- Business
- Jet Freight Logistics Limited (JETFREIGHT.NS), founded in 1986 and headquartered in Mumbai, India, operates as a technology-driven integrated freight forwarding and logistics company offering end-to-end supply chain solutions across air, ocean, rail, surface transportation, and multimodal services; core offerings include air cargo door-to-door delivery, ocean freight forwarding, surface parcel delivery and full truckload freight, customs clearance, warehousing (open, closed, and in-transit), cargo consolidation for buyers and sellers, courier services, chartering, handling of perishable and temperature-controlled cargo such as pharmaceuticals, vaccines, bulk drugs, frozen seafood, vegetables, fruits, and cut flowers, time-sensitive and general cargo shipments, hazardous materials transport, over-dimensional and heavy-lift cargo, as well as specialized logistics for electronics, machinery, garments, and tissue cultures, serving clients in automotive, pharmaceuticals, engineering, retail, FMCG, e-commerce, government, and manufacturing sectors domestically across India and internationally to over 200 countries with daily capacity exceeding 150 tonnes of air cargo. The company maintains a network of branches in key Indian cities and international subsidiaries including Jet Freight Express Private Limited, Jet Freight Logistics B.V., Jet Freight Logistics INC., Vank Global Services Private Limited, and Jet Freight Logistics FZCO. Recent developments encompass its March 2024 agreement to acquire Jet Speed Freight LLC in the UAE for AED 300,000 to bolster Middle East operations, an August 2024 private placement of 26.15 million convertible warrants raising INR 98 million primarily from promoter Richard Francis Theknath for strategic expansion, preparations to launch its own cargo airline JetExpress announced in May 2025 enhancing air freight capabilities, and reports of strong Q2 and H1 FY25 financial performance driven by global partnerships and resilience in perishables logistics.