Fleetx Raises $13 Mn To Help Logistics Companies Digitise Operations

FleetX raises $13M to digitize logistics operations for trucking companies through IoT and AI-driven solutions. The Gurugram-based logistics SaaS startup, Fleetx, secured ₹113 crore ($13.2 million) in a Series C funding round led by IndiaMART Intermesh and BEENEXT's Accelerate Fund. The fresh capital will be deployed to expand Fleetx's product capabilities in fleet management, fuel analytics, and video telematics, and strengthen its market reach across India. The company aims to leverage AI and IoT to provide cutting-edge solutions for optimizing physical operations, reducing costs, and improving safety for its over 2,000 clients.