Key Metrics
  • No. of Employees2777
  • Founded Year 2016
  • Company StagePrivate Limited Company
  • Total Funding₹3,409.41 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About ElasticRun
ElasticRun provides a logistics and distribution platform designed to help businesses reach traditionally unserviced consumers. Its platform acts as an extended arm of FMCG companies’ direct distribution networks in the rural area to provide a set of net new customers to the FMCG companies. It has been helping eCommerce companies reach customers infar-flung areas through its network of rural Kirana stores. ElasticRun brings banks and financial institutions closer to a new set of underserviced SME customers from its rural Kirana network. ElasticRun has been harnessing the data generated from its platform to help its customers sharpen their marketing plans.
Business Model

ElasticRun is a Kirana Commerce platform that aggregates supply from over 400 FMCG brands and provides logistics and warehousing services to rural stores in over eighty thousand villages across 26 states in India.

Top Competitors
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ApnaklubU72900KA2019PTC126614
SO
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JU
JumbotailU72200KA2015PTC083865
ElasticRun Funding Details
Funding Highlights
Latest Funding RoundSeries E
Total Funding Raised₹3,409.41 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors4
Investors
  • Prosus, Avataar Ventures, Kalaari Capital, SoftBank
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
ElasticRun Financial Details
Financial Highlights
FY 2023-24 Revenue₹2,544.77 Cr
FY 2023-24 Expenses₹2,904.37 Cr
FY 2023-24 Profit/Loss-₹359.6 Cr
Net Cash Flow From Operations-₹282.68 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
ElasticRun Key People
People Metrics
Current Core Team3
Board Members/Directors6

Core Team

SS
Sandeep Shridharrao Deshmukh Co-Founder & CEO
SB
Shitiz BansalCo-Founder & CTO
SK
Saurabh Kumar NigamCo- Founder & COO

Board Members/Directors

NR
Narendra RathiDirector
RR
Raju RajeshDirector
AS
Ashutosh SharmaDirector
SS
Sandeep Shridharrao Deshmukh Director
SB
Shitiz BansalDirector
SK
Saurabh Kumar NigamDirector
ElasticRun Documents

AY - 2018-19

Profit and Loss statement - ElasticRun - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of ElasticRun for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - ElasticRun - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of ElasticRun for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - ElasticRun - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of ElasticRun for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - ElasticRun - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of ElasticRun for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - ElasticRun - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of ElasticRun for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - ElasticRun - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of ElasticRun for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - ElasticRun - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of ElasticRun for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - ElasticRun - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of ElasticRun for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and Loss statement - ElasticRun - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of ElasticRun for FY 2022-23.
₹249.00 ₹498.00
Balance Sheet - ElasticRun - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of ElasticRun for FY 2022-23.
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - ElasticRun - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of ElasticRun for FY 2023-24
₹249.00 ₹498.00
Balance sheet - ElasticRun - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of ElasticRun for FY 2023-24
₹249.00 ₹498.00

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