# BTJ Logistics Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/btj-logistics-private

- Industry: Software
- Headquarters: Mumbai, India
- Website: www.freightwalla.com
- Total disclosed funding: $4.8M
- Latest round: Series A (Dec 10, 2019)
- Investors on record: 6

## About

BTJ Logistics Private Limited specializes in providing digital freight forwarding solutions, enhancing logistics operations for businesses involved in international trade by simplifying processes and improving communication.Founded in 2016 in Mumbai, India, BTJ Logistics Private Limited focuses on digital freight forwarding. The company has raised a total of USD 4.00 mn through its SERIES A funding round in August 2021, with investments from notable firms such as Amplo, FJ Labs, Kae Capital, Rogue One Capital, and Tekton Ventures. The firm has conducted five investment deals since inception. The founders, Bharat Thanvi and Sanjay Bhatia, have a background in logistics, but specific details of any prior firms they founded are not available.Freightwalla primarily offers digital freight forwarding solutions that streamline logistics operations for businesses engaged in international trade. Their core offerings include instant online quotations for freight services, real-time cargo tracking, and comprehensive documentation management that reduces the time spent on paperwork by up to 30%. The services aim to address pain points in the logistics process, ensuring timely information, compliance with shipping regulations, and effective communication between freight forwarders and clients. The company's digital platform targets international markets, including the United States, Europe, Turkey, and various regions in Asia, facilitating a more efficient and transparent logistics experience.In 2022, BTJ Logistics Private Limited reported a revenue of USD 19,456,015.80, with an EBITDA of USD -545,673.70, reflecting the company's ongoing investment in operational growth and digital capabilities.Following the SERIES A funding round on August 25, 2021, BTJ Logistics plans to utilize the raised funds to develop new products aimed at enhancing user experience and efficiency within its logistics services. The company is also focused on expanding its operations into new markets across Southeast Asia and Europe by the end of 2023, thereby increasing its geographical footprint and client base.

## Funding rounds

- Series A, Dec 10, 2019, $4M — Kae Capital, Tekton Ventures, FJ Labs, Amplo, Rogue One Capital
- Seed, Apr 30, 2018, $0.8M — Kae Capital, Tekton Ventures, Kalysta Capital

## Investors

- Kae Capital (https://capitalatlas.ai/funds/kae-capital) — Seed, Series A
- Tekton Ventures (https://capitalatlas.ai/funds/tekton-ventures) — Seed, Series A
- Kalysta Capital (https://capitalatlas.ai/funds/kalysta-capital) — Seed
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series A
- Amplo (https://capitalatlas.ai/funds/amplo) — Series A
- Rogue One Capital — Series A