About WheelsEye
WheelsEye is a company based in Gurugram (India) founded in 2017 by Anshul Mimani and Manish Somani. It operates as a On-Demand Services, and Two-Sided Marketplace. WheelsEye has raised $2.01 million across 2 funding rounds from investors including Prime Venture Partners. WheelsEye offers products and services including Online Truck Booking and Full Truckload Service. WheelsEye operates in a competitive market with competitors including BlackBuck, Vahak, Celcius, Lobb and Trans India, among others.
- Headquarter Gurugram, India
- Founders Anshul Mimani, Manish Somani
- 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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.01 M (USD)
in 2 rounds
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Latest Funding Round
$1 M (USD), Seed
Aug 30, 2018
- Investors
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Employee Count
Employee Count
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Products & Services of WheelsEye
WheelsEye offers a comprehensive portfolio of products and services, including Online Truck Booking and Full Truckload Service. 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 platform for booking trucks across India easily.
Entire truck booked for large shipments across distances.
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Funding Insights of WheelsEye
WheelsEye has successfully raised a total of $2.01M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in August 2018. 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 2
- Last Round Seed — $1.0M
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First Round
First Round
(19 Dec 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2018 | Amount | Seed - WheelsEye | Valuation | Prime Venture Partners |
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| Dec, 2017 | Amount | Seed - WheelsEye | Valuation | Prime Venture Partners |
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| 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 WheelsEye
WheelsEye has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Prime Venture Partners. 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 fund focused on tech startups
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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 WheelsEye
| 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 |
Financial Statements - WheelsEye
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Wheelseye Comparisons
Competitors of WheelsEye
WheelsEye 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, Vahak, Celcius, Lobb and Trans India, 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 |
An app-based marketplace is operated for cargo transportation bookings.
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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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| 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 Wheelseye
Frequently Asked Questions about WheelsEye
When was WheelsEye founded?
WheelsEye was founded in 2017.
Where is WheelsEye located?
WheelsEye is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is WheelsEye a funded company?
WheelsEye is a funded company, having raised a total of $2.01M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.01M, raised on Dec 19, 2017.
What does WheelsEye do?
WheelsEye is engaged in offering online truck booking and goods transportation services across India. The company operates in the logistics sector, focusing on simplifying freight transportation for businesses. Solutions include a user-friendly platform for instant booking, cost estimation, and access to over 20 lakh trucks. Services are provided to various industries, ensuring safe and quick delivery through PAN-India coverage. Additionally, real-time GPS tracking and trip insurance up to 50 lakhs are offered to enhance customer trust and operational efficiency.
Who are the top competitors of WheelsEye?
What products or services does WheelsEye offer?
WheelsEye offers Online Truck Booking and Full Truckload Service.
Who are WheelsEye's investors?
WheelsEye has 1 investor. Key investors include Prime Venture Partners.
What is WheelsEye's valuation?
The valuation of WheelsEye is $3.38M as of Dec 2017.