Startup Atlas · Fleet Management

LocoNav

LocoNav India Private Limited ● Gurugram, Haryana ● Founded 2016 ● loconav.com ↗

Shridhar Gupta Vidit Jain

$44.42 MnTotal funding (tracked)

3Funding rounds

28 Jun 2021Last round

LocoNav: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

AI-driven fleet management SaaS suite (LocoDrive, LocoADAS, LocoPay, LocoRTO)

LocoNav's core product suite spans driver management, video telematics/safety, payments, and RTO compliance.

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FASTag-based toll payments with automatic refund recovery

LocoNav-powered FASTag solution for Indian drivers, including automated refund requests on incorrect toll deductions.

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Customer Segments

Commercial vehicle and fleet owners across trucks, cabs, tractors and infrastructure equipment

Quote is from co-founder Vidit Jain, on LocoNav's target customer definition.

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Customer Relationships

Dedicated support channel — "LocoNav Cares"

LocoNav runs a named support function, LocoNav Cares, promising rapid assistance to customers using its fleet products.

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Sales-assisted, consultative engagement for prospects

New/prospective customers are routed to a dedicated sales team via the contact page rather than a self-checkout flow, indicating a high-touch sales relationship ahead of purchase.

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Low-touch, self-service platform once onboarded

Customer feedback highlighted on LocoNav's own site describes the platform as quick to integrate and use with minimal training, pointing to a self-service usage model post-onboarding.

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Channels

Top-ranked mobile app distribution in India

LocoNav distributes primarily via its own mobile app, which ranks highly on the Play Store among B2B apps in India.

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Key Activities

Technology & data science R&D across San Francisco, Gurgaon and Bangalore

LocoNav directs raised capital into building out its core technology and data science teams across three hub offices to improve the recommendations and insights it offers fleet operators.

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International expansion, channel partnerships and strategic M&A

LocoNav is working to replicate its India success in other emerging markets, while building additional partnerships/distribution channels and pursuing strategic acquisitions.

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Product development targeting fleet cost reduction and sustainabilityup to 50% lower fleet running costs (target)

LocoNav's near-term product roadmap centers on building solutions that materially cut fleet running costs and reduce environmental impact.

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Key Resources

Broad device-agnostic hardware compatibility at scale

LocoNav's platform is compatible with a wide range of third-party telematics hardware, servicing millions of vehicles across 50 countries.

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Key Partnerships

Strategic partnership with Locus (logistics/last-mile optimization)

Announced April 6, 2022 — Locus integrates LocoNav's fleet management solutions for its enterprise supply-chain/last-mile clients.

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Revenue Streams

No cited public information yet.

Cost Structure

No cited public information yet.

FAQs on LocoNav

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.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: loconav.com www.autocarpro.in · Last verified 24 Aug 2026. · Report a correction