About
The logistics sector in India is rapidly evolving, particularly with the rise of tech-driven startups that are transforming traditional logistics practices. This ecosystem includes various segments such as freight forwarding, last-mile delivery, warehousing and supply chain management.
Startups in this space leverage technology to enhance efficiency, reduce costs and improve service delivery across the logistics chain.
The Indian logistics market, valued at $107.2 Bn in FY23, is projected to grow significantly, reaching $159.5 Bn by FY28, with a compounded annual growth rate (CAGR) of 8-9%, according to a recent report by Motilal Oswal.
This growth is fuelled by advertisements in technology and an increasing focus on digitalisation within the sector, which is essential for addressing modern supply chain challenges and improving operational efficiencies.
According to data compiled by Inc42, startups in the logistics sector have raised $5.53 Bn between 2014 and 2024, making the sector the least investor favourite.
ElasticRun, Delhivery and Blackbuck are the three unicorns within the logistics space.
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FAQs on Logistics
What is the total funding raised by startups in Logistics sector?
Companies in the Logistics sector have collectively raised a total funding amount of $11.85 billion across 635 funding rounds.
Which funding round is most common in the Logistics sector?
The Late Stage is the most frequent funding stage for companies in the Logistics sector, with the majority of deals occurring at this stage.
Which location dominates funding in the Logistics sector?
Gurugram is the top location for funding activity in the Logistics sector, attracting significant investor interest.
What is the total acquisition amount in the Logistics sector?
Companies in the Logistics sector have seen acquisitions worth a total of $826.5 Mn, with Future Supply Chain Solutions being the top acquirer and Spoton being the most notable acquisition.