Radar Ventures Private Limited

Radar Ventures Private Limited - transport and logistics in Chennai, Tamil Nadu, India. FY 2026 financials and compliance.
CIN U63030TN2020PTC133596 Incorporated 03 January 2020 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company transport and logistics
Data last updated
Revenue · FY 2024
₹848.83 Cr
▼ 33.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹10.05 Cr
Registered with MCA
Paid-up capital
₹12.7 Lakh
Issued & subscribed
Open charges
₹480.33 Cr
Satisfied ₹13 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
390
Latest available

About Radar Ventures Private Limited

Data last updated: 03 June 2026

Radar Ventures Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It specialises in 3pl (third party logistics) services, a part of the broader transport and logistics sector. Incorporated on 03 January 2020, the company has been in operation for over 6 years.

Registered with ROC Chennai under CIN U63030TN2020PTC133596.

Capital: an authorised share capital of ₹10.05 Cr and a paid-up capital of ₹12.7 Lakh. Formerly known as Wiz Logtec Solutions Private Limited. It is led by directors Ramkumar Govindarajan and Ramkumar Ramachandran.

Last AGM: 31 December 2024. Financial statements filed for year ended 31 March 2024. Office: Chennai, Tamil Nadu.

As per the financials filed for FY 2024, the company reported a revenue of ₹848.83 Cr, a decline of 33% compared to the previous year.

The company has a workforce of approximately 390 employees as per the latest available data. Its group structure includes 10 subsidiaries.

The company is associated with 3 brands - Magikcargo, Elyxr Ai, Wiz. As per MCA filings, the company has open charges of ₹480.33 Cr and satisfied charges of ₹13 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wizfreight.com.

Company Details of Radar Ventures Private Limited
CIN U63030TN2020PTC133596
Registration Number 133596
Incorporation Date 03 January 2020
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    No.56/57, Rajaji Salai, Chennai, Tamil Nadu, India – 600001
  • Industry
    Transport and Logistics, 3PL (Third Party Logistics) Services
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Financials, compliance, directors, charges, ownership and filings for Radar Ventures Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Radar Ventures Private Limited

Radar Ventures Private Limited operates multiple associated brands including Magikcargo, Elyxr AI, and Wiz. These brands represent Radar Ventures Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Provides AI tools for freight management, tracking, and supply chain automation. elyxr.ai
AI-enabled freight forwarding solutions are provided for global shipping. wizfreight.com
Provides logistics services including LCL consolidation, FCL, airfreight, and warehousing solutions. magikcargo.com

Competitors & Alternatives of Radar Ventures Private Limited

Brands and companies operating in the same space as Radar Ventures Private Limited include Wiz, Blue Yonder, Forto and 7 more.

Competitor Description Location Founded
Wiz Wiz Cloud security posture and application protection are managed across environments. New York, United States, United States 2020
Blue Yonder Blue Yonder AI and cloud-based supply chain management solutions are provided. Scottsdale, United States, United States 1985
Forto Forto Tech-enabled freight forwarding services for multi-modal cargo transport are provided. Berlin, Germany, Germany 2016
Flexport Flexport End-to-end supply chain logistics platform and services are provided. San Francisco, United States, United States 2013
sennder sennder Tech-enabled platform matches shippers and carriers for trucking loads. Berlin, Germany, Germany 2015
Descartes Descartes Cloud-based solutions for transportation and supply chain management are offered. Waterloo, United States, United States 1981
GT Nexus GT Nexus Supply chain analytics and management solutions are provided globally. Oakland, United States, United States 1998
Amber Road Amber Road Cloud-based global trade management solutions are provided to enterprises. East Rutherford, United States, United States 1990
Airspace Airspace Web-based cargo management solutions are offered for air logistics. Carlsbad, United States, United States 2016
Computer Associates Computer Associates Microsoft windows based ERP software vendor Providence, United States, United States 1978

Business Activity of Radar Ventures Private Limited

Radar Ventures Private Limited is engaged in the principal business activity of transport and storage, with detailed activities including services incidental to land, water & air transportation.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
H Transport and storage H5 Services incidental to land, water & air transportation Locked
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Auditor Details of Radar Ventures Private Limited

Radar Ventures Private Limited is audited by Guru & Ram LLP for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Guru & Ram LLP Locked Locked Locked
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Board of Directors of Radar Ventures Private Limited

Radar Ventures Private Limited is currently managed by 2 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Ramkumar Govindarajan Director 03 Jan 2020 6 Years 7 Months Current
Ramkumar Ramachandran Director 03 Jan 2020 6 Years 7 Months Current

Financials of Radar Ventures Private Limited FY 2024 filings available

Radar Ventures Private Limited reported revenue of ₹848.83 Cr (down 33.00% YoY) for FY 2024.

Revenue · FY 2024
₹848.83 Cr ▼ 33.00%
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Ten-year financial statements for Radar Ventures Private Limited

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Ownership and Shareholding of Radar Ventures Private Limited

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Group Structure of Radar Ventures Private Limited

Radar Ventures Private Limited has 10 subsidiary companies. This group structure data is as of FY 2024. The corporate group structure reflects Radar Ventures Private Limited's business expansion strategy and organizational complexity.

10
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Wiz Logtec India Private Limited (Formerly, M+R Logistics (India) Private Limited) U61100TN2001PTC046793 Locked
Wiz Tracks Private Limited U63030TN2020PTC136455 Locked
Unikon Shipping Line Private Limited U63030TN2022PTC151819 Locked
Wiz Bulk India Private Limited U63030TN2022PTC151908 Locked
Atz Shipping Trade And Transport Private Limited U63090MH2002PTC137909 Locked
Magik Cargo India Private Limited (Formerly Synergy Cargo Management Private Limited) U63090TN2004PTC052885 Locked

Showing major subsidiaries. Total: 10.

Charges & Borrowings of Radar Ventures Private Limited

Open charges
₹480.33 Cr
Satisfied charges
₹13 Cr
Breakdown by lending institutions
Others₹348.50 Cr
Hdfc Bank Limited₹127.84 Cr
The Hongkong and Shanghai Banking Corporation Limited₹4.00 Cr
Latest charge details
DateLenderAmountStatus
15 Apr 2025 Hdfc Bank Limited ₹95 Cr Open
11 Mar 2025 The Hongkong and Shanghai Banking Corporation Limited ₹4 Cr Open
19 Feb 2025 Others ₹7.5 Cr Open
18 Jul 2024 Others ₹2.5 Cr Open
28 Mar 2024 Others ₹10 Cr Open

Total charge records: 21 View all charges

Employees and EPFO Compliance at Radar Ventures Private Limited

Radar Ventures Private Limited has a workforce of 390 employees as of Oct 11, 2025.

Employee count
390
Active EPFO establishments
1
Employee growth
-33.9%
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GST Compliance of Radar Ventures Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Radar Ventures Private Limited

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MSME Payment Delays by Radar Ventures Private Limited

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MSME payment history for Radar Ventures Private Limited

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Subsidiaries & Group Companies of Radar Ventures Private Limited

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Corporate group structure for Radar Ventures Private Limited

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MCA Filings & Documents of Radar Ventures Private Limited

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MCA filings and documents for Radar Ventures Private Limited

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Recent Activity on Radar Ventures Private Limited

Charges
15 Apr 2025
A charge with Hdfc Bank Limited amounted to Rs. 95.00 Cr with Charge ID 101083303 was registered on 15 Apr 2025.
Charges
11 Mar 2025
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 4.00 Cr with Charge ID 101075862 was registered on 11 Mar 2025.
Charges
20 Feb 2025
A charge registered on 29 Jan 2024 via Charge ID 100913557 with Others was fully satisfied on 20 Feb 2025.
Charges
19 Feb 2025
A charge with Others amounted to Rs. 7.50 Cr with Charge ID 101103184 was registered on 19 Feb 2025.
Activity
31 Dec 2024
Radar Ventures Private Limited last Annual general meeting of members was held on 31 Dec 2024 as per latest MCA records.
Charges
31 Jul 2024
A charge with Hdfc Bank Limited of Rs. 30.00 Cr registered on 23 May 2022 with Charge ID 100583638 was modified on 31 Jul 2024.

Frequently Asked Questions about Radar Ventures Private Limited

Radar Ventures Private Limited is an active private limited company in the transport and logistics sector based in Chennai, Tamil Nadu, India. It was incorporated on 03 January 2020 (6+ years old) and is registered under CIN U63030TN2020PTC133596. The company has 390 employees.

Radar Ventures Private Limited reported revenue of ₹848.83 Cr for FY 2024 (down 33.00% YoY).

The current directors of Radar Ventures Private Limited are:

The primary industry of Radar Ventures Private Limited is transport and logistics. The company specifically operates in 3pl (third party logistics) services. The company is currently active in this sector.

Yes, Radar Ventures Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Radar Ventures Private Limited can be reached at the registered office: No.5657, Rajaji Salai, Chennai, Tamil Nadu, India – 600001, or through the website wizfreight.com.

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