When was Tusker founded?

Tusker was founded in 2012 and raised its 1st funding round 10 years after it was founded.

Where is Tusker located?

Tusker is headquartered in Bengaluru, India. It is registered at No.133/2, 4th Floor, Janardhan Towers, Residency Road, Bangalore, Bangalore, Karnataka, India, 560025.

Which legal entities is Tusker associated with?

Tusker is associated with HOSA SOLUTIONS PRIVATE LIMITED and 1 other.

How many employees does Tusker have?

As of May 31, 2025, the latest employee count at Tusker is 2.

Is Tusker a funded company?

Tusker is a funded company, having raised a total of $1.12M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 27, 2022.

How much is Tusker worth?

The latest valuation of Tusker is $***** as of Nov 28, 2023.

When was the latest funding round of Tusker?

Tusker's latest funding was a $***** Seed round on Nov 28, 2023, with participation from 1 investor.

What is the annual revenue of Tusker?

Annual revenue of Tusker is less than ₹10 Cr as on Mar 31, 2023

Where does Tusker rank among its competitors?

Tusker ranks 2nd amongst 5 active competitors, of which 2 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Tusker, which secured $480K in Nov, 2023.

Who are the top competitors of Tusker?

Tusker's top competitors include ElasticRun, Kareeb Bharat and Airbox Shipping. Among them, Tusker secured the most recent funding round in November, 2023.

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

Company Details

A technology-enabled logistics service connecting rural markets. It is a technology-enabled logistics service that connects rural markets. The platform enables users to find and book for delivery services in their vicinity through mobile applications. It offers features like live tracking, online payments, etc. The mobile application is available for android and iOS platforms.

Website: tuskergo.com
Email ID: *****@logistimo.com
Phone Number: +91 **********
Registered Address: No.133/2, 4th Floor, Janardhan Towers, Residency Road, Bangalore, Bangalore, Karnataka, India, 560025

Key Metrics

Founded Year

2012

Location

Bengaluru, India

Stage

Seed

Total Funding

$1.12M in 2 rounds

Latest Funding Round

Seed, Nov 28, 2023, $*****

Post Money Valuation

$***** as on Nov 28, 2023

Investors

Lumis Partners & 11 more

Ranked

2^nd among 5 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2023

Employee Count

2 as on May 31, 2025

Similar Companies

ElasticRun & 5 more

View Tusker's full profile

Tusker is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
HOSA SOLUTIONS PRIVATE LIMITED CIN: U63090KA2019PTC124275 , India, Active	May 13, 2019	0 - ₹10 Cr (As on Mar 31, 2023)	10 (As on Dec 01, 2023)
LOGISTIMO INDIA PRIVATE LIMITED CIN: U72200KA2011FTC060762 , India, Active	Oct 10, 2011	0 - ₹10 Cr (As on Mar 31, 2025)	2 (As on Aug 31, 2025)

Tusker has raised a total funding of $1.12M over 2 rounds. Its first funding round was on Sep 27, 2022. Its latest funding round was a Seed round on Nov 28, 2023 for $*****. 1 investor participated in its latest round. Tusker has 8 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Tusker:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 28, 2023	1610214	Seed	3514118	5722419	5174845	3493889
Sep 27, 2022	9949626	Seed	9010238	4567398	LetsVenture & 1 more	Krishna Rani & 6 more

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View details of Tusker's funding rounds and investors

The founders of Tusker is Sharath Chandangoudar.

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

Sharath Chandangoudar: Co-Founder of Tusker and founder of 1 other company.

View details of Tusker's Founder profiles and Board Members

Tusker's employee count trend

Tusker has 2 employees as of May 25. Here is Tusker's employee count trend over the years:

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Top competitors of Tusker include ElasticRun, Kareeb Bharat and Airbox Shipping. Here is the list of Top 10 competitors of Tusker, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ElasticRun 2014, Pune (India), Series E	Platform offering rural B2B E-commerce and logistics	$462M	Kalaari Capital, Prosus & 28 others	66/100
2nd	Tusker 2012, Bengaluru (India), Seed	A technology-enabled logistics service connecting rural markets	$1.12M	Lumis Partners, LetsVenture & 10 others	32/100
3rd	Kareeb Bharat 2020, Mumbai (India), Unfunded	Platform offering connecting household in rural to enable delivery of products	-	-	32/100
4th	Airbox Shipping 2015, Bhubaneswar (India), Deadpooled	Provides last mile delivery logistics services	-	-	26/100
5th	Jrise Alliances 2023, Mumbai (India), Unfunded	Provider of distribution and e-commerce platform focused on rural entrepreneurship	-	-	26/100
6th	Punegram 2015, Pune (India), Deadpooled	Intracity third party logistics provider	-	-	17/100
7th	GET SAMADHAN ECOMMERCE PRIVATE LIMITED 2015, Sagar (India), Unfunded	Provider of e-commerce facilities with a focus on underserved communities	-	-	15/100

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Founders (largest shareholder) own 61.67%, Funds own 18.38%, Parent Entities own 5.20% and Angels own 1.19%. The net worth of Tusker's founders is INR 26.9Cr as of Nov 28, 2023.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	61.67%	26.9Cr	4096432	4445575	2439101	3451539
Sharath Chandangoudar	9051182	5867352	4521793	8200060	7397195	1055919
Fund	18.38%	8.02Cr	7443849	2195105	2015339	2088381
Lumis Partners	1872757	7732734	8029006	6635252	8191338	7589503
LetsVenture	5915	3953	7935	3350	7877	4445
Parent Entity	5.20%	2.27Cr	76775	78382	70377	12119
Angel	1.19%	51.8L	4	5	5	3
ESOP Pool	13.57%	5.92Cr	4823015	3412194	8979226	4925760
Total	100.00%	43.6Cr	1798612	7695804	9430373	5214957