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Fleetx - About the company

Fleetx is a series C company based in Gurugram (India), founded in 2017 by Abhay Jeet Gupta, Vishal Misra, Parveen Kumar Kataria and Vineet Sharma. It operates as a Provider of artificial intelligence software for fleet and logistics operations. Fleetx has raised $34.2M in funding from investors like Beenext, IndiaMART and India Quotient, with a current valuation of ₹*****. The company has 6540 active competitors, including 265 funded and 311 that have exited. Its top competitors include companies like Samsara, Motive and Radius.

Company Details

Provider of artificial intelligence software for fleet and logistics operations. This platform integrates vehicle tracking, fuel monitoring, video telematics, and transport management systems to digitize physical supply chain workflows. By utilizing internet of things devices and predictive analytics, the software enables automated decision-making and operational oversight for enterprise freight management. It consolidates data from vehicles, drivers, and business processes to improve efficiency and maintain control across logistics networks.
Website
fleetx.io
Social
X
Email ID
*****@fleetx.io
Phone Number
+91 **********
Registered Address
Unit No. 320-339 & 346-348, 3rd Floor, Tower A, Vatika Business Park, Sector-49, Sohna Road, Gurgaon, Gurgaon, Gurgaon, Haryana, India, 122018
Key Metrics
Founded Year
2017
Location
Gurugram, India
Stage
Series C
Total Funding
$34.2M in 7 rounds
Latest Funding Round
Post Money Valuation
₹***** as on May 24, 2025
Investors
Ranked
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
407 as on Aug 31, 2025
Similar Companies
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Fleetx's funding and investors

Fleetx has raised a total funding of $34.2M over 7 rounds. Its first funding round was on Jan 16, 2018. Its latest funding round was a Series C round on May 24, 2025 for $*****. 2 investors participated in its latest round. Fleetx has 14 institutional investors and 32 angel investors.

Here is the list of recent funding rounds of Fleetx:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 24, 2025
7816677
Series C
6615905
8511151
6724942
5989835
Feb 21, 2022
5806757
Series B
6900791
3265802
2625159
Nov 17, 2021
5693483
Series A
2381727
2193631
5735389
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Fleetx's founders and board of directors

Founder? Claim Profile
The founders of Fleetx are Abhay Jeet Gupta, Vishal Misra, Parveen Kumar Kataria and Vineet Sharma. Vineet Sharma is the CEO of Fleetx.
Here are the details of Fleetx's key team members:

Fleetx's Board of Directors

Fleetx's board has 4 active members. Abhay Jeet Gupta, Vishal Misra, Parveen Kumar Kataria and Vineet Kumar Sharma are part of team.
Here is the list of Fleetx's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
9y 2m
Team
-
Current
8y 11m
Team
-
Current
2y 11m
Team
-
Current
9y 2m

Fleetx's employee count trend

Fleetx has 407 employees as of Aug 25. The total employee count is 4.0% more than what it was in Aug 24. Here is Fleetx's employee count trend over the years:
Employee count trend for Fleetx
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Fleetx's Competitors and alternates

Top competitors of Fleetx include Samsara, Motive and Radius. Here is the list of Top 10 competitors of Fleetx, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Samsara
Samsara
2015, San Francisco (United States), Public
Platform offering AI-powered and cloud-based vehicle tracking solutions for fleet owners
$915M
87/100
2nd
Logo for Motive
Motive
2013, San Francisco (United States), Series G
Developer of fleet management software and hardware for vehicle tracking
$1.87B
78/100
3rd
Logo for Radius
Radius
1990, Crewe (United Kingdom), Acquired
Predictive marketing and sales platform
$333M
76/100
4th
Logo for Wright Express
Wright Express
1983, Portland (United States), Public
Provider of fleet management, employee benefits, and business payment solutions
-
74/100
5th
Logo for HERE
HERE
1985, Eindhoven (Netherlands), Acquired
Developer of a unified map delivering location data and related services
-
71/100
6th
Logo for Element
Element
1946, Baltimore (United States), Public
Fleet management and maintenance services
$125M
71/100
7th
Logo for Moove
Moove
2020, Dubai (United Arab Emirates), Series C
Provider of revenue-based vehicle financing to mobility entrepreneurs
$472M
70/100
8th
Logo for LightMetrics
LightMetrics
2015, Bengaluru (India), Series A
Provider of video telematics solutions for telematics service providers
$10.7M
68/100
9th
Logo for GreenRoad
GreenRoad
2004, Austin (United States), Series E
Provider of fleet telematics and management solutions
$81.5M
68/100
10th
Logo for Nauto
Nauto
2015, Palo Alto (United States), Series C
AI-powered fleet safety software using dual-facing cameras and predictive analytics
$215M
67/100
44th
Logo for Fleetx
Fleetx
2017, Gurugram (India), Series C
Provider of artificial intelligence software for fleet and logistics operations
$34.2M
60/100
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Fleetx's Latest cap tables and shareholding

Founders own 19.94%, Funds (largest shareholder) own 48.40%, Enterprises own 18.83% and Angels own 4.20%. The net worth of Fleetx's founders is INR 253Cr as of May 24, 2025. The cap table displayed below is for FLEETX TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with Fleetx.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
19.94%
253Cr
1133280
4209157
4729321
5295721
94845
93752
50684
33119
18444
30136
9395
8396
1568
8234
4974
7128
7791
5347
4583
8912
5985
8226
Fund
48.40%
615Cr
9913657
3654437
6602468
4273295
2744126
1095850
8028467
9980574
7430043
5584871
87
59
85
76
70
37
0
0
0
0
0
0
Enterprise
18.83%
239Cr
4043634
1015540
7566145
8759722
Angel
4.20%
53.4Cr
4745
6638
4004
9607
Other People
4.61%
58.6Cr
8942
8089
3834
2819
ESOP Pool
4.02%
51.1Cr
7672
5751
5112
9026
Total
100.00%
1,270Cr
3453962
4087046
9654397
8346143
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
Gain deeper insights into
shareholding pattern of this entity
$9.99$4.23(excl. taxes)
Download Sample Files
What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Fleetx's Investments and acquisitions

Fleetx has made no investments or acquisitions yet.

Reports related to Fleetx

Here is the latest report on Fleetx's sector:

News related to Fleetx

lockFilter this list
Media has covered Fleetx for a total of 3 events in the last 1 year, 2 of them have been about partnerships.
•
Fleetx Launches AI-Powered Driver Authentication SolutionAsian News International•Nov 06, 2024•Fleetx
•
•
Fleetx announces ESOP buyback worth Rs 3.9 CrEntrackr•Mar 08, 2022•Fleetx
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