# InfraPrime Logistics Technologies Private

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

- Industry: Logistics & Distribution
- Headquarters: Gurgaon, India
- Website: www.infraprimelogistics.com
- Total disclosed funding: $2.3M
- Latest round: Series A (Oct 17, 2019)
- Investors on record: 2

## About

InfraPrime Logistics Technologies focuses on developing and deploying electric heavy-duty commercial vehicles for infrastructure projects. Their innovative solutions enhance logistics efficiency across various sectors, particularly construction and transportation.InfraPrime Logistics Technologies Private Limited, founded in 2017 in Gurgaon, India, specializes in electric heavy-duty commercial goods carriers aimed at infrastructure development. The company has completed a total of 6 deals, with the most recent one occurring on June 5, 2020, during a SERIES A funding round where they raised INR 165.370 mn from investors including Foundamental and Leo Capital. Currently, InfraPrime is valued at INR 2171.545 mn. The CEO is Abhishek Dadhichi, with Subodh Yadav also in a leadership role. Founder Chetan Singhal has a history in the logistics sector, contributing to the company’s strategic directions.InfraPrime Logistics Technologies (IPLT) specializes in the development and deployment of electric heavy-duty commercial goods carriers, primarily focused on infrastructure projects. They operate a fleet of 55 MT electric tractor-trailers for construction material delivery, inter-warehouse transportation, and operations in mines and ports. Utilizing advanced data-driven vehicle management systems, IPLT enhances operational efficiency with real-time navigation and traffic updates. Their platform is utilized by over 5,000 fleet operators, ensuring competitive rates and consistent operations across diverse geographical markets in India, with plans for further expansion.In the most recent financial year of 2021, IPLT reported revenue of INR 11,302,932 and an EBITDA of INR 104,657.1. The company employs a subscription-based model that allows fleet operators access to their platform and electric vehicle technology. Clients, primarily from the construction and logistics sectors, benefit from a 30% reduction in operating expenses and a 95% on-time delivery rate, facilitating regular orders through a just-in-time delivery approach.InfraPrime Logistics Technologies aims to enhance its product offerings and expand into new markets. They are currently designing additional electric vehicle models tailored for different logistics needs, with expected launches in the coming year. The latest SERIES A funding round of INR 165.370 mn will support these product developments and assist in their expansion into regions beyond India, targeting key infrastructure projects in Southeast Asia by 2023.

## Funding rounds

- Series A, Oct 17, 2019, $2.3M — Leo Capital, Foundamental

## Investors

- Leo Capital (https://capitalatlas.ai/funds/leo-capital) — Series A
- Foundamental (https://capitalatlas.ai/funds/foundamental) — Series A