Shitiz Bansal, Founder of ElasticRun

About Shitiz Bansal

Shitiz Bansal is the Co-founder and Chief Technology Officer (CTO) of ElasticRun, a B2B e-commerce and logistics startup for rural India. An alumnus of the Indian Institute of Technology (Banaras Hindu University), Varanasi, he co-founded ElasticRun to enhance delivery capabilities for FMCG companies in previously underserved areas.

Shitiz Bansal at a glance

• Company: ElasticRun
• Total raised: $460M
• Latest round: Series E
• Investors: SoftBank Vision Fund 2, Goldman Sachs Asset Management, Prosus Ventures, Kalaari Capital, Norwest Venture Partners, Avataar Ventures
• Location: Pune, Maharashtra, India

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