About YoLokal
YoLokal was a Business Services company based in Ahmedabad (India) founded in 2015. A mobile app for discovering and connecting with local businesses. It operates on a B2C model. Its Indian entity Tuzzin Infotech Private Limited reported revenue of ₹41.8 Lakh. The company is recorded as dissolved. Its focus areas include Technology, Mobile Applications, Local Services and Business Discovery. Its competitors include Justdial, Asklaila and Ask Me; 2 of its 3 listed competitors have raised funding.
Company details
YoLokal, based in Ahmedabad, focuses on leveraging cutting-edge technology, developing user-friendly mobile apps, local services, and business discovery. A mobile app for discovering and connecting with local businesses. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Ahmedabad, India
- SectorsBusiness Services
- Website yolokal.com
- Social X Facebook
- Legal Name Tuzzin Infotech Private Limited
- Date of Incorporation 10 Sep, 2015
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹41.8 Lakh
FY 2024 · +39% YoY
- Net Profit₹1.7 Lakh
FY 2024 · 4% margin
- EBITDA₹3.5 Lakh
FY 2024 · 8% margin
Associated legal entities of YoLokal
YoLokal operates through Tuzzin Infotech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tuzzin Infotech Private Limited CIN U72900GJ2015PTC084464 | Active | 10 Sep 2015 | Ahmedabad, Gujarat | ₹0.4 Cr | 2 | View details |
Board of directors of Tuzzin Infotech Private Limited (YoLokal)
Tuzzin Infotech Private Limited is the primary company behind YoLokal. The board of Tuzzin Infotech Private Limited currently have 2 directors; the longest-serving is Dipen Kalubhai Bhikadya, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dipen Kalubhai Bhikadya DIN 07275099 | Director | 10 Sep 2015 | 11 yrs 1 mo | Tuzzin Infotech Private Limited |
| Jemin Shingala DIN 07315766 | Director | 15 Oct 2015 | 11 yrs | Tuzzin Infotech Private Limited |
Financials of YoLokal
Figures of Tuzzin Infotech Private Limited, the primary company behind YoLokal, for FY 2024. Revenue was ₹41.8 Lakh (+39% year on year). Net profit was ₹1.7 Lakh (4% margin). EBITDA was ₹3.5 Lakh (8% margin). Revenue has grown at a compounded annual rate of +9% over three years and -16% over five years.
- ₹41.8 LakhRevenue · FY 2024 · +39% YoY
- ₹1.7 LakhNet profit · 4% margin
- ₹3.5 LakhEBITDA · 8% margin
- ₹1 LakhPaid-up capital
- +9%Revenue CAGR, 3 years
- -16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Tuzzin Infotech Private Limited are on its company page.
Detailed financial statements for YoLokal
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- Financial ratios
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Competitors of YoLokal
YoLokal has 3 listed competitors in our database, 2 of them funded. They include Justdial, Asklaila and Ask Me.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| justdial.com | 1996 | Mumbai, India | $101.5M | 13,040 | Local service providers are listed online across multiple categories. | |
| asklaila.com | 2006 | Bengaluru, India | $12M | Local businesses are listed and reviewed via an online platform. | ||
| askme.com | 2011 | Noida, India | A mobile-first platform for discovering deals and searching local businesses. |
Detailed competitors of YoLokal
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- Full competitor set
- Operating metrics
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Top companies in Local & Community Services
3 companies that operate in the same segment as YoLokal (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 YoLokal
YoLokal was founded in 2015.
YoLokal is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
The primary company behind YoLokal, Tuzzin Infotech Private Limited, reported revenue of ₹41.8 Lakh for FY 2024, up 39% year on year.
YoLokal, based in Ahmedabad, focuses on leveraging cutting-edge technology, developing user-friendly mobile apps, local services, and business discovery. A mobile app for discovering and connecting with local businesses. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
YoLokal operates through Tuzzin Infotech Private Limited.
The legal entities of YoLokal currently have 2 directors, including Jemin Shingala, Dipen Kalubhai Bhikadya.