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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 $37.4M in funding from investors like Beenext, IndiaMART and India Quotient, with a current valuation of ₹*****. The company has 6491 active competitors, including 264 funded and 310 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
$37.4M in 7 rounds
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 $37.4M 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
8980904
Series C
5857763
1176878
6836169
8361911
Feb 21, 2022
3066804
Series B
8600686
5800571
6229974
Nov 17, 2021
3759388
Series A
7338490
7895027
3765256
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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 Uptake
Uptake
2014, Chicago (United States), Series D
Cloud-based platform for predictive analytics and asset performance management
$282M
71/100
6th
Logo for Nauto
Nauto
2015, Palo Alto (United States), Series C
AI-powered fleet safety software using dual-facing cameras and predictive analytics
$215M
71/100
7th
Logo for HERE
HERE
1985, Eindhoven (Netherlands), Acquired
Developer of a unified map delivering location data and related services
-
71/100
8th
Logo for Moove
Moove
2020, Lagos (Nigeria), Series C
Provider of revenue-based vehicle financing to mobility entrepreneurs
$510M
70/100
9th
Logo for Element
Element
1946, Baltimore (United States), Public
Fleet management and maintenance services
$125M
69/100
10th
Logo for LightMetrics
LightMetrics
2015, Bengaluru (India), Series A
Provider of video telematics solutions for telematics service providers
$10.7M
68/100
42nd
Logo for Fleetx
Fleetx
2017, Gurugram (India), Series C
Provider of artificial intelligence software for fleet and logistics operations
$37.4M
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.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
19.94%
253Cr
2444733
2125747
4389679
5539769
16479
72931
52129
23941
39745
81035
2482
8243
7563
6665
2439
3505
1002
8992
7888
2520
5640
6515
Fund
48.40%
615Cr
5359544
6896548
7149686
2867720
6928176
9770213
3547269
9223731
5402374
6699651
78
51
97
42
43
93
0
0
0
0
0
0
Enterprise
18.83%
239Cr
6761223
4334112
9190270
6393673
Angel
4.20%
53.4Cr
6936
1619
8876
9043
Other People
4.61%
58.6Cr
7032
6989
9141
6663
ESOP Pool
4.02%
51.1Cr
8983
5489
9153
1953
Total
100.00%
1,270Cr
6324552
7680875
5549711
3872264
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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 Fleetx's Shareholding

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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