NeoWings - About the company
NeoWings is a seed company based in Coimbatore (India), founded in 2020 by Muralikumar Balasubramaniam, Karthik Rathina Sabapathy and Rajaguru Sundaram. It operates as a Provider of AI-based delivery management software. NeoWings has raised $395K in funding, with a current valuation of $*****. The company has 1117 active competitors, including 110 funded and 40 that have exited. Its top competitors include companies like LetsTransport, OnFleet and FarEye.
Company Details
NeoWings is a provider of AI-based delivery management software. Its features include route optimisation, management of distribution from warehouses and last-mile deliveries, orders, integration with e-commerce platforms, scheduling, analytics, delivery tracking and ePODs. It caters to retail, food, medicine, water, laundry, grocery and FMCG delivery companies.
- Website
- neowings.in
- Email ID
- *****@neowings.in
- Phone Number
- +91 **********
- Registered Address
- NO 114 - E3, 3RD FLOOR, S.M TOWERS, RACE COURSE, Coimbatore Racecourse, Coimbatore, Coimbatore South, Tamil Nadu, India, 641018
Key Metrics
Founded Year
2020
Location
Coimbatore, India
Stage
Seed
Total Funding
$395K in 1 round
Latest Funding Round
Post Money Valuation
$***** as on Dec 15, 2021
Investors
Ranked
67th among 1117 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
10 as on Aug 31, 2025
Legal entities associated with NeoWings
NeoWings is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NEOSAY TECHNOLOGIES AND SOLUTIONS PRIVATE LIMITED CIN: U72200TZ2015PTC021399 , India, Active | May 20, 2015 | 0 - ₹10 Cr (As on Mar 31, 2025) | 10 (As on Aug 31, 2025) |
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NeoWings's funding and investors
NeoWings has raised a total funding of $395K over 1 round. Its latest funding round was a Angel round on Dec 15, 2021 for $*****. 5 investors participated in its latest round. NeoWings has 8 angel investors.
Here is the list of recent funding rounds of NeoWings:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 15, 2021 | 7853593 | Angel | 1935985 | 7242853 | 3031961 | 8766243 |
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NeoWings' founders and board of directors
Founder? Claim ProfileThe founders of NeoWings are Muralikumar Balasubramaniam, Karthik Rathina Sabapathy and Rajaguru Sundaram.
Here are the details of NeoWings' key team members:
- Muralikumar Balasubramaniam: Co-Founder & Director of NeoWings and founder of 6 other companies, including NeoTrack, NeoTrack and BotsEye.
- Karthik Rathina Sabapathy: Co-Founder & Director of NeoWings and founder of 5 other companies, including BotsEye, NeoTrack and TrackBee.
- Rajaguru Sundaram: Former Co-Founder of NeoWings and founder of 2 other companies, NeoTrack and TrackBee.
View details of NeoWings's Founder profiles and Board Members
NeoWings' employee count trend
NeoWings has 10 employees as of Aug 25. Here is NeoWings's employee count trend over the years:
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NeoWings's Competitors and alternates
Top competitors of NeoWings include LetsTransport, OnFleet and FarEye. Here is the list of Top 10 competitors of NeoWings, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  LetsTransport 2015, Bengaluru (India), Acquired | Provider of logistics services for first mile and last mile | $92.6M | 77/100 | |
2nd | OnFleet 2012, San Francisco (United States), Acquired | Cloud based last mile delivery management software | $44.8M | 72/100 | |
3rd |  FarEye 2013, Chicago (United States), Series E | A technology company offering products and solutions for last-mile delivery management | $152M | 70/100 | |
4th | Provider of cloud and AI-based delivery management solutions | $184M | 67/100 | ||
5th | Platform for supermarkets, pharmacies and retailers to manage online delivery operations | $20.2M | 65/100 | ||
6th | Intra-city and mid-mile logistics solutions | $4.22M | 64/100 | ||
7th |  Shipday 2009, Menlo Park (United States), Series A | Provider of cloud-based delivery management solutions | $7M | 62/100 | |
8th |  Sorted 2010, Manchester (United Kingdom), Acquired | Provider of software for delivery management and automated carrier allocation | $134M | 61/100 | |
9th | Provides solutions for last-mile delivery management | $58.8M | 61/100 | ||
10th | Provider of e commerce parcel delivery management solutions | $222M | 59/100 | ||
67th | Provider of AI-based delivery management software | $395K | - | 40/100 |
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NeoWings's Latest cap tables and shareholding
Founders (largest shareholder) own 68.94% and Angels own 31.06%. The net worth of NeoWings's founders is INR 6.6Cr as of Dec 15, 2021.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 68.94% | 6.6Cr | 4654437 | 2241855 | 3550150 | 3666991 |
8582153 | 1084788 | 7416560 | 6141661 | 2998331 | 2137928 | |
7230452 | 7696841 | 7035862 | 8818044 | 2175611 | 7017468 | |
3892031 | 4264736 | 9148747 | 8508716 | 6315408 | 4549879 | |
Angel | 31.06% | 2.97Cr | 1656115 | 3444114 | 9974438 | 7375140 |
3945220 | 4416063 | 2016521 | 4389334 | 3698206 | 3799255 | |
5603953 | 6242859 | 2879090 | 9483909 | 9056729 | 7706783 | |
Total | 100.00% | 9.57Cr | 7096941 | 3185086 | 1467159 | 2919660 |
To unlock detailed Cap Table of NeoWings Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
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NeoWings's Investments and acquisitions
NeoWings has made no investments or acquisitions yet.
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