# Wheelocity Fresh Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wheelocity-fresh-private

- Industry: Logistics & Distribution
- Headquarters: Chennai, India
- Website: www.wheelocity.com
- Total disclosed funding: $9.9M
- Latest round: Series A (Nov 11, 2024)
- Investors on record: 3

## About

Founded in 2021 and based in Chennai, India, Wheelocity Fresh Private Limited operates as a supply chain company that provides fresh produce through an entrepreneurial and engineering-based approach. In November 2024, Wheelocity Fresh Private Limited raised an undisclosed amount of series A funding led by returning investor Lightspeed Venture Partners, with participation from new investor Alteria Capital. Another returning investor Anicut Capital and the company's management also participated in the round. The round was part of a larger USD 15 million debt and series A funding. Moreover, the company was co-founded by Selvam VMS (CEO), Senthil kumar A, Cdr. Amresh Singh, and Sumit Pilankar. As of 2024, Wheelocity has more than 350 employees. Wheelocity Fresh Private Limited supplies fresh fruits, vegetables, dairy, seafood, meat and poultry to quick commerce companies including Ola, Zepto, Zomato, Blinkit, Dunzo, meesho, Ninjacart, Waycool, and Swiggy Instamart. The company has the ability to enable its customers to launch in less than a week through the help of its integrated network of collection centers, fulfillment and distribution centers, last-mile hubs, dark stores, and logistics services. Wheelocity is operational in more than 12 cities and it handles close to 700 tonnes of fruit and vegetable supplies each day. The company generates revenue through its plug-and-play models for its business-to-business (B2B) customers. The company will use the funding to expand its technology stack and grow teams in key areas including category, operations, product, and supply chain.

## Funding rounds

- Series A, Nov 11, 2024 — Lightspeed Venture Partners, Anicut Capital, Alteria Capital
- Series A, May 25, 2022, $9.9M — Lightspeed Venture Partners, Anicut Capital

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A
- Anicut Capital (https://capitalatlas.ai/funds/anicut-capital) — Series A
- Alteria Capital (https://capitalatlas.ai/funds/alteria-capital) — Series A