When was BluWheelz founded?

BluWheelz was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Where is BluWheelz located?

BluWheelz is headquartered in Delhi, India. It is registered at 1/56-D LALITA PARK LAXMI NAGAR, New Delhi, New Delhi, New Delhi, Delhi, India, 110092.

Who is the current CEO of BluWheelz?

Chanpreet Singh Sethi of BluWheelz. They have also founded 1 company.

Which legal entities is BluWheelz associated with?

BluWheelz is associated with BLUWHEELZ MOBILITY SERVICES PRIVATE LIMITED.

How many employees does BluWheelz have?

As of Sep 30, 2026, the latest employee count at BluWheelz is 92.

Is BluWheelz a funded company?

BluWheelz is a funded company, having raised a total of $3.21M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 04, 2023.

How much is BluWheelz worth?

The latest valuation of BluWheelz is $***** as of May 15, 2026.

When was the latest funding round of BluWheelz?

BluWheelz's latest funding was a $***** Angel round on May 15, 2026, with participation from 0 investor.

What is the annual revenue of BluWheelz?

Annual revenue of BluWheelz is between ₹10 Cr and ₹50 Cr as on Mar 31, 2026

Where does BluWheelz rank among its competitors?

BluWheelz ranks 30th amongst 378 active competitors, of which 80 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was BluWheelz, which secured $104K in May, 2026.

Who are the top competitors of BluWheelz?

BluWheelz's top competitors include Veho, Workhorse Group and SiCepat. Among them, BluWheelz secured the most recent funding round in May, 2026.

BluWheelz - 2026 Company Profile, Team, Funding, Competitors & Financials

BluWheelz is a seed company based in Delhi (India), founded in 2022 by Sanjiv Gupta and Chanpreet Singh Sethi. 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 378 active competitors, including 80 funded and 21 that have exited. Its top competitors include companies like Veho, Workhorse Group and SiCepat.

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.

Website: bluwheelz.co.in
Social
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

Angel, May 15, 2026, $*****

Post Money Valuation

$***** as on May 15, 2026

Investors

Faad Capital & 42 more

Ranked

30^th among 378 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2026

Employee Count

92 as on Sep 30, 2026

Similar Companies

Workhorse Group & 115 more

View BluWheelz's full profile

BluWheelz is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
BLUWHEELZ MOBILITY SERVICES PRIVATE LIMITED CIN: U63030DL2022PTC401109 , India, Active	Jul 01, 2022	₹10 - ₹50 Cr (As on Mar 31, 2026)	57 (As on Dec 01, 2025)

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:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 15, 2026	6406694	Angel	6335367	3017864	3895349	6288949
Oct 13, 2025	4770704	Angel	6177356	6812337	8893217	Chenraj Roychand
Apr 09, 2025	7233527	Seed	2114948	1836299	Faad Capital	Parag P & 8 more

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View details of BluWheelz's funding rounds and investors

The founders of BluWheelz are Sanjiv Gupta and Chanpreet Singh Sethi.

Here are the details of BluWheelz's key team members:

Sanjiv Gupta: Co-Founder & Chairman of BluWheelz. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Chanpreet Singh Sethi: Co-Founder & Ceo of BluWheelz.

BluWheelz's Board of Directors

BluWheelz's board has 3 active members. Sanjiv Gupta is part of team and Aditya Sharma and Kumar Umesh Bhardwaj are independent board members.

Here is the list of BluWheelz's board of directors:

Name	Type	Representing	Status	Duration
Sanjiv Gupta	Team	-	Current	3y 3m
Aditya Sharma	Independent board member	-	Current	1y 7m
ubcldkx	Independent board member	-	Past	3y 7m

View details of BluWheelz's Founder profiles and Board Members

BluWheelz's employee count trend

BluWheelz has 92 employees as of Sep 26. Here is BluWheelz's employee count trend over the years:

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Top competitors of BluWheelz include Veho, Workhorse Group and SiCepat. 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	Veho 2016, Boulder (United States), Series B	AI-enable last-mile delivery services for e-commerce companies	$300M	SoftBank Vision Fund, Tiger Global Management ... & 15 others	73/100
2nd	Workhorse Group 2007, Cincinnati (United States), Public	Manufacturer of electric vehicles and related components for transportation solutions	$35.8M	ARK Investment Management, Marathon Asset Management ... & 4 others	68/100
3rd	SiCepat 2014, Jakarta (Indonesia), Series B	Provider of standard and custom delivery and logistics solutions	$224M	Kejora Capital, MDI Ventures & 9 others	65/100
4th	Paack 2015, Barcelona (Spain), Series D	Provider of last-mile e-commerce delivery solutions	$383M	InfraVia Capital Partners, SoftBank Vision Fund ... & 25 others	64/100
5th	Ninja Van 2014, Singapore (Singapore), Series E	App-based platform providing last-mile B2C delivery services	$1.1B	Monk's Hill Ventures, GeoPost & 35 others	64/100
6th	Trexity 2018, Ottawa (Canada), Seed	Provider of on-demand delivery services for businesses and individual customers	$7.69M	TELUS Ventures, Anges Quebec & 5 others	64/100
7th	deliver better 2016, Ottawa (Canada), Series A	Platform offering last-mile delivery services through electric vehicle fleet	$23.5M	Builders VC, CEMEX Ventures & 10 others	62/100
8th	Standard Fleet 2021, Walnut (United States), Series A	SaaS-driven provider of EV fleet management solutions	$20M	Canvas Ventures, Alex and Bart's Angel Fund ... & 25 others	61/100
9th	Gordon Delivery 2015, Stockholm (Sweden), Public	Crowdsourced end-to-end delivery services for businesses	$17.5M	eEquity, Wakaba & 2 others	59/100
10th	3eco 2020, Bengaluru (India), Series A	A company specializing in hyper-local connectivity solutions for enterprise customers to ensure last-mile fulfillment	$17.3M	Oca EV, Bhishma Realty Ltd. & 38 others	59/100
30th	BluWheelz 2022, Delhi (India), Seed	Provider of electric vehicle fleet management and logistics support services	$3.21M	Z Nation Lab, Steer Advisors & 41 others	49/100

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BLUWHEELZ MOBILITY SERVICES PRIVATE LIMITED, the legal entity associated with BluWheelz, generated between ₹10 Cr and ₹50 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of BLUWHEELZ MOBILITY SERVICES PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 71% in the last 1 year.

Financial Statement Summary

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23
Income Statement
Revenue	1057	6131	4856	2334
Total Sales	3106	1317	4765	4106
Total Expenses	1677	8040	9542	1583
Operating Expenses	7951	2858	8018	9795
Employee Expenses	4316	1519	5156	5793
Operating Income (EBIT)	4053	2444	5074	5883
Interest Expenses	5488	1132	7395	5731
Expenses from other activities	6447	5744	9200	4203
EBITDA	2632	8858	4584	7332
Taxes	6484	5800	7972	9134
Net Profit	8024	4909	3403	8762
Balance Sheet
Assets	4731	1041	3485	6398
Accounts Receivables	8635	4078	6163	1668
Inventory	1859	3863	1076	8442
Liabilities	7964	6452	3112	8951
Total Debt	8016	2289	7605	2013
Accounts Payable	1013	6847	6131	2035
Equities	9054	5673	7152	6714

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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. The cap table displayed below is for BLUWHEELZ MOBILITY SERVICES PRIVATE LIMITED which is the legal entity associated with BluWheelz.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	51.40%	111Cr	2562997	1786064	7161367	1679762
Sanjiv Gupta	8405461	6090066	2996324	2933700	3372157	4031436
Chanpreet Singh Sethi	7126101	1929872	3628691	1461046	2248904	8747311
Fund	10.11%	21.9Cr	3278807	6012016	3176627	3403746
Faad Capital	858	770	675	800	140	968
Venture Catalysts	0	0	0	0	0	0
Enterprise	0.86%	1.86Cr	0	0	0	0
Angel	9.54%	20.7Cr	3703106	3151018	7881285	6454739
Chenraj Roychand	0	0	0	0	0	0
Pallav Chhawchharia	0	0	0	0	0	0
Parag P	0	0	0	0	0	0
Vaibhav Rathi	0	0	0	0	0	0
Other People	23.82%	51.6Cr	3047601	3878534	1137821	2107154
ESOP Pool	4.28%	9.27Cr	3170	5776	8387	5016
Total	100.00%	217Cr	2753718	3264357	8985220	6425087