# Epictus Logistics Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/epictus-logistics-pte

- Industry: Logistics & Distribution
- Headquarters: Bangalore, India
- Website: www.vahak.in
- Total disclosed funding: $19M
- Latest round: Series A (Aug 17, 2022)
- Investors on record: 9

## About

Epictus Logistics Pte Ltd operates as an online transport marketplace, specializing in connecting truck owners, transporters, and consignors across India through a user-friendly mobile app and web portal.Founded in 2017 in Bangalore, India, Epictus Logistics Pte Ltd focuses on streamlining logistics by facilitating truck bookings. The company has raised a total of USD 13.48 mn in financing, with its latest round being a Series A on August 17, 2022, attracting investments from Foundamental, Leo Capital, Nexus Venture Partners, RTP Global, Sage Hill Capital, Titan Capital, and iSeed Ventures. Karan Shaha and Vikas Chandrawat are the founders, with Karan Shaha serving as CEO. The company has completed 4 deals to date and is valued at USD 72.245 mn.Epictus Logistics, through its Vahak platform, offers an online transport marketplace that connects truck owners, transporters, and consignors. Users can book trucks, trailers, and containers, using a mobile app and web portal designed for seamless load and vehicle bookings. With access to a wide network of over 10,000 transport businesses, Vahak addresses logistical challenges for shippers and small to medium business owners, allowing users to post inquiries and bid on loads across major Indian cities such as New Delhi, Mumbai, Bengaluru, and Kolkata.In the most recent fiscal year of 2022, Vahak reported revenue of USD 0 mn, while its EBITDA for the same year was USD 6,760.5 mn. The company operates on a commission-free model for transaction-based activities, providing clients with direct booking services for transportation without additional fees, thereby attracting a diverse client base in the logistics sector.Following the Series A funding round in August 2022, Epictus Logistics plans to utilize the USD 13.48 mn raised to expand its user base and enhance its technological infrastructure. The company aims to introduce additional value-added services while targeting expansion into new markets within India. Specific geographic regions for expansion have not been disclosed, nor have upcoming product launches been specified.

## Funding rounds

- Series A, Aug 17, 2022, $13M — Nexus Venture Partners, RTP Global, iSeed Ventures, Titan Capital, Leo Capital, Foundamental, Sage Hill Capital
- Seed, Jul 21, 2021, $5.3M — Luxor Capital Group, RTP Global, Leo Capital
- Seed, Feb 10, 2021, $0.6M — Leo Capital
- Seed, Oct 19, 2020, $0.2M — Leo Capital, Sprout Investments

## Investors

- Leo Capital (https://capitalatlas.ai/funds/leo-capital) — Seed, Series A
- Sprout Investments — Seed
- Luxor Capital Group (https://capitalatlas.ai/funds/luxor-capital-group) — Seed
- RTP Global (https://capitalatlas.ai/funds/rtp-global) — Seed, Series A
- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Series A
- iSeed Ventures (https://capitalatlas.ai/funds/iseed-ventures) — Series A
- Titan Capital — Series A
- Foundamental (https://capitalatlas.ai/funds/foundamental) — Series A
- Sage Hill Capital — Series A