About Logistics Tech sector in India
The Logistics Tech sector in India comprises 4.34K companies, including 523 funded companies having collectively raised $7.43B in venture capital money and private equity. Out of these, 150 are Series A+ funded, and 7 have achieved unicorn status.
Logistics Tech sector in India has seen 64 acquisitions and 11 IPOs.
This sector includes tech companies providing or facilitating movement or storage of goods or offering software solutions for managing logistics operations.
Tech-first companies in logistics providing or enabling, matching of load and movement or storage of goods (local delivery services, marketplaces). It also includes companies offering technology solutions to businesses for optimizing and managing overall logistics activities. (Delivery Management software, TMS, WMS, Analytics, etc). 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 Tech Companies in India
There are 4,344 Logistics Tech startups in India which include Shiprocket, Shadowfax, Delhivery, LoadShare, Pickrr Services. Out of these, 523 startups are funded, with 150 having secured Series A+ funding, and 7 achieving unicorn status.
2026 has seen the creation of 88 Logistics Tech startups in India. Over the past 10 years, an average of 220 new companies have been launched annually. Notably, several of these startups have been founded by alumni of IIT Delhi, IIT Bombay and IIT Kharagpur.
Here is the list of top Logistics Tech 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 1,528 Competitors
2. Shadowfax
Logistics solutions for express deliveries. It offers services, including same-day delivery, next-day delivery, and instant delivery. It provides solutions for e-commerce, D2C businesses, SMEs, and personal courier needs. It also offers technology-driven tools for route optimization and fraud detection. It also provides intercity parcel delivery, reverse logistics, same-day and next-day delivery options, and fulfillment services.
Key facts about Shadowfax
- Founded Year: 2015
- Location: Bengaluru (India)
- Stage: Public
- Total Funding till date: $247M
- Investors: Flipkart, Eight Roads Ventures and 32 Others
- Latest Funding Round: Series F, Jan 28, 2025, $*****
- Tracxn Score: 83/100 What is this?
- Competitors Rank: 1 of 34 Competitors
3. Delhivery
Platform offering end-to-end parcel delivery, warehousing, cross-border, and fulfillment services. It provides services to businesses and individuals. It is an integrated 3PL service provider and offers a comprehensive suite of solutions to clients across various industries. It enables logistics management, allowing clients to track their shipments and manage their delivery operations. Its solutions include last-mile delivery service, third-party and transit warehousing, reverse logistics, payment collection, vendor-to-warehouse and customer shipping, and more.
Key facts about Delhivery
- Founded Year: 2011
- Location: Gurugram (India)
- Stage: Public
- Total Funding till date: $1.25B
- Investors: Fidelity Investments, GIC and 38 Others
- Latest Funding Round: Series H, Dec 08, 2021, $*****
- Tracxn Score: 81/100 What is this?
- Competitors Rank: 1 of 600 Competitors
4. LoadShare
Provider of end-to-end logistics delivery services. It is a technology-driven logistics network that provides intercity, intracity, warehouse delivery services and it also enables users to track the shipments. It also provides customized logistics solutions.
Key facts about LoadShare
- Founded Year: 2017
- Location: Bengaluru (India)
- Stage: Series C
- Total Funding till date: $65M
- Investors: Tiger Global Management, Stride Ventures and 33 Others
- Latest Funding Round: Series C, Aug 31, 2024, $*****
- Tracxn Score: 79/100 What is this?
- Competitors Rank: 2 of 34 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: Guild Capital, Swastika 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
Companies founded year-on-year in the Logistics Tech sector in India
88 new startups have been founded so far in 2026 in the Logistics Tech sector in India. 405 Logistics Tech 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 | 88 |
2025 | 90 |
2024 | 127 |
2023 | 136 |
2022 | 213 |
2021 | 270 |
2020 | 405 |
2019 | 341 |
2018 | 262 |
2017 | 269 |
Stage-wise distribution of Logistics Tech sector companies in India
Out of the total 4,344 Logistics Tech companies in India, 523 have secured funding. Among them, 150 have reached Series A or higher, and 108 to Series B or beyond.
Founded - 4,344
Funded - 523
Series A+ - 150
Series B+ - 108
Series C+ - 89
Company Stage | No. of companies |
|---|---|
Founded | 4,344 |
Funded | 523 |
Series A+ | 150 |
Series B+ | 108 |
Series C+ | 89 |
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Funding Trends in the Logistics Tech sector in India
Total funding year-on-year in the Logistics Tech sector in India
The Logistics Tech sector in India saw a total funding of more than $6.47B in the last 10 years. The most amount of funding was in 2021 at more than $1.3B. There has been a total funding of $159M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $159M |
2025 | $298M |
2024 | $441M |
2023 | $576M |
2022 | $1.29B |
2021 | $1.3B |
2020 | $371M |
2019 | $1.19B |
2018 | $554M |
2017 | $297M |
Recent Funding Rounds in Logistics Tech in India
In the year 2026, till September 2026, Logistics Tech companies in India have raised $156M in equity funding across 39 rounds.
In the same period last year (i.e. till September 2025), Logistics Tech companies in India had raised $210M across 65 rounds.
So, 2026 has seen a 25.74% drop in funding in Logistics Tech companies in India as compared to 2025.
Here are some recent, important funding rounds in Logistics Tech companies in India:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 9324 | Sep 14, 2026 | ||
Series A | 6765 | Aug 25, 2026 | ||
Series A | 3184 | Aug 24, 2026 | ||
Seed | 9230 | Aug 11, 2026 | and 3 more | |
Seed | 1912 | Aug 10, 2026 |
Top Investors in Logistics Tech in India
LetsVenture is the top investor in Logistics Tech companies in India based on number of companies invested.
Here are some top investors in Logistics Tech companies in India:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Bengaluru (India) | ||
London (United Kingdom) | Delhivery and ElasticRun | |
San Diego (United States) | ||
Mumbai (India) | ||
Palo Alto (United States) |
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M&A activity in Logistics Tech sector in India
In the year 2026, till September 2026, 5 acquisitions happened in Logistics Tech sector in India. Last year, in 2025, a total of 6 acquisitions happened in Logistics Tech sector in India.
Here are some recent, important acquisitions in Logistics Tech sector in India:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Sep 15, 2026 | ||
Business Acquisition | Aug 03, 2026 | ||
Business Acquisition | May 15, 2026 | ||
Business Acquisition | Feb 10, 2026 | ||
Business Acquisition | Jan 29, 2026 |
Acquisition trends in Logistics Tech sector in India
Here are the acquisition trends in Logistics Tech sector in India:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 5 |
2025 | 6 |
2024 | 3 |
2023 | 3 |
2022 | 10 |
2021 | 6 |
2020 | - |
2019 | 4 |
2018 | 5 |
2017 | 7 |
IPOs in Logistics Tech in India
In the year 2026, till August 2026, 3 IPOs happened in Logistics Tech sector in India.
Here are some recent, important IPOs in Logistics Tech 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) | |
Jan 28, 2026 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) | |
Dec 22, 2025 | Bombay Stock Exchange (BSE) | |
Dec 17, 2025 | Bombay Stock Exchange (BSE) |
Colleges which produce the most Logistics Tech companies in India
Companies founded by alumni from top colleges in the Logistics Tech in India
Most number of Logistics Tech startups in India have been founded by alumni from IIT Delhi, IIT Bombay and IIT Kharagpur.
College | No. of companies |
|---|---|
IIT Delhi | 43 |
IIT Bombay | 40 |
IIT Kharagpur | 38 |
BITS Pilani | 34 |
IIT Kanpur | 30 |
IIT Madras | 24 |
Indian School of Business | 24 |
IIM Bangalore | 21 |
IIM Ahmedabad | 20 |
IIT Roorkee | 17 |
Total funding in Logistics Tech companies founded by alumni from top colleges in India
In the last 10 years, IIT Delhi graduates' Logistics Tech companies in India have raised the most funding among top colleges. IIT Kanpur alumni are second, and IIT Bombay alumni are third.
College | Total Funding |
|---|---|
IIT Delhi | $2.07B |
IIT Kanpur | $1.86B |
IIT Bombay | $1.39B |
IIM Calcutta | $1.3B |
IIT Kharagpur | $955M |
IIM Ahmedabad | $893M |
Stanford University | $603M |
Stanford Business School | $579M |
Columbia University | $498M |
IIT Roorkee | $493M |
Top News in Logistics Tech in India
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ANSCER Robotics Secures FCC Conditional Approval for Autonomous Mobile RobotsRoboticstomorrow•Sep 19, 2026•ANSCER
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Addverb at 10: From Automating Warehouses to Building the Future of Physical AICyberMedia India Online•Jun 24, 2026•Addverb
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Nagarro and Addverb Technologies Partner for Robotic Automation SolutionsExpress Computer•May 11, 2026•Nagarro, Addverb
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