Company lists
The Mumbai edition · 2026

Freight forwarderscompanies in Mumbai

Air & ocean, multimodal, warehousing, road freight, courier and more: the companies building freight forwarders in Mumbai, Maharashtra, with their founders, funding, team size and business models.

514 company profiles218 with reported revenue8 with recorded fundingOctober 2026 edition
Mumbai · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent freight forwarders business events in Mumbai

Funding, M&A, contract wins and launches involving 583 freight forwarders companies in Mumbai, last 24 months: 27 Contracts · 13 M&A deals · 5 launches · 2 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AMerger · Announced

Hind terminals acquires Sans CFS Limited

The Mumbai bench of the National Company Law Tribunal (NCLT) has allowed a company application seeking directions for the proposed amalgamation of Sans CFS Limited with Hind Terminals…

Container freight station operations, logistics and cargo handling
ContractSupply

Na · client: Shipping corporation of india

SCI has just floated a $360m tender, seeking bids from Indian and foreign shipyards for the construction of four methanol dual-fuel box ships able to carry 1,700 teu

Shipping
LaunchEVerito

Mahindra logistics

Mahindra Logistics (MLL), one of India’s largest 3PL solution providers, has introduced electric vehicles (EV) to its fleet of employee transportation vehicles in Kerala.

Employee Transportation Vehicle
LaunchControlled Open Bidding Marketplace

Writer relocations

24th March, 2026, Mumbai: Glovve, the enterprise relocation technology platform from Writer Relocations, today announced the launch of its controlled Open Bidding Marketplace for…

ContractSupply

Mazagon dock shipbuilders · client: Shipping corporation of india

Shares of Mazagon Dock Shipbuilders Limited were trading lower today even as the PSU said it has inked a contract with Shipping Corporation of India Limited (SCI) for the construction…

Launch

Transworld

Transworld is pleased to announce the launch of a new initiative aimed at facilitating the transportation of food and essential consumer products from India to the UAE.

Logistics Services
ContractGovernment

Na · client: Shipping corporation of india

Cochin Shipyard Ltd, Swan Defence and Heavy Industries Limited, L&T Shipbuilding Ltd, and a consortium of Garden Reach Shipbuilders & Engineers Ltd (GRSE) and Hindustan Shipyard Ltd…

Shipbuilding
ContractSupply

Texmaco rail & engineering · client: Ivc logistics

This includes an order placed by IVC Logistics that is worth ₹62.21 crore, excluding taxes. It involves the supply of rakes of ACT1 wagons along with BVCM Design-C wagons and will be…

Rail Freight
LaunchAllcargo Extended Reach

Allcargo logistics

Allcargo Logistics Limited has announced a major expansion of its domestic distribution capabilities with the launch of Allcargo Extended Reach (AER)

ContractInfrastructure

Navkar Corporation · client: Central Railway

Navkar Corporation, a subsidiary of JSW Infrastructure, announced on December 19 the successful acquisition of a contract from Central Railway. The contract, valued at approximately…

Infrastructure
ContractSupply

Great Eastern Shipping Company · client: Unaffiliated third party

The Great Eastern Shipping Company (G E Shipping) announced on 18 December that it has entered into a contract to sell the Jag Aarati, a 2011-built Kamsarmax dry bulk carrier.

Shipping
ContractInfrastructure

Sri Aditya Industrial Logistics Park Pvt. Ltd. · client: Mahindra logistics

The Siddipet facility, located at Baswapuram, Kothur (Mulugu Mandal) and leased from Sri Aditya Industrial Logistics Park Pvt. Ltd., spans a 60-month term. MLL is set to pay a monthly…

Logistics / Real Estate
M&AAcquisition · Completed

Kamigumi acquires Saurashtra freight

Fairfax India ... has completed its previously announced sale of its 51% equity interest in Saurashtra Freight Private Limited ("Saurashtra") to Kamigumi Co., Ltd., a Japanese logistics…

Freight
M&AMerger · Announced

Allcargo logistics acquires Allcargo Gati Limited, GESCPL and ASCPL

Following the demerger, domestic express distribution and consultative logistics businesses will be merged into the resulting Allcargo Logistics Limited, aligning operations for enhanced…

Logistics
Contract

Aegis logistics · client: Jawaharlal Nehru Port Authority

Aegis Logistics will develop a multi-cargo terminal for handling containers, bulk and liquid cargo at Vadhvan Port, with an investment of ₹20,000 crore.

ContractService

RITES Ltd · client: Shipping corporation of india

Last week, RITES Ltd said it had signed a Memorandum of Understanding with the Shipping Corporation of India Ltd to explore collaboration in maritime logistics and multi-modal transport…

Maritime Logistics
M&AAcquisition · Announced

Great Eastern Shipping Company acquires Na

Shares of The Great Eastern Shipping Company (G E Shipping) gained over 3% in early trading on Friday after the company announced that it has contracted to acquire an Ultramax dry bulk…

Shipping
M&AAcquisition · Completed

Wisdomtree Emerging Markets High Dividend Fund acquires Allcargo logistics

On October 15, 2025, Wisdomtree Emerging Markets High Dividend Fund purchased 6.82 million Allcargo Logistics shares (0.69% stake) at Rs 34.15 each via NSE bulk deal, signalling…

Integrated logistics
Contract

Shipping corporation of india · client: IOCL, BPCL, HPCL

SCI has signed an MoU with IOCL, BPCL and HPCL to promote the ownership of 112 Indian-built and Indian-flagged ships.

Maritime/Energy
Contract

Garden Reach Shipbuilders (GRSE) · client: Shipping corporation of india

The MoUs were signed with the Deendayal Port Authority, Syama Prasad Mookerjee Port Authority, Indian Port Rail & Ropeway Corporation Ltd., The Shipping Corporation of India, and Modest…

Contract

Garden Reach Shipbuilders & Engineering Limited · client: Shipping corporation of india

On September 20, 2025, during the Samudra Se Samriddhi mission launched by Prime Minister Narendra Modi in Bhavnagar, India, the country took a major step toward becoming one of the…

ContractGovernment

Shipping corporation of india · client: Government of india

The Shipping Corporation of India Limited (SCI) has signed a Memorandum of Understanding (MoU) with Bharat Petroleum (BPCL), Hindustan Petroleum (HPCL), and Indian Oil (IOCL) as part of…

Shipping
M&AAcquisition · Announced

Kamigumi acquires Saurashtra freight

Fairfax India Holdings Corporation (“Fairfax India”) announces that its wholly-owned subsidiary, FIH Mauritius Investments Ltd has entered into an agreement to sell its 51% equity…

Logistics
LaunchAlyte

Mahindra logistics

Mahindra Logistics Ltd. has announced the launch of Alyte - a refreshed, premium, and tech-enabled B2C mobility service designed for today's digitally connected urban commuters.

B2C mobility service
Contract

Aegis logistics · client: Aegis Vopak Terminals Limited

Aegis Logistics Limited on Thursday said it has executed a Business Transfer Agreement with its associate company, Aegis Vopak Terminals Limited , for the transfer of its newly…

ContractTechnology

Smart ship hub · client: Great Eastern Shipping Company

Great Eastern Shipping Company (GESCO) has agreed a deal to implement the Smart Ship Hub digital platform across its fleet of tankers and bulkers, to support real-time condition…

ContractInfrastructure

Bharat Petroleum · client: Shipping corporation of india

Bharat Petroleum Corporation Limited on Thursday signed a memorandum of understanding (MoU) with the Shipping Corporation of India (SCI).

Maritime infrastructure
Contract

Karanje Emerald Logistics Park Pvt Ltd · client: Mahindra logistics

Mahindra Logistics, the third-party logistics (3PL) solutions arm of the Mahindra Group, has inked a five-year leasing pact for nearly half a million sq ft warehousing space in Pune’s…

Logistics and warehousing
M&AAcquisition · Rumored

Transindia Real Estate acquires Arshiya

A diverse group of companies including Adani Ports and Special Economic Zone, JSW Infrastructure, Horizon Industrial Parks and Transindia Real Estate Ltd have shown interest in acquiring…

Supply chain and logistics infrastructure
M&AAcquisition · Rumored

Adani Ports and Special Economic Zone acquires Arshiya

A diverse group of companies including Adani Ports and Special Economic Zone, JSW Infrastructure, Horizon Industrial Parks and Transindia Real Estate Ltd have shown interest in acquiring…

Supply chain and logistics infrastructure

Freight forwarders companies in Mumbai, by revenue

Browse freight forwarders companies in Mumbai by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 218 freight forwarders companies in Mumbai, Maharashtra that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Provider of multi modal freight transportation, warehousing, and logistic services

Warehousing
₹13,266.29 crFY 2023-24
-27%2023–2024
2,623-27% 12 mo to Mar 2024LinkedIn · Oct 2026
33 yr1993
4postings · last posted Sep 2026

Provider of logistics and supply chain services for the oil and gas industries

Oil & gas midstream
₹7,235.51 crFY 2023-24
Not reported
604-32% 12 mo to Mar 2023LinkedIn · Oct 2026
70 yr1956
0none in 3 months

Provider of marine transportation freight forwarding services

Oil & gas midstream
₹6,171.08 crFY 2022-23
Not reported
849+8% 12 mo to Aug 2024recorded Aug 2024
78 yr1948
—No postings tracked

Provider of integrated supply chain and mobility solutions

Warehousing
₹5,144.14 crFY 2022-23
Not reported
8,537+2% 12 mo to Mar 2024LinkedIn · Oct 2026
17 yr2009
5postings · last posted Sep 2026

Provider of maritime freight forwarding services

Freight forwarders
₹5,262.06 crFY 2023-24
Not reported
2,643-33% 12 mo to Sep 2024LinkedIn · Oct 2026
65 yr1961
—No postings tracked

Provider of sea & air freight services

Freight forwarders
₹1,806.32 crFY 2024-25
+49%2024–2025
375-22% vs previous recordrecorded
21 yr2005
0none in 3 months

Provider of road freight forwarding services

Warehousing
₹1,729.41 crFY 2024-25
-2%2024–2025
717LinkedIn · Oct 2026
21 yr2005
0none in 3 months · last posted Jun 2026

Internet first of multi modal freight forwarders services

Freight forwarders
₹1,069.79 crFY 2024-25
+27%2024–2025
294+4% 12 mo to Sep 2024LinkedIn · Jul 2026
23 yr2003
0none in 3 months · last posted May 2026

Provider of multi modal transport services

Freight forwarders
₹833.61 crFY 2024-25
+48%2024–2025
1,750recorded
26 yr2000
0none in 3 months

Provider of freight forwarding and logistics services

Freight forwarders
₹766.02 crFY 2023-24
Not reported
1,750recorded
25 yr2001
0none in 3 months

Provider of multi-modal freight forwarding services

Freight forwarders
₹714.59 crFY 2024-25
+10%2024–2025
225LinkedIn · Oct 2026
15 yr2011
0none in 3 months · last posted Jun 2026

Provider of multi-modal freight transportation services

Freight forwarders
₹642.31 crFY 2022-23
Not reported
251+1% 12 mo to Sep 2024LinkedIn · Oct 2026
97 yr1929
0none in 3 months

Offers integrated freight forwarding, warehousing and logistic services

Freight forwarders
₹669.34 crFY 2024-25
+36%2024–2025
191+5% 12 mo to Sep 2024LinkedIn · Oct 2026
32 yr1994
0none in 3 months

Global relocation service provider offering domestic and international moving services

Freight forwarders
₹668.45 crFY 2024-25
+55%2024–2025
22LinkedIn · Jul 2026
35 yr1991
0none in 3 months

Provider of air and ocean freight forwarding services

Supply chain services
₹599.59 crFY 2024-25
+11%2024–2025
513+8% 12 mo to Sep 2024recorded Sep 2024
19 yr2007
1postings · last posted Aug 2026

Provider of road freight forwarding services

Freight forwarders
₹556.89 crFY 2024-25
+0%2024–2025
304-45% 12 mo to Sep 2024recorded Sep 2024
42 yr1984
0none in 3 months

Provider of air, ocean, land freight forwarding, logistics, and other services

Freight forwarders
₹522.18 crFY 2024-25
+59%2024–2025
150LinkedIn · Jul 2026
37 yr1989
0none in 3 months

Provider of multi model freight forwarding services

Freight forwarders
₹445.39 crFY 2021-22
Not reported
445+6% 12 mo to Sep 2024recorded Sep 2024
41 yr1985
0none in 3 months · last posted Feb 2024

Provider of multi-modal freight forwarding services

Warehousing
₹503.30 crFY 2024-25
+51%2024–2025
512+13% 12 mo to Sep 2024LinkedIn · Oct 2026
38 yr1988
1postings · last posted Aug 2026

Provider of air, ocean & road freight forwarding services

Freight forwarders
₹455.86 crFY 2022-23
Not reported
465LinkedIn · Oct 2026
50 yr1976
0none in 3 months · last posted May 2026

Provider of project logistics and freight forwarding services

Freight forwarders
₹469.16 crFY 2024-25
+29%2024–2025
162+23% vs previous recordLinkedIn · Oct 2026
8 yr2018
0none in 3 months

Provider of multi modal freight forwarding and logistics services

Warehousing
₹445.33 crFY 2024-25
Not reported
276-16% 12 mo to Aug 2024LinkedIn · Oct 2026
40 yr1986
0none in 3 months

Internet first provider of air freight and logistic services

Supply chain services
₹380.70 crFY 2023-24
Not reported
952+62% 12 mo to Sep 2024recorded Sep 2024
12 yr2014
0none in 3 months

Provider of freight forwarding services for road, air, rail, and sea transport

Freight forwarders
₹344.60 crFY 2024-25
+59%2024–2025
99LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Offers freight forwarding and shipping services

Freight forwarders
₹308.68 crFY 2023-24
-49%2023–2024
79LinkedIn · Jul 2026
41 yr1985
0none in 3 months
50 of 514 companies shown here · the full list is on Radar
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Explore freight forwarders companies in Mumbai by what you are looking for

Find freight forwarding companies in Mumbai, from air and ocean freight forwarders to road transport and warehousing firms. Compare top freight forwarders in Mumbai, freight forwarder startups and listed companies in one place.

8 ways to explore freight forwarders in Mumbai

Air & ocean freight forwardersMultimodal freight forwarders & logistics providersWarehousing & distribution companiesRoad freight & trucking companiesCourier & express delivery companiesListed freight forwarders & logistics companies

Air & ocean freight forwarders

International forwarders handling sea and air cargo from Mumbai ports and airports.

  1. Shipping Corporation of India

    Provider of maritime freight forwarding services

    Freight forwarders
    See in list
  2. Teamglobal Logistics

    Provider of sea & air freight services

    Freight forwarders
    See in list
  3. Seashell Logistics

    Provider of air and ocean freight forwarding services

    Supply chain services
    See in list
  4. Total Movements

    Provider of project logistics and freight forwarding services

    Freight forwarders
    See in list
  5. UWS Integrated Logistics

    Internet first provider of air freight and logistic services

    Supply chain services
    See in list
58 companies in Mumbai

Multimodal freight forwarders & logistics providers

Full-service forwarders moving cargo by road, rail, sea and air.

  1. Allcargo Logistics

    Provider of multi modal freight transportation, warehousing, and logistic services

    Warehousing
    See in list
  2. Aegis

    Provider of logistics and supply chain services for the oil and gas industries

    Oil & gas midstream
    See in list
  3. Great Eastern Ship

    Provider of marine transportation freight forwarding services

    Oil & gas midstream
    See in list
  4. Mahindra Logistics

    Provider of integrated supply chain and mobility solutions

    Warehousing
    See in list
  5. Shipping Corporation of India

    Provider of maritime freight forwarding services

    Freight forwarders
    See in list

Warehousing & distribution companies

Storage, warehousing and distribution services alongside freight forwarding.

  1. Allcargo Logistics

    Provider of multi modal freight transportation, warehousing, and logistic services

    Warehousing
    See in list
  2. Hind Terminals

    Provider of road freight forwarding services

    Warehousing
    See in list
  3. Seabird Logistics

    Provider of end-to-end services for supply chain management and logistics

    Warehousing
    See in list
  4. Arshiya Limited

    Logistics and supply management service provider

    Freight forwarders
    See in list
  5. Nirvaaninfra

    Provider of comprehensive logistics and transportation solutions

    Freight forwarders
    Website

Road freight & trucking companies

Truck load carriers and road transport operators in Mumbai.

  1. IVC Logistics

    Provider of road freight forwarding services

    Freight forwarders
    See in list
  2. Isa Logistics

    Provider of integrated logistics solutions including CFS operations and freight forwarding

    Freight forwarders
    See in list
  3. Credence Logistics

    Provider of freight regulation services for road transportation

    Trucking
    Website
  4. Boltcargo

    Provider of AI-enabled marketplace for shippers and fleet owners

    Freight forwarders
    Website
  5. Steelcarriers

    Provider of crane hiring, transportation, and warehousing services. It offers crawler and mobile crane hiring with varying lifting capacities. Transportation services are available across the country. The company also operates a significant warehousing facility. These services are provided to clients requiring heavy lifting, material movement, and storage solutions.

    Trucking
    Website

Courier & express delivery companies

Domestic and international courier and parcel services.

  1. CAPER

    End-to-end courier delivery service

    Cep
    See in list
  2. Aipex WorldWide

    Provider of domestic and international courier services, including customs clearing and warehousing

    Cep
    Website
  3. Trackbizz Logistics

    Provider of comprehensive supply chain and logistics solutions

    Freight forwarders
    Website
  4. PACnDELIVER

    Provider of parcel courier and freight re-seller services

    Freight forwarders
    Website
  5. Translinkexp

    Provider of international courier services for documents, parcels, and food

    Professional consumer services
    Website
13 companies in MumbaiAll 87 cep companies in India →

Listed freight forwarders & logistics companies

Publicly listed freight forwarding and logistics companies in Mumbai.

  1. Allcargo Logistics

    Provider of multi modal freight transportation, warehousing, and logistic services

    Warehousing
    See in list
  2. Aegis

    Provider of logistics and supply chain services for the oil and gas industries

    Oil & gas midstream
    See in list
  3. Great Eastern Ship

    Provider of marine transportation freight forwarding services

    Oil & gas midstream
    See in list
  4. Mahindra Logistics

    Provider of integrated supply chain and mobility solutions

    Warehousing
    See in list
  5. Shipping Corporation of India

    Provider of maritime freight forwarding services

    Freight forwarders
    See in list
17 companies in Mumbai

Freight forwarder startups in Mumbai

Newer freight forwarding and logistics companies founded in recent years.

  1. Multiport Cargo

    Provider of air, sea & road freight, warehousing, and logistics services

    Freight forwarders
    Website
  2. ELEPHANT

    Provider of comprehensive global supply chain logistics solutions

    Warehousing
    Website
  3. Xtrans Logistics

    Provides integrated project logistics management and specialized cargo transportation services to shippers of heavy oversized equipment

    Freight forwarders
    Website
  4. Box n Freight

    Internet first provider of multi modal freight transportation, warehousing, and logistic services

    Warehousing
    Website
  5. Freight Harri System

    Provider of international freight forwarding, customs handling, and trucking services

    Freight forwarders
    Website
23 companies in Mumbai

Freight forwarding companies hiring in Mumbai

Freight forwarders in Mumbai with open roles right now.

  1. Allcargo Logistics

    Provider of multi modal freight transportation, warehousing, and logistic services

    Warehousing
    See in list
  2. Mahindra Logistics

    Provider of integrated supply chain and mobility solutions

    Warehousing
    See in list
  3. Hind Terminals

    Provider of road freight forwarding services

    Warehousing
    See in list
  4. Sarjak

    Internet first of multi modal freight forwarders services

    Freight forwarders
    See in list
  5. Seashell Logistics

    Provider of air and ocean freight forwarding services

    Supply chain services
    See in list
16 companies in Mumbai
Mobile reach

Top 10 freight forwarders apps from Mumbai

The most-installed Android apps published by freight forwarders companies headquartered in Mumbai — 107K installs between them. 15 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
The business behind the activity

Freight forwarders financials in Mumbai

Revenue, profit and growth from the filed annual accounts of 227 freight forwarders companies in Mumbai, Maharashtra for FY24-25 — 262 of the 514 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 44% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹38,421.27 cr

227 companies filing accounts

combined net profit₹4,127.93 cr

10.7% aggregate margin

are profitable87%

198 of 227 companies

median revenue~₹29.8 cr

the typical company

median revenue growth+21%

into FY24-25

earned by the top five44%

revenue concentration

Six-year view

Combined revenue of filing companies

₹21,636.13 crFY19-20206 filers
₹22,355.61 crFY20-21214 filers
₹40,205.46 crFY21-22229 filers
₹45,115.93 crFY22-23238 filers
₹36,075.67 crFY23-24244 filers
₹38,421.27 crFY24-25227 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 217 companies over three years

-5%
FY22-23₹39,014.06 cr₹4,926.18 cr net
FY23-24₹32,207.24 cr₹3,978.19 cr net
FY24-25₹37,190.34 cr₹4,106.51 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr1050% profitable
₹1–10 cr4980% profitable
₹10–100 cr11489% profitable
₹100–1,000 cr4796% profitable
Over ₹1,000 cr7100% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking52
0–20%57
20–50%53
50–100%49
Doubled+14

225 companies with accounts for both years; median growth +21%.

Profitability

Profit is concentrated at the top

198profitable
29loss-making
10.7%aggregate margin
2.0%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Synergy Global LogisticsSYNERGY GLOBAL LOGISTICS PRIVATE LIMITED+862%₹42.33 cr
ELEPHANTELEPHANT GLOBAL LOGISTICS PRIVATE LIMITED+264%₹34.28 cr
BoltcargoBOLTCARGO (INDIA) PRIVATE LIMITED+258%₹80.48 cr
AuxinAUXIN SHIPPING PRIVATE LIMITED
HEIMA Global LogisticsHEIMA GLOBAL LOGISTICS PRIVATE LIMITED+159%
MCS LogisticsMCS LOGISTICS INTERNATIONAL PRIVATE LIMITED+155%₹16.68 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Great Eastern ShipThe Great Eastern Shipping Company Limited46.0%₹4,713.29 cr
Penta FreightPENTA FREIGHT PRIVATE LIMITED24.1%
FECFEC CLEARING PRIVATE LIMITED20.3%₹11.07 cr
SteelcarriersSTEEL CARRIERS INFRASTRUCTURE PRIVATE LIMITED
AegisAEGIS LOGISTICS LIMITED16.3%₹3,237.55 cr
Ocean GateOCEAN GATE CONTAINER TERMINALS PRIVATE LIMITED16.0%
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Freight forwarders193₹25,628.62 cr~₹27.7 cr87%4.7%
Warehousing20₹3,629.13 cr~₹39.3 cr90%4.9%
Leaders

Largest freight forwarders companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Shipping Corporation of IndiaSHIPPING CORPORATION OF INDIA LIMITED₹5,785.37 cr₹814.10 cr14.1%+10%
Great Eastern ShipThe Great Eastern Shipping Company Limited₹4,713.29 cr₹2,166.25 cr46.0%-0%
AegisAEGIS LOGISTICS LIMITED₹3,237.55 cr₹529.00 cr16.3%+1%
Hind TerminalsHIND TERMINALS PRIVATE LIMITED₹1,692.71 cr₹137.40 cr8.1%-2%
Teamglobal LogisticsTEAM GLOBAL LOGISTICS PRIVATE LIMITED₹1,321.32 cr₹65.96 cr5.0%+54%
Swift CargoSWIFT CARGO PRIVATE LIMITED₹1,152.55 cr+51%
Total GroupSURAT GOODS TRANSPORT PRIVATE LIMITED₹1,100.33 cr₹22.32 cr2.0%-1%
Writer RelocationsWRITER BUSINESS SERVICES PRIVATE LIMITED₹43.63 cr5.0%-6%
Globelink WWGLOBELINK WW INDIA PRIVATE LIMITED₹833.61 cr₹22.55 cr2.7%+48%
BLR LogisticsBLR LOGISTIKS (I) LIMITED₹803.31 cr₹33.87 cr+29%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

AdTech Industry Landscape of Mumbai

The financials above are one chapter. The full freight forwarders landscape of Mumbai maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the freight forwarders landscape of Mumbai
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Freight forwarders funding and M&A across India

70 recorded equity rounds have gone to 2,976 freight forwarders companies in India — how much, at which stage, into which sub-sectors, from whom, and how Mumbai compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months0

US$0k

equity rounds, last 24 months2

US$1.70m

raised over five yearsUS$214.99m

15 rounds in India

M&A deals, Mumbai13

last 24 months

Capital by year

Equity funding into freight forwarders in India

amount rounds
$60m20182
$3.6m20191
$128m20205
$107m20215
$1.8m20224
$105m20234
$1.7m20252

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2020, with US$127.89m across 5 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$562k3 rounds · median US$31k
SeedUS$6.33m8 rounds · median US$1.25m
Series AUS$2.08m1 rounds · median US$2.08m
Series CUS$127.19m2 rounds · median US$63.59m
Series D+US$78.82m1 rounds · median US$78.82m
Where the money went · five years

Most-funded sub-sectors

Freight forwardersUS$107.31m6 rounds · 4 companies
Air cargoUS$100.00m1 rounds · 1 companies
Logistics techUS$4.20m3 rounds · 1 companies
E-commerce enablersUS$2.55m2 rounds · 1 companies
Brands techUS$511k1 rounds · 1 companies
WarehousingUS$411k2 rounds · 2 companies
Corporate activity · last 24 months

M&A in Mumbai

9Acquisition
4Merger

Most active acquirers

  1. Allcargo logistics3
  2. Kamigumi2
  3. Great Eastern Shipping Company2
  4. Hind terminals1
  5. Wisdomtree Emerging Markets High Dividend Fund1

Most acquired or merged

  1. Arshiya4
  2. Saurashtra freight2
  3. Sans CFS Limited1
  4. Allcargo Gati Limited, GESCPL and ASCPL1
  5. Domestic Supply Chain business1

Each deal appears in the events strip at the top of the page.

Freight forwarders funding in Mumbai

8 freight forwarders companies in Mumbai have recorded equity funding, US$193.60m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Mumbai

Meet the people behind freight forwarders companies in Mumbai. 137 of 514 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Mumbai freight forwarders companies by sub-sector

The most common specialisations among freight forwarders companies in Mumbai. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring freight forwarders in India and nearby markets.

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