Company Intelligence Profile
Virya Logistics Technologies Private Limited
Virya Logistics Technologies Pvt Ltd is the legal/holding entity operating under the brand "Agraga" — a Chennai-headquartered, unified digital freight-forwarding and cross-border logistics platform founded in 2021 by Anoop Raghavan and Venkatesh Narayanaswamy.
Last updated 17 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Unlock the full profile on AICA
Deeper analysis, financial signals and peer comparisons.
Company Identity
Confirmed| Registered name | Virya Logistics Technologies Private Limited |
|---|---|
| CIN | U72900TN2021PTC143265 |
| PAN | AAICV0508K |
| Status | Active |
| Listing | Unlisted (private limited company; not listed on any stock exchange) |
| Incorporated | 05 May 2021 |
| ROC | Registrar of Companies, Chennai (Tamil Nadu) |
| Sector (NIC) |
|
| Registered address |
|
| Authorized capital | ₹5.0 crore |
| Paid-up capital | ₹1.02 crore per Tofler/Falconebiz; one search snippet (aggregator-derived) showed ₹50 lakh — flagged as a minor source conflict, ₹1.02 cr taken as more reliable since two independent paid platforms agree. |
Business Overview
Confirmed- Virya Logistics Technologies Pvt Ltd is the legal/holding entity operating under the brand "Agraga" — a Chennai-headquartered, unified digital freight-forwarding and cross-border logistics platform founded in 2021 by Anoop Raghavan and Venkatesh Narayanaswamy
- Agraga integrates asset holders (carriers, truckers, warehouses, customs agents) into a single digital layer covering ocean/air/rail/road freight, warehousing, customs clearance, cargo insurance and trade finance, serving 200-700+ enterprise and MSME exporters/importers across 30-40+ countries via 500-1,000+ digitally connected partners
- It operates a subsidiary, Byteport Logistics Technologies, focused on channel-partner aggregation for the MSME/LCL (less-than-container-load) segment
Directors
Partial / conflicting| Name | DIN | Role | Appointed |
|---|---|---|---|
| Anoop Raghavan | 09165720 | Director & Shareholder & Co-founder | 05 May 2021 |
| Venkatesh Narayanaswamy | 08585250 | Director & Shareholder & Co-founder | 23 Feb 2022 |
| Ashish Wadhwani | 06620044 | Nominee Director | 08 May 2024 |
GST Registrations
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 33AAICV0508K1ZE | Tamil Nadu | AAICV0508K (Source: Tofler; corroborated indirectly via GSTIN prefix on piceapp/microvistatech, which derive from the same PAN) | - |
| 06AAICV0508K1ZB | Haryana | AAICV0508K (Source: Tofler; corroborated indirectly via GSTIN prefix on piceapp/microvistatech, which derive from the same PAN) | - |
| 08AAICV0508K1Z7 | Rajasthan | AAICV0508K (Source: Tofler; corroborated indirectly via GSTIN prefix on piceapp/microvistatech, which derive from the same PAN) | - |
| 23AAICV0508K1ZF | Madhya Pradesh | AAICV0508K (Source: Tofler; corroborated indirectly via GSTIN prefix on piceapp/microvistatech, which derive from the same PAN) | - |
| 27AAICV0508K1Z7 | Maharashtra | AAICV0508K (Source: Tofler; corroborated indirectly via GSTIN prefix on piceapp/microvistatech, which derive from the same PAN) | - |
| 36AAICV0508K1Z8 | Telangana | AAICV0508K (Source: Tofler; corroborated indirectly via GSTIN prefix on piceapp/microvistatech, which derive from the same PAN) | - |
| 32AAICV0508K1ZG | Kerala | AAICV0508K (Source: Tofler; corroborated indirectly via GSTIN prefix on piceapp/microvistatech, which derive from the same PAN) | Active |
Primary GSTIN (Tamil Nadu, home state): 33AAICV0508K1ZE. PAN: AAICV0508K. Multiple additional state GST registrations reported under the same PAN, consistent with a pan-India logistics operation: 06AAICV0508K1ZB (Haryana), 08AAICV0508K1Z7 (Rajasthan), 23AAICV0508K1ZF (Madhya Pradesh), 27AAICV0508K1Z7 (Maharashtra), 36AAICV0508K1Z8 (Telangana), 32AAICV0508K1ZG (Kerala) — at least 7 registrations total. Status: Active (confirmed via piceapp and microvistatech, two independent GSTIN-lookup sources agreeing on the TN GSTIN; other state GSTINs single-sourced/partial).
Financials
Partial / conflicting- Revenue ≈ ₹122.65 crore (~₹123 Cr), +30% YoY growth. Operating margin ≈7.97%, net profit margin ≈6.98% per Tofler. Net worth declined ≈18.74% YoY. Total borrowings increased ≈13.91% YoY. Auditor: S.R. Batliboi & Associates LLP for FY2025. Standalone vs consolidated basis not explicitly stated by any source — not obtained. EPFO-registered employee headcount ≈118 vs ≈128-145 reported on LinkedIn/TheCompanyCheck at various 2025 dates — roughly consistent range, not a hard conflict
Funding
Confirmed- Total disclosed funding ≈ $20.5M across 2 rounds
- Series A: ₹70 crore (~$8.51M), announced 16 May 2023, led by IvyCap Ventures with participation from Alteria Capital
- Pre-Series B: ₹100 crore (~$12M), announced Nov 2025, led by Bajaj Finserv Group
- Valuation not disclosed in any source
Charges / Loans
Partial / conflicting- Tofler (older snapshot) shows total outstanding charges ≈₹159 crore across 4 lenders — IDFC First Bank ₹79 Cr (2 charges), ICICI Bank ₹60 Cr (1 charge), SIDBI ₹10 Cr (1 charge), Catalyst Trusteeship Ltd ₹10 Cr (1 charge)
- Falconebiz (more recent snapshot) shows open charges ₹186 Cr and satisfied charges ₹16 Cr, including a new charge of ₹30 Cr dated 03 Feb 2026 ("Others") and a SIDBI charge of ₹10 Cr dated 06 Nov 2025
- The discrepancy is consistent with additional charges being registered between the two snapshot dates rather than a data error — both are reported as-is
Competitors
Partial / conflicting- India-focused digital freight-forwarding / logistics-tech peers: 1) Cogoport (Mumbai, est. 2016) — larger scale, broader digital freight marketplace
- 2) FreightMango — comparable-stage digital freight forwarder
- 3) Freight Tiger — freight visibility/tech platform, similar enterprise logistics focus
- 4) FR8 (Chennai) — trucking-focused freight-tech, smaller/similar stage
- 5) Flexport — global freight forwarding tech platform, much larger scale (international)
- 6) Wiz Freight — freight-forwarding SaaS/platform peer
- (Freightwalla, an earlier Mumbai freight-tech peer, reportedly shut down.) Source: aggregated web search, not independently verified per-competitor
Frequently Asked Questions
What does Virya Logistics Technologies Private Limited do?
What is the CIN of Virya Logistics Technologies Private Limited?
Where is Virya Logistics Technologies Private Limited registered?
When was Virya Logistics Technologies Private Limited incorporated?
Explore on Recur Club
Bharat Ke Super Founders
Recur Club's show spotlighting the founders building India's next generation of companies. Watch their stories.
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.
