Monday, 06 July 2026India Venture Review · Vol. I · 2026Live · ₹4,200 Cr tracked this quarter
Logistics · Gurugram
Ecom Express
E-commerce logistics network
Stage
Growth
Total funding
$535M
₹4.44K Cr
Founded
2012
HQ
Gurugram
The biography of a startup, told through capital
Funding Journey
From founding to today
10 rounds · $536M raised over 13.1 yrs
Founded 2012
Latest · 14 Feb 2026
First institutional cheque
$1M
Seed
Jan 2013
Start
Product-market fit
$1M
Series A
Jun 2014
$2M
Series B
Nov 2016
$5M
Series C
May 2017
$10M
Series D
Oct 2019
$23M
Series E
Apr 2020
$50M
Series F
Sept 2021
$109M
Series G
Mar 2023
Expansion funding
$240M
Series H
Aug 2024
$95M
Growth
Feb 2026
Today
Capital growth
How Ecom Express scaled, in capital raised
Cumulative · USD
Funding Intelligence
Largest round
$240M
Series H · 2024
Most active lead
Lightspeed India
3 rounds led
Capital growth
$1M → $536M
Cumulative raised
First → latest
13.1 yrs
2013 → 2026
Avg. between rounds
18 mo
Pace of fundraising
Total rounds
10
Seed to today
Every cheque, on record
All Funding Rounds
Showing 8 of 10 roundsTotal raised · $536M
- 03 Aug 2024Series H$240M₹1.99K Cr
- 23 Mar 2023Series G$109M₹905 Cr
- 16 Sept 2021Series F$50M₹415 Cr
- 09 Apr 2020Series E$23M₹191 Cr
- 02 Oct 2019Series D$10M₹83 Cr
- 22 May 2017Series C$5M₹42 Cr
- 15 Nov 2016Series B$2M₹17 Cr
Why it matters
Startup Intelligence
- What they do
- Ecom Express is a Logistics company headquartered in Gurugram, focused on e-commerce logistics network.
- Problem solved
- Tackling structural inefficiency in India's logistics value chain.
- Why investors care
- Strong Growth traction, India-first distribution, and capital efficiency.
- What to watch next
- Expansion of ARR, geographic reach beyond Gurugram, and upcoming round signals.
In the press
News & Articles
- The Economic Times12 Jun 2026Ecom Express eyes 2x ARR growth as it doubles down on logistics expansion
Founders outline the next 18-month roadmap and hiring plans across Gurugram and beyond.
- Inc4204 May 2026Inside Ecom Express's playbook: how it built a defensible moat in Indian logistics
A deep-dive into product strategy, GTM motion, and how investors evaluate the next milestone.
- YourStory21 Mar 2026Ecom Express hires senior leadership ahead of the next funding round
New CXO appointments signal scale-up ambitions and operational maturity.
- Moneycontrol08 Feb 2026Analyst view: why Ecom Express is one to watch in Logistics
Sector benchmarks, comparable multiples, and what could drive the next valuation step-up.