ElasticRun Revenue and Competitors
Estimated Revenue & Valuation
- ElasticRun's estimated annual revenue is currently $1.1B per year.
- 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)
- ElasticRun has 2325 Employees.
- ElasticRun grew their employee count by 157% last year.
What Is ElasticRun?
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.keywords:N/A
Number of Employees
Employee Growth %
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 ...
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 ...
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 ...
South African investor Naspers is reportedly in talks to invest USD 50 – 55 million in Indian logistics startup ElasticRun at a 250 million dollars ...
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