About YSG
YSG is a company based in Kolkata (India) founded in 2015 by Kanwar Vivek and Rajkumar Bamalwa. Services provider for drivers. YSG has raised $6.3 million across 4 funding rounds from investors including Sadhan, Sumit Jalan and Vijay Kumar Dhanuka. The company has 8 employees. YSG was last valued at $15.43 million in January 2018. Its Indian entity Ysg Cabs And Logistics Private Limited reported revenue of βΉ1 Lakh.
Company details
YSG was established in 2015 in Kolkata, India, as a provider of driver-related services. Operations focus on the mobility sector, where a B2B platform delivers on-demand drivers to businesses. Additionally, the Deesha platform supports micro-entrepreneurship by facilitating access to loans for drivers, including personal, vehicle, and education options. These services are tailored to the Indian market.
- Headquarters Kolkata, India
- Employees 8
- Founders Kanwar Vivek, Rajkumar Bamalwa
- Stage Minicorn
- Website ysg.co.in
- Social LinkedIn
- Legal Name Ysg Cabs And Logistics Private Limited
- Date of Incorporation 26 Aug, 2009
- Jurisdiction Delhi, India
- Annual Revenue₹1 Lakh
FY 2024 · -3% YoY
- Net Loss-₹3 Lakh
FY 2024 · -288% margin
- EBITDA-₹3 Lakh
FY 2024 · -288% margin
- Total Equity Funding$6.3M (USD)
in 4 rounds
- Latest Funding Round$2.69M (USD), Angel Round
Jan 2018
- InvestorsSadhan
& 26 more
- Employee Count8
Associated legal entities of YSG
YSG operates through Ysg Cabs And Logistics 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 |
|---|---|---|---|---|---|---|---|
| Ysg Cabs And Logistics Private Limited CIN U63000DL2009PTC193587 | Active | 26 Aug 2009 | New Delhi, Delhi | ₹0.0 Cr | 8 | 2 | View details |
Funding Insights of YSG
YSG has successfully raised a total of $6.3M across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $2.69 million completed in January 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 $6.3M
- Total Rounds 4
- Last Round Angel Round β $2.69M
- First Round $207,959
(Dec 2015)
- Investors Count 27
All 4 funding rounds of YSG 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 |
|---|---|---|---|---|---|
| Jan 2018 | $2.69M | Angel Round | $15.43M | Ashish Dhawan | |
| Mar 2017 | $1.66M | Seed | $12.2M | SilverSands | |
| Jun 2016 | $1.74M | Seed | $β’β’β’β’β’ | Rajesh Kumar Agarwal | |
| Dec 2015 | $207,959 | Seed | β | β |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2018 | $15.43M | β’β’β’β’β’β’β’β’ |
| Mar 2017 | $12.2M | β’β’β’β’β’β’β’β’ |
| Jun 2016 | $β’β’β’β’β’ | β’β’β’β’β’β’β’β’ |
Full valuation and stage history of YSG
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $15.43M (Jan 2018). 27 investors in total: 3 institutional and 24 angel.
Investors in YSG
YSG has secured backing from 27 investors, including angel and institutional investors. Prominent investors backing the company include Sadhan, Sumit Jalan and Vijay Kumar Dhanuka.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provides application development and digital marketing services to enhance business strategies. | 2011 | silversands.com.ng | Ikeja, Nigeria | |
Tech-enabled freight forwarding and logistics services are provided. | 2015 | sadhan.co.in | North 24 Parganas, India | |
Delivers comprehensive web design, software development, and IT solutions to businesses. | 1997 | everestconsulting.net | Edison, United States | |
SJ Sumit Jalan | unknown_d56dd871174147228 | |||
VK Vijay Kumar Dhanuka | unknown_b0e3b9462ef6495cb | |||
PR Pravin Ratilal Gandhi | unknown_1fbc913dc12046c99 | |||
RL Ruchir Lahoty | unknown_7c6a8e5889d243b18 | |||
TS Tarun Sharma | Angel investor, tech entrepreneur, and advisor in Indian startup ecosystem | unknown_118e65875b9645388 | ||
AD Ashish Dhawan | Indian angel investor, philanthropist, and founder of Central Square Foundation. | unknown_8ec504d105604b93a | ||
UH Utpal Hemendra Sheth | unknown_11fdfe05fb114c219 |
Investor details for YSG
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 Ysg Cabs And Logistics Private Limited (YSG)
Ysg Cabs And Logistics Private Limited is the primary company behind YSG. The board of Ysg Cabs And Logistics Private Limited currently have 2 directors; the longest-serving is Durgesh Kumar Choudhary, appointed in 2022. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Durgesh Kumar Choudhary DIN 09816389 | Director | 08 Dec 2022 | 3 yrs 11 mo | Ysg Cabs And Logistics Private Limited |
| Dipankar Halder DIN 09825634 | Director | 15 Dec 2022 | 3 yrs 10 mo | Ysg Cabs And Logistics Private Limited |
People of YSG
2 people are tracked at YSG (2 in leadership); the tracked headcount is 8.
| Name | Role | Group |
|---|---|---|
Kanwar Vivek | Co-Founder | Leadership |
Rajkumar Bamalwa | Co-Founder | Leadership |
Complete people profiles for YSG
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 YSG
Figures of Ysg Cabs And Logistics Private Limited, the primary company behind YSG, for FY 2024. Revenue was ₹1 Lakh (-3% year on year). Net loss was -₹3 Lakh (-288% margin). EBITDA was -₹3 Lakh (-288% margin). Revenue has grown at a compounded annual rate of -71% over three years and -80% over five years.
- ₹1 LakhRevenue · FY 2024 · -3% YoY
- -₹3 LakhNet loss · -288% margin
- -₹3 LakhEBITDA · -288% margin
- ₹2.88 CrPaid-up capital
- 8Employees (provident fund records)
- -71%Revenue CAGR, 3 years
- -80%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ysg Cabs And Logistics Private Limited are on its company page.
Detailed financial statements for YSG
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 YSG
4 dated milestones of YSG across 3 years, from founding to its latest funding, stage changes and deals.
- Founded YSG is founded.
- Funding First funding round of $208K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $2.7M.
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Frequently Asked Questions about YSG
YSG was founded in 2015.
YSG is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
YSG is a funded company, having raised a total of $6.3M across 4 funding rounds to date. The company's 1st funding round was a Seed of $207.96K, raised on Dec 2015.
The primary company behind YSG, Ysg Cabs And Logistics Private Limited, reported revenue of βΉ1 Lakh for FY 2024, down 3% year on year.
YSG was established in 2015 in Kolkata, India, as a provider of driver-related services. Operations focus on the mobility sector, where a B2B platform delivers on-demand drivers to businesses. Additionally, the Deesha platform supports micro-entrepreneurship by facilitating access to loans for drivers, including personal, vehicle, and education options. These services are tailored to the Indian market.
YSG has 27 investors. Key investors include Sadhan, Sumit Jalan, Vijay Kumar Dhanuka, Pravin Ratilal Gandhi, and Ruchir Lahoty.
The valuation of YSG is $15.43M as of Jan 2018.
YSG operates through Ysg Cabs And Logistics Private Limited.
The legal entities of YSG currently have 2 directors, including Durgesh Kumar Choudhary, Dipankar Halder.
