About Lokal App
Lokal App is a company based in Bengaluru (India) founded in 2018 by Vipul Chaudhary and Jani Pasha. It operates as a Advertising Model and Two-Sided Marketplace. Lokal App has raised $31.8 million across 4 funding rounds from investors including Tencent, NextBillion AI and 3one4 Capital. Lokal App offers products and services including Local Updates, Job Search, Advertising, and Lokal Matrimony. Lokal App operates in a competitive market with competitors including YourStory, ScoopWhoop, POPxo, PublicVibe and Circle Internet, among others.
- Headquarter Bengaluru, India
- Founders Vipul Chaudhary, Jani Pasha
- Stage Minicorn
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Sectors
Media & Entertainment
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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 Behtar Technology Pvt. Ltd.
- Date of Incorporation 10 May, 2018
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$2.42 M (USD)109.47as on Mar 31, 2023
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Net Profit
-$6.33 M (USD)-35.49as on Mar 31, 2023
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EBITDA
-$6.71 M (USD)-49.13as on Mar 31, 2023
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Total Equity Funding
$31.8 M (USD)
in 4 rounds
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Latest Funding Round
$14.66 M (USD), Series B
Oct 19, 2022
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Investors
Tencent
& 26 more
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Employee Count
Not available
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Products & Services of Lokal App
Lokal App offers a comprehensive portfolio of products and services, including Local Updates, Job Search, Advertising, and Lokal Matrimony.
Local news and updates are provided to users.
Job opportunities are offered for diverse categories.
Advertising solutions are provided for business growth.
Matrimonial profiles are facilitated for partner search.
People of Lokal App
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Human Resources and Administration
3 people
Leadership Team
1 people
Software Development Team
1 people
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Funding Insights of Lokal App
Lokal App has successfully raised a total of $31.8M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $14.66 million completed in October 2022. 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 Lokal App
Lokal App has secured backing from 27 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Tencent, NextBillion AI and 3one4 Capital.
| Investor | Description | Founded Year | Domain | Location |
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Global Brain is recognized as a venture capital firm supporting startups.
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Venture capital fund investing in technology and AI sectors.
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Investment in Indian startups across technology and fintech sectors.
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Investor details for Lokal App
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Lokal App
Investment portfolio details for Lokal App
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
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Financial Statements - Lokal App
Detailed financials for Lokal App
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
- Statement rows
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Lokal App Comparisons
Peer comparison for Lokal App
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Lokal App
Lokal App 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 YourStory, ScoopWhoop, POPxo, PublicVibe and Circle Internet, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of a digital media platform that tells stories about startups, entrepreneurship, and innovations
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India-specific entertainment stories are curated and created.
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Provides content platform for lifestyle/fashion, beauty, and health topics
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An app-based platform is operated for multi-category news delivery.
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Local news portal with a focus on Uttar Pradesh
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A Mumbai-based platform for citizen journalism and news sharing.
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Detailed competitors of Lokal App
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Lokal App
Complete news archive for Lokal App
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Lokal App
Lokal App was founded in 2018.
Lokal App is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Jani Pasha is the current CEO of Lokal App. They have also founded this company.
Lokal App is a funded company, having raised a total of $31.8M across 4 funding rounds to date.
Annual revenue of Lokal App is $2.42M as on Mar 31, 2023.
A hyperlocal platform is managed by Lokal App to connect local communities across India. Services are provided in sectors like news, employment, advertising, and matrimonial matchmaking. Local updates are sourced from trusted outlets to keep users informed. Job opportunities are facilitated with direct recruiter contact for over 25 lakh roles. Advertising solutions are offered to businesses for enhanced visibility and growth. The platform is trusted by over 45 million users, focusing on diverse Bharat communities.
Lokal App's top competitors include ScoopWhoop, YourStory and POPxo.
Lokal App offers Local Updates, Job Search, Advertising, and Lokal Matrimony.
Lokal App has 27 investors. Key investors include Tencent, NextBillion AI, 3one4 Capital, Suashish, and Z Nation Lab.
The valuation of Lokal App is $46.22M as of Oct 2022.