Founded
2016
Team Size
2000
Total Funding
₹531 Cr
Valuation
₹4,150 Cr
Last-mile logistics for rural and semi-urban India.
Core Differentiator
Asset-light, shared logistics network specifically designed for rural and semi-urban last-mile delivery across India
Target Market
FMCG brands, e-commerce companies, and kiranas in Tier 2-6 towns and rural India
Key Innovation
Collaborative logistics model leveraging existing transport capacity and local entrepreneur network for cost-efficient rural distribution
Dense network of 2 lakh+ kirana stores and local logistics partners across 2000+ towns creates increasing value with scale
Asset-light model with shared capacity reduces distribution costs by 25-40% compared to traditional logistics
Integrated into FMCG supply chains and kirana ordering patterns making replacement difficult
Proprietary demand prediction and route optimization algorithms built on rural consumption data
₹182 Cr
Total Raised
2
Rounds
Series E
Latest · Feb 01, 2026
Unlock the full funding history below — every round's amount, valuation & investors.
Latest Round
2021-01-01
₹149 Cr
Investors
Series E
Feb 01, 2026
₹33 Cr
ElasticRun’s playbook for last-mile delivery; Making job applications faster, smarter
ElasticRun is fulfilling India’s quick commerce appetite with last-mile delivery solutions
Can D2C Be ElasticRun’s Most Profitable Bet Yet?
Location
Website
Visit WebsiteGrowth Rate
68%
Funding Rounds
2