Gurgaon-based LocoNav is a fleet management startup.

Basic Information

Founded in 2015 by Shridhar Gupta and Vidit Jain, LocoNav started as BabaTrucks, an online marketplace to connect truck or fleet owners with their customers. Later, the startup evolved into an integrated vehicle management platform. The company offers Fleet Management Solutions, Vehicle Tracking System, FASTag and AIS 140 Certified GPS Trackers services. By leveraging intelligent analytics and IoT, the startup promises lower running costs of vehicles, greater security and faster turnarounds. Their services are available in more than 100 cities, and they provide solutions for vehicle tracking, fleet management and telematics needs. In May 2019, BT TechLabs, the parent company of LocoNav, raised $4 Mn (INR 28 Cr) in a Series B round of funding from Sequoia Capital. See more

Legal Name

:

BT Techlabs Private Limited

Headquarters

:

Gurgaon, Haryana, India

Founding Date

:

2015

No. of Employees

:

251 to 500

Core Team

:
1.

Vidit Jain

Co-Founder

2.

Shridhar Gupta

Co-Founder

3.

Vikas Ralhan

Chief Financial Officer

Funding

Total Funding

$7.4M

Investors

:

1.

Sequoia Capital India

2.

Uncorrelated Ventures

3.

Foundamental