TruckEasy

Bengaluru, India Founded: 2015 • Age: 11 yrs
An online platform for on-demand intra-city trucking bookings.
Annual revenue $2,942 Latest available
Total funding $230,738 2 rounds
Employees 38 Tracked headcount
Investors 6 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About TruckEasy

TruckEasy is a company based in Bengaluru (India) founded in 2015 by Vikram Kodgi, Nikhil Thomas, and Avinash Achar. It operates as a B2B. TruckEasy has raised $230.74 thousand across 2 funding rounds from investors including Tata Motors Finance, Popular Mega Motors and Sumanth Badiga. The company has 38 employees as of March 31, 2022. TruckEasy operates in a competitive market with competitors including ITS-DOST, Rocketbox, Golugg, Transport Free and Loadmee, among others.

  • Headquarter Bengaluru, India
  • Employees 38 as on 31 Mar, 2022
  • Founders Vikram Kodgi, Nikhil Thomas, Avinash Achar
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Loginomic Tech Solutions Private Limited
  • Date of Incorporation 27 May, 2015
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.94 K (USD)
    -97.98
    as on Mar 31, 2022
  • Net Profit
    -$18.87 (USD)
    99.96
    as on Mar 31, 2022
  • EBITDA
    -$2.96 K (USD)
    92.32
    as on Mar 31, 2022
  • Total Equity Funding
    $230.74 K (USD)

    in 2 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    38

    as on Mar 31, 2022

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Funding Insights of TruckEasy

TruckEasy has successfully raised a total of $230.74K across 2 strategic funding rounds. 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 TruckEasy

TruckEasy has secured backing from 6 investors, including institutional and angel investors. Prominent investors backing the company include Tata Motors Finance, Popular Mega Motors and Sumanth Badiga.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Auto loans and financing services are provided in India.
Locked Locked Locked
Authorized dealer for Tata trucks, buses, tippers, and vehicle services in South India.
Locked Locked Locked
Limited information is available on core activities.
Locked Locked Locked
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Investor details for TruckEasy

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Investments & Acquisitions by TruckEasy

Investments
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Investment portfolio details for TruckEasy

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  • Transaction dates
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Financial Statements - TruckEasy

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Detailed financials for TruckEasy

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Truckeasy Comparisons

TruckEasy Primary company
Description
An online platform for on-demand intra-city trucking booking...
Location
Bengaluru, India
Founded Year
2015
Annual Revenue
$2.94 K (USD)
Net Profit
-$18.87 (USD)
EBITDA
-$2.96 K (USD)
Employees
38
As of 2022
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Peer comparison for TruckEasy

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Competitors of TruckEasy

TruckEasy 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 ITS-DOST, Rocketbox, Golugg, Transport Free and Loadmee, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
App-based provider of transportation services
Locked Locked Locked
Intra-city logistics for goods transport via trucks is provided.
Locked Locked Locked
Provides an app-based platform for cargo and truck transportation.
Locked Locked Locked
Offers an app for booking truck-based cargo transportation services.
Locked Locked Locked
Offers transportation management solutions in India
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Detailed competitors of TruckEasy

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Latest news on Truckeasy

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Complete news archive for TruckEasy

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Frequently Asked Questions about TruckEasy

TruckEasy was founded in 2015 and raised its 1st funding round 2 years after it was founded.

TruckEasy is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

TruckEasy is a funded company, having raised a total of $230.74K across 2 funding rounds to date.

As of Mar 31, 2022, the latest employee count at TruckEasy is 38.

Annual revenue of TruckEasy is $2.94K as on Mar 31, 2022.

TruckEasy operates with a B2B model, focusing on providing transportation services, streamlining logistics processes, trucking services, and on-demand booking. An online platform for on-demand intra-city trucking bookings. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

TruckEasy's top competitors include Rocketbox, Loadmee and ITS-DOST.

TruckEasy has 6 investors. Key investors include Tata Motors Finance, Popular Mega Motors, Sumanth Badiga, Premanand R Shenoy, and Clover Enterprises.

The valuation of TruckEasy is $462.2K as of Mar 2017.

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