About Lobb
Lobb is a company based in Bengaluru (India) founded in 2015 by Hemanth G and Jayaram Raju. 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 as of April 03, 2024. Lobb offers products and services including Lobb Truck and Find a Load. Lobb operates in a competitive market with competitors including BlackBuck, Vahak, Celcius, Onmove and Trans India, among others.
- Headquarter Bengaluru, India
- Employees 82 as on 03 Apr, 2024
- Founders Hemanth G, Jayaram Raju
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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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 Truckcentral Solutions Private Limited
- Date of Incorporation 07 May, 2015
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$12.26 M (USD)162.63as on Mar 31, 2023
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Net Profit
-$236.72 K (USD)12.63as on Mar 31, 2023
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EBITDA
-$227.28 K (USD)16.22as on Mar 31, 2023
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Total Equity Funding
$4.56 M (USD)
in 4 rounds
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Latest Funding Round
$2.9 M (USD), Seed
Jul 04, 2024
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Investors
3one4 Capital
& 19 more
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Employee Count
82
as on Apr 03, 2024
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Products & Services of Lobb
Lobb offers a comprehensive portfolio of products and services, including Lobb Truck and Find a Load.
Platform for booking trucks and managing freight services
Service to discover and secure verified freight loads
People of Lobb
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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.
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.
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Venture capital investments in technology sectors like SaaS and Fintech in India.
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Professional IT consulting and solutions for ERP, SCM, PLM, and business transformation.
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Enterprise software services and IT support are provided to businesses.
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Investor details for Lobb
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Investments & Acquisitions by Lobb
Investment portfolio details for Lobb
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Financial Statements - Lobb
Detailed financials for Lobb
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Lobb Comparisons
Peer comparison for Lobb
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Competitors of Lobb
Lobb 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 BlackBuck, Vahak, Celcius, Onmove and Trans India, among others.
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Fleet operators are connected with truckers through a digital marketplace.
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An app-based marketplace is operated for cargo transportation bookings.
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Cold chain logistics solutions are booked through an online platform.
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Technology-enabled platform for transportation management services
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Online marketplace that connects truck owners with load owners
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Detailed competitors of Lobb
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Latest news on Lobb
Complete news archive for Lobb
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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.
As of Apr 03, 2024, the latest employee count at Lobb is 82.
Annual revenue of Lobb is $12.26M as on Mar 31, 2023.
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 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.