About Whizzard
Whizzard is a company based in Hyderabad (India) founded in 2019 by Ankit Mandhania, Soujanya Ivaturi, Arun Kumar Mendu, and Arun Venkatrmani Rao was acquired by Mahindra Logistics in February 2022. Whizzard has raised $578.85 thousand across 1 funding round from investors including Mahindra Logistics, Raina Marathe and Smitalee Prusty. Whizzard offers products and services including Last Mile Delivery, Micro Fulfilment Centres, Sub Same-Day Delivery, and Sustainable Last Mile Delivery. Whizzard operates in a competitive market with competitors including Delhivery, Shadowfax, XpressBees, Prozo and Ripplr, among others.
- Headquarter Hyderabad, India
- Founders Ankit Mandhania, Soujanya Ivaturi, Arun Kumar Mendu, Arun Venkatrmani Rao
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Sectors
Transportation, Automotive & LogisticsRetail
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Email
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Phone
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Website
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Social
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- Legal Name Zipzap Logistics Private Limited
- Date of Incorporation 27 Jul, 2018
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$15.64 M (USD)16.57as on Mar 31, 2023
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Net Profit
-$908.28 K (USD)-130.26as on Mar 31, 2023
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EBITDA
-$748.13 K (USD)-116.83as on Mar 31, 2023
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Total Equity Funding
$578.85 K (USD)
in 1 rounds
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Latest Funding Round
$578.85 K (USD), Angel Round
Feb 06, 2019
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Investors
Mahindra Logistics
& 23 more
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Employee Count
Not available
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Acquired by
Mahindra Logistics
(Feb 28, 2022)
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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.
People of Whizzard
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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.
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.
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Integrated supply chain and mobility solutions are provided globally.
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Raina Marathe |
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Smitalee Prusty |
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Investor details for Whizzard
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Investments & Acquisitions by Whizzard
Investment portfolio details for Whizzard
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Financial Statements - Whizzard
Detailed financials for Whizzard
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Whizzard Comparisons
Peer comparison for Whizzard
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Competitors of Whizzard
Whizzard 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, Prozo and Ripplr, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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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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Online platform offering wholesale and business-focused e-commerce solutions
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End-to-end distribution and logistics solutions are provided across industries.
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Provider of end-to-end logistics delivery services
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Detailed competitors of Whizzard
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Latest news on 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.
Annual revenue of Whizzard is $15.64M as on Mar 31, 2023.
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.