When was Coreyo founded?

Coreyo was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Coreyo located?

Coreyo is headquartered in Bengaluru, India. It is registered at 114, Tranquil Ambience 157/128-1, Vignan Nagara, Bangalore, BANGALORE, Karnataka, India, 560075.

Which legal entities is Coreyo associated with?

Coreyo is associated with 3 ELEMENTS COURIER AGGREGATOR PRIVATE LIMITED.

How many employees does Coreyo have?

As of Jul 31, 2026, the latest employee count at Coreyo is 29.

Is Coreyo a funded company?

Coreyo is a funded company, having raised a total of $666K across 2 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Jul 08, 2021.

How much is Coreyo worth?

The latest valuation of Coreyo is $***** as of Dec 20, 2022.

When was the latest funding round of Coreyo?

Coreyo's latest funding was a $***** Seed round on Dec 20, 2022, with participation from 4 investors. Its primary sector is Logistics Tech. In India, the Logistics Tech sector has seen $182M in funding in 2026 to date.

What is the annual revenue of Coreyo?

Annual revenue of Coreyo is less than ₹10 Cr as on Mar 31, 2024

Where does Coreyo rank among its competitors?

Coreyo ranks 4th amongst 39 active competitors, of which 6 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was FastBeetle, which secured an undisclosed amount in Jun, 2023.

Who are the top competitors of Coreyo?

Coreyo's top competitors include Borzodelivery, FastBeetle and iCarry.in. Among them, FastBeetle secured the most recent funding round in June, 2023.

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

Coreyo is a seed company based in Bengaluru (India), founded in 2020. It operates as an App-based marketplace providing courier services. Coreyo has raised $666K in funding, with a current valuation of $*****. The company has 39 active competitors, including 6 funded and 1 that has exited. Its top competitors include companies like Borzodelivery, FastBeetle and iCarry.in.

Company Details

App-based marketplace providing courier services. The company offers a platform for users to connect with courier service providers. Users can compare and choose service providers, make payments, consign packages and track the packages.

Website: coreyo.com
Social
Email ID: *****@coreyo.com
Phone Number: +91 **********
Registered Address: 114, Tranquil Ambience 157/128-1, Vignan Nagara, Bangalore, BANGALORE, Karnataka, India, 560075

Key Metrics

Founded Year

2020

Location

Bengaluru, India

Stage

Seed

Total Funding

$666K in 2 rounds

Latest Funding Round

Seed, Dec 20, 2022, $*****

Post Money Valuation

$***** as on Dec 20, 2022

Investors

Siddharth Hans & 11 more

Ranked

4^th among 39 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2024

Employee Count

29 as on Jul 31, 2026

Similar Companies

Borzodelivery & 369 more

View Coreyo's full profile

Coreyo is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
3 ELEMENTS COURIER AGGREGATOR PRIVATE LIMITED CIN: U64120KA2020PTC132127 , India, Active	Jan 30, 2020	0 - ₹10 Cr (As on Mar 31, 2024)	-

Coreyo has raised a total funding of $666K over 2 rounds. Its first funding round was on Jul 08, 2021. Its latest funding round was a Seed round on Dec 20, 2022 for $*****. 4 investors participated in its latest round. Coreyo has 2 institutional investors and 10 angel investors.

Here is the list of recent funding rounds of Coreyo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 20, 2022	7130531	Seed	3800852	9424922	5162318	4239094
Jul 08, 2021	5144727	Angel	9093293	3035963	Siddharth Hans	Naveen Shukla & 3 more

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View details of Coreyo's funding rounds and investors

Coreyo's Board of Directors

Coreyo's board has 3 active members. Vince Madnkkakuzhy Jose is part of team and Usha Dwivedi and Peethambaram Jayashree are independent board members.

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

Name	Type	Representing	Status	Duration
Vince Madnkkakuzhy Jose	Team	-	Current	6y 7m
Usha Dwivedi	Independent board member	-	Current	6y 7m
fqvhmmb	Independent board member	-	Current	7y 6m
dhitrxj	Independent board member	-	Past	5y 4m

Coreyo's employee count trend

Coreyo has 29 employees as of Jul 26. Here is Coreyo's employee count trend over the years:

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Top competitors of Coreyo include Borzodelivery, FastBeetle and iCarry.in. Here is the list of Top 10 competitors of Coreyo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Borzodelivery 2016, Mumbai (India), Series C	Network of couriers providing on-demand, same-day parcel delivery services	$94M	Mubadala, VNV Global & 7 others	66/100
2nd	FastBeetle 2018, Srinagar (India), Seed	Offers door-to-door parcel and courier delivery services	$303K	Nepra, KM Trans Logistics & 16 others	43/100
3rd	iCarry.in 2019, Bengaluru (India), Unfunded	Aggregator of shipping and courier services for businesses	-	-	40/100
4th	Coreyo 2020, Bengaluru (India), Seed	App-based marketplace providing courier services	$666K	Brave New World, Swift Infracon & 10 others	40/100
5th	eCourierz 2015, Mumbai (India), Seed	Online marketplace providing domestic and international courier services	$594K	Axilor Ventures, Indian Angel Network & 36 others	38/100
6th	Parcelled 2014, Bengaluru (India), Deadpooled	Online courier booking platform	$5.47M	Tracxn Labs, Delhivery	37/100
7th	Wedel 2014, Kolkata (India), Deadpooled	Courier comparison and booking app	-	-	32/100
8th	GAINT Logistic 2014, Noida (India), Unfunded	Offers a web-based marketplace for booking courier aggregators	-	-	29/100
9th	Svector 2017, Ahmedabad (India), Unfunded	App-based platform providing P2P courier services	-	-	29/100
10th	Hipship 2013, Bengaluru (India), Seed	Provider of multi-carrier delivery orchestration platform	$121K	Inara Ventures, Faster Capital & 2 others	28/100

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Founders (largest shareholder) own 65.74%, Enterprises own 2.18%, Angels own 31.39% and Other People own 0.68%. The net worth of Coreyo's founders is INR 12.4Cr as of Dec 20, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	65.74%	12.4Cr	9411495	4838402	3879516	4432124
Enterprise	2.18%	41.3L	18	61	15	59
Angel	31.39%	5.95Cr	9144935	2784980	2238528	2734955
Siddharth Hans	1428198	5327365	4737255	5155087	7364391	7039205
Naveen Shukla	51	88	29	86	58	73
Other People	0.68%	12.8L	0	0	0	0
Total	99.99%	18.9Cr	1887777	2137171	2002140	2263796