About LocoDrive
LocoDrive is a company based in Delhi (India) founded in 2019. It operates as a B2B. The company has 248 employees as of March 31, 2023. LocoDrive operates in a competitive market with competitors including Samsara, Wright Express, Radius, Platform Science and Fleetmatics, among others.
- Headquarter Delhi, India
- Employees 248 as on 31 Mar, 2023
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Sectors
Technology
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Phone
*********
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Website
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- Legal Name Loconav India Private Limited
- Date of Incorporation 10 Jun, 2020
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$21.05 M (USD)45.47as on Mar 31, 2023
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Net Profit
$-3.5 M (USD)9.81as on Mar 31, 2023
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EBITDA
$-3.46 M (USD)3.64as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
248
as on Mar 31, 2023
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Funding Insights of LocoDrive
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by LocoDrive
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - LocoDrive
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Locodrive Comparisons
Competitors of LocoDrive
LocoDrive 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 Samsara, Wright Express, Radius, Platform Science and Fleetmatics, 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 |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
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| domain | founded_year | HQ Location |
Employee benefit administration and payment solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Predictive marketing and sales platform
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| domain | founded_year | HQ Location |
Provider of integrated solutions for fleet management
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| domain | founded_year | HQ Location |
Fleet management solutions are provided for tracking and optimization needs.
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| domain | founded_year | HQ Location |
Cloud-based fleet management solutions are provided for transportation operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about LocoDrive
When was LocoDrive founded?
LocoDrive was founded in 2019.
Where is LocoDrive located?
LocoDrive is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
How many employees does LocoDrive have?
As of Mar 31, 2023, the latest employee count at LocoDrive is 248.
What is the annual revenue of LocoDrive?
Annual revenue of LocoDrive is $21.05M as on Mar 31, 2023.
What does LocoDrive do?
LocoDrive, established in 2019 and currently in Dissolved stage, focuses on transportation and logistics, logistics management, managing fleet operations, and ai solutions. Delivers AI-based fleet management solutions tailored for the logistics industry. Adapting to market demands with innovation and client-focused strategies.
Who are the top competitors of LocoDrive?
LocoDrive's top competitors include Samsara, Wright Express and Radius.