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
-
Sectors
Industrial Goods & ManufacturingTechnology Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$1.7 M (USD)
in 1 rounds
-
Latest Funding Round
$1.7 M (USD), Angel Round
Apr 03, 2018
-
Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Letstrak
Letstrak offers a comprehensive portfolio of products and services, including Letstrack App, TouchTAGs, StickerTAGs, DigiTAGs, and Vehicle Trackers. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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 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 Total Funding
- Total Rounds 1
- Last Round Angel Round — $1.7M
-
First Round
First Round
(03 Apr 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2018 | Amount | Angel Round - Letstrak | Valuation | James Arthur |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Letstrak
Letstrak has secured backing from 1 investor, including angel investors. Prominent investors backing the company include James Arthur. 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 |
|---|---|---|---|---|
|
JA
James Arthur |
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Letstrak
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Letstrak
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Letstrak Comparisons
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. 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 |
Cloud-based positioning solutions are offered for industrial sectors.
|
|
| domain | founded_year | HQ Location |
Geospatial data is analyzed from satellite imagery for enterprise insights.
|
|
| domain | founded_year | HQ Location |
Equipment rental marketplace and digital tools for construction are offered.
|
|
| domain | founded_year | HQ Location |
SaaS-enabled solutions for fleet and field service management are offered.
|
|
| domain | founded_year | HQ Location |
Fleet, asset, and mobile workforce management solutions are provided.
|
|
| domain | founded_year | HQ Location |
Remote asset tracking and management solutions are provided globally.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Letstrak
Frequently Asked Questions about Letstrak
When was Letstrak founded?
Letstrak was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Letstrak located?
Letstrak is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Letstrak?
Vikkram Kumar is the current CEO of Letstrak. They have also founded this company.
Is Letstrak a funded 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 03, 2018.
What does Letstrak do?
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.
Who are the top competitors of Letstrak?
Letstrak's top competitors include Trimble, EquipmentShare and Orbital Insight.
What products or services does Letstrak offer?
Letstrak offers Letstrack App, TouchTAGs, StickerTAGs, DigiTAGs, and Vehicle Trackers.
Who are Letstrak's investors?
Letstrak has 1 investor. Key investors include James Arthur.