About Tookan
Tookan is a company based in Chandigarh (India) founded in 2011 by Saral Maghan.. Tookan has raised $820.31 thousand across 3 funding rounds from investors including Naresh Chaudhary, Rajesh Chaudhary and Raman Maggo. Tookan offers products and services including Tookan, Yelo, and Hippo. Tookan operates in a competitive market with competitors including Spireon, Bringg, OnFleet, LetsTransport and Paxel, among others.
- Headquarter Chandigarh, India
- Founders Saral Maghan
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsTechnology
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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 Jungleworks Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$820.31 K (USD)
in 3 rounds
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Latest Funding Round
$379.03 K (USD), Angel Round
Dec 27, 2015
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Investors
& 8 more
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Employee Count
Employee Count
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Products & Services of Tookan
Tookan offers a comprehensive portfolio of products and services, including Tookan, Yelo, and Hippo. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for optimizing routes and tracking deliveries in real time.
Platform for setting up and managing on-demand businesses.
Tool for handling customer interactions and communications.
Funding Insights of Tookan
Tookan has successfully raised a total of $820.31K across 3 strategic funding rounds. The most recent funding activity was a Angel Round round of $379.03 thousand completed in December 2015. 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 Angel Round — $379,030
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First Round
First Round
(01 Mar 2013)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2015 | Amount | Angel Round - Tookan | Valuation | Naresh Chaudhary , Rajesh Chaudhary | |
| Apr, 2015 | Amount | Angel Round - Tookan | Valuation | Rajesh Chaudhary , Naresh Chaudhary | |
| Mar, 2013 | Amount | Angel Round - Tookan | Valuation | Vikram Garg |
| 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 Tookan
Tookan has secured backing from 9 investors, including angel investors. Prominent investors backing the company include Naresh Chaudhary, Rajesh Chaudhary and Raman Maggo. 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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NC
Naresh Chaudhary |
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Founded Year | Domain | Location |
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RC
Rajesh Chaudhary |
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Founded Year | Domain | Location |
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RM
Raman Maggo |
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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 Tookan
| 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 - Tookan
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Tookan Comparisons
Competitors of Tookan
Tookan 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 Spireon, Bringg, OnFleet, LetsTransport and Paxel, 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 |
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| domain | founded_year | HQ Location |
SaaS-enabled solutions for fleet and field service management are offered.
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| domain | founded_year | HQ Location |
Cloud and AI-based delivery management solutions are provided.
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| domain | founded_year | HQ Location |
Cloud-based software is utilized for last-mile delivery management.
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| domain | founded_year | HQ Location |
Platform offering customised logistic solutions to enterprises
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| domain | founded_year | HQ Location |
Solutions for last-mile delivery management are provided through mobile applications.
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| domain | founded_year | HQ Location |
Last-mile delivery software is optimized for automation and logistics analysis.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Tookan
When was Tookan founded?
Tookan was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Tookan located?
Tookan is headquartered in Chandigarh, India.
Who is the current CEO of Tookan?
Saral Maghan is the current CEO of Tookan. They have also founded this company.
Is Tookan a funded company?
Tookan is a funded company, having raised a total of $820.31K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $47.97K, raised on Mar 01, 2013.
What does Tookan do?
Tookan is a SaaS-based delivery management solution, which enables businesses to streamline their delivery operations. It caters to various industries such as movers packers, transport, medical pharmacy, grocery, logistics, and more. Its products are delivery management, software route optimization, booking forms, and field fulfilment. It provides a dashboard with a real-time fleet tracking feature, drivers get an app with a view of all their deliveries, and customers receive a web link to track their orders at every step. It has an integrated 2-way notification feature that can be used to serve and update customers about their delivery at regular intervals and manage the mobile workforce efficiently with instant updates. It monetizes on the subscription-based pricing model.
What products or services does Tookan offer?
Tookan offers Tookan, Yelo, and Hippo.
Who are Tookan's investors?
Tookan has 9 investors. Key investors include Naresh Chaudhary, Rajesh Chaudhary, Raman Maggo, Vidhu Mangal, and Manik Singla.
What is Tookan's valuation?
The valuation of Tookan is $16.15M as of Dec 2015.