About YoLocal
YoLocal is a Business Services company based in Hyderabad (India) founded in 2018 by Nazrul Islam. It operates in the Business Services and Media & Entertainment sectors. Its Indian entity Interstitium Ventures Private Limited reported revenue of ₹1.1 Lakh. Its focus areas include Consumer, Social Platforms, Neighbours and Local Services.
Company details
App-based social platform connecting neighbors. The platform rewards users by completing the task posted by the neighbor. The mobile application is available for Android devices.
- Headquarters Hyderabad, India
- Founders Nazrul Islam
- SectorsBusiness ServicesMedia & Entertainment
- Email••••••••
- Website yolocal.in
- Social X Facebook
- Legal Name Interstitium Ventures Private Limited
- Date of Incorporation 17 Apr, 2018
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹1.1 Lakh
FY 2022 · -14% YoY
- Net Loss-₹76,861
FY 2022 · -68% margin
- EBITDA-₹67,418
FY 2022 · -59% margin
Associated legal entities of YoLocal
YoLocal operates through Interstitium Ventures Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Interstitium Ventures Private Limited CIN U74999TG2018PTC123909 | Active | 17 Apr 2018 | Hyderabad, Telangana | ₹0.0 Cr | 2 | View details |
Board of directors of Interstitium Ventures Private Limited (YoLocal)
Interstitium Ventures Private Limited is the primary company behind YoLocal. The board of Interstitium Ventures Private Limited currently have 2 directors; the longest-serving is Rohit Gunda, appointed in 2018. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rohit Gunda DIN 08112535 | Director | 17 Apr 2018 | 8 yrs 6 mo | Interstitium Ventures Private Limited |
| Shiva Kumar Chervirala DIN 10284320 | Director | 23 Jan 2024 | 2 yrs 9 mo | Interstitium Ventures Private Limited |
People of YoLocal
1 people are tracked at YoLocal (1 in leadership).
| Name | Role | Group |
|---|---|---|
Nazrul Islam | Co-Founder | Leadership |
Complete people profiles for YoLocal
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of YoLocal
Figures of Interstitium Ventures Private Limited, the primary company behind YoLocal, for FY 2022. Revenue was ₹1.1 Lakh (-14% year on year). Net loss was -₹76,861 (-68% margin). EBITDA was -₹67,418 (-59% margin). Revenue has grown at a compounded annual rate of +63% over three years.
- ₹1.1 LakhRevenue · FY 2022 · -14% YoY
- -₹76,861Net loss · -68% margin
- -₹67,418EBITDA · -59% margin
- ₹1 LakhPaid-up capital
- +63%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Interstitium Ventures Private Limited are on its company page.
Detailed financial statements for YoLocal
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.
Top companies in Local & Community Services
3 companies that operate in the same segment as YoLocal (Local & Community Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Customers are connected with vetted professionals for on-demand home services. | 2014 | Gurugram, Haryana, India | USD 376.49 M | USD 165.84 M | 2,111 | |
Provider of interior design and renovation services for homes and offices | 2014 | Bengaluru, Karnataka, India | USD 511.55 M | USD 172.66 M | 4,353 | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 |
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Frequently Asked Questions about YoLocal
YoLocal was founded in 2018.
YoLocal is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
The primary company behind YoLocal, Interstitium Ventures Private Limited, reported revenue of ₹1.1 Lakh for FY 2022, down 14% year on year.
App-based social platform connecting neighbors. The platform rewards users by completing the task posted by the neighbor. The mobile application is available for Android devices.
YoLocal operates through Interstitium Ventures Private Limited.
The legal entities of YoLocal currently have 2 directors, including Shiva Kumar Chervirala, Rohit Gunda.