About Lokalocal
Lokalocal is a company based in Petaling Jaya (Malaysia) founded in 2016.. Lokalocal has raised $333.32 thousand across 3 funding rounds from investors including BonAngels Venture Partners, Cradle Fund and K-Startup Grand Challenge. Lokalocal operates in a competitive market with competitors including Backstreet Academy, Byloka, Rulu and Nuflit, among others.
- Headquarter Petaling Jaya, Malaysia
- Stage Minicorn
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Sectors
Travel & Hospitality
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Loka Travel Sdn. Bhd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$333.32 K (USD)
in 3 rounds
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Latest Funding Round
$260 K (USD), Seed
Nov 22, 2018
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Investors
BonAngels Venture Partners
& 2 more
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Employee Count
Employee Count
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Funding Insights of Lokalocal
Lokalocal has successfully raised a total of $333.32K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $260 thousand completed in November 2018. 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 3
- Last Round Seed — $260,000
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2018 | Amount | Seed - Lokalocal | Valuation | BonAngels Venture Partners |
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| Dec, 2017 | Amount | Seed - Lokalocal | Valuation | Cradle |
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| Jun, 2017 | Amount | Grant - Lokalocal | Valuation |
investors |
| 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 Lokalocal
Lokalocal has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include BonAngels Venture Partners, Cradle Fund and K-Startup Grand Challenge. 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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Investments are made by BonAngels in early-stage Asian tech companies.
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Founded Year | Domain | Location | |
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Early-stage startups are supported through funding and initiatives.
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Founded Year | Domain | Location | |
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Sector-agnostic acceleration is provided to startups through global programs.
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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 Lokalocal
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Lokalocal
| 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 |
Lokalocal Comparisons
Competitors of Lokalocal
Lokalocal 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 Backstreet Academy, Byloka, Rulu and Nuflit, 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 |
Local tours and activities are booked via an online marketplace.
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| domain | founded_year | HQ Location |
An online platform for booking peer-hosted tours and activities.
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| domain | founded_year | HQ Location |
Hosts a digital marketplace for tours provided by local drivers.
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| domain | founded_year | HQ Location |
Platform linking travelers to local guides for personalized tours and hidden gems.
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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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Latest news on Lokalocal
Frequently Asked Questions about Lokalocal
When was Lokalocal founded?
Lokalocal was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Lokalocal located?
Lokalocal is headquartered in Petaling Jaya, Malaysia. It is registered at Petaling Jaya, Selangor, Malaysia.
Is Lokalocal a funded company?
Lokalocal is a funded company, having raised a total of $333.32K across 3 funding rounds to date.
What does Lokalocal do?
Lokalocal was founded in 2016 in Petaling Jaya, Malaysia, operating as a travel marketplace platform. Local guides are listed with itineraries, photos, availability, and required booking notices. Tourists select and book guides based on these details, along with reviews and pricing. Payments are processed through the platform, facilitating connections in the tourism sector across various destinations.
Who are the top competitors of Lokalocal?
Lokalocal's top competitors include Backstreet Academy, Byloka and Rulu.
Who are Lokalocal's investors?
Lokalocal has 3 investors. Key investors include BonAngels Venture Partners, Cradle Fund, and K-Startup Grand Challenge.
What is Lokalocal's valuation?
The valuation of Lokalocal is $1.5M as of Nov 2018.