About Wheelocity
Wheelocity is a company based in Chennai (India) founded in 2022 by Senthil Kumar A and Selvam VMS. Wheelocity has raised $35.5 million across 4 funding rounds from investors including Lightspeed Venture Partners, Alteria Capital and Lightspeed India. The company has 110 employees as of April 01, 2024. Wheelocity operates in a competitive market with competitors including Delhivery, Shadowfax, XpressBees, LoadShare and Holisol, among others.
- Headquarter Chennai, India
- Employees 110 as on 01 Apr, 2024
- Founders Senthil Kumar A, Selvam VMS
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsRetail
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Phone
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Website
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Social
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- Legal Name Wheelocity Fresh Private Limited
- Date of Incorporation 16 Mar, 2022
- Jurisdiction Kanchipuram, Tamil Nadu, India
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Annual Revenue
$14.47 M (USD)0as on Mar 31, 2023
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Net Profit
-$1.51 M (USD)0as on Mar 31, 2023
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EBITDA
-$604.17 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$35.5 M (USD)
in 4 rounds
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Latest Funding Round
$8.5 M (USD), Series A
Jul 09, 2026
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Investors
Lightspeed Venture Partners
& 3 more
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Employee Count
110
as on Apr 01, 2024
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Funding Insights of Wheelocity
Wheelocity has successfully raised a total of $35.5M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $8.5 million completed in July 2026. 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 Wheelocity
Wheelocity has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Lightspeed Venture Partners, Alteria Capital and Lightspeed India.
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Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India.
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Venture debt funding and structured finance for innovative startups in India.
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Venture capital investing in innovative startups across technology sectors.
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Investor details for Wheelocity
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Investments & Acquisitions by Wheelocity
Investment portfolio details for Wheelocity
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Financial Statements - Wheelocity
Detailed financials for Wheelocity
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Wheelocity Comparisons
Peer comparison for Wheelocity
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Competitors of Wheelocity
Wheelocity 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 Delhivery, Shadowfax, XpressBees, LoadShare and Holisol, among others.
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Integrated logistics services including parcel delivery and warehousing are provided.
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Express delivery logistics solutions are provided for businesses and individuals.
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End-to-end logistics delivery and courier solutions are provided.
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Provider of end-to-end logistics delivery services
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End-to-end supply chain, fulfilment, and IT solutions are provided.
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Connects online merchants with their customers
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Detailed competitors of Wheelocity
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Latest news on Wheelocity
Complete news archive for Wheelocity
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Frequently Asked Questions about Wheelocity
Wheelocity was founded in 2022.
Wheelocity is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Selvam VMS is the current CEO of Wheelocity. They have also founded this company.
Wheelocity is a funded company, having raised a total of $35.5M across 4 funding rounds to date.
As of Apr 01, 2024, the latest employee count at Wheelocity is 110.
Annual revenue of Wheelocity is $14.47M as on Mar 31, 2023.
Provider of software solutions for supply chain and logistics management. It provides a solution that enables the commerce ecosystem to integrate with all touchpoints of the value chain. It offers fulfillment centers, proprietary network design, IoT-enabled operational frameworks to facilitate the operations, a shared infrastructure model across upstream and downstream operations, last-mile delivery, trackable metrics optimization, and more.
Wheelocity's top competitors include Delhivery, Shadowfax and XpressBees.
Wheelocity has 4 investors. Key investors include Lightspeed Venture Partners, Alteria Capital, Lightspeed India, and Anicut Capital.
The valuation of Wheelocity is $63.26M as of May 2022.