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Loadshare Reviews

Bengaluru, Karnataka

4.0/ 5

3 reviews

LoadShare Networks Private Limited, incorporated in January 2017, is a prominent tech-driven, asset-light logistics network company headquartered in Bengaluru, Karnataka, India. Founded by Raghuram Talluri (CEO), Pramod Nair (CTO), and Rakib Ahmed (Operations)—seasoned professionals with backgrounds at McKinsey, Myntra, Snapdeal, and Freecharge—the company was established to solve deep-rooted fragmentation and inefficiencies in India's last-mile logistics sector by acting as a comprehensive operating system rather than a traditional courier agency. Operating primarily across four delivery verticals, LoadShare provides enterprise-grade logistics infrastructure catering to e-commerce (forward and reverse last-mile), quick commerce (sub-30-minute hyperlocal delivery), food delivery, and mobility (two-wheel passenger supply). Additionally, it extends into intercity transportation through part-truckload (PTL), full-truckload (FTL), line-haul, and regional warehousing solutions. A core facet of LoadShare's business model involves empowering small and medium-sized enterprise (SME) logistics players by providing them with an advanced proprietary technology platform, strategic domain expertise, and operational assistance. This collaborative, asset-light network spans more than 10,000 pin codes with a massive geographic footprint particularly rooted in East and North East India, alongside major metros and states like Karnataka, Kerala, Gujarat, and Uttar Pradesh. As a Series C startup, LoadShare has raised a total of approximately $65 million across multiple institutional funding rounds. Its investment roster features premier venture capital and private equity firms, including Tiger Global Management, Matrix Partners India, Stellaris Venture Partners, Beenext, Filter Capital, and British International Investment. Structurally, the company continues to witness extensive operational scale; by fiscal year 2026, LoadShare moved roughly 550,000 daily network deliveries, utilized an active rider network exceeding 20,000 personnel, and moved an additional 20 lakh daily orders via its licensed software-as-a-service (SaaS) platform built for external B2B and B2C logistics management. Financially, LoadShare recorded operational revenues of INR 361.2 crore in FY22 and INR 384.5 crore in FY23, while successfully narrowing its fiscal losses by nearly 20% over that same period. By fiscal year 2026, its annualized revenue scale reached approximately INR 800 crore, highlighting its transition toward enhanced capital efficiency and sustainable unit economics. Through strategic logistics partnerships with prominent domestic enterprises—including Amazon, Flipkart, Myntra, Meesho, DTDC, and Elastic Run—and being one of the foundational logistics partners to achieve on-network delivery for the government-backed Open Network for Digital Commerce (ONDC), LoadShare Networks operates as a critical backbone of modern digital commerce fulfillment across both Tier 1 cities and deep Tier 2 and Tier 3 Indian towns.