About LOZICS
LOZICS is a company based in Delhi (India) founded in 2005 by Ghana Nand Joshi. It operates as a SaaS (Software-as-a-Service) and Subscription Services. LOZICS has raised $26.21 thousand across 1 funding round from investors including Bala D. Joshi, Parvinder Singh Narula and Girdhari Datt Joshi. The company has 44 employees as of July 24, 2024. LOZICS offers products and services including LOZICS ERP, Fleet Management Module, and Transport Accounting Module. LOZICS operates in a competitive market with competitors including Freight Tiger, Logospot, Descartes, Shipwell and MercuryGate, among others.
- Headquarter Delhi, India
- Employees 44 as on 24 Jul, 2024
- Founders Ghana Nand Joshi
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Sectors
TechnologyTransportation, Automotive & Logistics
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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 Bng Infotech Private Limited
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$614.04 K (USD)33.26as on Mar 31, 2023
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Net Profit
$61.98 K (USD)67.1as on Mar 31, 2023
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EBITDA
$78.38 K (USD)59.82as on Mar 31, 2023
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Total Equity Funding
$26.21 K (USD)
in 1 rounds
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Latest Funding Round
$26.21 K (USD), Angel Round
Jun 01, 2009
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Investors
& 3 more
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Employee Count
44
as on Jul 24, 2024
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Products & Services of LOZICS
LOZICS offers a comprehensive portfolio of products and services, including LOZICS ERP, Fleet Management Module, and Transport Accounting Module.
Cloud-based ERP software for logistics management is provided.
Software for managing vehicles and drivers is offered.
Accounting solutions for transport businesses are delivered efficiently.
Funding Insights of LOZICS
LOZICS has successfully raised a total of $26.21K through 1 strategic funding round. The most recent funding activity was a Angel Round of $26.21 thousand completed in June 2009. 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 LOZICS
LOZICS has secured backing from 4 investors, including angel investors. Prominent investors backing the company include Bala D. Joshi, Parvinder Singh Narula and Girdhari Datt Joshi.
| Investor | Description | Founded Year | Domain | Location |
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Bala D. Joshi |
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Parvinder Singh Narula |
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GD
Girdhari Datt Joshi |
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Investor details for LOZICS
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Investments & Acquisitions by LOZICS
Investment portfolio details for LOZICS
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Financial Statements - LOZICS
Detailed financials for LOZICS
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Lozics Comparisons
Peer comparison for LOZICS
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Competitors of LOZICS
LOZICS 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 Freight Tiger, Logospot, Descartes, Shipwell and MercuryGate, among others.
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Freight and logistics are managed via web-based platform.
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SaaS-based transport management solutions are provided by LogiSpot.
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Cloud-based solutions for transportation and supply chain management are offered.
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Online booking platform for freight transportation
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Cloud-based transportation management systems are provided for multimodal logistics.
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AI & SaaS-driven transportation management software solution provider
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Detailed competitors of LOZICS
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Latest news on Lozics
Complete news archive for LOZICS
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Frequently Asked Questions about LOZICS
LOZICS was founded in 2005 and raised its 1st funding round 4 years after it was founded.
LOZICS is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
LOZICS is a funded company, having raised a total of $26.21K across 1 funding round to date.
As of Jul 24, 2024, the latest employee count at LOZICS is 44.
Annual revenue of LOZICS is $614.04K as on Mar 31, 2023.
Comprehensive transport and logistics management software solutions are offered by LOZICS. The company specializes in cloud-based ERP systems for various logistics verticals including full truck load, part truck load, and freight forwarding. Integrated features such as GST compliance, vehicle tracking, and eWay bill generation are included. Sectors like 3PL, warehousing, and fleet management are served with customizable modules. Operational efficiency and business digitization for over 300 logistics companies are supported through innovative technology.
LOZICS's top competitors include Freight Tiger, Descartes and AVG Logistics.
LOZICS offers LOZICS ERP, Fleet Management Module, and Transport Accounting Module.
LOZICS has 4 investors. Key investors include Bala D. Joshi, Parvinder Singh Narula, Girdhari Datt Joshi, and Ghana Nand Joshi.
The valuation of LOZICS is $53.35K as of Jun 2009.