About LocoDrive
LocoDrive is a company based in Delhi (India) founded in 2019. It operates as a B2B. The company has 248 employees. LocoDrive operates in a competitive market with competitors including Samsara, Wright Express, Radius, Platform Science and Fleetmatics, among others.
- Headquarter Delhi, India
- Employees 248
- SectorsTechnology
- Website locodrive.com
- Legal Name Loconav India Private Limited
- Date of Incorporation 10 Jun, 2020
- Jurisdiction Delhi, India
- Annual Revenue₹43.20 Cr
FY 2025 · +20% YoY
- Net Loss-₹1.52 Cr
FY 2025 · -4% margin
- EBITDA-₹1.13 Cr
FY 2025 · -3% margin
- Employee Count248
Associated legal entities of LocoDrive
LocoDrive operates through Loconav India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Loconav India Private Limited CIN U74110DL2020FTC364624 | Active | 10 Jun 2020 | Delhi, Delhi | ₹43.2 Cr | 248 | 2 | View details |
Board of directors of Loconav India Private Limited (LocoDrive)
Loconav India Private Limited is the primary company behind LocoDrive. The board of Loconav India Private Limited currently have 2 directors; the longest-serving is Shridhar Gupta, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shridhar Gupta DIN 07549604 | Director | 10 Jun 2020 | 6 yrs 3 mo | Loconav India Private Limited |
| Vidit Jain DIN 07552982 | Director | 10 Jun 2020 | 6 yrs 3 mo | Loconav India Private Limited |
Financials of LocoDrive
Figures of Loconav India Private Limited, the primary company behind LocoDrive, for FY 2025. Revenue was ₹43.20 Cr (+20% year on year). Net loss was -₹1.52 Cr (-4% margin). EBITDA was -₹1.13 Cr (-3% margin). Revenue has grown at a compounded annual rate of -29% over three years.
- ₹43.20 CrRevenue · FY 2025 · +20% YoY
- -₹1.52 CrNet loss · -4% margin
- -₹1.13 CrEBITDA · -3% margin
- ₹99.4 LakhPaid-up capital
- 248Employees (provident fund records)
- -29%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Loconav India Private Limited are on its company page.
Detailed financial statements for LocoDrive
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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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| samsara.com | 2015 | San Francisco, United States | $915M | 2,895 | AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | |
| wexinc.com | 1983 | Portland, United States | – | 6,123 | Employee benefit administration and payment solutions are provided for enterprises. | |
| radius.com | 1990 | San Francisco, United States | $332.76M | – | Predictive marketing and sales platform | |
| platformscience.com | 2014 | San Diego, United States | $293.07M | 226 | Provider of integrated solutions for fleet management | |
| fleetmatics.com | 2003 | Waltham, United States | $108M | 779 | Fleet management solutions are provided for tracking and optimization needs. | |
| omnitracs.com | 1985 | Dallas, United States | – | 999 | Cloud-based fleet management solutions are provided for transportation operations. | |
| comdata.com | 1969 | Brentwood, United States | – | – | Fleet management and payment processing solutions are provided. | |
| azuga.com | 2013 | San Jose, United States | – | 516 | GPS vehicle tracking and fuel management solution | |
| transflo.com | 1991 | Tampa, United States | $3.89M | 198 | Web-based solutions are provided for transportation and logistics operations. | |
| cobli.co | 2015 | Sao Paulo, Brazil | $63.83M | – | Fleet management and vehicle telemetry solutions are delivered to operators. |
Detailed competitors of LocoDrive
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Similar companies to LocoDrive
10 companies that operate in the same segment as LocoDrive (AI in Logistics), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital platform offering logistics, fleet management, and supply chain optimization services. | 2014 | Jaipur, Rajasthan, India | – | USD 2.99 M | 322 | |
Delivers AI-enabled solutions for warehouse management. | 2018 | Delhi, Delhi, India | – | USD 1.25 M | 29 | |
Provides AI tools for maritime operations, decision-making, and efficiency improvements. | 2023 | Singapore, Singapore | USD 400 K | – | – | |
Provides AI, operations research, and analytics for business optimization across sectors. | 2016 | Bengaluru, Karnataka, India | – | – | 87 | |
Offers RPA, digital transformation, BPO, and KPO services to businesses globally. | 2024 | Tiruchirappalli, Tamil Nadu, India | – | USD 1.1 M | 209 | |
Robotic solutions for cold chain warehousing are developed using AI. | – | – | USD 1.39 M | – | – | |
Technology firm specializing in AI, Blockchain, and Robotics for products and services. | 2017 | Bengaluru, Karnataka, India | – | USD 1.94 M | 60 | |
AI-powered driver and fleet safety platform focusing on monitoring and risk reduction. | 2018 | Pune, Maharashtra, India | – | USD 15.2 K | 20 | |
Delivers cloud and AI-enabled fulfillment solutions for businesses. | 2014 | Chennai, Tamil Nadu, India | – | USD 891.02 K | 11 | |
Offers consulting, SaaS, Cloud computing, and digital engineering services worldwide. | 2002 | Chennai, Tamil Nadu, India | – | USD 34.96 K | – |
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Frequently Asked Questions about LocoDrive
LocoDrive was founded in 2019.
LocoDrive is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
LocoDrive has 248 employees.
The primary company behind LocoDrive, Loconav India Private Limited, reported revenue of ₹43.20 Cr for FY 2025, up 20% year on year.
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.
LocoDrive's top competitors include Samsara, Wright Express and Radius.
LocoDrive operates through Loconav India Private Limited.
The legal entities of LocoDrive currently have 2 directors, including Shridhar Gupta, Vidit Jain.