LockTheDeal - About the company
LockTheDeal is a seed company based in Gurugram (India), founded in 2016 by Gaurav Singh Rana. It operates as an Online platform offering end-to-end distribution services for retailers. LockTheDeal has raised $2.79M in funding from Ncubate Capital Partners, with a current valuation of $*****. The company has 118 active competitors, including 12 funded and 2 that have exited. Its top competitors include companies like Vashi Integrated Solutions, Magma and Aksum Trademart.
Company Details
Online platform offering end-to-end distribution services for retailers. It provides solutions for product sourcing, inventory management, and streamlined supply chain operations. The platform is designed to help retailers access multiple categories of goods efficiently through a single network.
- Website
- www.lockthedeal.com/
- Social
- Email ID
- *****@lockthedeal.com
- Phone Number
- +91 **********
- Registered Address
- CROSS STREET, Singapore, 48424
Key Metrics
Founded Year
2016
Location
Gurugram, India
Stage
Seed
Total Funding
$2.79M in 1 round
Latest Funding Round
Post Money Valuation
$***** as on May 26, 2017
Investors
Ranked
10th among 118 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
85 as on Sep 30, 2026
Legal entities associated with LockTheDeal
LockTheDeal is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
LAKSHYA E-COMMERCE PTE. LTD. UEN: 201607803H , Singapore, Active | Mar 24, 2016 | - | 138 (As on Aug 31, 2021) | |
LAKSHYA INTERNET PRIVATE LIMITED CIN: U51909HR2016FTC121765 , India, Active | May 18, 2016 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 129 (As on May 31, 2025) |
Sign up to download LockTheDeal's company profile
LockTheDeal's funding and investors
LockTheDeal has raised a total funding of $2.79M over 1 round. Its latest funding round was a Seed round on May 26, 2017 for $*****. 1 investor participated in its latest round. LockTheDeal has 1 institutional investor and 1 angel investor.
Here is the list of recent funding rounds of LockTheDeal:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 26, 2017 | 1752348 | Seed | 5426443 | 1043897 | 9131148 | 2529768 |
Access funding benchmarks and valuations. Sign up today!View details of LockTheDeal's funding rounds and investors
LockTheDeal's founders and board of directors
Founder? Claim ProfileThe founders of LockTheDeal is Gaurav Singh Rana.
Here are the details of LockTheDeal's key team members:
- Gaurav Singh Rana: Co-Founder of LockTheDeal. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
LockTheDeal's Board of Directors
LockTheDeal's board has 4 active members. Gaurav Singh Rana is part of team and Vinod Abrol, Rajiv Kumar Nayar and Sushil Sudhakar Matey are independent board members.Here is the list of LockTheDeal's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
rfspayl | Team | - | Past | 4y 1m |
Independent board member | - | Current | 10y 4m | |
zspcacl | Independent board member | - | Past | 8y 2m |
sgnstto | Independent board member | - | Past | 1y 3m |
efhiig{ | Independent board member | - | Past | 8y 5m |
wfjtkxd | Independent board member | - | Past | 3y 6m |
View details of LockTheDeal's Founder profiles and Board Members
LockTheDeal's employee count trend
LockTheDeal has 85 employees as of Sep 26. Here is LockTheDeal's employee count trend over the years:
Uncover LockTheDeal's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
LockTheDeal's Competitors and alternates
Top competitors of LockTheDeal include Vashi Integrated Solutions, Magma and Aksum Trademart. Here is the list of Top 10 competitors of LockTheDeal, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Vashi Integrated Solutions 1978, Bhiwandi (India), Unfunded | Distributor of industrial goods and commercial products | - | - | 58/100 |
2nd | Provider of integrated industrial marketplace for manufacturers | $13.6M | 55/100 | ||
3rd |  Aksum Trademart 2021, Delhi (India), Seed | Provider of steel, commodity polymers, chemicals, paints, sanitary ware, and construction products | $1.03M | 52/100 | |
4th |  Distrelec 1973, Nanikon (Switzerland), Acquired | Online Distributor of electronic and technical products | - | 50/100 | |
5th |  IndustryBuying 2013, Delhi (India), Series C | Online retailer of industrial goods business supplies and maintenance equipment | $26.4M | 50/100 | |
6th |  Toolsvilla 2017, Durgapur (India), Seed | Online marketplace for machinery, tools, and industrial equipment | $20K | 50/100 | |
7th | B2B portal for Metals & coal trade, and strategic procurement | - | - | 43/100 | |
8th | Online electrical store in India offering a wide range of electrical products | - | - | 43/100 | |
9th | Online portal for buying electronics components | - | - | 42/100 | |
10th |  LockTheDeal 2016, Gurugram (India), Seed | Online platform offering end-to-end distribution services for retailers | $2.79M | 39/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on LockTheDeal's competitors? Click here to see the top ones
LockTheDeal's Investments and acquisitions
LockTheDeal has made no investments or acquisitions yet.
Reports related to LockTheDeal
Here is the latest report on LockTheDeal's sector:
News related to LockTheDeal
•
Lakshya Internet Transforms Its B2B Retail with Fiorano iPaaSBusiness Wire•Apr 03, 2018•Fiorano, LockTheDeal
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about LockTheDeal
Explore our recently published companies
- CareerNxt - Bengaluru based, 2024 founded, Unfunded company
- Cakermon - Kolkata based, Unfunded company
- Wally and Whiz - Denmark based, 2015 founded, Unfunded company
- Nunm - Portland based, 1956 founded, Funding Raised company
- DY Patil MBA - Pune based, Unfunded company
- vantora.us - Series C company
