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Truckola - About the company

Truckola is a deadpooled company based in Mumbai (India), founded in 2015 by Vipul Garg. It operates as an Online freight marketplace. Truckola has raised $820K in funding, with last known valuation of ₹*****. The company has 234 active competitors, including 35 funded and 5 that have exited. Its top competitors include companies like Porter, Vahak and MatchLog.

Company Details

Truckola is an online freight marketplace which connects cargo owners/transport contractors with vehicle owners. Provides real time tracking feature for cargo owners. Mobile app is available. Does not charge any commission from cargo owners for using the platform but takes commission from the vehicle owners. Claims to have registered over 2000 vehicles and 500 Cargo Owners on the system.
Email ID
*****@truckola.in
Phone Number
+91 **********
Registered Address
301/B, 3rd Floor, Kamla Spaces Building S.V.Road, Near Surya Hospital, Santacruz - West, Mumbai City, Mumbai, Maharashtra, India, 400054
Key Metrics
Founded Year
2015
Location
Mumbai, India
Stage
Deadpooled
Total Funding
$820K in 2 rounds
Latest Funding Round
Last Known Valuation
₹***** as on Mar 30, 2017
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2020
Employee Count
16 as on Apr 30, 2026
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Truckola's funding and investors

Truckola has raised a total funding of $820K over 2 rounds. Its first funding round was on Jul 2015. Its latest funding round was a Seed round on Jul 14, 2016 for $*****. 21 investors participated in its latest round. Truckola has 5 institutional investors and 17 angel investors.

Here is the list of recent funding rounds of Truckola:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 14, 2016
1078570
Seed
5520969
2626721
8236540
4716973
Jul 2015
3963269
Angel
4645709
2868214
9005050
2882996
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Truckola's founders and board of directors

Founder? Claim Profile
The founders of Truckola is Vipul Garg.
Here are the details of Truckola's key team members:

Truckola's Board of Directors

Truckola's board has 2 active members. Raghav Himatsingka and Keshav Himatsingka are part of team.
Here is the list of Truckola's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
11y 1m
Team
-
Current
11y 1m

Truckola's employee count trend

Truckola has 16 employees as of Apr 26. Here is Truckola's employee count trend over the years:
Employee count trend for Truckola
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Truckola's Competitors and alternates

Top competitors of Truckola include Porter, Vahak and MatchLog. Here is the list of Top 10 competitors of Truckola, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Porter
Porter
2014, Bengaluru (India), Series F
Provider of on-demand logistics and goods transportation services
$198M
75/100
2nd
Logo for Vahak
Vahak
2017, Bengaluru (India), Series A
Online marketplace for connecting shippers and transport service providers
$25.9M
56/100
3rd
Logo for MatchLog
MatchLog
2019, Mumbai (India), Seed
Operator of digital platforms facilitating container reuse for logistics efficiency
$4.58M
56/100
4th
Logo for WheelsEye
WheelsEye
2017, Gurugram (India), Seed
Online platform for booking trucks and managing logistics services
$1.01M
55/100
5th
Logo for Celcius
Celcius
2020, Navi Mumbai (India), Series B
Network facilitating refrigerated transportation and storage for perishable cargo goods
$38.4M
55/100
6th
Logo for Rivigo
Rivigo
2014, Gurugram (India), Series H
Provider of integrated logistics solutions including distribution and warehousing services
$314M
54/100
7th
Logo for Trunkpool
Trunkpool
2015, Gurugram (India), Unfunded
Online marketplace platform for freight hauling
-
-
53/100
8th
Logo for Raaho
Raaho
2015, Gurugram (India), Seed
Operator of a digital network connecting shippers, truckers, and drivers
$7.52M
51/100
9th
Logo for Infraprime Logistics Technologies
Infraprime Logistics Technologies
2017, Gurugram (India), Series B
Electric heavy-duty commercial goods carrier solutions for the logistics industry
$5.62M
51/100
10th
Logo for Trans India
Trans India
2015, Hyderabad (India), Acquired
Online marketplace that connects truck owners with load owners
-
50/100
43rd
Logo for Truckola
Truckola
2015, Mumbai (India), Deadpooled
Online freight marketplace
$820K
33/100
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Truckola's Latest cap tables and shareholding

Founders (largest shareholder) own 69.95%, Funds own 0.54%, Enterprises own 10.82% and Angels own 11.06%. The net worth of Truckola's founders is INR 13Cr as of Mar 30, 2017.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
69.95%
13Cr
7728329
1844519
8087611
1295510
Fund
0.54%
10L
0
0
0
0
Enterprise
10.82%
2.01Cr
1501244
5584046
8327114
2225079
Angel
11.06%
2.05Cr
1971098
3866814
1997837
7051576
0
0
0
0
0
0
ESOP Pool
7.66%
1.42Cr
1270575
1634423
1012509
5336345
Total
100.00%
18.6Cr
5081171
5945441
6418424
2460969
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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 Truckola's Shareholding

Truckola's Investments and acquisitions

Truckola has made no investments or acquisitions yet.

Reports related to Truckola

Here is the latest report on Truckola's sector:

News related to Truckola

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FAQs about Truckola

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