XP India

XP India

A provider of technology-driven distribution and transportation solutions.

Founded

2019

Headquarters

Delhi (India)

Status

Series C

Company Details

XP India is a rapidly growing, tech-enabled B2B express logistics provider specializing in full container load (FCL) and less-than-container load (LCL) solutions across India’s vast and complex supply chain landscape. The company was established with the vision of transforming express distribution and transportation through a technology-driven, automated model. XP India’s core industry focus is surface transportation and logistics, serving sectors such as e-commerce, automotive, electronics, pharmaceuticals, healthcare, fashion and organized retail.

Core Products and Services

  • Express FCL (Full Container Load): High-speed, pan-India road transport for large shipments, with guaranteed delivery timelines and real-time tracking.

  • Breakbulk and Aggregation LCL (Less-than-Container Load): Flexible, cost-efficient options for smaller shipments, aggregating loads to optimize costs and delivery times.

  • Custom-Built Express Distribution: End-to-end, technology-driven distribution services that integrate seamlessly with clients’ supply chains, offering safety, visibility, and transparency.

  • Technology Platform: Proprietary digital tools for customers, consignors, truckers, and drivers, enabling real-time shipment tracking, automated documentation, and secure data management.

  • Pan-India Reach: Coverage across every district in India, supporting both urban and rural supply chains for high-value and time-sensitive products.

Business Model & Revenue Streams

  • Freight and Logistics Fees: The primary revenue source comes from freight charges for FCL and LCL shipments, with pricing based on distance, volume, and service level.

  • Technology and Value-Added Services: Additional revenue is generated through premium technology solutions, such as advanced tracking, analytics, and supply chain integration tools.

  • Custom Distribution Solutions: XP India offers bespoke logistics services for enterprise clients, including dedicated fleet management and express distribution contracts.

  • Geographic and Segment Contribution: The majority of revenue is derived from high-growth sectors like e-commerce, automotive, and electronics, with a balanced presence across metro and non-metro regions.

  • Customer Segmentation: The company exclusively serves B2B clients, ranging from large enterprises to mid-sized businesses, with a focus on high-value, time-sensitive supply chains.

Top Clients & Partnerships: XP India

  • Diverse B2B Client Base: XP India serves over 500 unique customers across sectors such as e-commerce, automotive, electronics, pharmaceuticals, healthcare, fashion and organized retail, making it a preferred logistics partner for many of India’s most prominent brands and high-value product supply chains.

  • Strategic Investment Partnership: In December 2024, Multiples Alternate Asset Management acquired a significant minority stake in XP India (INSTANT-XP), bringing deep sectoral expertise and a track record of scaling high-growth companies. 

Future Outlook & Strategic Priorities

  • Growth Drivers: The company is investing in AI and machine learning to further optimize delivery routes, reduce turnaround times and enhance supply chain visibility. Expansion of the pan-India network and deeper penetration into high-growth verticals are also key priorities.

  • M&A Pipeline: Following the merger with INSTANT Transport, XP India is open to further strategic acquisitions to broaden its service offerings and geographic footprint.

  • Risks and Headwinds: The company faces regulatory uncertainties, macroeconomic volatility and intensifying competition from both traditional and tech-driven logistics players. However, its dual expertise in asset-light and heavy operations provides resilience and flexibility.

Key People

Aman Bhalla

Bikash Das

Bhagat Chaudhary

Key Metrics

Total Equity Funding

$35 Million

No. of Funding Rounds

1

Latest Funding Round

$35 Million, Series C

as of December 19, 2024

Post Money Valuation

-

as of N/A

Funding Multiple

-

as of N/A

Investors

Multiples Alternate Asset Management

Employee Count

146

Similar Companies

Zypp Electric

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
December 19, 2024Series C $35 Million---Multiples Alternate Asset Management

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