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Top 10 Indian Logistics Tech Startups in October 2024: Key Insights for Seizing Future Opportunities

India's Logistics Tech Sector Boasts 3,370 Companies, Including Notables Like Shiprocket, Swiggy, and Delhivery

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Top 10 Indian Logistics Tech Startups in October 2024: Key Insights for Seizing Future Opportunities
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India's Logistics Tech Sector Boasts 3,370 Companies, Including Notables Like Shiprocket, Swiggy, and Delhivery

Logistics Technology Startups in India
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Last Updated: October 9, 2024

India boasts 3,373 logistics technology startups, including Shiprocket, Swiggy, Delhivery, Shadowfax, and Zypp Electric.

Below is a list of the top ten logistics tech startups in India:

1. Shiprocket

A platform offering e-commerce logistics and shipping software solutions. The platform uses a machine learning-driven data engine to generate shipping labels, track orders from a single dashboard, and recommend courier services for businesses. Its features include order management, freight calculators, and order tracking. It enables customers to manage orders across multiple markets via order uploads and track shipments and orders using waybill numbers, order IDs, or phone numbers.

### Key Facts About Shiprocket

* **Year Founded:** 2012
* **Headquarters:** Gurgaon (India)
* **Funding Stage:** Series E
* **Funding Raised:** $323 million
* **Investors:** Temasek, Recruit Strategic Partners, and 59 others
* **Tracxn Score:** 82/100
* **Rank Among Competitors:** #1 out of 227

2. Swiggy

An app-based platform providing food, grocery, and parcel delivery services. The platform allows users to discover restaurants for dine-in or order meals online. It also enables the ordering of groceries such as fruits, vegetables, beverages, meat, seafood, and offers document and pharmaceutical deliveries. The mobile application is available on both Android and iOS platforms.

### Key Facts About Swiggy

* **Year Founded:** 2014
* **Headquarters:** Bangalore (India)
* **Funding Stage:** Series K
* **Funding Raised:** Billions of dollars
* **Investors:** Goldman Sachs, Bessemer Venture Partners, and 66 others
* **Tracxn Score:** 81/100
* **Rank Among Competitors:** #2 out of 1,034

3. Delhivery

Provides logistics management solutions for e-commerce companies. Its offerings include last-mile delivery services, third-party and transit warehousing, reverse logistics, payment collection, transportation from suppliers to warehouses and customers.

### Key Facts About Delhivery

* **Year Founded:** 2011
* **Headquarters:** Gurgaon (India)
* **Funding Stage:** Publicly Traded
* **Funding Raised:** $1.35 billion
* **Investors:** The Carlyle Group, CPP Investments, and 38 others
* **Tracxn Score:** 80/100
* **Rank Among Competitors:** #1 out of 78

4. Shadowfax

An on-demand same-city delivery solution for e-commerce businesses. It allows users to book instant, scheduled, and next-day deliveries as well as end-to-end transfer services for food, groceries, e-commerce products, and apparel. Offers cross-city parcel delivery with real-time tracking capabilities.

### Key Facts About Shadowfax

* **Year Founded:** 2015
* **Headquarters:** Bangalore (India)
* **Funding Stage:** Series E
* **Funding Raised:** $231 million
* **Investors:** TPG, IFC, and 23 others
* **Tracxn Score:** 80/100
* **Rank Among Competitors:** #1 out of 14

5. Zypp Electric

An online rental platform providing electric two-wheelers. Users can locate electric scooters through an app and unlock them via QR code scanning. The application is available for Android devices.

### Key Facts About Zypp Electric

* **Year Founded:** 2017
* **Headquarters:** Gurgaon (India)
* **Funding Stage:** Series C
* **Funding Raised:** $76.5 million
* **Investors:** Wells Fargo, Anicut Capital, and 146 others
* **Tracxn Score:** 74/100
* **Rank Among Competitors:** #1 out of 39

6. Porter

An app-based platform offering on-demand truck booking and moving services. It provides city-to-city and cross-city transportation using two-wheelers and trucks. Users can deliver goods by providing pick-up and drop-off addresses through the mobile application, which allows selection of delivery vehicle type and tracking of shipments. The app is available in Apple Store and Google Play Store.

### Key Facts About Porter

* **Year Founded:** 2014
* **Headquarters:** Bangalore (India)
* **Funding Stage:** Series E
* **Funding Raised:** $150 million
* **Investors:** Sequoia Capital, Lightstone Ventures, and 61 others
* **Tracxn Score:** 74/100
* **Rank Among Competitors:** #1 out of 57

7. XpressBees

Provides tech-driven logistics and supply chain solutions. Offers shipment tracking, delivery services, cross-border logistics and transactions, imports and exports, warehousing, and integration with online marketplaces for order fulfillment, inventory management, returns, and more. Collaborates with industries including automotive, food & grocery, healthcare, among others. Also provides comprehensive supply chain solutions such as last-mile delivery, reverse logistics, and payment collection.

### Key Facts About XpressBees

* **Year Founded:** 2015
* **Headquarters:** Pune (India)
* **Funding Stage:** Series G
* **Funding Raised:** $356 million
* **Investors:** TPG, New Enterprise Associates, and 29 others
* **Tracxn Score:** 74/100
* **Rank Among Competitors:** #3 out of 78

8. BlackBuck

An AI-powered freight marketplace offering truck booking and transportation services. Provides an online platform for fleet operators to post shipment information and find carriers. Features include online payments, transaction history, loading/unloading details, order status checks, and dispute resolution.

### Key Facts About BlackBuck

* **Year Founded:** 2015
* **Headquarters:** Bangalore (India)
* **Funding Stage:** Series E
* **Funding Raised:** $359 million
* **Investors:** Goldman Sachs, Wellington, and 33 others
* **Tracxn Score:** 72/100
* **Rank Among Competitors:** #1 out of 294

9. LocoNav

A SaaS-based fleet management solution for fleet operators. The platform uses proprietary technology to offer tracking, measurement, and optimization solutions for fleets. Provides a platform for tracking, monitoring, and managing vehicles, assets, fuel, expenses, etc.

### Key Facts About LocoNav

* **Year Founded:** 2016
* **Headquarters:** Gurgaon (India)
* **Funding Stage:** Series B
* **Funding Raised:** $47 million
* **Investors:** Peak XV Partners, Uncorrelated Ventures, and 30 others
* **Tracxn Score:** 72/100
* **Rank Among Competitors:** #3 out of 1,676

10. Unicommerce

Provides cloud-based e-commerce fulfillment solutions. The company offers procurement, multi-vendor management, inventory, multichannel solutions, reporting, warehousing, drop shipping, and return management services. Also provides direct-to-consumer sales for brands. Offers subscription-based solutions.

### Key Facts About Unicommerce

* **Year Founded:** 2012
* **Headquarters:** Delhi (India)
* **Funding Stage:** Publicly Traded
* **Funding Raised:** $11.1 million
* **Investors:** Tiger Global Management, Nexus Venture Partners, and 9 others
* **Tracxn Score:** 70/100
* **Rank Among Competitors:** #10 out of 3,531

View all logistics technology companies in India.

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