ElasticRun Unicorn
ElasticRun is One of India's fastest-growing fulfillment networks. Our mission is to democratise market access for Indian commerce by empowering brands, marketplaces, and D2C businesses with a connected and intelligent fulfilment platform. We combine nationwide logistics infrastructure with advanced technology and AI-driven intelligence to simplify operations, improve reach, and deliver superior customer experiences.
ElasticRun: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 17 Feb 2022 | Series E | $330 Mn | Goldman Sachs Asset Management SoftBank Vision Fund 2 Chimera Investment (Abu Dhabi) InnoVen Capital Prosus | source |
| 28 Apr 2021 | Series D | $75 Mn | Avataar Ventures Prosus Kalaari Capital Schroder Adveq | source |
| 30 Oct 2019 | Series C | $40 Mn | Prosus Avataar Ventures Kalaari Capital | source |
| 5 Oct 2018 | Series B | ₹60 Cr | Kalaari Capital Norwest Venture Partners | source |
| 1 Apr 2017 | Seed | $7 Mn | Kalaari Capital Norwest Venture Partners | source |
Recent Signals
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17 May 2025 · market-expansion
ElasticRun scales quick-commerce dark-store network to 800-850 stores source -
7 Jun 2024 · financial
HSBC marks down ElasticRun's valuation to $800 Mn source -
15 Nov 2023 · financial
ElasticRun's FY23 net loss nearly doubles to INR 618.82 Cr source -
7 Feb 2022 · growth-traction
ElasticRun becomes India's 5th unicorn of 2022 after SoftBank-led round source
News on ElasticRun
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Who founded ElasticRun?
ElasticRun was founded by Sandeep Deshmukh, Saurabh Nigam, Shitiz Bansal in 2016.
How much funding has ElasticRun raised?
ElasticRun has raised $460.5 Mn across 5 tracked funding round(s), most recently on 2022-02-17. Figures are compiled from cited public sources.
Who are the investors in ElasticRun?
Investors in ElasticRun include Goldman Sachs Asset Management, SoftBank Vision Fund 2, Chimera Investment (Abu Dhabi), InnoVen Capital, Prosus, Avataar Ventures, Kalaari Capital, Schroder Adveq.
What does ElasticRun do?
ElasticRun is One of India's fastest-growing fulfillment networks. Our mission is to democratise market access for Indian commerce by empowering brands, marketplaces, and D2C businesses with a connected and intelligent fulfilment platform. We combine nationwide logistics infrastructure with advanced technology and AI-driven intelligence to simplify…
Where is ElasticRun headquartered?
ElasticRun is headquartered in Pune, Maharashtra, India.
What is ElasticRun's business model?
ElasticRun's core value proposition centers on Powering every brand to reach every shelf, Scale without building your own infrastructure, Own your demand and delivery data, Lower landed cost by eliminating asset underutilisation.
How does ElasticRun make money?
ElasticRun's cited revenue streams include Logistics-network-as-a-service fees from other e-commerce platforms, Data and market-intelligence fees charged to brands, Fees from lending partners for credit facilitation, Libera AI-techstack SaaS.