ElasticRun Revenue and Competitors

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Pune, India

Location

$434.8M

Total Funding

Estimated Revenue & Valuation

  • ElasticRun's estimated annual revenue is currently $1.1B per year.(i)
  • ElasticRun's estimated revenue per employee is $469,040
  • ElasticRun's total funding is $434.8M.
  • ElasticRun's current valuation is $1.5B. (February 2022)

Employee Data

  • ElasticRun has 2325 Employees.(i)
  • ElasticRun grew their employee count by 157% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$1244.5M1225042%$1.5B$3.1B

ElasticRun is an asset light, variable capacity transportation network. It is addressing key challenges faced by the Indian transportation industry around high demand variability and high fixed setup costs. ElasticRun technology platform can build aggregated transportation capacity precisely in tune with the variations in demand. It eliminates fixed set up costs by aggregating resources across channels. It helps its customers reduce transportation spend by eliminating wastage in transportation capacity and run zero capex transportation function.

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$434.8M

Total Funding

2325

Number of Employees

$1.1B

Revenue (est)

157%

Employee Growth %

$1.5B

Valuation

N/A

Accelerator

ElasticRun News

2021-04-30 - Kirana Commerce Platform ElasticRun Raises $75M In Series D Funding Round

ElasticRun, a Pune-based Kirana commerce platform for rural areas, has raised $75 million (about Rs 550 crore) in a Series D round led by Avataar Ventures, Prosus Ventures, and Kalaari Capital. As per the startup, it will use the raised funds to expand its reach further into rural markets, enab ...

2021-04-29 - ElasticRun raises $75 million led by existing investors

ETtechIllustration: Rahul Awasthi Corner-stores commerce platform ElasticRun has raised $75 million, led by existing investors Avataar Ventures and Prosus Ventures, and participation from Kalaari Capital. The latest round values the company at $400 million post-money and will help expand its r ...

2019-10-30 - Logistics startup ElasticRun raises $40 million to expand to new geographies

ElasticRun raised $40 million from Prosus Ventures, which was formerly called Naspers Ventures. The startup is currently present in 200 cities in India. This year, two logistics startups Delhivery and Rivigo have achieved unicorn status. Pune-based logistics firm ElasticRun raised $40 million fr ...

2019-09-08 - Indian logistics startup ElasticRun in talks to raise USD 55 ...

South African investor Naspers is reportedly in talks to invest USD 50 – 55 million in Indian logistics startup ElasticRun at a 250 million dollars ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$275.4M271316%N/A
#2
$1464.6M335881%$602.4M
#3
$317.1M409242%N/A
#4
$600.3M612520%N/A
#5
$720.6M71709%N/A