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ElasticRun

ElasticRun

Private
PuneMobility, Transportation & Logisticshttps://elastic.run/

Last Round

Series E

Feb 7, 2022

Est. Valuation

$1.5B

Total Funding Raised

$462M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

ElasticRun is a logistics and e-commerce company that operates a B2B platform connecting consumer brands with rural retailers through a tech-enabled fulfillment and distribution network.

Sector

Mobility, Transportation & Logistics

Verticals

Last-Mile Delivery, Supply Chain, E-commerce, Retail Technology, Logistics Software

Business Model

B2B

Customer Profile

Marketplace Commission, Usage-Based SaaS, Services & Consulting

AI Layer

Application

Keywords

last-mile deliveryB2B commercekirana commercesupply chain logisticsquick commercelogistics-as-a-serviceLaaSB2B marketplaceD2C fulfillmentlogistics softwarewarehouse managementWMStransport managementTMSe-commerce logisticsq-commercedistribution networkretail tech

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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ElasticRun Comparables

Compare ElasticRun with similar companies based on industry and business-model similarity.

ElasticRun comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Jumbotail
86%
Udaan
85%
Walmart Inc.
79%

ElasticRun Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series EFeb 7, 2022
Series DApr 29, 2021
Series COct 30, 2019
Series BOct 5, 2018
Series AApr 4, 2017
Seed
Nov 13, 2016

Key People

Founding team and executive leadership

Saurabh Nigam

Cofounder And COO

Founding Team

Shitiz Bansal

Co-founder CTO ElasticRun

Founding Team

Sandeep Deshmukh

Cofounder And CEO

Founding Team

Syed Bawqer Damashqi

Program Manager - CEO Office

Executive Team

ElasticRun Investors

Notable investors and investment history

ElasticRun investors
InvestorRounds
ProsusSeries E, Series D, Series C
SoftBank Investment AdvisersSeries E
NaspersSeries C, Series D, Series E
Avataar Venture PartnersSeries C, Series D
Goldman Sachs Asset Management Private EquitySeries E
SoftBank GroupSeries E
Norwest Venture PartnersSeed, Series B, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 17, 2026

    Added four fulfilment centres in Bengaluru, Delhi NCR, Mumbai, and Kolkata.

  • Mar 10, 2026

    Serving over 50 brands with 900+ warehouses and 4M+ daily shipments.

ElasticRun Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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ElasticRun Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about ElasticRun's valuation, stock price, and market status.

Firmographic Details

HeadquartersPune
Employee Range3,391
Year Founded2014
Last FundingFeb 7, 2022

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