<ul><li>Gurugram-based logistics SaaS startup Fleetx has raised Rs 113 crore in a Series C funding round led by existing investors Indiamart Intermesh and BEENEXT’s Accelerate Fund.</li><li>The funding round, comprising primary and secondary components, aims to enhance product offerings and expand the startup's presence among mid-market and enterprise clients nationwide.</li><li>Fleetx, established in 2017, specializes in AI- and IoT-powered software for fleet management, fuel analytics, video telematics, and transportation management systems.</li><li>With a focus on achieving full profitability within a year and preparing for a public listing, Fleetx has reported quadrupled annual recurring revenue post the latest funding round, serving over 2,000 businesses, including prominent clients like Ultratech Cement and Unilever.</li></ul>

Gurugram-based logistics SaaS startup Fleetx raises Rs 113 crore in a Series C round

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