About LocalOye
LocalOye is a company based in Bengaluru (India) founded in 2013 by Aditya Rao, Sidharth Rao, and Anupam Tulsyan. It operates as a B2C. LocalOye has raised $5.21 million across 2 funding rounds from investors including Lightspeed Venture Partners, Tiger Global and Sachin Bhatia. The company has 1 employees as of March 31, 2022. LocalOye operates in a competitive market with competitors including OneDios, Bro4u, Lookup, FindYahan and Just Call Services, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 31 Mar, 2022
- Founders Aditya Rao, Sidharth Rao, Anupam Tulsyan
- Stage Minicorn
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Sectors
Business Services
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Imma Web Private Limited
- Date of Incorporation 16 Aug, 2013
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
Not available
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Net Profit
-$1.62 K (USD)-265.18as on Mar 31, 2022
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EBITDA
-$441.8 (USD)37.57as on Mar 31, 2022
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Total Equity Funding
$5.21 M (USD)
in 2 rounds
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Latest Funding Round
$5 M (USD), Series A
Apr 14, 2015
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Investors
Lightspeed Venture Partners
& 3 more
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Employee Count
1
as on Mar 31, 2022
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Funding Insights of LocalOye
LocalOye has successfully raised a total of $5.21M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in April 2015. 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 LocalOye
LocalOye has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Lightspeed Venture Partners, Tiger Global and Sachin Bhatia.
| Investor | Description | Founded Year | Domain | Location |
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Venture and private equity investments are managed with global diversification.
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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SB
Sachin Bhatia |
Co-founder of TrulyMadly, angel investor in Indian startups
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Investor details for LocalOye
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Investments & Acquisitions by LocalOye
Investment portfolio details for LocalOye
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Financial Statements - LocalOye
Detailed financials for LocalOye
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Localoye Comparisons
Peer comparison for LocalOye
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- Named peers
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Competitors of LocalOye
LocalOye 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 OneDios, Bro4u, Lookup, FindYahan and Just Call Services, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Local services are facilitated through an online marketplace platform.
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An online marketplace for local services
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Online marketplace for multiple local services
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Local services are searched and booked through an online marketplace.
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Provides an app-based platform for booking various local services.
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Detailed competitors of LocalOye
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Latest news on Localoye
Complete news archive for LocalOye
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Frequently Asked Questions about LocalOye
LocalOye was founded in 2013 and raised its 1st funding round 1 year after it was founded.
LocalOye is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
LocalOye is a funded company, having raised a total of $5.21M across 2 funding rounds to date.
As of Mar 31, 2022, the latest employee count at LocalOye is 1.
LocalOye, founded in 2013 in Bengaluru, India, focuses on providing essential services, online marketplaces, local services, and service aggregation. Hosts a digital marketplace for multiple local services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
LocalOye has 4 investors. Key investors include Lightspeed Venture Partners, Tiger Global, Sachin Bhatia, and Haresh Chawla.
The valuation of LocalOye is $12.21M as of Apr 2015.