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Lugsto - About the company

Lugsto is a seed company based in Delhi (India), founded in 2018 by Manish Agarwal, Vidyanand Tripathi, Mukesh Goel and Alok Goel. It operates as a Provider of luggage storage services at various locations. This service offers a convenient and secure solution for travelers to store their luggage temporarily. Customers book storage online, receive location details, and drop off their bags at a designated partner location. Bags are insured and secured with a unique seal, ensuring safety and peace of mind. The process is designed for ease of use and allows travelers to explore destinations without the burden of carrying luggage.. Lugsto has raised $41.1K in funding, with a current valuation of $*****. The company has 5 active competitors, including 2 that are funded. Its top competitors include companies like GoLuggageFree, SafeCloak and Bagdolo.

Company Details

{}
Social
XFacebook
Email ID
*****@lugsto.com
Phone Number
+91 **********
Registered Address
C-63, FIRST FLOOR, PREET VIHAR, East Delhi, DELHI, Delhi, India, 110092
Key Metrics
Founded Year
2018
Location
Delhi, India
Stage
Seed
Total Funding
$41.1K in 1 round
Latest Funding Round
Post Money Valuation
$***** as on Jan 15, 2021
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
6 as on Aug 31, 2026
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Lugsto's funding and investors

Lugsto has raised a total funding of $41.1K over 1 round. Its latest funding round was a Angel round on Jan 15, 2021 for $*****. 3 investors participated in its latest round. Lugsto has 5 angel investors.

Here is the list of recent funding rounds of Lugsto:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 15, 2021
6653510
Angel
1174937
7046478
7019055
6398576
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Lugsto's founders and board of directors

Founder? Claim Profile
The founders of Lugsto are Manish Agarwal, Vidyanand Tripathi, Mukesh Goel and Alok Goel. Manish Agarwal is the CEO of Lugsto.
Here are the details of Lugsto's key team members:

Lugsto's employee count trend

Lugsto has 6 employees as of Aug 26. Here is Lugsto's employee count trend over the years:
Employee count trend for Lugsto
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Lugsto's Competitors and alternates

Top competitors of Lugsto include GoLuggageFree, SafeCloak and Bagdolo. Here is the list of Top 10 competitors of Lugsto, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for GoLuggageFree
GoLuggageFree
2019, Cuttack (India), Deadpooled
Luggage storage platform
-
-
35/100
2nd
Logo for SafeCloak
SafeCloak
2022, Bengaluru (India), Seed
Operator of automated self service lockers for secure luggage storage
$236K
32/100
3rd
Logo for Lugsto
Lugsto
2018, Delhi (India), Seed
Provider of luggage storage services at various locations. This service offers a convenient and secure solution for travelers to store their luggage temporarily. Customers book storage online, receive location details, and drop off their bags at a designated partner location. Bags are insured and secured with a unique seal, ensuring safety and peace of mind. The process is designed for ease of use and allows travelers to explore destinations without the burden of carrying luggage.
$41.1K
-
25/100
4th
Logo for Bagdolo
Bagdolo
2018, Noida (India), Unfunded
App-based marketplace for luggage storage services
-
-
23/100
5th
Logo for Securedrop
Securedrop
Bengaluru (India), Unfunded
Provider of secure and reliable luggage storage solutions for travelers
-
-
16/100
6th
Logo for Storin
Storin
2019, Delhi (India), Deadpooled
Online marketplace to book luggage storage services
-
-
15/100
7th
Logo for Luggagestar
Luggagestar
2019, Aurangabad (India), Unfunded
Provider of on-demand storage solutions for luggage, bags, and personal items
-
-
15/100
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Lugsto's Latest cap tables and shareholding

Founders (largest shareholder) own 50.94%, Angels own 3.04% and Other People own 46.02%. The net worth of Lugsto's founders is INR 5.04Cr as of Jan 15, 2021.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
50.94%
5.04Cr
8540953
6764818
8444556
8989173
7943486
3673009
1100141
7051055
3567637
1697152
4487511
3966548
4489656
3680731
9187978
4871515
6948
1056
7354
1748
6868
4590
Angel
3.04%
30.1L
207
265
867
223
1
2
5
1
7
7
8
8
7
7
2
5
Other People
46.02%
4.55Cr
5116728
1477202
3826390
4082795
Total
100.00%
9.89Cr
8423395
8264873
6595366
7557318
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Lugsto's Shareholding

Lugsto's Investments and acquisitions

Lugsto has made no investments or acquisitions yet.

Reports related to Lugsto

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News related to Lugsto

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