# Freight Tiger

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/freight-tiger

- Industry: Software
- Headquarters: Mumbai, India
- Website: www.freighttiger.com
- Total disclosed funding: $22M
- Latest round: Series B (May 26, 2022)
- Investors on record: 8

## About

Freight Tiger, based in Mumbai, India, offers a digital freight network and transportation management system (TMS) that optimizes freight operations for shippers and logistics providers, ensuring efficiency and transparency in the supply chain.Founded in 2014 in Mumbai, India, Freight Tiger specializes in freight management solutions. The company has raised a total of INR 1,500 mn through various funding rounds, with the latest being a TRADE SALE deal in October 2023 where Tata Motors acquired a minority stake. The CEO and Founder, Swapnil Shah, has a background in entrepreneurship, although details of other ventures are not specified.Freight Tiger provides a digital freight network and TMS that manages freight operations from planning to invoicing. Its platform integrates over 4,000 transport and logistics service providers in India, enabling users to track performance and optimize logistics processes across various sectors, particularly catering to B2B services.In the most recent fiscal year of 2022, Freight Tiger reported revenue of INR 2,030,932.20 and an EBITDA of INR -4,663,638.60, reflecting the company's operational focus and investment in growth strategies.Following the recent investment from Tata Motors, which will enhance efficiencies in the truck and freight ecosystem, Freight Tiger aims to expand its services further into new geographic regions and markets. While specific product launches are not detailed, the funding will support the development of advanced features in their TMS and enhance the digital freight network capabilities. The company is focused on leveraging this investment to better serve its clients and improve operational efficiency.

## Funding rounds

- Series B, May 26, 2022, $4.1M — EPS Ventures
- Series B, Sep 2, 2021, $6.1M — Florintree, Pawan Munjal Family Trust, RA Hospitality Holdings
- Series B, Mar 31, 2020, $4.8M — Lightspeed Venture Partners, Moonstone Investments, Pawan Munjal Family Trust
- Series A, Jul 23, 2019, $3.5M — Lightspeed Venture Partners, Alsthom Industries Ltd, Pawan Munjal Family Trust
- Series A, Sep 12, 2017, $3.6M — Lightspeed Venture Partners, Shriram Transport Finance Company Limited

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A, Series B
- Shriram Transport Finance Company Limited — Series A
- Alsthom Industries Ltd — Series A
- Pawan Munjal Family Trust — Series A, Series B
- Moonstone Investments — Series B
- Florintree (https://capitalatlas.ai/funds/florintree) — Series B
- RA Hospitality Holdings — Series B
- EPS Ventures (https://capitalatlas.ai/funds/eps-ventures) — Series B