About AssetTrackr
AssetTrackr is a company based in Bengaluru (India) founded in 2013 by Vikas Minda was acquired by WABCO in August 2017.. AssetTrackr has raised $649.33 thousand across 2 funding rounds from investors including ZF Commercial Vehicle Solutions, Prasad BVN and Chakradhar Yerneni. AssetTrackr operates in a competitive market with competitors including Samsara, Radius, GreenRoad, EquipmentShare and Spireon, among others.
- Headquarter Bengaluru, India
- Founders Vikas Minda
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Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics Technology
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Email
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Phone
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Website
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Social
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- Legal Name Zf Digital Solutions India Private Limited
- Date of Incorporation 25 Aug, 2011
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$4.75 M (USD)18.96as on Mar 31, 2023
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Net Profit
$417.27 K (USD)55.67as on Mar 31, 2023
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EBITDA
$463.12 K (USD)10.5as on Mar 31, 2023
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Total Equity Funding
$649.33 K (USD)
in 2 rounds
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Latest Funding Round
$149.33 K (USD), Angel Round
Mar 23, 2016
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Investors
ZF Commercial Vehicle Solutions
& 5 more
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Employee Count
Employee Count
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Acquired by
WABCO
(Aug 08, 2017)
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Funding Insights of AssetTrackr
AssetTrackr has successfully raised a total of $649.33K across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $149.33 thousand completed in March 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Angel Round — $149,332
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First Round
First Round
(25 Mar 2013)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2016 | Amount | Angel Round - AssetTrackr | Valuation | Prasad BVN , Chakradhar Yerneni |
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| Mar, 2013 | Amount | Angel Round - AssetTrackr | Valuation | Prasad BVN |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AssetTrackr
AssetTrackr has secured backing from 6 investors, including angel and institutional investors. Prominent investors backing the company include ZF Commercial Vehicle Solutions, Prasad BVN and Chakradhar Yerneni. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Braking systems and chassis components are designed, manufactured, and supplied.
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Founded Year | Domain | Location | |
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PB
Prasad BVN |
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Founded Year | Domain | Location |
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CY
Chakradhar Yerneni |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AssetTrackr
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AssetTrackr
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Assettrackr Comparisons
Competitors of AssetTrackr
AssetTrackr operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Samsara, Radius, GreenRoad, EquipmentShare and Spireon, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
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| domain | founded_year | HQ Location |
Predictive marketing and sales platform
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| domain | founded_year | HQ Location |
Fleet telematics and management solutions for safe driving are provided.
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| domain | founded_year | HQ Location |
Equipment rental marketplace and digital tools for construction are offered.
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| domain | founded_year | HQ Location |
SaaS-enabled solutions for fleet and field service management are offered.
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| domain | founded_year | HQ Location |
IoT networking hardware and device management platforms are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Assettrackr
Frequently Asked Questions about AssetTrackr
When was AssetTrackr founded?
AssetTrackr was founded in 2013.
Where is AssetTrackr located?
AssetTrackr is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is AssetTrackr a funded company?
AssetTrackr is a funded company, having raised a total of $649.33K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $500K, raised on Mar 25, 2013.
What is the annual revenue of AssetTrackr?
Annual revenue of AssetTrackr is $4.75M as on Mar 31, 2023.
What does AssetTrackr do?
AssetTrackr uses GPS and GPRS technologies to provide real time tracking of vehicles fleet, buses, personal car and corporate transportation. Solutions include vehicle tracking, fleet management, fuel and temperature monitoring and taxi dispatch solution. Its product, SafeKar is a personal vehicle tracking product primarily for chauffeur-driven cars to track and manage the vehicle, identify the misuse or dangerous driving by the driver. It also provides maintenance reminders, average mileage, odometer tracking and route history. Follows a subscription model for its products. Customers include DTDC, The Professional Couriers, GMR, ABIR Infrastructure, BigBasket etc. Investors include Kiran Basani, CEO of AddOnUSA; Prasad BVN, VP at Aspen Technology. The company was acquired by WABCO in Aug 2017.
Who are the top competitors of AssetTrackr?
AssetTrackr's top competitors include Samsara, Radius and EquipmentShare.
Who are AssetTrackr's investors?
AssetTrackr has 6 investors. Key investors include ZF Commercial Vehicle Solutions, Prasad BVN, Chakradhar Yerneni, Chakradhar Yerneni, and Kiran Basani.
What is AssetTrackr's valuation?
The valuation of AssetTrackr is $575.37K as of Mar 2016.
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