When was FastBeetle founded?

FastBeetle was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is FastBeetle located?

FastBeetle is headquartered in Srinagar, India. It is registered at BUILDING NO. 302, INDO KASHMIR CARPET FACTORY ZALDAGAR, Srinagar, SRINAGAR, Jammu & Kashmir, India, 190002.

Who is the current CEO of FastBeetle?

Sheikh Samiullah of FastBeetle.

Which legal entities is FastBeetle associated with?

FastBeetle is associated with FASTBEETLE LOGISTICS PRIVATE LIMITED and 1 other.

How many employees does FastBeetle have?

As of Jun 30, 2026, the latest employee count at FastBeetle is 67.

Is FastBeetle a funded company?

FastBeetle is a funded company, having raised a total of $303K across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 07, 2021.

How much is FastBeetle worth?

The latest valuation of FastBeetle is $***** as of Jun 09, 2023.

When was the latest funding round of FastBeetle?

FastBeetle's latest funding was a $***** Seed round on Jun 08, 2023, with participation from 1 investor.

What is the annual revenue of FastBeetle?

Annual revenue of FastBeetle is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does FastBeetle rank among its competitors?

FastBeetle ranks 2nd amongst 34 active competitors, of which 6 are funded. It stands 5th 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 FastBeetle?

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

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

FastBeetle is a seed company based in Srinagar (India), founded in 2018 by Sheikh Samiullah, Abid Rashid Lone and Sunny Gupta. It operates as an Offers door-to-door parcel and courier delivery services. FastBeetle has raised $303K in funding from Nepra, with a current valuation of $*****. The company has 34 active competitors, including 6 funded and 1 that has exited. Its top competitors include companies like Borzodelivery, iCarry.in and Coreyo.

Company Details

Offers door-to-door parcel and courier delivery services. It offers the shipping and delivery of groceries, medicines, packages, letters, and others. Features include transparent pricing, end-to-end tracking management, on-demand pick-up service, and more. Its app is available on the Android and IOS platforms.

Website: fastbeetle.com
Social
Email ID: *****@fastbeetle.com
Phone Number: +91 **********
Registered Address: BUILDING NO. 302, INDO KASHMIR CARPET FACTORY ZALDAGAR, Srinagar, SRINAGAR, Jammu & Kashmir, India, 190002

Key Metrics

Founded Year

2018

Location

Srinagar, India

Stage

Seed

Total Funding

$303K in 4 rounds

Latest Funding Round

Seed, Jun 08, 2023, $*****

Post Money Valuation

$***** as on Jun 09, 2023

Investors

Nepra & 17 more

Ranked

2^nd among 34 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

67 as on Jun 30, 2026

Similar Companies

Borzodelivery & 360 more

View FastBeetle's full profile

FastBeetle is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FASTBEETLE LOGISTICS PRIVATE LIMITED CIN: U63090MH2020PTC348915 , India, Active	Oct 28, 2020	₹10 - ₹50 Cr (As on Mar 31, 2025)	-
FASTBEETLE SERVICES LLP CIN: AAN-9440 , India, Active	Jan 04, 2019	0 - ₹10 Cr (As on Mar 31, 2024)	-

FastBeetle has raised a total funding of $303K over 4 rounds. Its first funding round was on May 07, 2021. Its latest funding round was a Seed round on Jun 08, 2023 for $*****. 1 investor participated in its latest round. FastBeetle has 3 institutional investors and 15 angel investors.

Here is the list of recent funding rounds of FastBeetle:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 08, 2023	7677248	Seed	6965595	4800534	6611087	1828742
Jan 21, 2023	9557216	Angel	7322421	4615514	3521193	1932507
Dec 15, 2021	3500702	Seed	1273827	3888059	Nepra	Anuj Sharma & 7 more

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View details of FastBeetle's funding rounds and investors

The founders of FastBeetle are Sheikh Samiullah, Abid Rashid Lone and Sunny Gupta. Sheikh Samiullah is the CEO of FastBeetle.

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

Sheikh Samiullah: Co-Founder & CEO of FastBeetle. They serve on the board of 1 company.
Abid Rashid Lone: Co-Founder of FastBeetle.
Contact Info: 1 email address
Sunny Gupta: Co-Founder & COO of FastBeetle.
Contact Info: 1 email address

FastBeetle's Board of Directors

FastBeetle's board has 2 active members. Sheikh Samiullah and Abid Rashid are part of team.

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

Name	Type	Representing	Status	Duration
Sheikh Samiullah	Team	-	Current	5y 9m
Abid Rashid	Team	-	Current	5y 9m

View details of FastBeetle's Founder profiles and Board Members

FastBeetle's employee count trend

FastBeetle has 67 employees as of Jun 26. Here is FastBeetle's employee count trend over the years:

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Top competitors of FastBeetle include Borzodelivery, iCarry.in and Coreyo. Here is the list of Top 10 competitors of FastBeetle, 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	63/100
2nd	FastBeetle 2018, Srinagar (India), Seed	Offers door-to-door parcel and courier delivery services	$303K	KM Trans Logistics, Culture Cap & 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	Swift Infracon, Brave New World & 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