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BluWheelz - About the company

BluWheelz is a seed company based in Delhi (India), founded in 2022 by Sanjiv Gupta. It operates as a Provider of electric vehicle fleet management and logistics support services. BluWheelz has raised $3.21M in funding from Faad Capital and Venture Catalysts, with a current valuation of $*****. The company has 352 active competitors, including 79 funded and 21 that have exited. Its top competitors include companies like Veho, Ninja Van and Workhorse Group.

Company Details

Provider of electric vehicle fleet management and logistics support services. Operations include the deployment of electric transport fleets for last-mile delivery requirements. Services encompass the conversion of existing internal combustion engine vehicles into electric models through retrofitting kits. The business model focuses on facilitating the transition to sustainable transportation by managing electric vehicle assets and providing necessary infrastructure for fleet electrification.
Social
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Email ID
*****@bluwheelz.co.in
Phone Number
+91 **********
Registered Address
1/56-D LALITA PARK LAXMI NAGAR, New Delhi, New Delhi, New Delhi, Delhi, India, 110092
Key Metrics
Founded Year
2022
Location
Delhi, India
Stage
Seed
Total Funding
$3.21M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on May 15, 2026
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
87 as on Jun 30, 2026
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BluWheelz's funding and investors

BluWheelz has raised a total funding of $3.21M over 6 rounds. Its first funding round was on May 04, 2023. BluWheelz has 14 institutional investors and 29 angel investors.

Here is the list of recent funding rounds of BluWheelz:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 15, 2026
2044760
Angel
1755798
7881963
2331196
1808767
Oct 13, 2025
1694600
Angel
6485945
9836760
1056988
Apr 09, 2025
3616530
Seed
2287313
5369233
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BluWheelz's founders and board of directors

Founder? Claim Profile
The founders of BluWheelz is Sanjiv Gupta.
Here are the details of BluWheelz's key team members:

BluWheelz's Board of Directors

BluWheelz's board has 3 active members. Sanjiv Gupta is part of team and Aditya Sharma and Umesh Kumar are independent board members.
Here is the list of BluWheelz's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
3y 1m
Independent board member
-
Current
1y 5m
syqzlio
Independent board member
-
Past
8y 9m

BluWheelz's employee count trend

BluWheelz has 87 employees as of Jun 26. Here is BluWheelz's employee count trend over the years:
Employee count trend for BluWheelz
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BluWheelz's Competitors and alternates

Top competitors of BluWheelz include Veho, Ninja Van and Workhorse Group. Here is the list of Top 10 competitors of BluWheelz, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Veho
Veho
2016, Boulder (United States), Series B
AI-enable last-mile delivery services for e-commerce companies
$300M
72/100
2nd
Logo for Ninja Van
Ninja Van
2014, Singapore (Singapore), Series E
App-based platform providing last-mile B2C delivery services
$1.1B
67/100
3rd
Logo for Workhorse Group
Workhorse Group
2007, Cincinnati (United States), Public
Manufacturer of electric vehicles and related components for transportation solutions
$35.8M
64/100
4th
Logo for SiCepat
SiCepat
2014, Jakarta (Indonesia), Series B
Provider of standard and custom delivery and logistics solutions
$324M
63/100
5th
Logo for Paack
Paack
2015, Barcelona (Spain), Series D
Provider of last-mile e-commerce delivery solutions
$383M
62/100
6th
Logo for deliver better
deliver better
2016, Ottawa (Canada), Series A
Platform offering last-mile delivery services through electric vehicle fleet
$23.5M
62/100
7th
Logo for Trexity
Trexity
2018, Ottawa (Canada), Seed
Provider of on-demand delivery services for businesses and individual customers
$7.69M
61/100
8th
Logo for Standard Fleet
Standard Fleet
2021, Walnut (United States), Series A
SaaS-driven provider of EV fleet management solutions
$20M
60/100
9th
Logo for 3eco
3eco
2020, Bengaluru (India), Series A
A company specializing in hyper-local connectivity solutions for enterprise customers to ensure last-mile fulfillment
$17.3M
59/100
10th
Logo for Fetchr
Fetchr
2012, Dubai (United Arab Emirates), Deadpooled
App-based platform for booking delivery services
$77M
59/100
26th
Logo for BluWheelz
BluWheelz
2022, Delhi (India), Seed
Provider of electric vehicle fleet management and logistics support services
$3.21M
49/100
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BluWheelz's Latest cap tables and shareholding

Founders (largest shareholder) own 51.40%, Funds own 10.11%, Enterprises own 0.86% and Angels own 9.54%. The net worth of BluWheelz's founders is INR 111Cr as of May 15, 2026.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
51.40%
111Cr
5096592
9950361
9569443
5897105
5954265
3518465
4901574
4977897
6734555
3627409
Fund
10.11%
21.9Cr
8774896
2428497
4878329
1136030
569
602
418
394
702
272
0
0
0
0
0
0
Enterprise
0.86%
1.86Cr
0
0
0
0
Angel
9.54%
20.7Cr
5789793
2933553
5311008
1964659
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other People
23.82%
51.6Cr
4724165
7623530
4706451
3430843
ESOP Pool
4.28%
9.27Cr
5885
7013
5535
9108
Total
100.00%
217Cr
9468491
6622673
3793048
9868509
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of BluWheelz's Shareholding

BluWheelz's Investments and acquisitions

BluWheelz has made no investments or acquisitions yet.

Reports related to BluWheelz

Here is the latest report on BluWheelz's sector:

News related to BluWheelz

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•
BluWheelz to 'Green Up' logistics sectorAutocar Professional•Apr 23, 2024•BluWheelz
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