When was LocoNav founded?

LocoNav was founded in 2016 and raised its 1st funding round within a year of its incorporation.

Where is LocoNav located?

LocoNav is headquartered in Wilmington, United States. It is registered at N-507, C-1/5, NITIKA TOWER - I, NANIWALA BAGH COMMERCIAL COMPLEX, AZADPUR DELHI North Delhi DL 110033 IN.

Which legal entities is LocoNav associated with?

LocoNav is associated with LOCONAV INDIA PRIVATE LIMITED and 3 others.

How many employees does LocoNav have?

As of Jun 30, 2026, the latest employee count at LocoNav is 309.

Is LocoNav a funded company?

LocoNav is a funded company, having raised a total of $47M across 6 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Oct 31, 2016.

How much is LocoNav worth?

The latest valuation of LocoNav is $***** as of Sep 11, 2019.

When was the latest funding round of LocoNav?

LocoNav's latest funding was a $***** Series B round on Jun 28, 2021, with participation from 16 investors.

What is the annual revenue of LocoNav?

Annual revenue of LocoNav is less than ₹10 Cr as on Mar 31, 2024

Where does LocoNav rank among its competitors?

LocoNav ranks 34th amongst 1105 active competitors, of which 77 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Motive, which secured $150M in May, 2025.

Who are the top competitors of LocoNav?

LocoNav's top competitors include Samsara, Motive and Radius. Among them, Motive secured the most recent funding round in May, 2025.

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

LocoNav is a series B company based in Wilmington (United States), founded in 2016 by Vidit Jain and Shridhar Gupta. It operates as a Platform offering fleet management for businesses. LocoNav has raised $47M in funding from investors like Peak XV Partners, RIT Capital Partners and Anthemis Group, with a current valuation of $*****. The company has 1105 active competitors, including 77 funded and 103 that have exited. Its top competitors include companies like Samsara, Motive and Radius.

Company Details

Platform offering fleet management for businesses. It offers GPS tracking, trip and inventory management, analytics, and real-time alerts. It provides video telematics solutions with ADAS, DMS, driver scorecards, and liability risk prevention. It delivers fuel monitoring solutions with fuel usage analytics, reports, and pilferage detection. It also offers EV management systems, E-Lock solutions, and a virtual fleet manager to identify bottlenecks. It helps businesses track, monitor, and manage vehicles, assets, fuel, expenses, and more.

Website: loconav.com
Social
Email ID: *****@loconav.com
Phone Number: +91 **********
Registered Address: N-507, C-1/5, NITIKA TOWER - I, NANIWALA BAGH COMMERCIAL COMPLEX, AZADPUR DELHI North Delhi DL 110033 IN

Key Metrics

Founded Year

2016

Location

Wilmington, United States

Stage

Series B

Total Funding

$47M in 6 rounds

Latest Funding Round

Series B, Jun 28, 2021, $*****

Post Money Valuation

$***** as on Sep 11, 2019

Investors

Peak XV Partners & 29 more

Ranked

34^th among 1105 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2024

Employee Count

309 as on Jun 30, 2026

Investment & Acquisitions

Salt

Similar Companies

Samsara & 391 more

View LocoNav's full profile

LocoNav is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
LOCONAV INDIA PRIVATE LIMITED CIN: U74110DL2020FTC364624 , India, Active	Jun 10, 2020	₹10 - ₹50 Cr (As on Mar 31, 2025)	32 (As on Dec 01, 2025)
BT TECHLABS INSURANCE BROKERS PRIVATE LIMITED CIN: U66030DL2019PTC354519 , India, Strike off	Aug 30, 2019	0 - ₹10 Cr (As on Mar 31, 2022)	3 (As on Jul 31, 2020)
Bt Techlabs Private Limited CIN: U72900DL2016PTC303569 , India, Active	Jul 25, 2016	0 - ₹10 Cr (As on Mar 31, 2024)	3 (As on Jul 31, 2020)
LocoNav, Inc. CIN: 7903206 , United States, Active	Mar 16, 2020	-	-	-

LocoNav has raised a total funding of $47M over 6 rounds. Its first funding round was on Oct 31, 2016. Its latest funding round was a Series B round on Jun 28, 2021 for $*****. 16 investors participated in its latest round. LocoNav has 13 institutional investors and 17 angel investors.

Here is the list of recent funding rounds of LocoNav:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 28, 2021	5435769	Series B	8058072	7315153	3884937	1988234
May 15, 2020	6450683	Series B	4680546	3594488	5128605	6903841
Jan 14, 2019	2646048	Series B	6594534	3426749	Peak XV Partners	Foundamental

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View details of LocoNav's funding rounds and investors

The founders of LocoNav are Vidit Jain and Shridhar Gupta. Samit Srivastava is the CEO of LocoNav.

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

Vidit Jain: Co-Founder of LocoNav and founder of 2 other companies, BabaTrucks and LocoInsure. They are also an angel investor in 3 startups and serve on the board of 1 company.
Contact Info: 2 email addresses and 1 phone number
Shridhar Gupta: Co-Founder of LocoNav and founder of 2 other companies, LocoInsure and BabaTrucks. They are also an angel investor in 4 startups.
Contact Info: 2 email addresses and 1 phone number

LocoNav's Board of Directors

LocoNav's board has 2 active members. Vidit Jain and Shridhar Gupta are part of team.

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

Name	Type	Representing	Status	Duration
Vidit Jain	Team	-	Current	6y 1m
Shridhar Gupta	Team	-	Current	6y 1m

View details of LocoNav's Founder profiles and Board Members

LocoNav's employee count trend

LocoNav has 309 employees as of Jun 26. Here is LocoNav's employee count trend over the years:

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Top competitors of LocoNav include Samsara, Motive and Radius. Here is the list of Top 10 competitors of LocoNav, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Samsara 2015, San Francisco (United States), Public	Platform offering AI-powered and cloud-based vehicle tracking solutions for fleet owners	$915M	Andreessen Horowitz, General Catalyst & 13 others	86/100
2nd	Motive 2013, San Francisco (United States), Series F	Provider of fleet management software and artificial intelligence safety tools	$717M	Greenoaks, Kleiner Perkins & 28 others	77/100
3rd	Radius 1990, Crewe (United Kingdom), Acquired	Predictive marketing and sales platform	$333M	BBVA Ventures, Formation 8 & 18 others	75/100
4th	GreenRoad 2004, Austin (United States), Series E	Provider of fleet telematics and management solutions	$81.5M	Generation Investment Management, Benchmark ... & 7 others	71/100
5th	Omnitracs 1985, Dallas (United States), Acquired	Provider of cloud-based fleet management solutions	-	Apollo Investment Corporation, Partners For Growth ... & 1 others	71/100
6th	Element 1946, Baltimore (United States), Public	Fleet management and maintenance services	$125M	ValueAct Capital	69/100
7th	LightMetrics 2015, Bengaluru (India), Series A	Provider of video telematics solutions for telematics service providers	$10.7M	Peak XV Partners, Beenext & 10 others	68/100
8th	Netradyne 2015, San Diego (United States), Series D	AI-powered fleet safety camera system	$297M	SoftBank Vision Fund, M12 & 11 others	67/100
9th	Lytx 1998, San Diego (United States), Acquired	Provider of video telematics and fleet management solutions	$153M	PSP Investments, Guggenheim Investments & 17 others	66/100
10th	Platform Science 2014, San Diego (United States), Series C	Provider of integrated solutions for fleet management	$293M	SoftBank Vision Fund, 8VC & 19 others	65/100
34th	LocoNav 2016, Wilmington (United States), Series B	Platform offering fleet management for businesses	$47M	Trifecta Capital, RIT Capital Partners & 28 others	55/100