About LOTrucks
LOTrucks was a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2015. It operates an online closed marketplace for intracity logistics services. It operates on a B2B model. The company has 5 employees. The company is recorded as dissolved. Its focus areas include Transportation, Logistics, Marketplaces and Intracity Shipping. Its competitors include Infraprime Logistics Technologies, TruckBhejo, SmartShift, TruckSumo and Logisure and 3 more; 3 of its 8 listed competitors have raised funding.
Company details
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.
- Headquarters Bengaluru, India
- Employees 5
- SectorsTransportation, Automotive & Logistics
- Website lotrucks.com
- Social X Facebook
- Annual Revenue$309 K (USD)0as on Mar 31, 2017
- Employee Count5
Associated legal entities of LOTrucks
LOTrucks is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mig Events Llp CIN AAP-4933 | Active | 03 Jun 2019 | Bangalore, Karnataka | – | – | 2 | View details |
| Lot Logistics Private Limited CIN U60200KA2015PTC079714 | Active | 08 Apr 2015 | Bangalore, Karnataka | ₹2.0 Cr | 5 | 4 | View details |
Funding Insights of LOTrucks
- Total Rounds 1
All 1 funding rounds of LOTrucks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2015 | – | Angel Round | – | – | – |
Board of directors of LOTrucks
The boards of the 2 registered companies of LOTrucks currently have 6 directors; the longest-serving is Maddala Bharath Narayan, appointed in 2015. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Maddala Bharath Narayan DIN 05108492 | Director | 08 Apr 2015 | 11 yrs 6 mo | Lot Logistics Private Limited |
| Ram Narayan Maddala DIN 07346462 | Director | 20 Nov 2015 | 10 yrs 10 mo | Lot Logistics Private Limited |
| Raghuram Reddy DIN 07719823 | Director | 09 May 2017 | 9 yrs 5 mo | Lot Logistics Private Limited |
| Vishal Kulkarni DIN 07239682 | Director | 16 Nov 2017 | 8 yrs 11 mo | Lot Logistics Private Limited |
| Mangalore Sagar DIN 08470476 | Designated Partner | 03 Jun 2019 | 7 yrs 4 mo | Mig Events Llp |
| Shanivarapete Halappashetty Leelavathi DIN 10287498 | Designated Partner | 10 Aug 2023 | 3 yrs 2 mo | Mig Events Llp |
Financials of LOTrucks
Figures of Lot Logistics Private Limited, the primary company behind LOTrucks, for FY 2017. Revenue was ₹2.00 Cr (+240% year on year). Net loss was -₹25.1 Lakh (-13% margin). EBITDA was -₹31.8 Lakh (-16% margin).
- ₹2.00 CrRevenue · FY 2017 · +240% YoY
- -₹25.1 LakhNet loss · -13% margin
- -₹31.8 LakhEBITDA · -16% margin
- ₹1 LakhPaid-up capital
- 5Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Lot Logistics Private Limited are on its company page.
Detailed financial statements for LOTrucks
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of LOTrucks
2 dated milestones of LOTrucks, from founding to its latest funding, stage changes and deals.
- Founded LOTrucks is founded.
- Funding First funding round.
Competitors of LOTrucks
LOTrucks has 8 listed competitors in our database, 3 of them funded. They include Infraprime Logistics Technologies, TruckBhejo, SmartShift, TruckSumo and Logisure, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| infraprimelogistics.com | 2017 | Gurugram, India | $5.62M | 34 | Electric heavy-duty trucks are developed for logistics and construction sectors. | |
| truckbhejo.com | 2016 | Mumbai, India | $231,288 | – | Offers app-based marketplace for hiring mini trucks | |
| smartshift.in | 2015 | Mumbai, India | – | 8 | Online trucking services booking platform | |
| trucksumo.com | 2015 | Hyderabad, India | $809,732 | 1 | Short-haul services are booked via an online marketplace platform. | |
| logisure.in | 2014 | Jaipur, India | – | – | Provides intra-city B2B logistics services for efficient delivery solutions. | |
| turantdelivery.com | 2015 | Mumbai, India | – | – | Serves as an aggregator platform connecting users with various logistics providers for efficient delivery solutions. | |
| onlinetempo.com | 2015 | Vadodara, India | – | – | Online platform for booking light commercial vehicles. | |
| dalahub.com | 2014 | Lucknow, India | – | 687 | Operates an online platform for booking minitrucks conveniently. |
Detailed competitors of LOTrucks
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Inland Water Freight
10 companies that operate in the same segment as LOTrucks (Inland Water Freight), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ferry services including RORO, speed boats, and charters in Alibaug and Mumbai. | 2019 | Mumbai, Maharashtra, India | – | USD 6.19 M | 1 | |
Container shipping and multi-purpose vessel services are provided globally. | 1996 | Rotterdam, South Holland, Netherlands | – | – | – | |
Freight transportation services are provided using barges and boats. | 2007 | Mersin, Mersin, Turkey | – | – | – | |
Provider of automated dry cargo handling terminal services | – | – | – | – | – | |
Provides dredging and infrastructure development services for government projects. | 2009 | Gorakhpur, Uttar Pradesh, India | – | USD 6.44 M | 29 | |
Ship-based freight forwarding services are provided for maritime transport needs. | 2011 | Delta, British Columbia, Canada | – | – | – | |
Marine transportation services are provided by Express Marine, Inc. | 1998 | Dresher, Pennsylvania, United States | – | – | – | |
Clearing and forwarding services for import consignments in India, specializing in liquid bulks. | – | Mumbai, Maharashtra, India | – | USD 1.8 M | 13 | |
ICT and navigation solutions are provided for inland waterway transport. | 1996 | Nijmegen, Gelderland, Netherlands | – | – | – | |
Diversified operations are conducted across multiple industries by TGH. | 1995 | Hamilton, New Zealand | – | – | – |
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Frequently Asked Questions about LOTrucks
LOTrucks was founded in 2015.
LOTrucks is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
LOTrucks has 5 employees.
Annual revenue of LOTrucks is $309K as on Mar 31, 2017.
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.
LOTrucks's top competitors include Infraprime Logistics Technologies, SmartShift and TruckBhejo.
LOTrucks is associated with 2 legal entities: Mig Events Llp, Lot Logistics Private Limited.
The legal entities of LOTrucks currently have 6 directors, including Mangalore Sagar, Shanivarapete Halappashetty Leelavathi, Ram Narayan Maddala and others.