About WELLEN
WELLEN is a Transportation, Automotive & Logistics company based in Pune (India) founded in 2018. It provides comprehensive fleet tracking solutions for businesses. It operates on a B2B model. Its Indian entity Wellen Technology Private Limited reported revenue of ₹21.5 Lakh. Its focus areas include Logistics, Transportation, Fleet Management and Tracking Solutions. Its competitors include EquipmentShare, Spireon, Fleet Complete, SkyBitz and Quartix and 5 more; 6 of its 10 listed competitors have raised funding.
Company details
WELLEN provides comprehensive fleet tracking solutions for businesses through streamlining logistics processes, providing transportation services, managing fleet operations, and offering tracking solutions. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Pune, India
- SectorsTransportation, Automotive & Logistics
- Website wellen.in
- Legal Name Wellen Technology Private Limited
- Date of Incorporation 20 Sep, 2017
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹21.5 Lakh
FY 2024 · +62% YoY
- Net Profit₹44,002
FY 2024 · 2% margin
- EBITDA₹45,847
FY 2024 · 2% margin
Associated legal entities of WELLEN
WELLEN operates through Wellen Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Wellen Technology Private Limited CIN U74995PN2017PTC172638 | Active | 20 Sep 2017 | Pune, Maharashtra | ₹0.2 Cr | – | 3 | View details |
Board of directors of Wellen Technology Private Limited (WELLEN)
Wellen Technology Private Limited is the primary company behind WELLEN. The board of Wellen Technology Private Limited currently have 3 directors; the longest-serving is Jignya Yogesh Shah, appointed in 2017. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jignya Yogesh Shah DIN 07788112 | Director | 20 Sep 2017 | 9 yrs 1 mo | Wellen Technology Private Limited |
| Kevan Yogesh Shah DIN 08432230 | Manager | 24 Apr 2019 | 7 yrs 5 mo | Wellen Technology Private Limited |
| Yogesh Ashok Shah DIN 02973417 | Director | 09 Apr 2025 | 1 yr 6 mo | Wellen Technology Private Limited |
Financials of WELLEN
Figures of Wellen Technology Private Limited, the primary company behind WELLEN, for FY 2024. Revenue was ₹21.5 Lakh (+62% year on year). Net profit was ₹44,002 (2% margin). EBITDA was ₹45,847 (2% margin). Revenue has grown at a compounded annual rate of -20% over three years and +7% over five years.
- ₹21.5 LakhRevenue · FY 2024 · +62% YoY
- ₹44,002Net profit · 2% margin
- ₹45,847EBITDA · 2% margin
- ₹1 LakhPaid-up capital
- -20%Revenue CAGR, 3 years
- +7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Wellen Technology Private Limited are on its company page.
Detailed financial statements for WELLEN
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Competitors of WELLEN
WELLEN has 10 listed competitors in our database, 6 of them funded. They include EquipmentShare, Spireon, Fleet Complete, SkyBitz and Quartix, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| equipmentshare.com | 2014 | Columbia, United States | $806.48M | 2,377 | Equipment rental marketplace and digital tools for construction are offered. | |
| spireon.com | 2003 | Knoxville, United States | $7.71M | 364 | SaaS-enabled solutions for fleet and field service management are offered. | |
| fleetcomplete.com | 1998 | Toronto, Canada | – | 423 | Fleet, asset, and mobile workforce management solutions are provided. | |
| skybitz.com | 1995 | Sterling, United States | $48M | – | Remote asset tracking and management solutions are provided globally. | |
| quartix.com | 2001 | Chicago, United States | – | 181 | GPS vehicle tracking and fleet management solutions are provided. | |
| mapon.com | 2006 | Riga, Latvia | $3.28M | 177 | Vehicle tracking and fleet management solutions are provided. | |
| gpstrackit.com | 1999 | Temecula, United States | – | 98 | Software solutions for fleet tracking and management are provided. | |
| qapla.it | 2014 | Italy | $6.38M | – | Online purchase deliveries are tracked through the Qapla' app. | |
| blueskynetwork.com | 2001 | United Kingdom | $1M | 80 | Provider of GSM and iridium-based fleet management and satellite tracking solutions | |
| calamp.com | 1981 | Irvine, United States | – | 644 | Machine-to-machine communication solutions are delivered for IoT and asset tracking. |
Detailed competitors of WELLEN
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Trucking
10 companies that operate in the same segment as WELLEN (Trucking), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multimodal logistics and supply chain solutions are provided comprehensively. | 1958 | Gurugram, Haryana, India | – | USD 524.07 M | 13,460 | |
Fleet leasing and supply chain solutions are provided globally. | 1933 | Miami, Florida, United States | – | USD 12.66 B | 50,700 | |
Logistics and transportation services are provided by ArcBest. | 1923 | Fort Smith, Arkansas, United States | – | USD 4.01 B | 14,000 | |
Commercial trucks are manufactured and distributed by Daimler Truck. | 1895 | Leinfelden-echterdingen, Baden-wurttemberg, Germany | USD 9 B | USD 53.5 B | 102,890 | |
Integrated supply chain and mobility solutions are provided globally. | 2009 | Mumbai, Maharashtra, India | USD 33.05 M | USD 745.97 M | 4,100 | |
Supply chain, logistics, and transportation services are provided globally. | 1904 | United States | – | USD 56.16 B | 108,160 | |
Truck transportation and repair services are provided nationwide. | 1975 | Irving, Texas, United States | – | – | 3,842 | |
Equipment for logistics and energy sectors is manufactured and supplied. | 1980 | Shenzhen, Guangdong, China | – | USD 22.33 B | 50,690 | |
Road freight services including parcels, LTL, and FTL are provided. | 1995 | Dallas, Texas, United States | USD 300 K | – | 1,869 | |
Commercial vehicle brands are owned and operated by TRATON. | 2013 | Munchen, Bayern, Germany | – | USD 51.76 B | 105,540 |
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Frequently Asked Questions about WELLEN
WELLEN was founded in 2018.
WELLEN is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
The primary company behind WELLEN, Wellen Technology Private Limited, reported revenue of ₹21.5 Lakh for FY 2024, up 62% year on year.
WELLEN provides comprehensive fleet tracking solutions for businesses through streamlining logistics processes, providing transportation services, managing fleet operations, and offering tracking solutions. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
WELLEN's top competitors include EquipmentShare, Mapon and Quartix.
WELLEN operates through Wellen Technology Private Limited.
The legal entities of WELLEN currently have 3 directors, including Yogesh Ashok Shah, Kevan Yogesh Shah, Jignya Yogesh Shah.