
ElasticRun
Founded Year
2016Stage
Series E | AliveTotal Raised
$432.11MValuation
$0000Last Raised
$300M | 3 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+40 points in the past 30 days
About ElasticRun
ElasticRun is a business-to-business (B2B) e-commerce platform focused on connecting brands and services. The company facilitates the distribution of fast-moving consumer goods (FMCG) and grocery products through a network of small stores and enables business-to-consumer (B2C) e-commerce companies to reach rural customers with its logistics network. ElasticRun assists banking institutions in extending financial services to rural consumers by leveraging technology, data, and artificial intelligence (AI) for supply and demand aggregation. It was founded in 2016 and is based in Pune, India.
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Research containing ElasticRun
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned ElasticRun in 1 CB Insights research brief, most recently on Mar 15, 2022.

Mar 15, 2022 report
The Retail Tech 100: The top retail tech companies of 2022Expert Collections containing ElasticRun
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
ElasticRun is included in 3 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
4,049 items
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Unicorns- Billion Dollar Startups
1,249 items
Retail Tech 100
100 items
The most promising B2B tech startups transforming the retail industry.
Latest ElasticRun News
Oct 29, 2024
Mumbai, 29 October 2024: ElasticRun, a leading B2B e-commerce platform, today announced its financial results for fiscal year 2024; reporting significant progress toward profitability, reducing losses by almost half . This improvement underscores the company’s [...] The post FY24 Financial Highlights: ElasticRun’s Strategic Pivot Enhances Market Leadership appeared first on Business News This Week.
ElasticRun Frequently Asked Questions (FAQ)
When was ElasticRun founded?
ElasticRun was founded in 2016.
Where is ElasticRun's headquarters?
ElasticRun's headquarters is located at Sr. No. 165, Near Kokane Chowk, Pimple Saudagar, Pune.
What is ElasticRun's latest funding round?
ElasticRun's latest funding round is Series E.
How much did ElasticRun raise?
ElasticRun raised a total of $432.11M.
Who are the investors of ElasticRun?
Investors of ElasticRun include Prosus Ventures, SoftBank, InnoVen Capital, Goldman Sachs, Chimera Investments and 6 more.
Who are ElasticRun's competitors?
Competitors of ElasticRun include Rivigo and 2 more.
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Compare ElasticRun to Competitors

Shiprocket is an eCommerce enablement platform that focuses on providing logistics and shipping solutions to digital retailers. The company offers services such as automated shipping, cross-border delivery, and warehousing, as well as tools for customer communication and marketing. Shiprocket primarily serves the eCommerce industry, offering solutions to SMEs, D2C retailers, and social commerce retailers. Shiprocket was formerly known as Kartrocket. It was founded in 2012 and is based in Gurugram, India.

OnTruck is a digital transportation company specializing in efficient and low-carbon freight transportation solutions. The company offers AI-powered software that connects to management systems to address real-world road transport challenges, alongside services that ensure timely and secure delivery of pallets, parcels, and packages. OnTruck primarily serves businesses requiring freight transportation, offering features like real-time tracking, digital documentation, and a transportation price calculator to optimize operations and reduce costs. It was founded in 2016 and is based in Madrid, Spain.

Yimidida offers a cloud-based logistic service provider. The company enables its customers to deliver products of any size to various places throughout China. It also offers payment collection, delivery tracking, transport insurance, return receipts, and more. It was founded in 2015 and is based in Shanghai, China.

Loadsmart specializes in logistics and transportation services, focusing on freight brokerage and technology solutions. The company offers a suite of services including managed transportation, next-generation transportation management systems (TMS), and dock scheduling software, all designed to optimize freight operations and enhance efficiency. Loadsmart's products cater to shippers, carriers, and warehouses, providing tools for freight procurement, real-time tracking, and asset visibility. Loadsmart was formerly known as Disruptive Logistics, LLC. It was founded in 2014 and is based in Chicago, Illinois.

LetsTransport operates as a logistics solution provider focused on last-mile delivery within the urban logistics sector. The company aggregates light commercial vehicles to offer logistics services, including customized solutions for intra-state deliveries. LetsTransport primarily serves enterprises in sectors such as organized retail, FMCG, e-commerce, distribution, and third-party logistics. It was founded in 2015 and is based in Bengaluru, India.
Ezyhaul is a technology company that focuses on transforming the road freight industry. The company offers an online platform that allows clients to make hassle-free bookings for a wide range of ground transport and services, including domestic short haul, long haul, distribution, container haulage, and cross border shipments. Ezyhaul primarily serves the B2B sector, connecting shippers with transporters and providing carriers with opportunities to grow their business and increase the utilization of their vehicles. It was founded in 2016 and is based in Kuala Lumpur, Malaysia.
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