What fleetx.io does

Fleetx.io is an AI and IoT-powered fleet and logistics management platform headquartered in Gurugram, India, founded in 2017 by Vineet Sharma and co-founders. The company serves Indian enterprises and mid-market fleet operators across manufacturing, mining, FMCG, cement, e-commerce, passenger transit, and third-party logistics, serving over 2,000 businesses and 100+ large enterprise accounts including Ultratech Cement, Adani Group, Hindalco, ArcelorMittal Nippon Steel India, Electrosteel Castings, JK Lakshmi Cement, FlixBus India, AbhiBus, and a global FMCG giant. Its stated scale is 350,000+ connected commercial vehicles processing 20 billion data points daily, with operating revenue of ₹80 crore in FY25 and ARR exceeding ₹100 crore in 2025.

The platform is built on five core products unified by a single AI engine: Transport Management System (TMS), Video & Camera telematics, Fleet Visibility, Fuel Monitoring, and Transport ERP. These are extended by add-on modules including AI-Powered Truck Routes, AI Dashcam with dual-facing cameras, Driver Authentication System using facial recognition, Tyre Management Module, E-Lock cargo security, FPAY embedded payments (processing ₹250 crore+ annually), FCollect collections, Load Allocation, Route Optimization, Safety & Logistics Control Tower, and Smart Alerts. Underlying AI capabilities span computer vision, anomaly detection, predictive analytics, autonomous agents, process automation, and optimization. The platform supports 150+ pre-built integrations with SAP, Oracle, Tally, Zoho Books, ULIP, payment gateways, and OEM telematics, with AI voice escalation in seven Indian languages and AIS-140 regulatory compliance.

Fleetx operates a subscription-based SaaS model with quote-based pricing tied to fleet size and modules selected, deployed through direct enterprise field sales and inside sales motions targeting mid-market and enterprise customers. The company reports a bundled pricing approach without surprise hardware fees, 72-hour deployment timelines supported by 600+ engineers, and customer outcomes including 10-18% fuel savings, 30-40% reduction in risky driving events, and 95% safety alert resolution within 30 minutes. It has raised approximately $36.5M total funding across six rounds (2019-2025), is venture-backed by IndiaMART Intermesh, BEENEXT, IndiaQuotient, and others, and is positioning for an IPO following a ₹113 crore Series C in May 2025 at a post-money valuation of ₹1,200-1,300 crore.

Name

fleetx.io

Legal name

Fleetx Technologies Private Limited

Website

https://fleetx.io

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

251–500 employees

Short description

Fleetx.io is an AI and IoT-powered fleet and logistics management platform serving 2,000+ Indian enterprises and mid-market operators across manufacturing, mining, FMCG, cement, and transit, managing 350,000+ vehicles with five core SaaS products and ₹100 crore+ ARR.

Ownership category

akta.pro rank

Product category

Fleet Management Software

NAICS

Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731)

akta.pro primary industry

Data Platforms, APIs & System Integrations for Connected Fleets (TLAEAFAN)

akta.pro secondary industry

Fleet, Asset Tracking & Telematics Location Platforms (BPAMANAF)

Keywords

• Fleet management software
• Video telematics systems
• Transport management system
• Fuel monitoring solutions
• Logistics intelligence platform

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. SaaS Platform Subscription: Fleetx operates as a subscription-based SaaS platform for fleet and logistics management. Pricing is typically quote-based depending on fleet size, number of vehicles, and modules selected. The company has achieved profitability targets and is preparing for an IPO.
2. Enterprise Software Licensing: Fleetx provides enterprise software solutions for fleet management, transport ERP, video telematics, and transport management systems to mid-market and enterprise customers.
3. Video Telematics and Safety Solutions: AI-powered video telematics solutions including dashcams and safety monitoring systems, typically bundled with the platform subscription.
4. Fleet Management Software: Comprehensive fleet management platform covering dispatch, billing, settlements, fleet maintenance, and compliance for logistics companies.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

Fleetx offers an AI and IoT-powered fleet and logistics management platform that unifies five core products — Transport Management System (TMS), Video & Camera Telematics, Fleet Visibility (Fleet Management System), Fuel Monitoring, and Transport ERP — on a single AI engine processing over 20 billion data points daily from 350,000+ connected commercial vehicles. The platform addresses enterprise fleet operators across manufacturing, mining, FMCG, cement, e-commerce logistics, passenger transit, and transportation with capabilities spanning route optimization, driver behavior monitoring, fuel theft detection, cargo security, and end-to-end transport ERP. Add-on modules such as AI-Powered Truck Routes, Driver Authentication, Tyre Management, Safety Control Tower, FPAY payments, and E-Lock cargo security extend the platform into specialized operational areas.

Product overview

Fleetx.io offers an AI and IoT-powered fleet and logistics management platform with five core products forming an end-to-end intelligence stack: Transport Management System (TMS), Video Telematics, Fleet Visibility/Fleet Management System, Fuel Monitoring, and Transport ERP. These products are unified on a single AI engine that processes over 20 billion data points daily from 350,000+ connected vehicles. The platform also includes specialized add-on modules such as AI-Powered Truck Routes, Tyre Management Module, Driver Authentication System, Safety Control Tower, E-Lock cargo security, FPAY payment platform, FCollect collections, Load Allocation Module, and Smart Alerts. The architecture supports both standalone module deployment and integrated full-suite implementation with 150+ pre-built integrations including SAP, Oracle, Tally, and Zoho Books.

Differentiator

Problem solved

Functional benefit

Brands

• FPAY by Fleetx: Payment platform built for fleet managers to pay drivers, vendors, and transporters directly within Fleetx with built-in payouts, approval workflows, and zero manual reconciliation.
• FCollect by Fleetx

Products and services

• Transport Management System (TMS) AI-powered transporter management system for planning, dispatching, and settling freight end-to-end for fleet operators and logistics companies.
• Video & Camera / Video Telematics AI-powered video telematics and fleet safety management system with dual-facing AI dash cameras for risk detection, detecting 11+ critical driving events including mobile phone usage, fatigue, cargo monitoring, and forward collision warning for fleet operators.
• Fleet Visibility / Fleet Management System Real-time vehicle tracking and fleet management system with GPS monitoring, route planning, and live ETAs providing a bird's-eye view of entire fleet operations for logistics managers.
• Fuel Monitoring AI-powered fuel monitoring system for detecting fuel loss, theft prevention, and consumption optimization, monitoring fuel fills, thefts, excessive idling, and providing real-time alerts to fleet operators.
• Transport ERP Comprehensive logistics management ERP covering dispatch, billing, settlements, fleet maintenance, and compliance with 40+ integrated reports, AI agents for onboarding, reporting, operations, collection, reconciliation, and settlement, and 150+ pre-built integrations.
• Driver Authentication System AI-powered facial recognition and video telematics system that continuously verifies driver identity against pre-registered profiles and alerts fleet managers to anomalies in real time, preventing unauthorized drivers from operating fleet vehicles mid-journey.
• Fleetx E-Lock (GPS-enabled Smart Cargo Lock) GPS-enabled smart lock hardware product for cargo security featuring IP65 protection, 5-day battery life, vibration and wire-cut alerts, real-time tracking, tamper alerts, geofencing, and remote unlocking capabilities for fleet operators and supply chains.
• Tyre Management Module AI-powered digital solution for monitoring tyre health, tracking lifecycle data, and optimizing maintenance schedules in real time for fleet operators, designed to reduce downtime by up to 20% and improve fuel efficiency by up to 10%.
• AI-Powered Truck Routes Routing intelligence engine built specifically for commercial vehicles in India, analyzing data from over 500,000 connected commercial vehicles to provide truck-specific routing guidance including safety indicators, toll economics, and real-time deviation detection for fleet operators.
• Safety & Logistics Control Tower Centralized safety monitoring platform for large-scale fleet operations providing comprehensive safety monitoring, automated alerts, issue management, driver analytics scorecards, and integrated logistics visibility with SAP BTP integration.
• FPAY by Fleetx Payment platform built for fleet managers to pay drivers, vendors, and transporters directly within Fleetx, featuring built-in payouts, approval workflows, zero manual reconciliation, and support for UPI, NEFT, RTGS with bank-grade encryption.
• FCollect by Fleetx Collections platform for handling TDS, partial payments, multi-bill settlements, and disputes natively within Fleetx ERP, with delivery channels via WhatsApp, Email, and URL with no login required for customers.

Quantifiable outcome

• 11% reduction in road accidents
• +12 more outcomes

Named customers12 records

Segments9 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability9 records

Feature10 records

Partnerships

Four partnerships are on record, tiered core and flagship.

• AbhiBuscoreStrategic or Co-development Partner · 29 March 2026AbhiBus partnered with Fleetx to deploy AI-powered safety and fleet intelligence solutions across its bus operator network. The integration includes advanced video telematics, real-time alerts, and centralized control tower to improve safety, operational efficiency, and driver accountability.
• FlixBus IndiaflagshipStrategic or Co-development Partner · 18 March 2026FlixBus India partnered with Fleetx to deploy AI-powered dual-lens dashcams across 100% of its fleet of 200 buses. The phased deployment (50 units each) includes real-time event detection for driver fatigue, mobile phone usage, and camera obstruction, with alerts sent to FlixBus 24/7 Traffic Control team. The partnership aligns with MoRTH safety benchmarks and Viksit Bharat @ 2047 vision.
• SAPcoreTechnology or Integration · 25 September 2025Fleetx Transport ERP integrates with SAP systems as part of its 150+ pre-built integrations. The FMCG client case study demonstrates Fleetx Safety Control Tower integration with SAP BTP, enabling shipment data to flow directly into the monitoring platform.
• OraclecoreTechnology or Integration · 25 September 2025Fleetx Transport ERP offers pre-built integration with Oracle systems as part of its 150+ enterprise integrations portfolio, enabling seamless data flow for enterprise customers.

Scale indicators24 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• LocoNav: LocoNav is an India-based fleet management and vehicle tracking platform offering GPS tracking, video telematics, fuel monitoring, and fleet ERP — directly overlapping Fleetx's core product suite and serving the same enterprise and mid-market customers in Indian logistics, transportation, and construction.
• Samsara: Samsara is a US-based AI-powered fleet management and video telematics platform serving enterprises with connected dashcams, GPS tracking, and IoT sensors — closely comparable product offering to Fleetx's Video Telematics, Fleet Visibility, and AI dashcam stack, though focused on North American and European markets.
• Motive: Motive (formerly KeepTruckin) provides AI dashcams, GPS fleet tracking, spend management, and equipment monitoring for commercial fleets — a near-direct parallel to Fleetx's integrated platform strategy combining video telematics, fleet visibility, and ERP-style operations tools.

Broad incumbents

• Geotab: Geotab is a global telematics leader offering GPS fleet tracking, driver behavior analytics, and vehicle diagnostics for commercial fleets. As an established incumbent expanding into emerging markets including India, Geotab represents the largest-scale competitor benchmark for Fleetx's telematics core.
• Trimble Transportation: Trimble's transportation division provides TMS, fleet maintenance, video telematics, and last-mile solutions for global logistics — overlapping with Fleetx's TMS, Transport ERP, and video telematics offerings as part of a much broader enterprise software portfolio.
• Verizon Connect: Verizon Connect offers fleet management, GPS tracking, video telematics, and asset monitoring as part of Verizon's enterprise services portfolio — directly comparable to Fleetx's full-stack offering but anchored to Verizon's telecom and enterprise distribution.
• Omnitracs: Omnitracs is a long-established North American fleet management and TMS provider serving trucking and logistics enterprises — comparable to Fleetx in target customer (large fleet operators) and TMS/video telematics overlap, though primarily serving the US market.
• Descartes Systems Group: Descartes provides logistics technology including transportation management, route optimization, and customs/compliance solutions for global shippers and carriers — comparable to Fleetx's TMS and routing intelligence capabilities as part of a broader global logistics software suite.

Regional players

• BlackBuck (Blackbuck): BlackBuck is an India-based digital trucking marketplace that also provides fleet management and financing services for truck operators — adjacent to Fleetx as it serves the same Indian trucking ecosystem, though more focused on marketplace and load-matching than full fleet ERP.
• Mahindra Logistics: Mahindra Logistics operates large-scale fleet operations and 3PL services across India, with growing technology and telematics investments — a regionally adjacent player that both competes for fleet customers and increasingly partners with telematics providers like Fleetx.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/fleetx_io
• YouTubeyoutube.com/channel/UCwEhhoDfIYLpYjo0URxEQhA
• Facebookfacebook.com/fleetx.io
• LinkedInlinkedin.com/company/fleetx-io
• Instagraminstagram.com/fleetx.io

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds7 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about fleetx.io