About Locopoco
Locopoco is a company based in Bengaluru (India) founded in 2016. It operates as a B2C. Locopoco has raised $553.47 thousand across 1 funding round from investors including Accel. Locopoco operates in a competitive market with competitors including Rave Mobile Safety, Noonlight, AURA, UrSafe Technologies and Durcal, among others.
- Headquarter Bengaluru, India
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
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Social
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- Legal Name Locopoco Technology Ventures Private Limited
- Date of Incorporation 16 Feb, 2016
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$21.97 K (USD)0as on Mar 31, 2017
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Net Profit
$-188.06 K (USD)0as on Mar 31, 2017
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EBITDA
$-209.17 K (USD)0as on Mar 31, 2017
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Total Equity Funding
$553.47 K (USD)
in 1 rounds
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Latest Funding Round
$553.47 K (USD), Seed
Apr 25, 2016
- Investors
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Employee Count
Employee Count
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Funding Insights of Locopoco
Locopoco has successfully raised a total of $553.47K through 1 strategic funding round. The most recent funding activity was a Seed round of $553.47 thousand completed in April 2016. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $553,468
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First Round
First Round
(25 Apr 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2016 | Amount | Seed - Locopoco | Valuation | Accel |
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| 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 |
Investors in Locopoco
Locopoco has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Accel. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Locopoco
| 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 - Locopoco
| 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 |
Locopoco Comparisons
Competitors of Locopoco
Locopoco 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 Rave Mobile Safety, Noonlight, AURA, UrSafe Technologies and Durcal, 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 |
Public safety software for communication and data management is offered.
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| domain | founded_year | HQ Location |
Provider of a personal safety mobile application
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| domain | founded_year | HQ Location |
AURA is operated as a technology platform for emergency response.
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| domain | founded_year | HQ Location |
Mobile personal security app with voice-activated SOS is provided.
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| domain | founded_year | HQ Location |
Mobile-based application for monitoring health parameters of family members
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| domain | founded_year | HQ Location |
Family safety is supported via mobile communication and location tracking.
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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 Locopoco
When was Locopoco founded?
Locopoco was founded in 2016.
Where is Locopoco located?
Locopoco is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Locopoco a funded company?
Locopoco is a funded company, having raised a total of $553.47K across 1 funding round to date. The company's 1st funding round was a Seed of $553.47K, raised on Apr 25, 2016.
What is the annual revenue of Locopoco?
Annual revenue of Locopoco is $21.97K as on Mar 31, 2017.
What does Locopoco do?
Locopoco, established in 2016 and currently in Dissolved stage, focuses on leveraging cutting-edge technology, developing user-friendly mobile apps, safety solutions, and tracking services. Serves as a mobile app for safety tracking and monitoring. Adapting to market demands with innovation and client-focused strategies.
Who are the top competitors of Locopoco?
Locopoco's top competitors include Rave Mobile Safety, Noonlight and AURA.
Who are Locopoco's investors?
Locopoco has 1 investor. Key investors include Accel.
What is Locopoco's valuation?
The valuation of Locopoco is $2.11M as of Apr 2016.