareiq Logistics Private Limited reported revenue of β‚Ή44.46 Cr. Its focus areas include E-Commerce Enablers, Operations Management, Logistics Management and Shipping and Fulfillment Enablers. Its competitors include Shiprocket, Shippo, Sorted, ShipBob and Deliverr and 5 more; 10 of its 10 listed competitors have raised funding.

Company details

WareIQ was founded in 2019 in Bengaluru, India, within the e-commerce logistics sector. Web-based platforms are utilized to analyze order density, SKU velocity, seasonality, and location-based market trends for recommending inventory placement. Operations cover first-mile and inwards processes, storage, order fulfillment, last-mile delivery, return management, and cash-on-delivery handling. Integrations are supported with marketplaces including Amazon, Shopify, and eBay.

  • Headquarters Bengaluru, India
  • Employees 54
  • Founders Aayush Mattoo, Harsh Mohan Vaidya
  • Sectors
    Transportation, Automotive & Logistics
    Retail
  • Website category Business and Consumer Services · Business Services
  • Email
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  • Phone
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  • Website wareiq.com
  • Social LinkedIn X
  • Legal Name Wareiq Logistics Private Limited
  • Date of Incorporation 20 Sep, 2019
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹44.46 Cr

    FY 2025 · +12% YoY

  • Net Profit
    ₹35 Lakh

    FY 2025 · 1% margin

  • EBITDA
    ₹50.1 Lakh

    FY 2025 · 1% margin

  • Total Equity Funding
    $1.8M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.65M (USD), Seed

    Oct 2020

  • Investors
    Flexport

    & 5 more

  • Employee Count
    54

Funding Insights of WareIQ

WareIQ has successfully raised a total of $1.8M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.65 million completed in October 2020. 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 $1.8M
  • Total Rounds 2
  • Last Round Seed β€” $1.65M
  • First Round $150,000

    (Aug 2020)

  • Investors Count 6

All 2 funding rounds of WareIQ with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2020$1.65MSeed–Y Combinator
Aug 2020$150,000Seed–Y Combinator
–
Valuation history

6 investors in total: 6 institutional.

Investors in WareIQ

WareIQ has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Flexport, Y Combinator and FCVC.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage startups are accelerated via funding and educational programs.
–ycombinator.comMountain View, United States
Venture capital firm focused on seed and series investments
–fcvc.com-
Early-stage investments are provided by Soma Capital to startups.
–somacap.comSan Francisco, United States
Investments in multiple sectors are made by Pioneer Fund.
–pioneerfund.vcSan Francisco, United States
Venture partner and investment management services are provided.
–emlesventure.comNew York, United States
End-to-end supply chain logistics platform and services are provided.
2013flexport.comSan Francisco, United States
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Investor details for WareIQ

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Board of directors of Wareiq Logistics Private Limited (WareIQ)

Wareiq Logistics Private Limited is the primary company behind WareIQ. The board of Wareiq Logistics Private Limited currently have 2 directors; the longest-serving is Harsh Mohan Vaidya, appointed in 2019. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Harsh Mohan Vaidya
DIN 07311143
Director20 Sep 20197 yrs 1 moWareiq Logistics Private Limited
Aayush Mattoo
DIN 08900507
Director12 Oct 20206 yrsWareiq Logistics Private Limited

People of WareIQ

18 people are tracked at WareIQ (5 in leadership, 13 in team); the tracked headcount is 54.

NameRoleGroup
Co-FounderLeadership
Co-Founder & CEOLeadership
Chief Executive OfficerLeadership
Amanpreet Singh
Founding Team, Head Of Customer SuccessLeadership
Hari Shankar
Head Of Finance And AccountsLeadership
Yuvraj Sharma
Shipping Excellence ManagerTeam
Shweta Pandita
Collections ManagerTeam
Deepanjali Ojha
Enterprise Business ManagerTeam
Arbind Giri
Senior Manager Program ManagementTeam
Amit Jedia
Finance ManagerTeam
Hardik Arora
Sr.manager, Customer SuccessTeam
Saif Siddiqui
Pharmaceutical OperationsTeam
Deekshith Reddy
Ops ManagerTeam
Tharun Kumar
Fulfillment ManagerTeam
Mohammed Rasheed
Ecommerce ManagerTeam
Shreelekha H E
HR ManagerTeam
Vishnu M G
Fulfillment Center Lead (south)Team
Ankit Kumar
Data Entry OperatorTeam
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Financials of WareIQ

Figures of Wareiq Logistics Private Limited, the primary company behind WareIQ, for FY 2025. Revenue was ₹44.46 Cr (+12% year on year). Net profit was ₹35 Lakh (1% margin). EBITDA was ₹50.1 Lakh (1% margin). Revenue has grown at a compounded annual rate of +32% over three years and +209% over five years.

  • ₹44.46 CrRevenue · FY 2025 · +12% YoY
  • ₹35 LakhNet profit · 1% margin
  • ₹50.1 LakhEBITDA · 1% margin
  • ₹2.69 CrPaid-up capital
  • 54Employees (provident fund records)
  • +32%Revenue CAGR, 3 years
  • +209%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Wareiq Logistics Private Limited are on its company page.

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Detailed financial statements for WareIQ

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Timeline of WareIQ

3 dated milestones of WareIQ across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded WareIQ is founded.
  2. Funding First funding round of $150K.
  3. Funding Latest funding round, Seed, of $1.6M.

Competitors of WareIQ

WareIQ has 10 listed competitors in our database, 10 of them funded. They include Shiprocket, Shippo, Sorted, ShipBob and Deliverr, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
shiprocket.in2012Gurugram, India$321.57M2,607
E-commerce tools for shipping, marketing, and financial services are provided.
goshippo.com2013San Francisco, United States$154M127
Web-based shipping solutions are provided for e-commerce businesses.
sorted.com2010Manchester, United Kingdom$104.55M92
E-commerce shipping operations are managed via SaaS platform.
shipbob.com2014Chicago, United States$332.7M1,338
E-commerce fulfillment solutions are provided for direct-to-consumer brands.
deliverr.com2017San Francisco, United States$490M336
Tech-enabled fulfillment services are provided to e-commerce businesses.
brightpearl.com2007Bristol, United Kingdom$87.98M80
SaaS-based omnichannel retail management software is provided for retailers.
biltapp.com2014Grapevine, United States$32.1M–
Developer of an app providing 3D assembly instructions for consumer goods
pickrr.com2015Gurugram, India$16.36M–
AI-based logistics solutions are provided for shipping and tracking.
inriver.com2007Malmo, Sweden$57.44M–
Cloud-based PIM tools are provided for online product management.
akeneo.com2013Nantes, France$196.77M–
Open-source product information management solutions are provided for businesses.
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Detailed competitors of WareIQ

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Web traffic of WareIQ

The website of WareIQ (wareiq.com) receives about 121.1K visits a month and ranks #357,134 among all websites worldwide, #10,494 in Business Services.

  • Monthly visits
    121.1K

    ▲ 5.1% vs previous month

  • Unique visitors
    39.8K

    per month

  • Global rank
    #357,134

    among all websites

  • Category rank
    #10,494

    Business and Consumer Services · Business Services

Similar websites

Websites whose visitors overlap most with WareIQ. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
aajenterprises.com
100%
17.8K#1,253,015View details
nimbuspost.com
86%
697.2K#42,161View details
shipsy.io
80%
301.3K#150,667View details
synchrono.com
80%
–#5,751,217View details
varuna.net
80%
9.3K#2,103,891View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for WareIQ

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Top companies in Logistics Technology & Platforms

10 companies that operate in the same segment as WareIQ (Logistics Technology & Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Ride-hailing and on-demand delivery services are aggregated via mobile app.
2012Singapore, Singapore, SingaporeUSD 10.38 BUSD 3.37 B57,733
Food and grocery deliveries are facilitated through an app-based platform.
2013San Francisco, California, United StatesUSD 2.5 BUSD 10.72 B80,579
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.62 BUSD 2.46 B4,488
Integrated logistics services including parcel delivery and warehousing are provided.
2011Gurugram, Haryana, IndiaUSD 1.25 BUSD 1.12 B23,536
Online marketplace offering multi-category grocery products
2015Barcelona, Catalonia, SpainUSD 1.16 B–15,437
E-commerce tools for shipping, marketing, and financial services are provided.
2012Gurugram, Haryana, IndiaUSD 321.57 MUSD 135.47 M915
App based platform offering on demand delivery and ride-hailing services
2010Jakarta, Jakarta, IndonesiaUSD 4.72 B–998
Express delivery logistics solutions are provided for businesses and individuals.
2015Bengaluru, Karnataka, IndiaUSD 246.8 MUSD 447.86 M–
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B5,792
Wolt is operated as a delivery platform for food and groceries.
2014Helsinki, FinlandUSD 827.96 M––
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Related news about Wareiq

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Frequently Asked Questions about WareIQ

WareIQ was founded in 2019 and raised its 1st funding round 1 year after it was founded.

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

Harsh Mohan Vaidya is the current CEO of WareIQ. They have also founded this company.

WareIQ is a funded company, having raised a total of $1.8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Aug 2020.

WareIQ has 54 employees.

The primary company behind WareIQ, Wareiq Logistics Private Limited, reported revenue of β‚Ή44.46 Cr for FY 2025, up 12% year on year.

WareIQ was founded in 2019 in Bengaluru, India, within the e-commerce logistics sector. Web-based platforms are utilized to analyze order density, SKU velocity, seasonality, and location-based market trends for recommending inventory placement. Operations cover first-mile and inwards processes, storage, order fulfillment, last-mile delivery, return management, and cash-on-delivery handling. Integrations are supported with marketplaces including Amazon, Shopify, and eBay.

WareIQ's top competitors include Shiprocket, Shippo and ShipBob.

WareIQ has 6 investors. Key investors include Flexport, Y Combinator, FCVC, Soma Capital, and Pioneer Fund.

WareIQ operates through Wareiq Logistics Private Limited.

The legal entities of WareIQ currently have 2 directors, including Harsh Mohan Vaidya, Aayush Mattoo.

The website of WareIQ receives about 121 thousand visits a month and ranks #357,134 among all websites worldwide.

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