Speedy Multimodes

What Speedy Multimodes does

Speedy Multimodes Ltd. is an Indian Container Freight Station (CFS) operator headquartered in Mumbai, founded in 2016 by Capt. Ashish Chandna, a former master mariner and ex-CEO of Navkar Corporation. The company runs two strategically located CFS facilities: one adjacent to JNPT (Nhava Sheva), India's largest container port handling approximately 40% of the country's containerized ocean trade, and a second at Mundra in Gujarat with connectivity to northern hinterlands. Service scope spans import and export cargo movements, bonded and non-bonded warehousing under the Customs Act, 1962, reefer plugging with 250 kV generator backup, dedicated hazardous cargo (DG) sheds, buffer container yard operations, Direct Port Delivery (DPD), and over-dimensional cargo handling using a proprietary low-bed trailer fleet, with on-site customs officials facilitating examination and clearance.

The company operates a platform-plus-modules architecture. The physical CFS core is augmented by a digital layer — the myCFS Speedy customer portal plus dedicated tracking and reporting tools (CFS Import In, CFS Export Out, Buffer Export Out, Import Empty Container Inventory, SCMTR) — that enables contactless documentation, real-time cargo visibility, and zero-touch service workflows. Revenue is generated predominantly through transaction-based service fees for container handling, storage (with duty deferment on bonded volumes), reefer plugging, hazmat handling, and buffer yard management, billed under SAC code 996711 (Cargo Handling Services) with publicly downloadable tariff documents. The company has extended its commercial surface into a MatexNet-powered E-Auction marketplace for residual and distressed inventory. Customers include enterprise shippers and logistics firms across shipping (Cosco Shipping Line), 3PL (Capricorn Logistics), oil and energy (Indian Oil), and automotive manufacturing (Tata Motors). The entity is structured as Speedy Multimodes Ltd., a public limited company with an active Registrar & Share Transfer Agent, and no PE/VC or parent-company involvement is disclosed in the source material.

Name

Speedy Multimodes

Legal name

Speedy Multimodes Ltd.

Website

https://speedycfs.com

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Speedy Multimodes is an Indian Container Freight Station operator running two strategically located CFS facilities at JNPT (Nhava Sheva) and Mundra ports, serving EXIM shippers, shipping lines, and manufacturers with import/export handling, bonded warehousing, reefer, and hazmat cargo services.

Ownership category

akta.pro rank

Product category

Container Freight Station Services

NAICS

Marine Cargo Handling (48832), Support Activities for Water Transportation (4883)

SIC

Arrangement Of Transportation Of Freight & Cargo (4731)

akta.pro primary industry

Container Freight Stations (CFS) & LCL Deconsolidation/Consolidation (TLAHAAAG)

akta.pro secondary industries

Container Freight Stations (CFS) (TLALAJAC), Container Stuffing/Unstuffing & Deconsolidation (CFS Services) (TLAHALAG)

Keywords

• Container Freight Station
• Bonded Warehousing Services
• Port Logistics Operations
• Reefer Cargo Handling
• Hazardous Cargo Storage

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Container Freight Station Services: Cargo handling, consolidation, deconsolidation, storage, and movement services for import and export containers. Revenue generated through service fees based on container volume, weight, storage duration, and service type.
2. Bonded and Non-Bonded Warehousing: Storage services for imported goods allowing deferred customs duty payment. Revenue from storage rental and handling charges.
3. Reefer Services: Temperature-controlled storage for perishable and temperature-sensitive cargo with reefer plug points and generator backup.
4. Hazardous Cargo Handling: Specialized handling and storage of dangerous goods (DG) cargo in dedicated hazmat sheds.
5. Buffer Container Yard Operations: Storage and management of factory-stuffed export containers awaiting customs clearance before port delivery.
6. Direct Port Delivery (DPD): Expedited cargo clearance and delivery services directly from port to consignee.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Speedy Multimodes operates Container Freight Station (CFS) facilities at JNPT (Nhava Sheva) and Mundra ports in India, providing import/export container movements, bonded and non-bonded warehousing, reefer plugging, hazardous cargo handling, and buffer container yard operations. The company also offers Direct Port Delivery (DPD) services and runs a digital portal (myCFS Speedy) that enables customers to complete documentation, share advance information, and track cargo in real time without requiring physical presence at the facility.

Product overview

Speedy Multimodes operates a platform-plus-modules architecture centered on Container Freight Station (CFS) services at JNPT (Nhava Sheva) and Mundra ports. The core offering includes import/export movements, bonded and non-bonded warehousing, reefer plugging, and hazardous cargo handling. This is supported by a suite of digital tools: the myCFS Speedy portal for contactless service management, along with tracking tools (CFS Import In, CFS Export Out, Buffer Export Out, Import Empty Container Inventory, SCMTR) for cargo visibility. Value-added services include E-Auctions via MatexNet for distressed inventory. The digital tools integrate with core CFS operations to enable end-to-end logistics management without physical presence at facilities.

Differentiator

Problem solved

Functional benefit

Brands

• myCFS Speedy: Digital portal enabling customers to access CFS services, share advance information, complete documentation, and get real-time updates without physical presence.

Products and services

• Import Movements
• Export Movements
• Public-Bonded Warehouse
• Reefer Plugging
• Hazardous Cargo Handling
• Buffer Container Yard
• myCFS Speedy Digital Portal
• E-Auctions

Quantifiable outcome

• Reduced turnaround time for cargo movement due to port proximity
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• MatexNetminorOthersMatexNet is an online marketplace integrated into Speedy Multimodes' service offerings for E-Auctions. Customers can buy and sell residual inventory, machinery, industrial by-products, non-performing and stressed assets through this platform.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Navkar Corporation: Listed Indian CFS and ICD operator with major facilities at JNPT and Vapi. Speedy's founder Capt. Ashish Chandna previously served as CEO and led its IPO, making this a highly comparable business model and customer base.
• Allcargo Terminals: India's largest listed CFS operator with facilities at multiple ports including JNPT, providing identical import/export container handling, bonded warehousing, and reefer services. Closest direct competitor to Speedy at JNPT and across India's west coast.
• Gateway Distriparks: Indian listed logistics company operating CFS facilities and rail-linked container terminals, providing comparable container freight station, bonded warehousing, and ICD services to shippers and shipping lines.
• Container Corporation of India (CONCOR): Indian public-sector multimodal logistics leader operating a large network of Inland Container Depots and CFS facilities. Competes with Speedy in containerized cargo handling, bonded warehousing, and intermodal logistics.
• Transport Corporation of India (TCI): Diversified Indian logistics and supply chain company with CFS, warehousing, and freight forwarding operations. Overlaps with Speedy in container handling and bonded/non-bonded warehousing for EXIM customers.

Broad incumbents

• APM Terminals: Global terminal operating company with Indian container terminal presence and inland logistics services. Operates at a different scale and scope than Speedy but serves the same import/export customer base at Indian ports.
• DP World: Global port operator with Indian operations including container terminals and integrated logistics. Competes with Speedy indirectly through port-side services and supply chain solutions for large shippers.
• Adani Logistics: Logistics arm of Adani Ports & SEZ, operating large container terminals, multimodal logistics parks, and warehousing. A broad incumbent with greater scale and pricing power than Speedy across India's port logistics value chain.
• JSW Infrastructure: Indian port and logistics operator with container terminal operations and inland logistics assets. Provides adjacent competition and capacity benchmarks relevant to CFS operators like Speedy at major Indian ports.
• A.P. Moller-Maersk: Global integrated container shipping and logistics company. A Speedy customer and a broader competitor offering end-to-end logistics, CFS, and supply chain services to the same EXIM customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/speedy-multimodes-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Speedy Multimodes