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Fleetx.io Raises ₹113 Crore in Series C Funding to Strengthen Product and Sales Capabilities

  • Gurugram-based SaaS startup Fleetx.io raises ₹113 crore in Series C funding led by existing investors IndiaMART Intermesh and BEENEXT’s Accelerate Fund.
  • Fleetx plans to enhance its product capabilities and strengthen sales operations to expand its footprint among mid-size and large enterprises in sectors like transportation, manufacturing, mining, FMCG, and cement.
  • Co-founder Vineet Sharma highlights the focus on leveraging AI, serving over 2,000 businesses including Ultratech Cement, Unilever, Adani Group, and implementing aggressive investments in product development.
  • Fleetx aims for profitability within a year with the fresh funding, with investors like IndiaMART praising their execution, and BEENEXT recognizing their potential to build a globally relevant SaaS business.

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