Rivigo
Rivigo is an Indian technology-enabled B2B express logistics platform offering air, surface, regional distribution, and last-mile delivery across automobile, engineering, consumer, pharmaceutical, e-commerce, and telecom verticals, now operating under the Mahindra Logistics brand.
- Company typePrivate
- Founded2014
- HeadquartersGurugram, India
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Rivigo does
Rivigo is an India-based technology-enabled logistics platform founded in 2014 and headquartered in Gurugram. The company provides B2B express logistics services spanning air express, surface express, regional distribution, and last-mile delivery, organized around a technology platform that offers supply chain visibility, real-time shipment tracking, automated documentation, load matching, and multi-carrier shipping coordination. Its customer base spans six verticals — automobile, engineering, consumer goods, pharmaceutical, e-commerce/D2C, and telecom — and operations are concentrated in the Indian market.
The company has cumulatively raised more than $280M across roughly twelve funding rounds since 2015, anchored by Warburg Pincus and Elevation Capital (formerly SAIF Partners). Following the 2019 Series F ($20M), 2020 debt and follow-on rounds, and a smaller 2022 Series H (~$2M from existing investors), Rivigo announced a strategic transition to an asset-light business model, a pre-IPO funding round, and a public listing targeted within 18-24 months. The brand now operates under Mahindra Logistics as 'Rivigo by Mahindra Logistics', though Rivigo Services Private Limited remains a distinct legal entity per corporate disclaimers, indicating a brand acquisition or licensing arrangement rather than a full corporate merger.
Rivigo's business model historically combined an owned-fleet express network with technology-driven orchestration; the 2022 pivot to an asset-light model signals a shift toward marketplace, brokerage, and managed-transportation revenue mechanics, reducing capital intensity. Headcount is reported in the 1,001-5,000 range. Revenue, pricing, and customer concentration are not publicly disclosed, and the company was simultaneously exploring a strategic sale to Flipkart and FirstCry while pursuing an IPO, reflecting optionality on exit and ownership structure.
Rivigo firmographics
Firmographics- Name
- Rivigo
- Legal name
- Rivigo Services Private Limited
- Website
- https://rivigo.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Rivigo is an Indian technology-enabled B2B express logistics platform offering air, surface, regional distribution, and last-mile delivery across automobile, engineering, consumer, pharmaceutical, e-commerce, and telecom verticals, now operating under the Mahindra Logistics brand.
- Ownership category
- akta.pro rank
Where Rivigo is headquartered
LocationHeadquarters
- HQ city
- Gurugram
- HQ country
- India
- HQ region
- Asia
Markets served
Rivigo business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Supply Chain
Rivigo product offering
Product offeringCore offering
Rivigo is a technology-enabled logistics platform that provides B2B express courier and parcel delivery services across India. Its offerings include air express, surface express, and regional distribution solutions for enterprises across industries such as automobile, engineering, consumer goods, pharmaceutical, e-commerce/D2C, and telecom. The company operates an asset-light model supported by real-time tracking, load matching, and automated documentation technology.
Product overview
Rivigo is an Indian logistics technology company based in Gurugram that provides B2B express logistics services. The company operated as a technology-enabled logistics platform offering courier and parcel delivery services. Rivigo has undergone a strategic shift toward an asset-light business model to improve financial stability. The company pursued a pre-IPO funding round in 2022 with plans for a public listing within 18-24 months.
Differentiator
Problem solved
Functional benefit
Products and services
- B2B Express Services Fast B2B courier and parcel delivery service for businesses, combining air and surface express capabilities with regional distribution for time-sensitive shipments across India.
- Air Express Air-based B2B express courier and parcel delivery service for urgent shipments requiring the fastest transit times across India.
- Surface Express Road-based B2B express delivery service for courier and parcel shipments across India, providing fast and reliable surface transportation for business customers.
- Regional Distribution Regional distribution service that handles intra-region and last-mile B2B deliveries, supporting businesses with localized courier and parcel distribution across India.
Companies that use Rivigo
Customer profileIdeal customer profiles1 record
Rivigo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Rivigo partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights4 records
Rivigo competitors and assessment
Company assessmentDirect peers
- DTDC: India-wide parcel and B2B courier network with comparable express delivery, last-mile, and supply-chain services, directly overlapping with Rivigo's offering to enterprise shippers.
- Delhivery: India's largest publicly listed tech-enabled logistics and B2B/B2C courier company, directly competing with Rivigo on express parcel, freight, and supply-chain services across the same Indian customer base.
- Ecom Express: India-focused B2B/B2C express logistics player serving e-commerce and enterprise shippers, with a comparable technology platform, similar courier-and-parcel operating model, and overlapping Indian customer set.
- Xpressbees: Indian tech-enabled logistics and last-mile delivery company offering B2B/B2C courier and warehousing services that compete head-to-head with Rivigo for enterprise and e-commerce volumes.
- Shadowfax: India-based last-mile and B2B logistics platform with overlapping courier, parcel, and delivery offerings serving similar enterprise and e-commerce customers as Rivigo.
- Blackbuck (BlackBuck): India's largest trucking-tech platform, addressing the same technology-enabled freight and logistics market as Rivigo with comparable load-matching, fleet management, and shipper-carrier coordination capabilities.
Broad incumbents
- BlueDart Express: India's leading established B2B express courier company (owned by DHL Group), competing with Rivigo in the same time-sensitive domestic parcel and document delivery category with a broader portfolio including international shipping.
- DHL Supply Chain India: Global logistics incumbent operating in India across contract logistics, freight, and supply chain — directly competing with Rivigo for enterprise B2B accounts as part of a much broader global portfolio.
- FedEx India: Global express courier incumbent with strong India presence, offering B2B parcel, freight, and cross-border services that overlap with Rivigo's enterprise and time-sensitive domestic shipping offering.
Others
- Mahindra Logistics: Strategic operating parent that owns the 'Rivigo by Mahindra Logistics' brand and offers contract logistics, B2B express, freight forwarding, and last-mile delivery — making it a hybrid strategic partner, embedded channel, and competitive threat to Rivigo Services Private Limited.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Rivigo social profiles
Digital presenceRivigo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Rivigo leadership team
Management profileNumber of profiles
Profiles3 records
Rivigo funding detail
Funding detailFunding overview
Funding rounds12 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Rivigo M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Rivigo
What does Rivigo do?
Rivigo is a technology-enabled logistics platform that provides B2B express courier and parcel delivery services across India. Its offerings include air express, surface express, and regional distribution solutions for enterprises across industries such as automobile, engineering, consumer goods, pharmaceutical, e-commerce/D2C, and telecom. The company operates an asset-light model supported by real-time tracking, load matching, and automated documentation technology.
Is Rivigo a public or private company?
Rivigo is a private company. It is classified as venture growth investor backed and is currently operating.
When was Rivigo founded?
Rivigo was founded in 2014. It employs 1,001 to 5,000 people.
Where is Rivigo based?
Rivigo is headquartered in Gurugram, India, in the Asia region.
Who are Rivigo's main competitors?
Direct peers on record are DTDC, Delhivery, Ecom Express, Xpressbees, Shadowfax and Blackbuck (BlackBuck). Broad incumbents are BlueDart Express, DHL Supply Chain India and FedEx India. Mahindra Logistics is listed as an others.
Does Rivigo have an API?
No public API is recorded for Rivigo.