About Letstrak
Letstrak is a company based in Delhi (India) founded in 2016 by Vikkram Kumar. Letstrak has raised $1.7 million across 1 funding round from investors including James Arthur. Letstrak offers products and services including Letstrack App, TouchTAGs, StickerTAGs, DigiTAGs, and Vehicle Trackers. Letstrak operates in a competitive market with competitors including Trimble, Orbital Insight, EquipmentShare, Spireon and Fleet Complete, among others.
- Headquarter Delhi, India
- Founders Vikkram Kumar
- SectorsIndustrial Goods & ManufacturingTechnology Transportation, Automotive & Logistics
- Email••••••••
- Website letstrack.com
- Social X Facebook Instagram
- Legal Name Letstrak Tech Private Limited
- Date of Incorporation 31 Mar, 2016
- Annual Revenue₹18.06 Cr
FY 2024 · -3% YoY
- Net Profit₹9.8 Lakh
FY 2024 · 1% margin
- EBITDA₹69.5 Lakh
FY 2024 · 4% margin
- Total Equity Funding$1.7M (USD)
in 1 rounds
- Latest Funding Round$1.7M (USD), Angel Round
Apr 2018
Associated legal entities of Letstrak
Letstrak operates through Letstrak Tech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Letstrak Tech Private Limited CIN U72900HR2016PTC063685 | Active | 31 Mar 2016 | Karnal, Haryana | ₹18.1 Cr | 2 | 2 | View details |
Products & Services of Letstrak
Letstrak offers a comprehensive portfolio of products and services, including Letstrack App, TouchTAGs, StickerTAGs, DigiTAGs, and Vehicle Trackers.
Mobile app for real-time monitoring of people and belongings.
Tags that notify users if pets are lost and track history.
Stickers for tracking items like bags and keys easily.
Digital tags for monitoring various personal items securely.
Devices to track cars and share journey details in real-time.
Apps and channels of Letstrak
Letstrak publishes 2 mobile apps with over 500K+ downloads.
Funding Insights of Letstrak
Letstrak has successfully raised a total of $1.7M through 1 strategic funding round. The most recent funding activity was a Angel Round of $1.7 million completed in April 2018. 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 $1.7M
- Total Rounds 1
- Last Round Angel Round — $1.7M
- First Round $1.7M
(Apr 2018)
- Investors Count 1
All 1 funding rounds of Letstrak with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2018 | $1.7M | Angel Round | – | James Arthur | – |
1 investors in total: 0 institutional and 1 angel.
Investors in Letstrak
Letstrak has secured backing from 1 investor, including angel investors. Prominent investors backing the company include James Arthur.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
JA James Arthur | - | – | unknown_5976cd7e783841aca | - |
Investor details for Letstrak
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Letstrak Tech Private Limited (Letstrak)
Letstrak Tech Private Limited is the primary company behind Letstrak. The board of Letstrak Tech Private Limited currently have 2 directors; the longest-serving is Baldev Singh, appointed in 2023. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Baldev Singh DIN 10122323 | Director | 19 Apr 2023 | 3 yrs 5 mo | Letstrak Tech Private Limited |
| Sadhna Juneja DIN 08656355 | Director | 20 Jun 2023 | 3 yrs 3 mo | Letstrak Tech Private Limited |
People of Letstrak
1 people are tracked at Letstrak (1 in leadership).
| Name | Role | Group |
|---|---|---|
Vikkram Kumar | Founder & CEO | Leadership |
Complete people profiles for Letstrak
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Letstrak
Figures of Letstrak Tech Private Limited, the primary company behind Letstrak, for FY 2024. Revenue was ₹18.06 Cr (-3% year on year). Net profit was ₹9.8 Lakh (1% margin). EBITDA was ₹69.5 Lakh (4% margin). Revenue has grown at a compounded annual rate of -4% over three years and -3% over five years.
- ₹18.06 CrRevenue · FY 2024 · -3% YoY
- ₹9.8 LakhNet profit · 1% margin
- ₹69.5 LakhEBITDA · 4% margin
- ₹1 LakhPaid-up capital
- 2Employees (provident fund records)
- -4%Revenue CAGR, 3 years
- -3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Letstrak Tech Private Limited are on its company page.
Detailed financial statements for Letstrak
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.
Timeline of Letstrak
2 dated milestones of Letstrak across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Letstrak is founded.
- Funding First funding round of $1.7M.
Competitors of Letstrak
Letstrak 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 Trimble, Orbital Insight, EquipmentShare, Spireon and Fleet Complete, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| trimble.com | 1978 | Sunnyvale, United States | – | 12,700 | Cloud-based positioning solutions are offered for industrial sectors. | |
| orbitalinsight.com | 2013 | Palo Alto, United States | $130.2M | 106 | Geospatial data is analyzed from satellite imagery for enterprise insights. | |
| equipmentshare.com | 2014 | Columbia, United States | $806.48M | 2,377 | Equipment rental marketplace and digital tools for construction are offered. | |
| spireon.com | 2003 | Knoxville, United States | $7.71M | 364 | SaaS-enabled solutions for fleet and field service management are offered. | |
| fleetcomplete.com | 1998 | Toronto, Canada | – | 423 | Fleet, asset, and mobile workforce management solutions are provided. | |
| skybitz.com | 1995 | Sterling, United States | $48M | – | Remote asset tracking and management solutions are provided globally. | |
| navenio.com | 2015 | London, United Kingdom | $31.01M | 60 | Sensor-based location monitoring systems are provided for healthcare workforce. | |
| quartix.com | 2001 | Chicago, United States | – | 181 | GPS vehicle tracking and fleet management solutions are provided. | |
| mytraffic.io | 2015 | Paris, France | $40.96M | – | Cloud-based traffic data for commercial sites is analyzed and mapped. | |
| satsure.co | 2017 | Bengaluru, India | $27.65M | 141 | Geospatial data analytics are powered by AI for business insights. |
Detailed competitors of Letstrak
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.
Web traffic of Letstrak
The website of Letstrak (letstrack.com) receives about 9K visits a month.
- Monthly visits9K
▼ 73% vs previous month
Websites whose visitors overlap most with Letstrak. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
bshopy.in | bshopy.in | 100% | – | #548,823 | – |
Latest news on Letstrak
Complete news archive for Letstrak
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Letstrak
10 companies that operate in the same segment as Letstrak (Physical Security & Surveillance), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based business telephony and home security services are provided. | 2004 | Palo Alto, California, United States | USD 87.97 M | USD 273.6 M | 1,190 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Family and friends are connected through location-sharing mobile app. | 2008 | San Francisco, California, United States | USD 89.74 M | USD 489.48 M | 569 | |
Wireless home security systems are offered with cellular monitoring. | 2006 | Boston, Massachusetts, United States | USD 387 M | – | – | |
Enterprise video surveillance systems and platforms are developed. | 2016 | San Mateo, California, United States | USD 656.64 M | – | – | |
Wireless smart home security cameras and doorbells are provided. | 2009 | Boston, Massachusetts, United States | USD 40.07 M | – | – | |
Locations are identified and shared via unique three-word addresses. | 2013 | London, England, United Kingdom | USD 231.46 M | – | – | |
Provider of smart thermostats for commercial and residential applications | 2007 | Toronto, Ontario, Canada | USD 151.52 M | – | – | |
A personal safety network is provided for community protection. | 2017 | New York, New York, United States | USD 143.72 M | – | – |
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Frequently Asked Questions about Letstrak
Letstrak was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Letstrak is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Vikkram Kumar is the current CEO of Letstrak. They have also founded this company.
Letstrak is a funded company, having raised a total of $1.7M across 1 funding round to date. The company's 1st funding round was a Angel Round of $1.7M, raised on Apr 2018.
The primary company behind Letstrak, Letstrak Tech Private Limited, reported revenue of ₹18.06 Cr for FY 2024, down 3% year on year.
Letstrak was founded in 2016 in Delhi, India, as a provider of GPS-based tracking solutions in the safety technology sector. Real-time location data for children, elderly individuals, pets, and vehicles is delivered through mobile apps and devices. A chat feature is integrated for communication, and tracking hardware is sold via the companys website. Operations focus on fleet and personal asset monitoring.
Letstrak's top competitors include Trimble, EquipmentShare and Orbital Insight.
Letstrak offers Letstrack App, TouchTAGs, StickerTAGs, DigiTAGs, and Vehicle Trackers.
Letstrak has 1 investor. Key investors include James Arthur.
Letstrak operates through Letstrak Tech Private Limited.
The legal entities of Letstrak currently have 2 directors, including Sadhna Juneja, Baldev Singh.
Yes. Letstrak publishes Letstrack and 1 more app, with over 500,000 downloads.