About LOTrucks
LOTrucks is a company based in Bengaluru (India) founded in 2015. It operates as a B2B. The company has 5 employees as of April 30, 2018. LOTrucks operates in a competitive market with competitors including Infraprime Logistics Technologies, TruckBhejo, SmartShift, TruckSumo and Logisure, among others.
- Headquarter Bengaluru, India
- Employees 5 as on 30 Apr, 2018
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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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Annual Revenue
$309 K0as on Mar 31, 2017
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
5
as on Apr 30, 2018
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Funding Insights of LOTrucks
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2015 | Amount | Angel Round - LOTrucks | Valuation |
investors |
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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 |
Investments & Acquisitions by LOTrucks
| 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 - LOTrucks
| 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 |
Lotrucks Comparisons
Competitors of LOTrucks
LOTrucks 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 Infraprime Logistics Technologies, TruckBhejo, SmartShift, TruckSumo and Logisure, 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 |
Electric heavy-duty trucks are developed for logistics and construction sectors.
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| domain | founded_year | HQ Location |
Offers app-based marketplace for hiring mini trucks
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| domain | founded_year | HQ Location |
Online trucking services booking platform
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| domain | founded_year | HQ Location |
Short-haul services are booked via an online marketplace platform.
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| domain | founded_year | HQ Location |
Provides intra-city B2B logistics services for efficient delivery solutions.
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| domain | founded_year | HQ Location |
Serves as an aggregator platform connecting users with various logistics providers for efficient delivery solutions.
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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 LOTrucks
When was LOTrucks founded?
LOTrucks was founded in 2015.
Where is LOTrucks located?
LOTrucks is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
How many employees does LOTrucks have?
As of Apr 30, 2018, the latest employee count at LOTrucks is 5.
What is the annual revenue of LOTrucks?
Annual revenue of LOTrucks is $309K as on Mar 31, 2017.
What does LOTrucks do?
LOTrucks, founded in 2015 in Bengaluru, India, focuses on providing transportation services, streamlining logistics processes, marketplaces, and intracity shipping. Operates an online closed marketplace for intracity logistics services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of LOTrucks?
LOTrucks's top competitors include Infraprime Logistics Technologies, SmartShift and TruckBhejo.