Shiprocket is a logistics aggregation platform designed to facilitate global and domestic shipping for micro, small, and medium enterprises (MSMEs) in the e-commerce sector. Launched in 2017, the platform serves around 1.5 lakh sellers, enabling shipping to approximately 220 countries and 26,000 PIN codes in India through partnerships with 18 courier services. Shiprocket stands out for its AI-driven recommendation engine, which helps businesses select appropriate courier services, and its cost-effective shipping rates. The platform provides a user-friendly integrated ecosystem, including tools like Shiprocket 360 and Shiprocket Social, enabling sellers to manage their shipping and returns efficiently from a single interface. With a remarkable year-over-year growth rate of 300%, Shiprocket has established itself as a key player in the logistics landscape for e-commerce in India.
ShareChat is an Indian social media startup. It offers the content consumption and sharing platform only in Indian vernacular languages to cater to over 1.17 billion wireless network users of India. It is available in 15 Indian languages. The company was founded in 2015 and is headquartered in Bangalore, Karnataka.
ShareChat is an Indian social media startup. It offers the content consumption and sharing platform only in Indian vernacular languages to cater to over 1.17 billion wireless network users of India. It is available in 15 Indian languages. The company was founded in 2015 and is headquartered in Bangalore, Karnataka.
Shiprocket is a logistics aggregation platform designed to facilitate global and domestic shipping for micro, small, and medium enterprises (MSMEs) in the e-commerce sector. Launched in 2017, the platform serves around 1.5 lakh sellers, enabling shipping to approximately 220 countries and 26,000 PIN codes in India through partnerships with 18 courier services. Shiprocket stands out for its AI-driven recommendation engine, which helps businesses select appropriate courier services, and its cost-effective shipping rates. The platform provides a user-friendly integrated ecosystem, including tools like Shiprocket 360 and Shiprocket Social, enabling sellers to manage their shipping and returns efficiently from a single interface. With a remarkable year-over-year growth rate of 300%, Shiprocket has established itself as a key player in the logistics landscape for e-commerce in India.
Ola Electric Mobility Pvt Limited, founded in 2017 and headquartered in Bengaluru, India, is a prominent player in the electric vehicle sector. As a subsidiary of ANI Technologies Private Limited, the company specializes in the manufacturing of electric vehicles and key components, such as battery packs, motors, and vehicle frames, at its Ola Futurefactory. Ola Electric aims to enhance electric mobility by collaborating with vehicle and battery manufacturers, cities, and driver-partners to create a comprehensive and affordable mobility ecosystem. The company not only focuses on the domestic market but is also exploring opportunities for exporting its electric vehicles to select international markets, positioning itself to capitalize on the growing demand for sustainable transportation solutions in India and beyond.
Grab Holdings Inc., based in Singapore, is a prominent mobile technology platform operating in Southeast Asia. Founded in 2012, the company offers a wide range of services, including ride-sharing through GrabTaxi and GrabCar, and food and grocery delivery. Grab also provides financial services, such as payments, consumer loans, and insurance, catering to both merchants and consumers. Its platform connects drivers and customers, generating revenue primarily through commissions from ride-sharing and food delivery services. Grab operates in eight countries, including Singapore, Indonesia, and Malaysia, where it holds a significant market share. The company has expanded its offerings to include various options for transportation and delivery, as well as a mobile wallet for seamless transactions. Grab continues to face competition from other regional players, such as Foodpanda and Gojek.
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.
Xiaohongshu is a young lifestyle sharing platform to share positive energy and good life through the sharing of text, pictures and video. Xiaohongshu offers an overseas shopping tip app. Xiaohongshu started its business by helping overseas travelers to draft a shopping list before they hit the roads. But with the aggregation of more UGC contents, the service is transforming into a community for those who are passionate about fashion and shopping and want to know more about these fields even though they do not have overseas traveling plans on their schedules.
GoTo Group is the technology group formed by merging Gojek and Tokopedia.
Momenta is an autonomous driving startup operating out of Beijing. Its deep-learning based software in perception, HD semantic mapping, and data-driven path planning enables the realization of full autonomy. Momenta offers multi-level autonomous driving solutions as well as big data products and services. Momenta’s team is composed of some of the world’s top experts in computer vision and deep learning, including one of the authors of Faster R-CNN and ResNet, the most popular deep learning network, as well as winners of ImageNet 2015, MS COCO Challenge 2015, and ImageNet 2017. Momenta is leading the autonomous driving software space with advanced technical competence and a strong commitment to innovation.
ShareChat is an Indian social media startup. It offers the content consumption and sharing platform only in Indian vernacular languages to cater to over 1.17 billion wireless network users of India. It is available in 15 Indian languages. The company was founded in 2015 and is headquartered in Bangalore, Karnataka.
Private Equity Round in 2021
Ola is a mobile technology platform based in India that connects passengers with a variety of transportation options, including cabs, auto-rickshaws, bikes, and shuttle buses. Founded by Ankit Bhati and Bhavish Aggarwal in December 2010, the company operates its services through a mobile application available on Windows, Android, and iOS platforms. Ola's platform is designed to provide convenient and transparent ride-hailing services, enabling users to book city taxis, outstation travel, car rentals, and corporate travel. With its headquarters in Bengaluru and additional offices across the country, Ola aims to enhance urban mobility by offering a broad network of transportation solutions. Additionally, Ola Café focuses on delivering food from top-rated local restaurants to customers within 20 minutes, further diversifying the company’s offerings.
Private Equity Round in 2021
Waymo stands for a new way forward in mobility. it is a self-driving technology company with a mission to make it safe and easy for people and things to move around. Waymo improves transportation by building software and sensor technology developed in Google’s labs since 2009. In October 2015, they achieved the world’s first fully self-driving trip on public roads, in a car without a steering wheel or pedals. They refine Waymo technology through one billion miles of simulation testing each year, and the cars have self-driven over two million miles on public roads across four U.S. cities. It was founded in 2009 and is located in Mountain View, California.
Einride AB is a freight mobility company that specializes in the transportation of goods using innovative technologies. Founded in 2016 and headquartered in Stockholm, Sweden, with additional offices in Gothenburg and Palo Alto, Einride focuses on developing electric and autonomous logistics solutions. The company's flagship products include Einride Pods, which are electric trucks designed for transporting a variety of cargo, including pallets, timber, and perishable goods. Einride also provides clients with tools to plan, order, and track sustainable transport, aiming to redefine logistics through intelligent freight mobility solutions.
Private Equity Round in 2021
Arrive Logistics LLC, founded in 2014 and based in Austin, Texas, is a freight brokerage firm that provides comprehensive supply chain services to businesses. The company specializes in offering transportation management solutions that include GPS and online tracking, as well as carrier monitoring services. Arrive Logistics facilitates efficient communication through a single point of contact, supports carriers with a robust network, and provides 24/7 dispatch services. With a focus on enhancing the logistics experience for both shippers and carriers, Arrive Logistics leverages technology and financial resources to deliver exceptional service and capacity. The firm has expanded its operations to include additional offices in Chicago, Illinois, and Chattanooga, Tennessee, and has experienced significant growth since its inception, validating its approach to meeting the needs of high-volume shippers.
Momenta is an autonomous driving startup operating out of Beijing. Its deep-learning based software in perception, HD semantic mapping, and data-driven path planning enables the realization of full autonomy. Momenta offers multi-level autonomous driving solutions as well as big data products and services. Momenta’s team is composed of some of the world’s top experts in computer vision and deep learning, including one of the authors of Faster R-CNN and ResNet, the most popular deep learning network, as well as winners of ImageNet 2015, MS COCO Challenge 2015, and ImageNet 2017. Momenta is leading the autonomous driving software space with advanced technical competence and a strong commitment to innovation.
Duckbill is a logistics and transportation company that specializes in container trucking services, international freight forwarding, and warehousing solutions. By leveraging big data and artificial intelligence, Duckbill effectively manages its fleets to enhance operational efficiency and improve worker safety. The company focuses on providing standardized and large-scale transportation services, ensuring reliability and responsiveness in the logistics sector. Through its innovative technology-driven approach, Duckbill aims to streamline the supply chain process and meet the evolving needs of its clients.
Didi Freight
Series A in 2021
Didi Freight provides an Uber-like trucking service.
Omio operates a multi-modal travel booking platform that enables users to find and compare travel options by train, bus, and flight across Europe, the United States, and Canada. Founded in 2012 and based in Berlin, Germany, the platform is designed to help travelers identify the fastest, cheapest, and most convenient routes to their desired destinations. By integrating various data sources, Omio offers a comprehensive search tool that suggests nearby airports and train routes while estimating total travel time. Users can visualize and compare different travel options through a comparative chart that highlights cost and duration, facilitating informed long-distance travel planning. The platform focuses solely on long-distance travel, excluding urban public transport options.
CarTrade is a leading online automotive marketplace in India, facilitating the buying and selling of new and used vehicles. The platform operates across more than 80 cities and engages over 1,200 dealers through car auctions, allowing buyers and sellers to make informed decisions and access vehicles at competitive prices. CarTrade encompasses multiple brands, including CarWale, BikeWale, and Shriram Automall, and serves as a multi-channel auto platform connecting customers, dealers, original equipment manufacturers (OEMs), and other businesses. The company provides a comprehensive range of solutions for automotive transactions, encompassing marketing, financing, and various other services to streamline the vehicle exchange process.
DoorDash, Inc. is a logistics platform that connects merchants, consumers, and delivery personnel in the United States and internationally. Founded in 2013 and headquartered in San Francisco, the company facilitates restaurant food delivery services, allowing customers to order from local and national eateries through its app. DoorDash operates a marketplace that helps merchants enhance their online presence, manage customer acquisition, and streamline delivery processes. In addition to food delivery, the platform serves various businesses, including grocery, retail, and pet supply stores. The company has expanded its services into Europe through the acquisition of Wolt in 2022, reinforcing its commitment to building last-mile delivery infrastructure and transforming local commerce.
DoorDash, Inc. is a logistics platform that connects merchants, consumers, and delivery personnel in the United States and internationally. Founded in 2013 and headquartered in San Francisco, the company facilitates restaurant food delivery services, allowing customers to order from local and national eateries through its app. DoorDash operates a marketplace that helps merchants enhance their online presence, manage customer acquisition, and streamline delivery processes. In addition to food delivery, the platform serves various businesses, including grocery, retail, and pet supply stores. The company has expanded its services into Europe through the acquisition of Wolt in 2022, reinforcing its commitment to building last-mile delivery infrastructure and transforming local commerce.
Omio operates a multi-modal travel booking platform that enables users to find and compare travel options by train, bus, and flight across Europe, the United States, and Canada. Founded in 2012 and based in Berlin, Germany, the platform is designed to help travelers identify the fastest, cheapest, and most convenient routes to their desired destinations. By integrating various data sources, Omio offers a comprehensive search tool that suggests nearby airports and train routes while estimating total travel time. Users can visualize and compare different travel options through a comparative chart that highlights cost and duration, facilitating informed long-distance travel planning. The platform focuses solely on long-distance travel, excluding urban public transport options.
Ola is a mobile technology platform based in India that connects passengers with a variety of transportation options, including cabs, auto-rickshaws, bikes, and shuttle buses. Founded by Ankit Bhati and Bhavish Aggarwal in December 2010, the company operates its services through a mobile application available on Windows, Android, and iOS platforms. Ola's platform is designed to provide convenient and transparent ride-hailing services, enabling users to book city taxis, outstation travel, car rentals, and corporate travel. With its headquarters in Bengaluru and additional offices across the country, Ola aims to enhance urban mobility by offering a broad network of transportation solutions. Additionally, Ola Café focuses on delivering food from top-rated local restaurants to customers within 20 minutes, further diversifying the company’s offerings.
Rent the Runway is an e-commerce platform that enables women to rent, subscribe, or purchase designer apparel and accessories. Founded in 2008 and based in New York, the company offers a diverse selection of items including party dresses, gowns, jumpsuits, outerwear, and various accessories such as jewelry and handbags. Rent the Runway has transformed the fashion landscape by promoting the concept of renting over buying, aiming to make fashion more accessible and sustainable. The platform features options for different occasions, including work and special events, and operates through a subscription service, allowing users to access a "closet in the cloud." With partnerships with over 550 designers and a user base exceeding eight million, Rent the Runway employs approximately 1,200 people, with a significant proportion being women and minorities. The company has also established the Rent the Runway Foundation to support female entrepreneurs in their business endeavors.
Gojek, founded in 2010 and headquartered in Jakarta, Indonesia, operates as a Super App that offers a wide range of services, including food delivery, transportation, digital payments, shopping, and various on-demand services. Launched in 2015, the Gojek app has rapidly become the largest consumer transactional technology platform in Southeast Asia, driven by its focus on speed, innovation, and social impact. The company aims to empower the informal sector in the region while serving diverse markets such as transport, logistics, food, and entertainment. Gojek has established itself as a leading player in the on-demand economy, contributing significantly to the growth of digital services in Southeast Asia.
Private Equity Round in 2017
Meituan Bike (formerly Mobike) is a Chinese fully station-less bicycle-sharing system. It develops mobile apps for users to find and use bicycles to travel anywhere. Davis Wang Xiao Feng, Hu Wei Wei, and Xia Yi Ping founded Mobike on January 27, 2015, with its headquarters in Beijing, China. Mobike raised $600 million in Series E funding led by Tencent, bringing the firm's fundraising in 2017 alone to nearly US$1 billion in June 2017. It became worth US$3 billion in the same month. Chinese web company Meituan-Dianping acquired Mobike for US$2.7 billion in April 2018. Parent company Meituan-Dianping announced name change from Mobike to Meituan Bike on January 23, 2019 as part of an ongoing integration.
CarTrade is a leading online automotive marketplace in India, facilitating the buying and selling of new and used vehicles. The platform operates across more than 80 cities and engages over 1,200 dealers through car auctions, allowing buyers and sellers to make informed decisions and access vehicles at competitive prices. CarTrade encompasses multiple brands, including CarWale, BikeWale, and Shriram Automall, and serves as a multi-channel auto platform connecting customers, dealers, original equipment manufacturers (OEMs), and other businesses. The company provides a comprehensive range of solutions for automotive transactions, encompassing marketing, financing, and various other services to streamline the vehicle exchange process.
Nio Limited is a prominent electric vehicle manufacturer based in Shanghai, China, focusing on the premium segment of the market. Founded in 2014, the company designs, jointly manufactures, and sells smart electric vehicles, including five, six, and seven-seater SUVs. Nio is recognized for its innovative technology, including battery swapping and autonomous driving features, which enhance user experience. Its model lineup includes the ES8, a high-performance seven-seater SUV launched in 2018, the ES6 five-seater SUV, and the EC6 electric coupe SUV. The company also provides a range of charging solutions, such as home charging, battery swapping services, and mobile charging options, alongside value-added services like insurance and maintenance. In addition to its electric vehicle offerings, Nio collaborates with organizations like Mobileye N.V. to advance its technology. As of 2023, Nio has sold over 160,000 electric vehicles, capturing approximately 2% of the new energy vehicle market in China.
SMRT Corporation Ltd is an investment holding company based in Singapore that provides a range of multi-modal land transport services both locally and internationally. It operates across several segments, including Rail Operations, which manages the North-South-East-West and circle lines of the mass rapid transit system, as well as the Bukit Panjang light rapid transit system. The Bus Operations segment offers approximately 102 public bus services with a fleet of around 1,200 buses, while the Taxi Operations segment manages about 3,500 taxis and provides related rental services. Additionally, the company engages in commercial space leasing, advertising, engineering consultancy, and other support services. SMRT also operates a fleet of buses for charter services and runs an educational institution focused on transport-related training. Founded in 1987, SMRT Corporation Ltd is a subsidiary of Temasek Holdings (Private) Limited.
CarTrade is a leading online automotive marketplace in India, facilitating the buying and selling of new and used vehicles. The platform operates across more than 80 cities and engages over 1,200 dealers through car auctions, allowing buyers and sellers to make informed decisions and access vehicles at competitive prices. CarTrade encompasses multiple brands, including CarWale, BikeWale, and Shriram Automall, and serves as a multi-channel auto platform connecting customers, dealers, original equipment manufacturers (OEMs), and other businesses. The company provides a comprehensive range of solutions for automotive transactions, encompassing marketing, financing, and various other services to streamline the vehicle exchange process.
Private Equity Round in 2015
Didi Chuxing is a mobile transportation platform that offers app-based transportation services. The company offers a mobile tech-based mobility option for users across, including taxi hailing, private car-hailing, Hitch (social ride-sharing), DiDi Chauffeur, DiDi Bus, DiDi Test Drive, DiDi Car Rental, and DiDi Enterprise Solutions. As a practitioner in the sharing economy initiative, DiDi is committed to working with communities and partners to solve transportation, environmental challenges, and employment problems using big data-driven deep-learning algorithms that optimize resource allocation. Bo Zhang and Wei Cheng established the company in 2012 in Beijing, Beijing.
Airbnb is a global platform that facilitates the booking of unique accommodations and experiences, connecting hosts with guests through its website and mobile applications. Founded in 2007 and headquartered in San Francisco, the company allows users to discover a diverse range of listings, including private rooms, luxury villas, and unconventional spaces such as castles and sailboats. With over 8 million active listings in more than 65,000 cities across 191 countries, Airbnb serves a wide array of travelers seeking authentic experiences at various price points. The company's revenue primarily comes from transaction fees associated with online bookings, with a significant portion generated from North America. By streamlining the process of listing and reserving accommodations, Airbnb has established itself as a leading alternative accommodation provider in the travel industry.
Didi Chuxing is a mobile transportation platform that offers app-based transportation services. The company offers a mobile tech-based mobility option for users across, including taxi hailing, private car-hailing, Hitch (social ride-sharing), DiDi Chauffeur, DiDi Bus, DiDi Test Drive, DiDi Car Rental, and DiDi Enterprise Solutions. As a practitioner in the sharing economy initiative, DiDi is committed to working with communities and partners to solve transportation, environmental challenges, and employment problems using big data-driven deep-learning algorithms that optimize resource allocation. Bo Zhang and Wei Cheng established the company in 2012 in Beijing, Beijing.