Smart Express Private Limited

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Smart Express Private Limited - overview

Established

2018

Location

New Delhi, -, India

Primary Industry

Logistics & Distribution

About

Based in Mumbai, India, and founded in 2018 by Yogesh Dhingra and Nikhil Kumar Saxena, Smart Express provides delivery services. The company's founder Yogesh Dhingra was the former CFO, COO, and CSO of Blue Dart Express. In August 2021, Smart Express raised Seed funding from IIFL Asset Management and Smiti Holding & Trading Co. Smart Express provides air express AM/PM deliveries through its product range such as AirLite Express, AirSecure Express, AirPackage Express Premium, AirPackage Express Economy, Ground Package Express Saver, E-Tail Express Forward, and E-Tail Express Reverse.


During the fiscal year ending December 2020, the company generated approximately INR 10 million in revenue. As of 2021, Smart Express plans to begin operations in approximately 30 cities during the holiday season this year. The company aims to build over 300 centers across India over the next three years, including its own PUD service centers, transit hubs, and alliance partners.


Current Investors

Smiti Holding & Trading Co.

Primary Industry

Logistics & Distribution

Sub Industries

Courier & Delivery Services, Freight Transportation Services, Logistics Software

Website

www.smartr.in

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Smart Express Private Limited - timeline of key events

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Smart Express Private Limited - financials

Fiscal Year EndedMar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023Mar 31, 2024
Revenue (USD)------
% Revenue Growth (YoY)------
EBITDA (USD)(269,831)(1,821,207)(16,150)---
Operating Income (USD)(269,831)(1,821,207)(16,150)---
Operating Margin------
% EBITDA Margin------
NET Income (USD)(202,635)(1,820,505)(33,266)---
% Net Margin------

Smart Express Private Limited - employee data

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