Numadic
Builds undisrupting logistics through low cost sensors for trucking and logistics companies.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor investor investor investor | €0.0 | round | |
$2.5m Valuation: $20.0m | Seed | ||
| Total Funding | 000k | ||
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Numadic is a vehicle interface platform that focuses on simplifying the automation of vehicle identification, location, and transactions. The company primarily serves the Indian trucking logistics sector, providing cost-effective GPS trackers and sensors. Numadic's solutions include NU Visibility, which offers vehicle identity, fleet profile, and location APIs, and NU Toll, a digital tolling application with user success monitoring and transaction analytics. Another key product is NU Fuel, which enables FASTag-based fuel payments through vehicle identity and wallet check APIs, backed by anti-fraud and transaction oversight engines.
Numadic operates in the logistics and transportation market, targeting fleet operators and logistics companies. The business model revolves around offering hardware and software solutions that integrate seamlessly with existing fleet management systems. Revenue is generated through the sale of GPS trackers and sensors, as well as subscription fees for access to their APIs and web applications.
Numadic's platform supports 16,80,000 daily transactions, connects 4.1 million vehicles, and handles an average transaction value of 200 million annually. The company has offices in Goa, India, and London, United Kingdom.
Keywords: vehicle interface, GPS trackers, Indian trucking, logistics, fleet management, NU Visibility, NU Toll, NU Fuel, FASTag, IoT sensors.