About Logistics SaaS sector in India
The Logistics SaaS sector in India comprises 1.43K companies, including 192 funded companies having collectively raised $1.62B in venture capital money and private equity. Out of these, 53 are Series A+ funded, and 1 has achieved unicorn status.
Logistics SaaS sector in India has seen 23 acquisitions and 2 IPOs.
This sector includes companies providing SaaS based solutions to businesses to manage their logistics operations such as facilitating movement or storage of goods etc.
Logistics SaaS sector is also known as Logistics SaaS Solutions, Advanced Logistics SaaS or Digital Logistics SaaS.
Companies providing a platform to connect with shippers, cargo movers, movement or storage of goods (local delivery services, marketplaces) etc. It also includes companies offering SaaS based technology solutions to businesses for optimizing and managing overall logistics activities (fleet management, TMS, WMS, Analytics, etc). Tech-first non SaaS based logistics companies and technology providers. Traditional players like UPS, FedEx, DHL, etc which were predominantly offline but now have incorporated technology in their business and other offline players are excluded.
Top Logistics SaaS Companies in India
There are 1,432 Logistics SaaS startups in India which include Shiprocket, Pickrr Services, LetsTransport, NextBillion AI, Locus. Out of these, 192 startups are funded, with 53 having secured Series A+ funding, and 1 achieving unicorn status.
2026 has seen the creation of 44 Logistics SaaS startups in India. Over the past 10 years, an average of 71 new companies have been launched annually. Notably, several of these startups have been founded by alumni of IIT Bombay, BITS Pilani and IIT Delhi.
Here is the list of top Logistics SaaS startups in India
1. Shiprocket
Provider of e-commerce shipping, fulfillment, marketing, and financial services. The business offers tools for domestic and cross-border shipping, including integrations with courier partners. Fulfillment services encompass warehousing, packaging, and shipping. Marketing solutions include checkout optimisation and customer engagement tools. Financial services provide capital and credit score assessment.
Key facts about Shiprocket
- Founded Year: 2012
- Location: Delhi (India)
- Stage: Public
- Total Funding till date: $322M
- Investors: Temasek, Bertelsmann India Investments and 63 Others
- Latest Funding Round: Series E, Dec 23, 2024, $*****
- Tracxn Score: 87/100 What is this?
- Competitors Rank: 1 of 1,521 Competitors
Provider of AI-based logistics management solutions. It provides doorstep picking, packing services, and courier services. The platform also provides an online platform for businesses to book shipping requirements, track shipments and generate reports. It offers shipping services to domestic and international locations and supports various pin codes for reverse logistics.
Key facts about Pickrr Services
- Founded Year: 2015
- Location: Gurugram (India)
- Stage: Acquired
- Total Funding till date: $16.4M
- Investors: Ananta Capital, India Infoline and 24 Others
- Latest Funding Round: Series B, Aug 11, 2021, $*****
- Tracxn Score: 78/100 What is this?
- Competitors Rank: 2 of 1,511 Competitors
Provider of logistics services for first mile and last mile. Operations include the movement of goods between warehouses, distribution centers, and retail locations. Services facilitate the transport of shipments through various stages of the supply chain. The business manages the distribution of freight using a fleet of vehicles to ensure the movement of cargo from origin to final destination.
Key facts about LetsTransport
- Founded Year: 2015
- Location: Bengaluru (India)
- Stage: Acquired
- Total Funding till date: $92.6M
- Investors: Bertelsmann, Bertelsmann India Investments and 70 Others
- Latest Funding Round: Series E, Apr 24, 2024, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 1 of 1,549 Competitors
Provider of an AI-powered mapping platform. It allows users to build custom maps for web and mobile applications. It provides geocoding APIs, search APIs, routing, navigation, matrix calculation, map data curation, and high footfall landmark solutions. It features multi-lingual text, data management, image classification, sentiment analytics, and video annotation capabilities. It has use cases in logistics, fleet management, ride-hailing, delivery, and e-commerce applications.
Key facts about NextBillion AI
- Founded Year: 2020
- Location: Singapore (Singapore)
- Stage: Acquired
- Total Funding till date: $34.2M
- Investors: Alpha Wave Global, Lightspeed Venture Partners and 26 Others
- Latest Funding Round: Series B, May 23, 2022, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 1 of 87 Competitors
5. Locus
Provider of an AI-powered platform for optimizing logistics and delivery. The platform offers solutions for fulfillment automation, dispatch planning, and delivery orchestration. It also provides features such as track and trace, analytics, and insights. The platform supports various industries, including retail, fast-moving consumer goods, and e-commerce.
Key facts about Locus
- Founded Year: 2015
- Location: Milpitas (United States)
- Stage: Acquired
- Total Funding till date: $82.5M
- Investors: GIC, Alpha Wave Global and 33 Others
- Latest Funding Round: Series C, May 27, 2021, $*****
- Tracxn Score: 72/100 What is this?
- Competitors Rank: 5 of 1,432 Competitors
Companies founded year-on-year in the Logistics SaaS sector in India
44 new startups have been founded so far in 2026 in the Logistics SaaS sector in India. 111 Logistics SaaS startups in India were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 44 |
2025 | 31 |
2024 | 42 |
2023 | 42 |
2022 | 75 |
2021 | 86 |
2020 | 111 |
2019 | 91 |
2018 | 98 |
2017 | 98 |
Stage-wise distribution of Logistics SaaS sector companies in India
Out of the total 1,432 Logistics SaaS companies in India, 192 have secured funding. Among them, 53 have reached Series A or higher, and 36 to Series B or beyond.
Founded - 1,432
Funded - 192
Series A+ - 53
Series B+ - 36
Series C+ - 29
Company Stage | No. of companies |
|---|---|
Founded | 1,432 |
Funded | 192 |
Series A+ | 53 |
Series B+ | 36 |
Series C+ | 29 |
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Funding Trends in the Logistics SaaS sector in India
Total funding year-on-year in the Logistics SaaS sector in India
The Logistics SaaS sector in India saw a total funding of more than $1.56B in the last 10 years. The most amount of funding was in 2021 at more than $371M. There has been a total funding of $34.2M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $34.2M |
2025 | $148M |
2024 | $164M |
2023 | $193M |
2022 | $325M |
2021 | $371M |
2020 | $111M |
2019 | $85.1M |
2018 | $97.8M |
2017 | $36.3M |
Recent Funding Rounds in Logistics SaaS in India
In the year 2026, till August 2026, Logistics SaaS companies in India have raised $34.2M in equity funding across 15 rounds.
In the same period last year (i.e. till August 2025), Logistics SaaS companies in India had raised $60.4M across 18 rounds.
So, 2026 has seen a 43.36% drop in funding in Logistics SaaS companies in India as compared to 2025.
Here are some recent, important funding rounds in Logistics SaaS companies in India:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 2775 | Aug 27, 2026 | - | |
Seed | 7771 | Aug 11, 2026 | and 3 more | |
Seed | 5409 | Jul 21, 2026 | - | |
Series A | 7301 | Jul 09, 2026 | and 2 more | |
Seed | 3952 | Jul 07, 2026 |
Top Investors in Logistics SaaS in India
Stride Ventures is the top investor in Logistics SaaS companies in India based on number of companies invested.
Here are some top investors in Logistics SaaS companies in India:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Delhi (India) | ||
Redwood City (United States) | - | |
San Diego (United States) | ||
Bengaluru (India) | ||
Bengaluru (India) |
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M&A activity in Logistics SaaS sector in India
In the year 2026, till September 2026, 3 acquisitions happened in Logistics SaaS sector in India. Last year, in 2025, a total of 3 acquisitions happened in Logistics SaaS sector in India.
Here are some recent, important acquisitions in Logistics SaaS sector in India:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Sep 15, 2026 | ||
Business Acquisition | May 15, 2026 | ||
Business Acquisition | Feb 10, 2026 | ||
Business Acquisition | Nov 22, 2025 | ||
Business Acquisition | Oct 07, 2025 |
Acquisition trends in Logistics SaaS sector in India
Here are the acquisition trends in Logistics SaaS sector in India:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 3 |
2025 | 3 |
2024 | 2 |
2023 | 1 |
2022 | 4 |
2021 | 3 |
2020 | - |
2019 | 2 |
2018 | - |
2017 | 2 |
IPOs in Logistics SaaS in India
In the year 2026, till August 2026, 2 IPOs happened in Logistics SaaS sector in India.
Here are some recent, important IPOs in Logistics SaaS sector in India:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Aug 19, 2026 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) | |
Feb 24, 2026 | Bombay Stock Exchange (BSE) |
Colleges which produce the most Logistics SaaS companies in India
Companies founded by alumni from top colleges in the Logistics SaaS in India
Most number of Logistics SaaS startups in India have been founded by alumni from IIT Bombay, BITS Pilani and IIT Delhi.
College | No. of companies |
|---|---|
IIT Bombay | 16 |
BITS Pilani | 13 |
IIT Delhi | 11 |
IIT Kharagpur | 11 |
IIT Madras | 11 |
IIM Bangalore | 8 |
IIT Kanpur | 8 |
Indian School of Business | 8 |
IIM Ahmedabad | 6 |
Harvard Business School | 5 |
Total funding in Logistics SaaS companies founded by alumni from top colleges in India
In the last 10 years, Harvard Business School graduates' Logistics SaaS companies in India have raised the most funding among top colleges. Harvard University alumni are second, and Wharton School alumni are third.
College | Total Funding |
|---|---|
Harvard Business School | $415M |
Harvard University | $380M |
Wharton School | $324M |
IIT Kharagpur | $188M |
IIT Delhi | $185M |
Indian Institute Of Management–Lucknow | $78.2M |
Carnegie Mellon University | $55.1M |
Stanford Business School | $46.7M |
Stanford University | $46.7M |
BITS Pilani | $46.6M |
Top News in Logistics SaaS in India
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ANSCER Robotics Secures FCC Conditional Approval for Autonomous Mobile RobotsRoboticstomorrow•Sep 19, 2026•ANSCER
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UK Consumers Prioritize Delivery Accuracy Over Speed, Says LocusRetail Technology Innovation Hub•Feb 06, 2026•Locus
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SemiCab Partners with RoaDo to Drive Revenue Growth and AccessibilityGlobeNewswire•Aug 13, 2025•SemiCab, RoaDo
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Shiprocket Partners with Fynd to Transform Last-Mile Delivery for D2C BrandsBusinessnewsthisweek•Jun 13, 2025•Shiprocket, Fynd
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Shiprocket Secures Faster Shipping with Same-Day Delivery Launch in BengaluruBusinessnewsthisweek•Mar 24, 2025•Shiprocket
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All In Capital Launches Inr 200 Cr Fund IiInc42•Mar 20, 2025•All In Capital, , Spill Games, and 6 others
