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🚛 DhanTax Startup Pulse: Fleetx Accelerates with ₹113 Cr Series C Funding
India’s logistics-tech landscape just hit the fast lane.
Fleetx.io, the Gurugram-based SaaS powerhouse, has successfully raised ₹113 crore in its Series C funding round, led by returning investors IndiaMART Intermesh and BEENEXT’s Accelerate Fund. This comes as Fleetx celebrates a major achievement—crossing ₹100 crore in Annual Recurring Revenue (ARR) and setting its sights on profitability within the year.
This funding isn’t just capital—it’s a green light for scale.
🧠 AI + IoT = Smart Logistics at Scale
Fleetx is not just digitizing logistics—it’s redefining it.
Using a potent mix of Artificial Intelligence and Internet of Things, Fleetx delivers real-time, intelligent solutions across:
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Fleet management
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Fuel analytics
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Video telematics
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Transport ERP
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Transportation management systems (TMS)
With a client base of over 2,000 enterprises, including giants like Ultratech Cement, Adani Group, Hindalco, and Maersk, Fleetx has scaled 4x since early 2022—proving that deeptech has found fertile ground in the Indian logistics sector.
📈 Where the Capital Will Go
Fleetx has laid out a crystal-clear roadmap for its newly raised capital. The company plans to:
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Expand product capabilities with greater AI and data integration
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Strengthen its go-to-market strategy for mid-market and enterprise clients
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Drive aggressive growth with a clear aim: profitability and IPO readiness within a year
By doubling its ARR and stabilizing operations, Fleetx is preparing for a bold new phase: public markets.
📊 DhanTax Insight: Building with Brains and Balance Sheets
At DhanTax, we see Fleetx as a model of smart scaling. By pairing innovation with disciplined financial strategy, they’re not just growing—they’re doing it sustainably.
For every founder chasing scale, the lesson is clear: product innovation must walk hand-in-hand with strong financial foresight. With the right funding, vision, and planning, you don’t just disrupt industries—you lead them.
💼 Planning your next financial leap?
DhanTax empowers startups with expert financial leadership, virtual CFO services, compliance insights, and funding strategies. Whether you’re Series A or IPO-bound—our guidance keeps your engine running smooth.
Fuel your vision with DhanTax.
Where growth meets governance.
