Company Intelligence Profile
Q Fleet Private Limited
Q'Fleet is a fleet management and shared-mobility/logistics company, incorporated 12 Oct 2023 and operational since Feb 2024, founded by Vinod Kumar Varla and Sushma C.B.
Last updated 21 August 2026
Q Fleet Private Limited, incorporated in October 2023 and based in Telangana, is an active fleet-management and shared-mobility company founded by Vinod Kumar Varla and Sushma C.B. Its services include vehicle leasing, fleet maintenance and logistics such as employee transport and last-mile delivery, operating in Hyderabad and Bengaluru. For the financial year 2024 it reported revenue of Rs 27.86 lakh and carries open charges, including borrowings from HDFC Bank.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
See what AICA knows about Q Fleet
Deeper analysis, financial signals and peer comparisons.
Company Identity
| Registered name | Q Fleet Private Limited |
|---|---|
| CIN | U52219TS2023PTC177988 |
| PAN | Not available in the public sources reviewed. |
| Status | Active |
| Listing | Unlisted (Private Limited Company) |
| Incorporated | 12 October 2023 |
| ROC | RoC-Hyderabad / Telangana |
| Sector (NIC) | Falconebiz: "Other land transport services n.e.c." |
| Registered address | Conflict between sources: Tofler shows "5-9-120 PNO 53 BAPUJI NAGAR YAPRAL ROAD, Jawahar Nagar, Tirumalagiri, Hyderabad, Telangana - 500087" |
| Authorized capital |
|
| Paid-up capital | ₹30,00,000 (₹30 lakh) — confirmed by all three sources |
Business Overview
- Q'Fleet is a fleet management and shared-mobility/logistics company, incorporated 12 Oct 2023 and operational since Feb 2024, founded by Vinod Kumar Varla and Sushma C.B. Services: vehicle leasing (compact cars to utility/specialized vehicles), fleet maintenance, logistics (employee transport, last-mile delivery), EV/hybrid sustainability offerings, and customized fleet solutions
- Claims 200+ cars, 20+ three-wheelers, 1.5+ lac trips, 140K+ packets delivered, operating in Hyderabad and Bengaluru
- Partners cited: Uber, Amazon (platform partners)
- Mahindra Finance, Kotak, Toyota Financial Services (financing partners)
- Source: quefleet.com (company website — self-reported, not independently verified)
Directors
Confirmed by Falconebiz (with DINs) and corroborated by TheCompanyCheck (names only, no DINs):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Vinod Kumar Varla | 09518805 | Director | 12 Oct 2023 |
| Chelimela Bala Sushma | 10352988 | Director | 12 Oct 2023 |
Financials
- Revenue ₹27.86 lakh. EBITDA and Net Profit locked behind Falconebiz's premium tier — not obtained. Latest balance sheet on file dated 31 March 2025, last AGM 30 September 2025 — but the corresponding FY2025 revenue/profit figures were not disclosed in the fetched content. Net worth and borrowings figures not obtained (standalone/consolidated basis not specified — likely standalone, single-entity filer). Auditor: Proddutur Vijaya Bhasker
Charges & Borrowings
- Open charges totalling ₹2.58 crore
- Satisfied charges: ₹0
- Lenders: HDFC Bank (₹0.33 crore) and other lenders (₹2.25 crore, lender names not itemized in fetched content)
- Consistent with a fleet-leasing business financing vehicle purchases via secured loans
- Not cross-verified by a second source
Legal / Litigation
Indian Kanoon search for "Q Fleet Private Limited" returned zero matching cases as of this check — no litigation history found.
Competitors
Named peers in the vehicle-leasing/fleet-management-for-gig-mobility space in India (rough scale tags, not independently verified against this company's exact scale):
- Zoomcar (listed, much larger scale, consumer + fleet leasing)
- Revv (mid-size, self-drive/fleet leasing)
- Myles Cars (mid-size, self-drive car rental/fleet)
- Quiklyz (Mahindra-backed, larger scale, vehicle leasing-as-a-service)
- Shuttl / Chalo-style fleet aggregators (comparable small/mid scale, employee transport focus)
- Local Hyderabad/Bengaluru driver-partner fleet aggregators (comparable small scale, unnamed/unbranded competitors)
These are drawn from general market knowledge of the Indian fleet-leasing-for-gig-economy sector, not from a source that named Q'Fleet's direct competitors explicitly — treat as indicative, not confirmed.
Frequently Asked Questions
What does Q Fleet Private Limited do?
What is the CIN of Q Fleet Private Limited?
Where is Q Fleet Private Limited registered?
When was Q Fleet Private Limited incorporated?
Recur Market
Which lenders fit a company like Q Fleet Private Limited?
Answer a few questions about your business and see which banks and NBFCs match, with indicative rates.
Explore on Recur Club
More from Recur Club
Looking for business funding?
Recur Club is India's largest AI-native debt platform - working capital, term loans and structured debt from 150+ lending partners, without diluting equity.
