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.
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
4.
Anjali Joshi
Board of Director
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Funding
Total Funding
$7.4M
Investors
:
1.
Foundamental
2.
Uncorrelated Ventures
3.
Sequoia Capital India
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