WebXpressrevenue, valuation & funding

Transportation Management Systems (TMS)Chennai, Tamil Nadu, IndiaFounded 2005CEO Apurva Mankad

WebXpress is a Mumbai-headquartered transportation and logistics software-as-a-service company founded in 2005 by Apurva Mankad.

webxpress.in LinkedInUpdated Oct 5, 2026

Annual revenue: $3M; Oct 2024EST.
Valuation: $4M; Mar 2022
Total raised: $1.4M; 2 rounds
Employees: 63; Oct 2024

WebXpress revenue

WebXpress' last reported revenue was $1M in March 2022 (Apurva Mankad on camera; India). GetLatka estimates it at about $3M a year (October 2024). WebXpress is #763 on the Latka Top. The Latka Top ranks the 1,372 companies Nathan Latka has interviewed by revenue.

$1M

$2M

$3M

$684K

$1M

$1.3M

$3M

2021202220232024

ReportedEstimateOne figure per year; a reported figure wins over an estimate

All 4 revenue readings, with sources

As of	Revenue	Source
Mar 2021	$684K	–
Mar 2022	$1M	Apurva Mankad on cameraWatch at 11:41India
Nov 2023	$1.3MEST.	GetLatka estimate
Oct 2024	$3MEST.	GetLatka estimate

– source not recorded

WebXpress valuation

WebXpress is privately held, so there is no WebXpress stock to buy. Investors valued it at $4M in its March 2022 Raising 1H 2022 round.

Valuation history$4M Raising 1H 2022 2022$1M 2016

WebXpress funding rounds & investors

WebXpress has raised $1.4M across two rounds since 2016. The latest was a $1.2M Raising 1H 2022 round in March 2022.

Date	Round	Raised	Valuation	Source
Mar 2022	Raising 1H 2022	$1.2M	$4M	–
Jun 2016	Funding round	$200K	$1M	Apurva Mankad on cameraWatch at 14:37
	Total raised	$1.4M

Interviews with Apurva Mankad

Nathan Latka has interviewed WebXpress once, speaking with Apurva Mankad. Each figure links to the second it was said.

Watch

March 2022 · Apurva Mankad, Founder and CEO

How WebXpress Hit $1M ARR in India Tracking 5 Million Shipments a Month for 100 Enterprise Customers (Interview with CEO Apurva Mankad)

Revenue$1M ARR (India)Watch at 11:41
ProfitableYesWatch at 13:23
Customers100Watch at 10:31
Revenue per user$1,000Watch at 1:51
Growth35%Watch at 12:02
Employees70Watch at 13:06
+2 more

Read the interview Watch

WebXpress competitors

WebXpress competes most directly with Shiprocket.

Company	Revenue	Funding	Employees	Customers	Founded
Shiprocket	$90.5M	$86.9M	1,231	35K	2012
WebXpress	$3M	$1.4M	63	100	2005

WebXpress CEO, founders & employees

Apurva Mankad founded WebXpress in 2005 and runs it as CEO. WebXpress had 63 employees (October 2024, LinkedIn), down from 68 a year earlier.

Apurva MankadFounder & CEO
1 interview

20202021202220232024

ReportedOne figure per year; a reported figure wins over an estimate

All 5 headcount readings, with sources

As of	Employees	Source
Oct 2024	63	LinkedIn
Nov 2023	68	–
Mar 2022	70	Apurva Mankad on cameraWatch at 13:06
Nov 2021	47	–
Nov 2020	41	–

WebXpress FAQ

What is WebXpress' revenue?

GetLatka estimates WebXpress' revenue at about $3M a year (October 2024). The last reported figure was $1M in March 2022 (India), as Apurva Mankad said on camera.

What is WebXpress' valuation?

Investors valued WebXpress at $4M in its March 2022 Raising 1H 2022 round.

How much funding has WebXpress raised?

WebXpress has raised $1.4M across two funding rounds. The latest was a $1.2M Raising 1H 2022 round in March 2022.

Is WebXpress publicly traded?

No. WebXpress is a private company, so its shares aren't traded on a stock exchange.

Is WebXpress profitable?

WebXpress was profitable in March 2022, as Apurva Mankad said on camera.

How many employees does WebXpress have?

WebXpress had 63 employees in October 2024, according to LinkedIn.

Who is the CEO of WebXpress?

Apurva Mankad is the CEO of WebXpress and founded the company in 2005. Nathan Latka interviewed Apurva Mankad in March 2022.

Who founded WebXpress?

Apurva Mankad founded WebXpress in 2005.

How this page is sourced

11 said on camera · 1 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice. The Latka Top ranks the private, operating companies Nathan Latka has interviewed by the latest revenue figure on each profile, reported or estimated; equal figures share a rank.

Updated Oct 5, 2026Data disclaimer Report a correction Claim this profile