About eLocals
eLocals was a Retail company based in Bengaluru (India) founded in 2017 by Priyam Tyagi and Avkash Kumar. A deals aggregator platform for e-commerce portals, streamlining offers and connections. It operates on a B2B model. Its chief executive, as recorded, is Avkash Kumar. Its Indian entity Locals Digital Services Private Limited reported revenue of ₹1.1 Lakh. The company is recorded as dissolved. Its focus areas include Technology, E-commerce, Deals Aggregation and Platform Services. Its competitors include magicpin, Fave India and TalkCharge; 1 of its 3 listed competitors has raised funding.
Company details
eLocals, founded in 2017 in Bengaluru, India, focuses on leveraging cutting-edge technology, operating online marketplaces, deals aggregation, and platform services. A deals aggregator platform for e-commerce portals, streamlining offers and connections. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Bengaluru, India
- Founders Priyam Tyagi, Avkash Kumar
- SectorsRetail
- Website elocals.in
- Social X Facebook
- Legal Name Locals Digital Services Private Limited
- Date of Incorporation 27 Jun, 2017
- Jurisdiction Patna, Bihar, India
- Annual Revenue₹1.1 Lakh
FY 2021 · +481% YoY
- Net Loss-₹4.5 Lakh
FY 2021 · -419% margin
- EBITDA-₹4.5 Lakh
FY 2021 · -419% margin
Associated legal entities of eLocals
eLocals operates through Locals Digital Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Locals Digital Services Private Limited CIN U74999BR2017PTC034964 | Active | 27 Jun 2017 | Patna, Bihar | ₹0.0 Cr | 2 | View details |
Board of directors of Locals Digital Services Private Limited (eLocals)
Locals Digital Services Private Limited is the primary company behind eLocals. The board of Locals Digital Services Private Limited currently have 2 directors; the longest-serving is Avkash Kumar, appointed in 2017. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Avkash Kumar DIN 06928202 | Director | 27 Jun 2017 | 9 yrs 4 mo | Locals Digital Services Private Limited |
| Kuldeep Kumar DIN 08528698 | Additional Director | 05 Aug 2019 | 7 yrs 3 mo | Locals Digital Services Private Limited |
People of eLocals
2 people are tracked at eLocals (2 in leadership).
| Name | Role | Group |
|---|---|---|
Priyam Tyagi | Co-Founder | Leadership |
| Co-Founder, CEO | Leadership |
Complete people profiles for eLocals
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of eLocals
Figures of Locals Digital Services Private Limited, the primary company behind eLocals, for FY 2021. Revenue was ₹1.1 Lakh (+481% year on year). Net loss was -₹4.5 Lakh (-419% margin). EBITDA was -₹4.5 Lakh (-419% margin). Revenue has grown at a compounded annual rate of +22% over three years.
- ₹1.1 LakhRevenue · FY 2021 · +481% YoY
- -₹4.5 LakhNet loss · -419% margin
- -₹4.5 LakhEBITDA · -419% margin
- ₹1 LakhPaid-up capital
- +22%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Locals Digital Services Private Limited are on its company page.
Detailed financial statements for eLocals
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of eLocals
eLocals has 3 listed competitors in our database, 1 of them funded. They include magicpin, Fave India and TalkCharge.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| magicpin.in | 2015 | Gurugram, India | $104.65M | 632 | Online platform offering discovery of local deals, experiences, and rewards | |
| myfave.in | 2014 | India | 3,305 | Online platform offering rewards and cashback on multi-category products and services | ||
| talkcharge.com | 2015 | Gurugram, India | Operates a digital platform providing discounts and cashback rewards for consumers. |
Detailed competitors of eLocals
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Deals, Rewards & Comparison Platforms
2 companies that operate in the same segment as eLocals (Deals, Rewards & Comparison Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Cashback and coupon offers are provided for e-commerce shopping. | Gurugram, Haryana, India | USD 32.61 M |
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Frequently Asked Questions about eLocals
eLocals was founded in 2017.
eLocals is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Avkash Kumar is the CEO of eLocals, as recorded in our data. They have also founded this company.
The primary company behind eLocals, Locals Digital Services Private Limited, reported revenue of ₹1.1 Lakh for FY 2021, up 481% year on year.
eLocals, founded in 2017 in Bengaluru, India, focuses on leveraging cutting-edge technology, operating online marketplaces, deals aggregation, and platform services. A deals aggregator platform for e-commerce portals, streamlining offers and connections. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
eLocals's top competitors include magicpin, TalkCharge and Fave India.
eLocals operates through Locals Digital Services Private Limited.
The legal entities of eLocals currently have 2 directors, including Kuldeep Kumar, Avkash Kumar.