India's Most Valuable Companies 2022 edition · Source: Hurun India
Rank#365- Valuation
- ₹8,700 Cr
2021 #391
Revenue · FY 2025
₹3.74 Cr
▼ 45% YoY
Net loss · FY 2025
₹7.13 Cr
Net margin -190.5%
EBITDA · FY 2025
-₹7.12 Cr
EBITDA margin -190.2%
Authorised capital
₹45 Lakh
Registered with MCA
Paid-up capital
₹1.09 Lakh
Issued & subscribed
Satisfied charges
₹1,022.99 Cr
No open charges
Company age
12 yrs
Est. 2014
Employees · EPFO
963
Provident fund records
About Rivigo Services Private Limited
Data last updated:
Rivigo Services Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 11 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999HR2014PTC053030. Its GSTIN is 06AAFCT0838F2ZH (Haryana). The company holds 28 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹1.09 Lakh. It was formerly known as Trucksfirst Services Private Limited. It is led by directors including Deepak Garg (Managing Director) and Priya Dhawan.
Its last annual general meeting (AGM) was held on 21 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No 1401 14th Floor Tower B Unitech World Cyber Park, Gurgaon, Haryana.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.74 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹7.13 Cr (net margin -190.5%) and EBITDA of -₹7.12 Cr (EBITDA margin -190.2%). Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 68% over five years.
The company has about 963 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Rivigo. As per MCA filings, the company has satisfied charges of ₹1,022.99 Cr on record. Court records list 394 cases involving the company, including 27 filed by the company and 367 filed against it; 52 cases are pending. The company has 22 deals on record (13 funding rounds, 7 secondary share transfers, 1 acquisition), with disclosed funding of ₹3,287.9 Cr; the latest was in September 2022. Its 3 peer companies in the Transport and Logistics industry (Cold Storage and Warehousing, Road Carriers and Trucking), with the same principal business activity (land transport via road) are compared by revenue, 1 larger and 2 smaller; the largest is Dilip Carriers Private Limited with revenue of ₹3.75 Cr. The company has 15 MSME Form 1 returns on record between 2019 and 2022, listing 1,500 overdue payments to 112 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rivigo.com.
Company details
CIN U74999HR2014PTC053030
Registration Number 053030
Incorporation Date 11 August 2014
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 21 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Recognitions & Rankings of Rivigo Services
Contact details
Rivigo Services Private Limited's registered office is in Gurgaon, Haryana. Its website is rivigo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No 1401 14th Floor Tower B Unitech World Cyber Park, Village Jharsa, Gurgaon, Haryana, India – 122001
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Rivigo Services Private Limited, buy the company report.
Comprehensive company report
Rivigo Services Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Rivigo Services operates one associated brand: Rivigo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform offering B2B logistics and trucking services | rivigo.com |
Business activity
The main business activity of Rivigo Services is transport and storage. In detail, this covers land transport via road.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H1 | Land Transport via Road |
To see the full business activity and turnover split of Rivigo Services Private Limited, buy the company report.
Financials of Rivigo Services Private Limited
FY 2024 filings availableRivigo Services Private Limited reported revenue of ₹3.74 Cr (down 45% YoY) for FY 2025.
Revenue · FY 2025
₹3.74 Cr ▼ 45%
Net loss · FY 2025
₹7.13 Cr margin -190.5%
EBITDA · FY 2025
-₹7.12 Cr margin -190.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 45%
3 years · compounded
▼ 77%
5 years · compounded
▼ 68%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▼ 27%
Revenue has declined at a compounded annual rate (CAGR) of 68% over five years, including a 45% fall in the latest year. EBITDA rose 25% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.13 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -190.2% | ||||
| Net Profit Margin | -190.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Rivigo Services Private Limited, buy the company report.
Board of directors of Rivigo Services Private Limited
Rivigo Services has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priya Dhawan Also directs: PDG Commercial LLP, Mihskills International Platform Private Limited, Anywherejobs Private Limited and 1 more | Director | 25 Jul 2024 | 2 Years 3 Months | Current |
| Deepak Garg Also directs: PDG Commercial LLP, Mihskills International Platform Private Limited, Anywherejobs Private Limited and 1 more | Managing Director | 11 Aug 2014 | 12 Years 2 Months | Current |
| Ankur Bansal | Additional Director | 13 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
Rivigo Services Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Cold Storage and Warehousing, Road Carriers and Trucking), with the same principal business activity (land transport via road), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dilip Carriers Private Limited | ₹3.75 Cr (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Rivigo Services Private Limitedthis company | ₹3.74 Cr (FY 2025) | -₹7.13 Cr | -190.5% | -45.0% | 963 | Gurgaon, Haryana, India |
| R K Road Carrier Private Limited | ₹3.73 Cr (FY 2024) | -3.0% | Raipur, Chhattisgarh, India | |||
| Avighna Manpower & Logistics Private Limited | ₹3.73 Cr (FY 2019) | -13.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Rivigo Services Private Limited, buy the company report.
Auditor
Rivigo Services Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Rivigo Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rivigo Services Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1,022.99 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Apr 2022 | 100557769 | Others | ₹4.5 Cr | Satisfied | |
| 31 Mar 2021 | 100431300 | Others | ₹9 Cr | Satisfied | |
| 26 Mar 2021 | 100461449 | Yes Bank Limited | ₹17.89 Cr | Satisfied | |
| 08 Feb 2021 | 100448334 | Others | ₹1.59 Cr | Satisfied | |
| 25 Jan 2020 | 100324784 | Others | ₹5.88 Cr | Satisfied |
To see the full charge records of Rivigo Services Private Limited, buy the company report.
Total charge records: 118 View all charges
Deals & funding
Rivigo Services Private Limited has 22 deals on record (13 funding rounds, 7 secondary share transfers, 1 acquisition), with disclosed funding of ₹3,287.9 Cr; the latest was in September 2022.
Total deals
22
Funding rounds
13
Secondary share transfers
7
Acquisition
1
Convertible or debt financing
1
Disclosed funding
₹3,287.9 Cr
Deals on record (5 of 22)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Acquisition | ₹225 Cr | Buyer: Mahindra Logistics Limited Seller: Rivigo Services Private Limited |
| Aug 2022 | Funding round · Series H | ₹16 Cr | Investors: Warburg Pincus, Elevation Capital (SAIF Partners) |
| Dec 2019 | Funding round · Series F | ₹141.98 Cr | Investors: Warburg Pincus, Elevation Capital (SAIF Partners) |
| Feb 2019 | Funding round · Series E | ₹457.5 Cr | Investors: Warburg Pincus, Elevation Capital (SAIF Partners) |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: Warburg Pincus, an individual Seller: ESOP Trust Rivigo Services Private Limited |
To see the full deal history of Rivigo Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rivigo Services Private Limited has 394 court cases on record: 27 filed by Rivigo Services, 367 filed against it. 52 cases are pending and 342 are disposed.
Total cases
394
Filed by the company
27
Filed against the company
367
Pending
52
Disposed
342
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 374 | 352 | 45 |
| High courts | 20 | 15 | 7 |
Cases on record (5 of 394)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against Rapidera Technologies Pvt.Ltd. | Pending |
| High Court, KARNATAKA | Arbitration matter | Filed against the company by M/S Catbus Infolabs Private Limited | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed by the company against Century Global Logistics Pvt Ltd | Disposed |
| District court, Gurugram, Haryana | Civil suit | Filed by the company against Indo Rama Synthetics India Ltd | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against Mediblue Healthcare Pvt Ltd and 2 others | Disposed |
To see the full case history of Rivigo Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Rivigo Services Private Limited has 15 MSME Form 1 returns on record between 2019 and 2022, listing 1,500 overdue payments to 112 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 112)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| VS Associates | |||
| Camions Logistics Solutions Private Limited | |||
| New City Carrier Private Limited | |||
| Onmove Logistics Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Rivigo Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Rivigo Services has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Rivigo Freight Private Limited | U60221HR2016PTC065401 |
To see the full group structure of Rivigo Services Private Limited, buy the company report.
Employees & EPFO
Rivigo Services Private Limited has a workforce of 963 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
963
Active EPFO establishments
1
Employee growth
-52.23%
GST
Rivigo Services has 28 GST registrations: 1 active and 27 cancelled or inactive.
Total GSTINs
28
Active
1
Cancelled / inactive
27
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAFCT0838F2ZH | Haryana | Active | 22 Dec 2017 |
To see the full GST registrations and return filing status of Rivigo Services Private Limited, buy the company report.
Recent activity
Rivigo Services Private Limited has 19 board changes on record since 2014: 3 appointments and 16 cessations. The latest: Ankur Bansal was appointed as Additional Director on 13 Oct 2025.
Appointed
Ankur Bansal was appointed as Additional Director.
AGM
Rivigo Services Private Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.
Appointed
Priya Dhawan was appointed as Director.
Ceased
Priya Dhawan ceased to be Additional Director.
Filing
Rivigo Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge registered on 26 Jul 2018 via Charge ID 100216595 with Others was fully satisfied on 24 Apr 2023.
Charges
A charge registered on 12 Dec 2019 via Charge ID 100316580 with Others was fully satisfied on 17 Apr 2023.
Charges
A charge registered on 09 Sep 2019 via Charge ID 100307268 with Others was fully satisfied on 17 Apr 2023.
Charges
A charge registered on 31 Aug 2019 via Charge ID 100300672 with Others was fully satisfied on 17 Apr 2023.
Charges
A charge registered on 22 Feb 2018 via Charge ID 100188298 with Others was fully satisfied on 05 Apr 2023.
Charges
A charge registered on 29 Jul 2017 via Charge ID 100129934 with Others was fully satisfied on 05 Apr 2023.
Charges
A charge registered on 30 Oct 2016 via Charge ID 100082679 with Others was fully satisfied on 05 Apr 2023.
252 earlier events are in the company report.
News
Frequently asked questions
Rivigo Services is an active private limited company based in Gurgaon, Haryana, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 11 August 2014 (12+ years old) and is registered under CIN U74999HR2014PTC053030.
Rivigo Services has 3 current directors:
- Deepak Garg - Managing Director
- Priya Dhawan - Director
- Ankur Bansal - Additional Director
The latest financial statements of Rivigo Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 21 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Rivigo Services is 06AAFCT0838F2ZH, registered in Haryana. The company has 28 GST registrations in all, of which 1 is active and 27 are cancelled or inactive.
The CIN (Corporate Identification Number) of Rivigo Services is U74999HR2014PTC053030. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rivigo Services has 394 court cases on record: 27 filed by the company and 367 filed against it. 52 are pending. Most are in the district courts.
Rivigo Services was incorporated on 11 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.
Rivigo Services has 22 deals on record (13 funding rounds, 7 secondary share transfers, 1 acquisition), with disclosed funding of ₹3,287.9 Cr; the latest was in September 2022.
The peers of Rivigo Services by revenue are Dilip Carriers Private Limited, R K Road Carrier Private Limited, Avighna Manpower & Logistics Private Limited, all in the Transport and Logistics industry (Cold Storage and Warehousing, Road Carriers and Trucking), with the same principal business activity (land transport via road).
Ankur Bansal was appointed as Additional Director on 13 Oct 2025. Priya Dhawan was appointed as Director on 25 Jul 2024. Priya Dhawan ceased to be Additional Director on 25 Jul 2024. Rivigo Services has 19 board changes on record in total.
Rivigo Services has 15 MSME Form 1 returns on record between 2019 and 2022, listing 1,500 overdue payments to 112 micro and small suppliers. The latest return was filed on 11 Sep 2023.
Rivigo Services can be reached through the website rivigo.com. Its registered office is in Gurgaon, Haryana, India.