LocoNav
How LocoNav stacks up in Enterprise AI — funding data, key investors, and more.
Awaira Score
Out of 100
HQ
India
Founded
2018
Raised
$37M
Stage
Series B
Team
100-500
About LocoNav
LocoNav is a fleet management and commercial vehicle telematics platform that uses AI and IoT to provide real-time tracking, driver behavior analytics, fuel monitoring, and compliance management for truck fleets, buses, and commercial vehicle operators across India and the Middle East. The platform connects GPS devices, sensors, and vehicle data to a cloud dashboard that helps fleet operators…
Key Facts
- LocoNav has raised a total of $37M in disclosed funding across 3 funding rounds.
- LocoNav was founded in 2018 by Shridhar Gupta and is headquartered in India.
- LocoNav employs approximately 100-500 people.
- LocoNav operates in the Enterprise AI category and is currently at the Series B stage.
- LocoNav has an Awaira Score of 58/100, ranking it among the tracked AI companies on Awaira.
- LocoNav's most recent funding round was a Series B of $25.9M closed in February 2021.
Source: Awaira · Updated Mar 24, 2026
Valuation
N/A
Post-money
Total Raised
$37M
All rounds
Awaira Score
58/100
Founded
2018
100-500 employees
Strengths & Risks
Strengths
Large team of 100-500+ employees
Part of India's rapidly growing AI ecosystem
Considerations
Valuation not publicly disclosed
Analysis based on publicly available data. Not investment advice.
Funding Velocity
3
Total Rounds
$12.33M
Avg Round Size
2.7yr
Funding Span
LocoNav raised 3 rounds over 2.7 years, averaging $12.33M per round — a pace of roughly one round every 11 months.
Awaira estimate based on public data. Not financial advice.
How does LocoNav stack up against competitors?
Competitor Comparison
| Metric | ★LocoNav | Canva | Notion | Delhivery AI |
|---|---|---|---|---|
| Awaira Score | 58/100 | 95/100 | 91/100 | 90/100 |
| Total Raised | $37M | $589M | $418M | $1.25B |
| Valuation | N/A | $42B | $11B | $3.45B |
| Stage | Series B | Private | Private | Public |
| Founded | 2018 | 2013 | 2013 | 2011 |
| Employees | 100-500 | 7500 | 2500 | 5000+ |
| Country | 🇮🇳 | 🇦🇺 | 🇺🇸 | 🇮🇳 |
Funding Rounds
Inactive$25.9M
Feb 2021
$8.14M
Oct 2019
$2.96M
Jun 2018
LocoNav Latest News
Founded Same Year (2018)
Similar by Funding Stage (Series B)
More from India
🇮🇳 View all AI companies in India →Alternatives
View all alternatives to LocoNav →If you're looking at LocoNav, also check out
View all Enterprise AI →People Also Viewed
Frequently Asked Questions
What is LocoNav's valuation?▾
Who invested in LocoNav?▾
When did LocoNav last raise funding?▾
How many employees does LocoNav have?▾
What does LocoNav do?▾
Who founded LocoNav?▾
Is LocoNav profitable?▾
Where is LocoNav headquartered?▾
Compare LocoNav
See how LocoNav stacks up against competitors in valuation, funding, team size, and Awaira Score.