# Loadshare Networks Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/loadshare-networks-pvt

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.loadshare.net
- Total disclosed funding: $65M
- Latest round: Series C (Jan 28, 2022)
- Investors on record: 11

## About

Loadshare Networks Pvt. Ltd. is an Indian logistics company focused on providing comprehensive technology-driven logistics solutions to businesses, enhancing delivery efficiency across various sectors.Founded in 2017, Loadshare Networks Pvt. Ltd. operates from its headquarters in Bangalore, India. The company specializes in logistics services, including intercity and intracity distribution, reverse logistics, and warehousing. Raghuram Talluri, one of the founders, leads the company as CEO. Loadshare has successfully completed a total of 9 deals, with its latest funding round being a Series C, raising INR 2739.004 mn led by Tiger Global Management, contributing to a total amount raised of INR 2739.004 mn and a current company valuation of INR 18650.986 mn.LoadShare Networks provides a wide array of logistics solutions tailored for the food and beverage and grocery sectors. Their services encompass intercity and intracity distribution, warehousing, and fulfillment, operating with various delivery models such as hyperlocal, same-day delivery, and next-day delivery. The company serves over 200 clients across more than 10,000 pin codes in India, focusing on major metropolitan areas and expanding into Tier 1 cities and remote regions, particularly in the East and North East.In the most recent fiscal year 2023, LoadShare Networks reported a revenue of INR 47911710.9 and an EBITDA loss of INR 13435291.6. Their revenue model is based on B2B partnerships, offering customizable logistics solutions that help clients optimize their supply chains through various service agreements and delivery charges.Loadshare Networks Pvt. Ltd. plans to enhance its service offerings and expand into new geographic regions, focusing on increasing its reach in both urban and rural markets across India. Recent funding will support the development of new logistics products and improved technology solutions to streamline operations. The company has also raised an undisclosed amount of venture funding from investor Pivot Ventures to facilitate these growth initiatives.

## Funding rounds

- Series C, Jan 28, 2022, $37M — Matrix Partners, British International Investment, 57 Stars, Tiger Global Management, IndiaMART InterMESH Ltd., Filter Capital India Advisors, Patni Family Office
- Series B, Mar 17, 2021, $0.2M — Alteria Capital, Stride Ventures
- Series B, May 4, 2020, $13M — Matrix Partners, British International Investment, BEENEXT, Stellaris Venture Partners, Alteria Capital
- Series B, Mar 31, 2020, $2.2M — Matrix Partners, British International Investment, BEENEXT, Stellaris Venture Partners, Alteria Capital
- Series B, Dec 9, 2019, $7.7M — Matrix Partners, BEENEXT
- Series A, Mar 28, 2018, $3.9M — Matrix Partners, Stellaris Venture Partners, Alteria Capital
- Seed, Mar 7, 2017, $0.9M — Matrix Partners

## Investors

- Matrix Partners (https://capitalatlas.ai/funds/matrix-partners) — Seed, Series A, Series B, Series C
- Stellaris Venture Partners (https://capitalatlas.ai/funds/stellaris-venture-partners) — Series A, Series B
- Alteria Capital (https://capitalatlas.ai/funds/alteria-capital) — Series A, Series B
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Series B
- British International Investment — Series B, Series C
- Stride Ventures — Series B
- 57 Stars (https://capitalatlas.ai/funds/57-stars) — Series C
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series C
- IndiaMART InterMESH Ltd. — Series C
- Filter Capital India Advisors (https://capitalatlas.ai/funds/filter-capital-india-advisors) — Series C
- Patni Family Office — Series C