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Consumer Series C Founded 2017

Fleetx

Fleetx provides an AI-powered fleet and transportation management platform that serves as an intelligence layer for physical operations across fleets and supply chains. Built natively on AI and IoT, the platform offers five integrated products: Transport Management System for end-to-end freight planning and settlement, Video and Camera for risk detection, Fleet Visibility for real-time vehicle tracking, Fuel…

📍 Gurugram, India · Road Transport Tech,

Funding snapshot

Last roundSeries C
Amount$8M
Date24 May 2025
Total raised$34M
Valuation149,273,058 (May 24, 2025)
Team size407

About

Fleetx provides an AI-powered fleet and transportation management platform that serves as an intelligence layer for physical operations across fleets and supply chains. Built natively on AI and IoT, the platform offers five integrated products: Transport Management System for end-to-end freight planning and settlement, Video and Camera for risk detection, Fleet Visibility for real-time vehicle tracking, Fuel Monitoring for loss prevention, and Transport ERP for running entire operations from a single screen. The platform processes billions of data points daily and generates millions of AI predictions, enabling automated operations and cost reductions. Fleetx serves Fortune 500 logistics leaders including FlixBus, ArcelorMittal Nippon Steel, and major FMCG companies, tracking vehicles across multiple countries with 99% uptime SLA. Founded in 2017 and headquartered in Gurugram, India, the company has raised approximately $34.2M in Series C funding from investors including Beenext, India Quotient, Titan Capital, IndiaMART, and Stride Ventures.

Business model

Road Transport Tech > Fleet Management > End to End,

Logistics Tech > Freight > Trucking > Technology Enablers > Fleet Management > End to End,

Connected Vehicles > Vehicle Telematics > Fleet Management

Institutional investors

Beenext India Quotient Titan Capital Waveform Venture LetsVenture IndiaMART Delite 21st Century Equipent Lap Travel Yb Software Stride Ventures First Cheque All In Capital Wellfound Rohit Bansal Rajesh Ranavat

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