About Lugsto
Lugsto is a company based in Delhi (India) founded in 2018 by Vidyanand Tripathi, Alok Goel, Manish Agarwal, and Mukesh Goel. Lugsto has raised $41.12 thousand across 1 funding round from investors including Ram Singh, Gaurav Bansal and Sunil Kumar Agarwal. Lugsto offers products and services including Lugsto App and Storage Service. Lugsto operates in a competitive market with competitors including Luggage Hero, Radical Storage, Bounce, ecbo and Vertoe, among others.
- Headquarter Delhi, India
- Founders Vidyanand Tripathi, Alok Goel, Manish Agarwal, Mukesh Goel
- 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
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- Legal Name Lugsto Services Private Limited
- Date of Incorporation 12 Apr, 2018
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$34.62 K (USD)841.02as on Mar 31, 2022
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Net Profit
-$32.52 K (USD)-284.84as on Mar 31, 2022
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EBITDA
-$27.95 K (USD)-160.37as on Mar 31, 2022
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Total Equity Funding
$41.12 K (USD)
in 1 rounds
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Latest Funding Round
$41.12 K (USD), Angel Round
Jan 15, 2021
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Investors
& 2 more
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Employee Count
Not available
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Products & Services of Lugsto
Lugsto offers a comprehensive portfolio of products and services, including Lugsto App and Storage Service.
App for booking and managing secure luggage storage services.
Secure storage solutions for travelers' luggage at partner locations.
Funding Insights of Lugsto
Lugsto has successfully raised a total of $41.12K through 1 strategic funding round. The most recent funding activity was a Angel Round of $41.12 thousand completed in January 2021. 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 Lugsto
Lugsto has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Ram Singh, Gaurav Bansal and Sunil Kumar Agarwal.
| Investor | Description | Founded Year | Domain | Location |
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RS
Ram Singh |
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Gaurav Bansal |
Angel investor, ex-VP at Info Edge, focused on early-stage startups
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Locked | Locked | Locked |
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SK
Sunil Kumar Agarwal |
Angel investor, Founder of Rupa & Co., prominent in Indian apparel industry
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Locked | Locked | Locked |
Investor details for Lugsto
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Lugsto
Investment portfolio details for Lugsto
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Financial Statements - Lugsto
Detailed financials for Lugsto
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Lugsto Comparisons
Peer comparison for Lugsto
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of Lugsto
Lugsto 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 Luggage Hero, Radical Storage, Bounce, ecbo and Vertoe, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Online marketplace for luggage storage services
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Luggage storage is facilitated via an online booking platform.
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SaaS solutions for business travel management are delivered.
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App-based luggage-storage platform for travelers
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Online marketplace for luggage storage services
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SaaS solutions for business travel management are delivered.
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Detailed competitors of Lugsto
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Lugsto
Complete news archive for Lugsto
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Frequently Asked Questions about Lugsto
Lugsto was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Lugsto is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Manish Agarwal is the current CEO of Lugsto. They have also founded this company.
Lugsto is a funded company, having raised a total of $41.12K across 1 funding round to date.
Annual revenue of Lugsto is $34.62K as on Mar 31, 2022.
Lugsto was founded in 2018 in Delhi, India, within the travel services sector. Temporary luggage storage is offered at designated partner locations, with online booking available for customers. Bags are dropped off and secured using unique seals, while insurance coverage is provided for safety. Operations emphasize accessibility across various sites to support travelers during their journeys.
Lugsto's top competitors include Bounce, Bounce and Radical Storage.
Lugsto offers Lugsto App and Storage Service.
Lugsto has 3 investors. Key investors include Ram Singh, Gaurav Bansal, and Sunil Kumar Agarwal.
The valuation of Lugsto is $1.35M as of Jan 2021.