Loadshare Networks Private Limited operates in India’s last-mile delivery/logistics space and is categorised under communications & IT services. British International Investment (BII) committed an equity investment to support the company’s growth under its ‘VC Scale-up’ strategy, with the aim of creating more jobs. The investment rationale emphasises positive earnings impact for low-income last‑mile delivery partners and truck drivers. BII partnered with a fund manager to co-invest and relied on the fund manager’s environmental and social due diligence. BII and the investee developed an environmental and social action plan including hiring E&S capacity, implementing an ESMS and mitigation measures around labour, working conditions, independent contractors and road safety. The investment is recorded as active (project number D4371) and the listing was last updated June 2024. LoadShare is a logistics-tech platform serving marquee B2C and B2B e-commerce clients, with expanded operations in quick commerce, grocery, dark stores, regional e‑commerce and part truck load services. The company operates an asset-light model powered by 1000+ SME partners, reaching 9,000+ pin codes and delivering over 250k orders per day across 18 states. Founded in 2017, LoadShare has demonstrated rapid scaling and profitability with a capital-efficient business model. Existing investors include Matrix Partners, Stellaris Venture Partners, Beenext and CDC. Post-transaction plans focus on building distinctive SME logistics technology, expanding regional logistics and warehousing networks, densifying the national transport network, and improving customer experience. Management emphasizes SME digitization and product expansion to capture growth in e-commerce and hyperlocal segments. LoadShare Networks offers a technology-enabled, asset-light logistics marketplace serving SMEs with hyperlocal, intracity B2C deliveries and regional intercity B2B distribution solutions. The company uses tech and operations know-how to provide a pan-India network for small and medium enterprises. Over the last two years it expanded beyond its northeast origins to 18 states and more than 400 towns, and over the past 12 months created over 3,000 new jobs across its partner ecosystem. Management says it operates in a roughly $20 billion addressable market and is extending services from e-commerce into CPG, industrials, pharmaceuticals, grocery and other essentials. Future plans include deepening clientele, investing in technology, geographic expansion and new initiatives around hyperlocal delivery and movement of essentials. The company was co-founded in 2017 by Raghu Talluri, Pramod Nair and Rakib Ahmed and is headquartered in Bengaluru. Loadshare operates a last-mile delivery and trucking technology platform serving markets in India. British International Investment (BII) says its investment was intended to support the company's growth and create more jobs for low-income workers employed by last-mile delivery partners and truck drivers. The company operates in regions with high unemployment where increased formal employment is expected to positively impact earnings. BII classifies Loadshare in the Communications & IT services sector and records the company as domiciled in India. As part of its engagement, BII and its fund manager developed an environmental and social action plan including hiring E&S capacity, developing an ESMS, and mitigation measures for labour, independent contractors and road safety. The investment formed part of BII's 'VC Scale-up' strategy to support growth-stage companies in its venture capital portfolio. Loadshare is an asset-light express logistics network that connects small and medium enterprises (SMEs) with technology and operations know-how to create a pan-India delivery network. It offers first mile, line-haul, last mile deliveries and modular logistics software solutions to partners. The company reported coverage of more than 3,500 pin codes across North East & East India, all four South Indian states, Rajasthan, Uttar Pradesh and key metros. Loadshare was founded in 2017 by Raghu Talluri, Tanmoy Karmakar, Rakib Ahmed and Pramod Nair and is headquartered in Bengaluru. The team emphasizes helping SME logistics partners grow while delivering low cost and wide reach, and plans to expand into B2B in addition to scaling B2C. The company intends to use new capital to strengthen its leadership team, expand geographies, and further invest in its logistics technology platform.

Total raised

$19M

Funding rounds

6

Latest round

Equity

Latest activity

Jan 2022