LocoNav
LocoNav is an AI-driven, full-stack fleet management and telematics SaaS platform for commercial vehicle and fleet owners in emerging markets, offering products like LocoDrive (driver control center), LocoADAS (video telematics/driver safety), LocoPay (toll/FASTag payments) and LocoRTO (compliance management). Founded in 2016 by Shridhar Gupta and Vidit Jain (per LocoNav's own PR and TechCrunch); note two 2017/2019 Inc42 articles instead state…
LocoNav: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 28 Jun 2021 | Series B | $37 Mn | Anand Chandrasekaran Anthemis Group Foundamental Manik Gupta Quiet Capital RIT Capital Partners Sequoia Capital India Uncorrelated Ventures Village Global | source |
| May 2019 ~ | Series B | $4 Mn | Sequoia Capital India | source |
| 8 Dec 2017 | Series A | $3.42 Mn | Sequoia Capital India Prateek Sharma | source |
Acquisitions
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Who founded LocoNav?
LocoNav was founded by Shridhar Gupta, Vidit Jain in 2016.
How much funding has LocoNav raised?
LocoNav has raised $44.42 Mn across 3 tracked funding round(s), most recently on 2021-06-28. Figures are compiled from cited public sources.
Who are the investors in LocoNav?
Investors in LocoNav include Anand Chandrasekaran, Anthemis Group, Foundamental, Manik Gupta, Quiet Capital, RIT Capital Partners, Sequoia Capital India, Uncorrelated Ventures.
What does LocoNav do?
LocoNav is an AI-driven, full-stack fleet management and telematics SaaS platform for commercial vehicle and fleet owners in emerging markets, offering products like LocoDrive (driver control center), LocoADAS (video telematics/driver safety), LocoPay (toll/FASTag payments) and LocoRTO (compliance management). Founded in 2016 by Shridhar Gupta and…
Where is LocoNav headquartered?
LocoNav is headquartered in Gurugram, Haryana, India.
What is LocoNav's business model?
LocoNav's core value proposition centers on AI-driven fleet management SaaS suite (LocoDrive, LocoADAS, LocoPay, LocoRTO), FASTag-based toll payments with automatic refund recovery.