When was Loca founded?

Loca was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Loca located?

Loca is headquartered in Bengaluru, India. It is registered at F 103, BLOCK A, BRINDAVAN APTS, LAKDIKAPOOL, Hyderabad, HYDERABAD, Telangana, India, 500004.

Which legal entities is Loca associated with?

Loca is associated with LITHIUS ENERGY PRIVATE LIMITED.

How many employees does Loca have?

As of Jun 30, 2020, the latest employee count at Loca is 5.

Is Loca a funded company?

Loca is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Aug 31, 2019.

How much is Loca worth?

The last known valuation of Loca was ₹***** as of Oct 16, 2019.

When was the latest funding round of Loca?

Loca's latest funding was a $***** Seed round on Aug 31, 2019, with participation from 12 investors. Its primary sector is Road Transport Tech. In India, the Road Transport Tech sector has seen $371M in funding in 2026 to date.

What is the annual revenue of Loca?

Annual revenue of Loca is less than ₹10 Cr as on Mar 31, 2021

Where does Loca rank among its competitors?

Loca ranks 56th amongst 579 active competitors, of which 33 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Snap-E Cabs, which secured $2.5M in Sep, 2025.

Who are the top competitors of Loca?

Loca's top competitors include Uber, Blu-Smart and Namma Yatri. Among them, Snap-E Cabs secured the most recent funding round in September, 2025.

Loca - 2026 Company Profile, Team, Funding, Competitors & Financials

Loca is a deadpooled company based in Bengaluru (India), founded in 2018 by Gautam Patil and Mukta Prakash Dharma. It operates as an App-based ride-hailing aggregator. Loca has raised $1.2M in funding from Stellaris Venture Partners and Fosun RZ Capital, with last known valuation of ₹*****. The company has 579 active competitors, including 33 funded and 7 that have exited. Its top competitors include companies like Uber, Blu-Smart and Namma Yatri.

Company Details

App-based ride-hailing aggregator on fixed routes. The company operates shared cabs with designated/fixed pick-up/drop-off points (called 'Loca points'). Users can book, track & pay for services by specifying 'loca points'. Its mobile app is available for iOS & Android devices.

Website: locarides.com
Social
Email ID: *****@locarides.com
Phone Number: +91 **********
Registered Address: F 103, BLOCK A, BRINDAVAN APTS, LAKDIKAPOOL, Hyderabad, HYDERABAD, Telangana, India, 500004

Key Metrics

Founded Year

2018

Location

Bengaluru, India

Stage

Deadpooled

Total Funding

$1.2M in 1 round

Latest Funding Round

Seed, Aug 31, 2019, $*****

Last Known Valuation

₹***** as on Oct 16, 2019

Investors

Stellaris Venture Partners & 12 more

Ranked

56^th among 579 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2021

Employee Count

5 as on Jun 30, 2020

Similar Companies

Uber & 4806 more

View Loca's full profile

Loca is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
LITHIUS ENERGY PRIVATE LIMITED CIN: U60100TG2018PTC122664 , India, Dissolved under section 59(8)	Mar 05, 2018	0 - ₹10 Cr (As on Mar 31, 2021)	5 (As on Jun 01, 2020)

Loca has raised a total funding of $1.2M over 1 round. Its latest funding round was a Seed round on Aug 31, 2019 for $*****. 12 investors participated in its latest round. Loca has 4 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of Loca:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 31, 2019	9678037	Seed	4671197	8902201	1590699	7290317

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View details of Loca's funding rounds and investors

The founders of Loca are Gautam Patil and Mukta Prakash Dharma.

Here are the details of Loca's key team members:

Gautam Patil: Co-Founder of Loca. They serve on the board of 1 company.
Mukta Prakash Dharma: Co-Founder of Loca. They serve on the board of 1 company.

Loca's Board of Directors

Loca's board has 2 active members. Gautam Patil is part of team and Mukta Prakash Dharma is independent board member.

Here is the list of Loca's board of directors:

Name	Type	Representing	Status	Duration
Gautam Patil	Team	-	Current	8y 6m
nbq{bjv	Team	-	Past	4y 8m
hpjbyme	Team	-	Past	1y 2m
Mukta Prakash Dharma	Independent board member	-	Current	8y 6m

View details of Loca's Founder profiles and Board Members

Loca's employee count trend

Loca has 5 employees as of Jun 20. Here is Loca's employee count trend over the years:

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Top competitors of Loca include Uber, Blu-Smart and Namma Yatri. Here is the list of Top 10 competitors of Loca, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Uber 2009, San Francisco (United States), Public	Network providing on-demand transportation, delivery, and business management solutions	$13.2B	Toyota, Fidelity Investments & 192 others	89/100
2nd	Blu-Smart 2019, Gurugram (India), Deadpooled	Platform offering electric vehicle fleet undergoing corporate insolvency resolution process	$159M	responsAbility, Lightsource BP & 280 others	79/100
3rd	Namma Yatri 2022, Bengaluru (India), Unfunded	Digital mobility platform providing a people-first ride-hailing service through an open network	-	-	73/100
4th	Ola 2010, Bengaluru (India), Series J	Operator of a network providing on-demand transportation and mobility solutions	$3.84B	Tiger Global Management, Steadview & 150 others	72/100
5th	Meru 2007, Mumbai (India), Acquired	App-based platform offering ride-hailing services	$135M	True North, Brand Capital & 12 others	72/100
6th	Savaari 2006, Bengaluru (India), Acquired	Network of chauffeur driven taxi services for intercity airport transport	$5.93M	Athera, Intel & 1 others	71/100
7th	Snap-E Cabs 2022, Kolkata (India), Seed	Operator of electric vehicle transportation services providing ride bookings via application	$5.03M	Inflection Point Ventures, Yellowrain & 6 others	68/100
8th	TaxiForSure 2011, Bengaluru (India), Acquired	Car rental aggregator	$45.2M	Accel, Helion Venture Partners & 11 others	63/100
9th	Cab-E 2019, Mumbai (India), Series A	Operator of a technology platform providing all-electric vehicle cab booking services	$6.27M	Alluring Commercial, Exmark Distributors ... & 122 others	58/100
10th	Gozocabs 2012, Delhi (India), Seed	Provider of on-demand transportation services including airport transfers and outstation trips	$2.17M	iTech Solutions, Prem Jain & Sandhya Jain Trust ... & 46 others	57/100
56th	Loca 2018, Bengaluru (India), Deadpooled	App-based ride-hailing aggregator	$1.2M	Fosun RZ Capital, Stellaris Venture Partners ... & 11 others	33/100

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Founders (largest shareholder) own 63.75%, Funds own 33.45% and Angels own 2.80%. The net worth of Loca's founders is INR 15.3Cr as of Oct 16, 2019.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	63.75%	15.3Cr	3191343	7811384	8273708	6321293
Gautam Patil	9117604	3031704	6293758	9709519	5295353	4155123
Fund	33.45%	8.01Cr	1504478	8797433	8011822	3448893
Stellaris Venture Partners	9960017	1716974	2350509	7640833	5266883	5435482
Angel	2.80%	67L	75	48	18	54
Total	100.00%	23.9Cr	1011153	3795364	7761779	7286885