About Whizzard
Whizzard is a Transportation, Automotive & Logistics company based in Hyderabad (India) founded in 2019 by Ankit Mandhania, Soujanya Ivaturi, Arun Kumar Mendu, and Arun Venkatrmani Rao, and was acquired by Mahindra Logistics in February 2022. It operates as a last-mile delivery services for e-commerce are provided intracity. It operates in the Transportation, Automotive & Logistics and Retail sectors. Whizzard has raised $578.85 thousand across 1 funding round from investors including Mahindra Logistics, Raina Marathe and Smitalee Prusty. Its Indian entity Zipzap Logistics Private Limited reported revenue of ₹126 Cr. Whizzard offers products and services including Last Mile Delivery, Micro Fulfilment Centres, Sub Same-Day Delivery, and Sustainable Last Mile Delivery. Its focus areas include Consumer, Logistics Tech, Ecommerce Logistics and Last Mile. Its competitors include Delhivery, Shadowfax, XpressBees, Prozo and Ripplr and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Whizzard was founded in 2019 in Hyderabad, India, within the e-commerce logistics sector. A network is offered to sellers for intracity last-mile deliveries and reverse logistics. Retailers and businesses are supported through a platform enabling same-day, next-day, intercity, and hyperlocal delivery options. Operations focus on efficient urban and regional fulfillment for online commerce.
- Headquarters Hyderabad, India
- Founders Ankit Mandhania, Soujanya Ivaturi, Arun Kumar Mendu, Arun Venkatrmani Rao
- Stage Acquired
- SectorsTransportation, Automotive & LogisticsRetail
- Email••••••••
- Phone•••• ••••
- Website whizzard.in
- Social LinkedIn X Facebook Instagram
- Acquired by Mahindra Logistics (Feb 2022)
- Legal Name Zipzap Logistics Private Limited
- Date of Incorporation 27 Jul, 2018
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹126 Cr
FY 2024 · +9% YoY
- Net Loss-₹2.94 Cr
FY 2024 · -2% margin
- EBITDA-₹1.45 Cr
FY 2024 · -1% margin
- Total Equity Funding$578.85K (USD)
in 1 rounds
- Latest Funding Round$578.85K (USD), Angel Round
Feb 2019
- InvestorsMahindra Logistics
& 23 more
- Acquired byMahindra Logistics
(Feb 2022)
Associated legal entities of Whizzard
Whizzard is associated with 2 registered companies on The Company Check; the primary company is Zipzap Logistics Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Zipzap Logistics Private Limited CIN U60221TG2018PTC125881 | Active | 27 Jul 2018 | Hyderabad, Telangana | ₹126 Cr | 93 | 8 | View details |
| Mahindra Logistics Limited Listed CIN L63000MH2007PLC173466 | Active | 24 Aug 2007 | Mumbai, Maharashtra | ₹7,016 Cr | 4,005 | 11 | View details |
Products & Services of Whizzard
Whizzard offers a comprehensive portfolio of products and services, including Last Mile Delivery, Micro Fulfilment Centres, Sub Same-Day Delivery, and Sustainable Last Mile Delivery.
Handles same-day and next-day deliveries using electric vehicles for efficiency.
Manages order processing, inventory, and distribution for e-commerce clients.
Optimizes pick, pack, and dispatch for timely e-commerce deliveries.
Utilizes EVs and tech for reduced emissions in delivery operations.
Funding Insights of Whizzard
Whizzard has successfully raised a total of $578.85K through 1 strategic funding round. The most recent funding activity was a Angel Round of $578.85 thousand completed in February 2019. 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 $578,852
- Total Rounds 1
- Last Round Angel Round — $578,852
- First Round $578,852
(Feb 2019)
- Investors Count 23
All 1 funding rounds of Whizzard 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 |
|---|---|---|---|---|---|
| Feb 2019 | $578,852 | Angel Round | – | Mohit Sethi, Ayush Kohli |
24 investors in total: 1 institutional and 23 angel.
Investors in Whizzard
Whizzard has secured backing from 24 investors, including angel and institutional investors. Prominent investors backing the company include Mahindra Logistics, Raina Marathe and Smitalee Prusty.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Integrated supply chain and mobility solutions are provided globally. | 2009 | mahindralogistics.com | Mumbai, India | |
RM Raina Marathe | - | – | unknown_5d09ec516af142efb | - |
SP Smitalee Prusty | - | – | unknown_22d00175298046f5a | - |
RA Rahul Apte | - | – | unknown_15ddbcebb4c347769 | - |
NP Nidhi Pande | - | – | unknown_11372a6c49fa48f98 | - |
SS Shivangi Singh | - | – | unknown_38dfd80c3cf24c928 | - |
M Madhukar | - | – | unknown_336e96d5731e4b56a | - |
ST Sirisha TL | - | – | unknown_2cbc504fb73a4f85a | - |
MS Mohit Sethi | - | – | unknown_3be05ba9e5d548989 | - |
AB Abhijit Banerjee | Angel investor, Co-founder of Instamojo, focused on tech startups | – | unknown_ae30d3402cd24c4fa | - |
Investor details for Whizzard
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Zipzap Logistics Private Limited (Whizzard)
Zipzap Logistics Private Limited is the primary company behind Whizzard. The boards of the 2 registered companies of Whizzard currently have 14 directors; the longest-serving is Darius Dinshaw Pandole, appointed in 2017. 37 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Darius Dinshaw Pandole DIN 00727320 | Director | 25 Jul 2017 | 9 yrs 2 mo | Mahindra Logistics Limited |
| Ranu Vohra DIN 00153547 | Director | 25 Jul 2017 | 9 yrs 2 mo | Mahindra Logistics Limited |
| Avani Vishal Davda DIN 07504739 | Director | 06 Jun 2018 | 8 yrs 4 mo | Mahindra Logistics Limited |
| Ankit Mandhania DIN 08343799 | Director | 02 Feb 2019 | 7 yrs 8 mo | Zipzap Logistics Private Limited |
| Arun Venkatramani Rao DIN 07057058 | Additional Director | 25 Jul 2020 | 6 yrs 2 mo | Zipzap Logistics Private Limited |
| Malvika Sahni Sinha DIN 08373142 | Director | 30 Jul 2020 | 6 yrs 2 mo | Mahindra Logistics Limited |
| Naveen Raju Kollaickal DIN 07653394 | Director | 03 Sep 2020 | 6 yrs 1 mo | Mahindra Logistics Limited, Zipzap Logistics Private Limited |
| Anish Dilip Shah DIN 02719429 | Director | 02 Apr 2021 | 5 yrs 6 mo | Mahindra Logistics Limited |
| Ameet Pratapsinh Hariani DIN 00087866 | Director | 01 May 2022 | 4 yrs 5 mo | Mahindra Logistics Limited |
| Gangadaran Chellakrishna DIN 01036398 | Director | 16 Jul 2024 | 2 yrs 3 mo | Zipzap Logistics Private Limited |
| Chandra Lakshminarayan Iyer DIN 08111743 | Director | 16 Jul 2024 | 2 yrs 3 mo | Zipzap Logistics Private Limited |
| Hemant Sikka DIN 00922281 | Managing Director | 22 Apr 2025 | 1 yr 5 mo | Mahindra Logistics Limited, Zipzap Logistics Private Limited |
| Isha Dalal DIN 09247780 | Additional Director | 06 Oct 2025 | 1 yr | Zipzap Logistics Private Limited |
| Sanjay Chandrakant Gawde DIN 07917516 | Additional Director | 06 Oct 2025 | 1 yr | Zipzap Logistics Private Limited |
People of Whizzard
6 people are tracked at Whizzard (5 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
M Raja | State Head | Leadership |
Veeresh Sambannavar | Assistant Manager - Human Resources | Team |
Complete people profiles for Whizzard
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Whizzard
Figures of Zipzap Logistics Private Limited, the primary company behind Whizzard, for FY 2024. Revenue was ₹126 Cr (+9% year on year). Net loss was -₹2.94 Cr (-2% margin). EBITDA was -₹1.45 Cr (-1% margin). Revenue has grown at a compounded annual rate of +12% over three years and +75% over five years.
- ₹126 CrRevenue · FY 2024 · +9% YoY
- -₹2.94 CrNet loss · -2% margin
- -₹1.45 CrEBITDA · -1% margin
- ₹1 LakhPaid-up capital
- 93Employees (provident fund records)
- +12%Revenue CAGR, 3 years
- +75%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Zipzap Logistics Private Limited are on its company page.
Detailed financial statements for Whizzard
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Whizzard
3 dated milestones of Whizzard across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Whizzard is founded.
- Funding First funding round of $579K.
- Exit Acquired by Mahindra Logistics.
Competitors of Whizzard
Whizzard has 9 listed competitors in our database, 9 of them funded. They include Delhivery, Shadowfax, XpressBees, Prozo and Ripplr, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| delhivery.com | 2011 | Gurugram, India | $1.25B | 24,439 | Integrated logistics services including parcel delivery and warehousing are provided. | |
| shadowfax.in | 2015 | Bengaluru, India | $246.8M | 3,562 | Express delivery logistics solutions are provided for businesses and individuals. | |
| xpressbees.com | 2015 | Pune, India | $355.69M | 26 | End-to-end logistics delivery and courier solutions are provided. | |
| prozo.com | 2014 | Gurugram, India | $19.98M | 1,118 | Online platform offering wholesale and business-focused e-commerce solutions | |
| ripplr.in | 2019 | Bengaluru, India | $91.08M | 466 | End-to-end distribution and logistics solutions are provided across industries. | |
| loadshare.net | 2017 | Bengaluru, India | $65.01M | 440 | Provider of end-to-end logistics delivery services | |
| parcellab.com | 2014 | Munich, Germany | $112M | 75 | Connects online merchants with their customers | |
| holisollogistics.com | 2009 | Delhi, India | $12.72M | 2,447 | End-to-end supply chain, fulfilment, and IT solutions are provided. | |
| smartr.in | 2021 | Mumbai, India | $19.15M | 1,425 | Door-to-door delivery services for businesses and documents are provided. |
Detailed competitors of Whizzard
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Logistics Technology & Platforms
10 companies that operate in the same segment as Whizzard (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 23,536 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | 15,437 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | 998 | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Related news about Whizzard
Complete news archive for Whizzard
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Frequently Asked Questions about Whizzard
Whizzard was founded in 2019.
Whizzard is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Whizzard is a funded company, having raised a total of $578.85K across 1 funding round to date. The company's 1st funding round was a Angel Round of $578.85K, raised on Feb 2019.
The primary company behind Whizzard, Zipzap Logistics Private Limited, reported revenue of ₹126 Cr for FY 2024, up 9% year on year.
Whizzard was founded in 2019 in Hyderabad, India, within the e-commerce logistics sector. A network is offered to sellers for intracity last-mile deliveries and reverse logistics. Retailers and businesses are supported through a platform enabling same-day, next-day, intercity, and hyperlocal delivery options. Operations focus on efficient urban and regional fulfillment for online commerce.
Whizzard's top competitors include Delhivery, Shadowfax and XpressBees.
Whizzard offers Last Mile Delivery, Micro Fulfilment Centres, Sub Same-Day Delivery, and Sustainable Last Mile Delivery.
Whizzard has 24 investors. Key investors include Mahindra Logistics, Raina Marathe, Smitalee Prusty, Rahul Apte, and Nidhi Pande.
Whizzard is associated with 2 legal entities: Zipzap Logistics Private Limited, Mahindra Logistics Limited.
Yes. Whizzard was acquired by Mahindra Logistics in February 2022.
The legal entities of Whizzard currently have 15 directors, including Malvika Sahni Sinha, Naveen Raju Kollaickal, Anish Dilip Shah and others.