NTEx Transportation Services Pvt

Logistics & DistributionSeries EPune, Indiaelastic.run

Latest round

Series E

Last raised

Feb 2022

Total raised

$431M

Investors

9

About NTEx Transportation Services Pvt

Founded in 2016 and based in Pune, India, NTEx Transportation Services Pvt Ltd trading under the name ElasticRun operates as a provider of logistics and distribution platform that enables users to run transportation and supply chain systems through asset-light mode to reach small deep rural parts of India. The company was founded by Sandeep Deshmukh (CEO), Shitiz Bansal, and Saurabh Nigam.85 million post-money. ElasticRun acts as an extended arm of FMCG companies’ direct distribution networks by offering a B2B eCommerce platform that enables access to rural Indian kirana shops in rural parts of India. ElasticRun also plans to use the proceeds to expand its services nationally like credit facilities for retailers to enhance the value and experience offered by the kirana stores to their customers.

Who invested in NTEx Transportation Services Pvt

9 investors across 6 rounds

See all investors in NTEx Transportation Services Pvt

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Funding rounds

  1. Series E

    Feb 15, 2022

    Amount

    $300M

    Investors

    Locked

  2. Series D

    Apr 29, 2021

    Amount

    $76M

    Investors

    Locked

  3. Series C

    Oct 23, 2019

    Amount

    $39M

    Investors

    Locked

  4. Series B

    Aug 8, 2018

    Amount

    $8.4M

    Investors

    Locked

  5. Series A

    Mar 31, 2017

    Amount

    $5.2M

    Investors

    Locked

  6. Seed

    May 18, 2016

    Amount

    $2M

    Investors

    Locked

Questions about NTEx Transportation Services Pvt

Who invested in NTEx Transportation Services Pvt?

NTEx Transportation Services Pvt has 9 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has NTEx Transportation Services Pvt raised?

NTEx Transportation Services Pvt has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did NTEx Transportation Services Pvt last raise money?

NTEx Transportation Services Pvt's most recent round on record is a Series E, in Feb 2022.

What does NTEx Transportation Services Pvt do?

Founded in 2016 and based in Pune, India, NTEx Transportation Services Pvt Ltd trading under the name ElasticRun operates as a provider of logistics and distribution platform that enables users to run transportation and supply chain systems through asset-light mode to reach small deep rural parts of India.

Where is NTEx Transportation Services Pvt headquartered?

NTEx Transportation Services Pvt is headquartered in Pune, India.

Which VCs invest in companies like NTEx Transportation Services Pvt?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back logistics & distribution companies at NTEx Transportation Services Pvt's stage. Their profiles are linked below.

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