Lobb

Bengaluru, India Founded: 2015 • Age: 11 yrs Minicorn
Provider of a digital freight brokerage platform connecting transporters and truckers

About Lobb

Lobb is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2015 by Hemanth G and Jayaram Raju. It operates as a provider of a digital freight brokerage platform connecting transporters and truckers. Lobb has raised $4.56 million across 4 funding rounds from investors including 3one4 Capital, Rajesh Voddiraju and Sharada Nandakumar. The company has 82 employees. Lobb was last valued at $12.17 million in February 2022. Its chief executive is Venu Kondur. Its Indian entity Truckcentral Solutions Private Limited reported revenue of β‚Ή119 Cr. Lobb offers products and services including Lobb Truck and Find a Load. Its focus areas include Consumer, Logistics Tech, Freight and Trucking. Its competitors include BlackBuck, Vahak, Celcius, Onmove and Trans India and 4 more; 8 of its 9 listed competitors have raised funding.

Company details

Founded in 2015 and based in Bengaluru, India, Lobb operates in the logistics sector as a digital freight brokerage platform. Transporters and truckers are connected through verified truck discovery, competitive pricing, and real-time shipment tracking. Consistent loads are ensured for truckers, along with minimized downtime and on-time payment settlements. Logistics are streamlined via a centralized truck placement system and proof of delivery within specified timeframes.

  • Headquarters Bengaluru, India
  • Employees 82
  • Founders Hemanth G, Jayaram Raju
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website lobb.in
  • Social LinkedIn X Facebook Instagram
  • Legal Name Truckcentral Solutions Private Limited
  • Date of Incorporation 07 May, 2015
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹119 Cr

    FY 2024 · +17% YoY

  • Net Loss
    -₹30.1 Lakh

    FY 2024 · 0% margin

  • EBITDA
    ₹9.2 Lakh

    FY 2024 · 0% margin

  • Total Equity Funding
    $4.56M (USD)

    in 4 rounds

  • Latest Funding Round
    $2.9M (USD), Seed

    Jul 2024

  • Investors
  • Employee Count
    82

Products & Services of Lobb

Lobb offers a comprehensive portfolio of products and services, including Lobb Truck and Find a Load.

Lobb Truck
Freight Booking Platform

Platform for booking trucks and managing freight services

Find a Load
Load Matching Service

Service to discover and secure verified freight loads

Apps and channels of Lobb

Lobb publishes 2 mobile apps with over 11K+ downloads.

LOBB TRUCK
Google Play Business Everyone Free
Developer: LOBB
View on Google Play
Lobb FTL
Google Play Business Everyone Free
Developer: LOBB
View on Google Play

Funding Insights of Lobb

Lobb has successfully raised a total of $4.56M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $2.9 million completed in July 2024. 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 $4.56M
  • Total Rounds 4
  • Last Round Seed β€” $2.9M
  • First Round $372,564

    (Mar 2017)

  • Investors Count 20

All 4 funding rounds of Lobb with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2024$2.9MSeed––
Feb 2022$1.1MSeed$12.17MByju Pillai
Mar 2019$187,922Seed$10.05M3one4 Capital
–
Mar 2017$372,564Seed$β€’β€’β€’β€’β€’Haxant
Valuation history
DateValuationStage
Feb 2022$12.17Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2019$10.05Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2017$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Lobb

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Last known valuation $12.17M (Feb 2022). 20 investors in total: 3 institutional and 17 angel.

Investors in Lobb

Lobb has secured backing from 20 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include 3one4 Capital, Rajesh Voddiraju and Sharada Nandakumar.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital investments in technology sectors like SaaS and Fintech in India.
20163one4capital.comBengaluru, India
Professional IT consulting and solutions for ERP, SCM, PLM, and business transformation.
2011haxant.comSunnyvale, United States
Enterprise software services and IT support are provided to businesses.
–ensoftek.comBeaverton, United States

Rajesh Voddiraju

-
–unknown_09eb28dbc172467cb-

Sharada Nandakumar

Angel investor focusing on early-stage Indian startups, ex-entrepreneur
–unknown_3dc2d8f5749c4d6db-

Ramana Reddy

-
–unknown_e89e9f20191d43119-

P Shyama Raju

Chancellor of REVA University, prominent angel investor in Indian startups
–unknown_e37c7bf46eb742d19-

Byju Pillai

Angel investor and entrepreneur, focused on tech startups in India.
–unknown_afd5cde91ad548929-

Srinath Ramakkrushnan

Co-founder of Zetwerk, active angel investor in Indian startups
–unknown_90d10e0dfff144909-

Mohit Mittal

-
–unknown_4d39e42f7e37410d9-
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Investor details for Lobb

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Board of directors of Truckcentral Solutions Private Limited (Lobb)

Truckcentral Solutions Private Limited is the primary company behind Lobb. The board of Truckcentral Solutions Private Limited currently have 3 directors; the longest-serving is Kaju Raju Jayarama, appointed in 2015. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Kaju Raju Jayarama
DIN 05306563
Director07 May 201511 yrs 5 moTruckcentral Solutions Private Limited
Venu Kondur
DIN 07533360
Director16 Jun 201610 yrs 4 moTruckcentral Solutions Private Limited
Gopal Krishan Kaul
DIN 09535205
Nominee Director21 Mar 20224 yrs 7 moTruckcentral Solutions Private Limited

People of Lobb

10 people are tracked at Lobb (5 in leadership, 5 in team); the tracked headcount is 82.

NameRoleGroup
Hemanth G
Co-Founder & CTOLeadership
Jayaram Raju
Co-FounderLeadership
Co founder & CEOLeadership
Prakash Prabhu P
Head Of OperationsLeadership
Maneesh Dhawan
Chief Revenue Officer (cro)Leadership
Mohamed Imthiyazullah
Business Development ExecutiveTeam
Amulaya Uppal
SDETeam
Anusha Inamdar
Human Resources CoordinatorTeam
Padmaja K
Sr.hrTeam
Visma R
Human Resources ExecutiveTeam
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Financials of Lobb

Figures of Truckcentral Solutions Private Limited, the primary company behind Lobb, for FY 2024. Revenue was ₹119 Cr (+17% year on year). Net loss was -₹30.1 Lakh (0% margin). EBITDA was ₹9.2 Lakh (0% margin). Revenue has grown at a compounded annual rate of +85% over three years and +28% over five years.

  • ₹119 CrRevenue · FY 2024 · +17% YoY
  • -₹30.1 LakhNet loss · 0% margin
  • ₹9.2 LakhEBITDA · 0% margin
  • ₹8.45 CrPaid-up capital
  • 82Employees (provident fund records)
  • +85%Revenue CAGR, 3 years
  • +28%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Truckcentral Solutions Private Limited are on its company page.

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Timeline of Lobb

4 dated milestones of Lobb across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Lobb is founded.
  2. Funding First funding round of $373K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $2.9M.

Competitors of Lobb

Lobb has 9 listed competitors in our database, 8 of them funded. They include BlackBuck, Vahak, Celcius, Onmove and Trans India, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
blackbuck.com2015Bengaluru, India$358.82M1,545
Fleet operators are connected with truckers through a digital marketplace.
vahak.in2017Bengaluru, India$25.89M174
An app-based marketplace is operated for cargo transportation bookings.
celcius.in2020Navi Mumbai, India$54.49M256
Cold chain logistics solutions are booked through an online platform.
onmove.in2016Gurugram, India$17.53M245
Technology-enabled platform for transportation management services
transin.in2015Hyderabad, India–50
Online marketplace that connects truck owners with load owners
matchlog.delivery2019Mumbai, India$4.57M35
Match-back optimization solutions for supply chain decarbonization are provided.
raaho.in2015Gurugram, India$7.26M96
Operator of a digital network connecting shippers, truckers, and drivers
trukky.com2015Gurugram, India$553,82212
Online truck booking and logistics services are provided digitally.
4tigo.com2015Bengaluru, India$23.49M3
Operates an online marketplace for truck-based freight transportation services.
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Detailed competitors of Lobb

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Web traffic of Lobb

The website of Lobb (lobb.in) receives about 1.8K visits a month.

  • Monthly visits
    1.8K

    ▼ 23.6% vs previous month

Top companies in Logistics Technology & Platforms

10 companies that operate in the same segment as Lobb (Logistics Technology & Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Ride-hailing and on-demand delivery services are aggregated via mobile app.
2012Singapore, Singapore, SingaporeUSD 10.38 BUSD 3.37 B57,733
Food and grocery deliveries are facilitated through an app-based platform.
2013San Francisco, California, United StatesUSD 2.5 BUSD 10.72 B80,579
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.62 BUSD 2.46 B4,488
Integrated logistics services including parcel delivery and warehousing are provided.
2011Gurugram, Haryana, IndiaUSD 1.25 BUSD 1.12 B23,536
Online marketplace offering multi-category grocery products
2015Barcelona, Catalonia, SpainUSD 1.16 B–15,437
E-commerce tools for shipping, marketing, and financial services are provided.
2012Gurugram, Haryana, IndiaUSD 321.57 MUSD 135.47 M915
App based platform offering on demand delivery and ride-hailing services
2010Jakarta, Jakarta, IndonesiaUSD 4.72 B–998
Express delivery logistics solutions are provided for businesses and individuals.
2015Bengaluru, Karnataka, IndiaUSD 246.8 MUSD 447.86 M–
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B5,792
Wolt is operated as a delivery platform for food and groceries.
2014Helsinki, FinlandUSD 827.96 M––
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Frequently Asked Questions about Lobb

Lobb was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Lobb is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Venu Kondur is the current CEO of Lobb.

Lobb is a funded company, having raised a total of $4.56M across 4 funding rounds to date. The company's 1st funding round was a Seed of $372.56K, raised on Mar 2017.

Lobb has 82 employees.

The primary company behind Lobb, Truckcentral Solutions Private Limited, reported revenue of β‚Ή119 Cr for FY 2024, up 17% year on year.

Founded in 2015 and based in Bengaluru, India, Lobb operates in the logistics sector as a digital freight brokerage platform. Transporters and truckers are connected through verified truck discovery, competitive pricing, and real-time shipment tracking. Consistent loads are ensured for truckers, along with minimized downtime and on-time payment settlements. Logistics are streamlined via a centralized truck placement system and proof of delivery within specified timeframes.

Lobb's top competitors include BlackBuck, Celcius and Vahak.

Lobb offers Lobb Truck and Find a Load.

Lobb has 20 investors. Key investors include 3one4 Capital, Rajesh Voddiraju, Sharada Nandakumar, Ramana Reddy, and P Shyama Raju.

The valuation of Lobb is $12.17M as of Feb 2022.

Lobb operates through Truckcentral Solutions Private Limited.

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