LoadShare Networks

Loadshare is a startup that provides logistical software solutions focusing on first-mile, line-haul, and last-mile delivery services. 

LoadShare's mission is to offer best-in-class industry solution by enabling the small and medium enterprises (SME) in logistics with technology.

LoadShare was founded in 2017 by Raghuram Talluri, Tanmoy Karmakar and Rakib Ahmed. The company is headquartered in Bangalore, Karnataka, India.

 

Loadshare claims to run an asset-light business and largely focuses on regional transportation of goods for tech companies like Swiggy, Flipkart and Amazon, and FMCG firms like Hindustan Unilever and Procter & Gamble.

 

Loadshare has expanded its scope of operations to now having a significant presence in quick delivery of food and grocery, and dark store operations, in addition to the original business lines of a regional ecommerce and partial truckload operations.

 

Loadshare delivers more than 2,50,000 orders per day on the last mile, and over 400 tonnes per day in regional trucking across 18 states.

 

LoadShare is backed by Tiger Global, Beenext, Matrix Partners, CDC Group Plc, Stellaris Venture Partners, Alteria Capital, Filter Capital, 57 Stars, and others. The company raised $40M in Series C round on Feb 01, 2022. This brings LoadShare's total funding to $61.3M to date.

 

 

  • Year founded: 2017
  • Funding Info: $61.3M over 5 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: NA
  • City/Town: Bangalore
  • State: Karnataka
  • Country: India
Related businesses