Wiz Freight
Wiz Freight is a digital freight forwarder (legal entity RADAR VENTURES PRIVATE LIMITED) that provides an AI-powered multimodal cross-border logistics platform serving 200+ enterprise shippers across India, Southeast Asia, the Middle East, West Asia, and Africa.
- Company typePrivate
- Founded2020
- HeadquartersChennai, India
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Wiz Freight does
Wiz Freight (legal entity: RADAR VENTURES PRIVATE LIMITED) is a digital freight forwarding company founded in 2020 and headquartered in Chennai, India, with a stated additional operational presence in Bengaluru. The company provides AI-powered digital freight management for cross-border supply chains, targeting shippers and traders moving goods between emerging markets such as India, Southeast Asia, the Middle East, West Asia, and Africa.
The company operates a single AI-powered platform, the Wiz Freight Platform, that aggregates real-time freight capacity across multiple carriers and routes, applies dynamic pricing to produce competitive quotes, and automates booking, tracking, and documentation workflows. The platform supports multimodal logistics (ocean and air freight) and is positioned as a visibility and orchestration layer over fragmented emerging-market freight networks. Proprietary features disclosed include real-time capacity discovery, dynamic pricing, automated workflows, and multimodal logistics orchestration. AI capability is described as applied to optimization (pricing) and process automation; no patents, named models, or third-party benchmarks are disclosed, and the live corporate website is currently a GoDaddy placeholder template, which limits confidence in the public-facing technology brand.
The business model is transaction-fee based on facilitated freight movements, with quote-based pricing tailored to customer requirements. Wiz Freight serves 200+ enterprise customers across India, Southeast Asia, and the Middle East, distributed across cross-border supply chain companies and emerging-market traders. The go-to-market combines sales-led direct enterprise engagement with product-led self-service via the digital platform, supported by inside sales and event-led demand generation. The company has raised a $3.5M seed (Axilor, August 2021), an approximately $36M Series A (Tiger Global, March 2022), and an additional ~$11M round in January 2024 (SBI Investment lead, with Nippon Express as a strategic investor), reaching an implied valuation of approximately ₹1,550 crore (~$185–190M) per 2026 shareholding data, with founders retaining 41.24% and institutional funds 32.94%.
Wiz Freight firmographics
Firmographics- Name
- Wiz Freight
- Legal name
- RADAR VENTURES PRIVATE LIMITED
- Website
- https://wizfreight.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Wiz Freight is a digital freight forwarder (legal entity RADAR VENTURES PRIVATE LIMITED) that provides an AI-powered multimodal cross-border logistics platform serving 200+ enterprise shippers across India, Southeast Asia, the Middle East, West Asia, and Africa.
- Ownership category
- akta.pro rank
Wiz Freight industry classification
Industry- Product category
- Digital Freight Forwarding
- NAICS
- Freight Transportation Arrangement (488510), Freight Transportation Arrangement (48851), Freight Transportation Arrangement (4885)
- SIC
- Arrangement Of Transportation Of Freight & Cargo (4731), Deep Sea Foreign Transportation Of Freight (4412)
- akta.pro primary industry
- Cross-Border Freight Marketplaces (Customs-Aware Matching) (TLAEAJAJ)
- akta.pro secondary industries
- Cross-Border Freight Brokerage (USMCA/EU, etc.) (TLADAMAN), Cross-Border Transportation Management (Customs-Integrated) (TLAIAEAI), Carrier Sales & Capacity Sourcing Platforms (TLAEAJAD)
Keywords
Where Wiz Freight is headquartered
LocationHeadquarters
- HQ city
- Chennai
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
Wiz Freight business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales
Revenue model
- Freight Management Services: Digital platform providing freight management services to over 200 customers across India, Southeast Asia, and the Middle East. Revenue generated from facilitating multimodal logistics (ocean and air freight) for cross-border supply chain customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Custom freight solutions |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels2 records
Wiz Freight product offering
Product offeringCore offering
Wiz Freight operates an AI-powered digital freight management platform that facilitates cross-border multimodal logistics (ocean and air freight) for businesses in emerging markets. The platform provides real-time capacity discovery across multiple carriers, dynamic pricing, and automated workflows for booking, tracking, and managing international freight shipments connecting India with trade locations across Southeast Asia, the Middle East, and Africa. Revenue is earned on a per-shipment transaction-fee basis from the freight it facilitates.
Product overview
Wiz Freight offers a single unified AI-powered digital freight management platform for cross-border supply chain and logistics. The platform provides multimodal logistics solutions (ocean and air freight), connecting emerging markets like India with international trade locations. Key capabilities include real-time capacity discovery, dynamic pricing optimization, and automated workflows, serving over 200 customers across India, Southeast Asia, and the Middle East.
Differentiator
Problem solved
Functional benefit
Products and services
- Wiz Freight Platform
Quantifiable outcome
- Serves over 200 customers across India, Southeast Asia, and the Middle East
Companies that use Wiz Freight
Customer profileNamed customers3 records
Segments2 records
Ideal customer profiles1 record
Wiz Freight technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature4 records
Wiz Freight partnerships and signals
Strategic signalScale indicators6 records
Recent moves5 records
Expansion highlights7 records
Wiz Freight competitors and assessment
Company assessmentDirect peers
- Cogoport: Mumbai-headquartered digital freight forwarding platform serving India and Southeast Asia with ocean and air freight booking, dynamic pricing, and shipment tracking. Most directly comparable to Wiz Freight as an India-based digital cross-border freight marketplace targeting emerging markets.
- Flexport: Global digital freight forwarder offering ocean, air, trucking, and customs services through a software platform. Operates at much larger scale but competes for the same cross-border enterprise freight customer and is expanding into India and Southeast Asia, overlapping directly with Wiz Freight's addressable market.
- Freightos: Publicly listed digital freight marketplace and booking platform primarily serving ocean and air freight globally. Comparable business model (digital marketplace aggregating carrier capacity for shippers) and overlapping product capability around rate discovery, booking, and automated workflows.
- iContainers: Digital ocean freight forwarder offering instant online booking, pricing, and tracking for FCL and LCL shipments across international trade lanes. Closely comparable product offering in digital cross-border ocean freight with similar SMB and mid-market enterprise target customers.
Broad incumbents
- Twill (by Maersk): Digital freight forwarding product launched by global ocean carrier Maersk, offering simplified booking, tracking, and documentation for SMEs. Provides a strong incumbent benchmark for the digital cross-border product experience and competes with Wiz on enterprise ocean freight bookings.
- DHL Global Forwarding: One of the world's largest freight forwarders with full air, ocean, and road capabilities and a growing digital platform (mySupplyChain, etc.). Represents the incumbent benchmark for cross-border enterprise freight and a major competitor as it digitizes its forwarding business.
- Kuehne+Nagel: Global Top-3 freight forwarder with significant ocean, air, and overland capability and aggressive digital platform investments (eTouch, KN FreightNet). Competes with Wiz on enterprise cross-border freight and is increasingly targeting emerging-market digital customers.
- Nippon Express: Japan's largest logistics company with global air, ocean, and contract logistics operations. Also a Wiz Freight investor (2024 round), providing both competitive overlap and a strategic partnership angle that makes it a uniquely positioned peer.
Regional players
- Agility Logistics: Kuwait-headquartered global freight forwarder with strong Middle East, Africa, and South Asia presence. Comparable in geographic focus on emerging-market trade lanes that overlap with Wiz's target corridors, even though Agility is asset-heavy and operates traditional forwarding alongside digital tools.
Emerging players
- Shiprocket: India-headquartered logistics aggregator primarily serving e-commerce shippers with domestic and cross-border parcel/cargo shipping. Tangentially comparable as an India-based digital logistics platform, though Shiprocket's primary focus is e-commerce shipping rather than B2B cross-border freight forwarding.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Wiz Freight social profiles
Digital presenceWiz Freight financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wiz Freight leadership team
Management profileNumber of profiles
Profiles1 record
Wiz Freight funding detail
Funding detailFunding overview
Funding rounds4 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wiz Freight M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wiz Freight
What does Wiz Freight do?
Wiz Freight operates an AI-powered digital freight management platform that facilitates cross-border multimodal logistics (ocean and air freight) for businesses in emerging markets. The platform provides real-time capacity discovery across multiple carriers, dynamic pricing, and automated workflows for booking, tracking, and managing international freight shipments connecting India with trade locations across Southeast Asia, the Middle East, and Africa. Revenue is earned on a per-shipment transaction-fee basis from the freight it facilitates.
Is Wiz Freight a public or private company?
Wiz Freight is a private company. It is classified as venture growth investor backed and is currently operating.
When was Wiz Freight founded?
Wiz Freight was founded in 2020. It employs 1,001 to 5,000 people.
Where is Wiz Freight based?
Wiz Freight is headquartered in Chennai, India, in the Asia region.
How does Wiz Freight make money?
One revenue line is on record: freight Management Services.
Who are Wiz Freight's main competitors?
Direct peers on record are Cogoport, Flexport, Freightos and iContainers. Broad incumbents are Twill (by Maersk), DHL Global Forwarding, Kuehne+Nagel and Nippon Express. Agility Logistics is listed as a regional player. Shiprocket is listed as an emerging player.
Does Wiz Freight have an API?
No public API is recorded for Wiz Freight.
What industry is Wiz Freight in?
Wiz Freight's product category is Digital Freight Forwarding. Its primary akta.pro industry code is TLAEAJAJ, Cross-Border Freight Marketplaces (Customs-Aware Matching), with a secondary code of TLADAMAN, Cross-Border Freight Brokerage (USMCA/EU, etc.). Its NAICS code is 488510 and its SIC code is 4731.