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LocoNav vs Delhivery AI

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Delhivery AI is valued at $3.5B — more than 3x LocoNav's N/A.

Head-to-Head Verdict

Delhivery AI leads on 4 of 4 metrics

LocoNav

0 wins

-Funding
-Awaira Score
-Team Size
-Experience

Delhivery AI

4 wins

+Funding
+Awaira Score
+Team Size
+Experience

Key Numbers

Valuation
N/A
$3.5B
Total Funding
$37M
$1.3B
Awaira Score
58/100
90/100
Employees
100-500
5000+
Founded
2018
2011
Stage
Series B
Public
LocoNavDelhivery AI
LocoNav logo
LocoNav

🇮🇳 India · Shridhar Gupta

Series BEnterprise AIEst. 2018

Valuation

N/A

Total Funding

$37M

Awaira Score58/100

100-500 employees

Full LocoNav Profile →
Winner
Delhivery AI logo
Delhivery AI

🇮🇳 India · Sahil Barua

PublicEnterprise AIEst. 2011

Valuation

$3.5B

Total Funding

$1.3B

Awaira Score90/100

5000+ employees

Full Delhivery AI Profile →
Market Context

LocoNav and Delhivery AI are both Enterprise AI companies based in India, making this a direct domestic rivalry. The stage gap — LocoNav at Series B vs Delhivery AI at Public — shapes how each company allocates capital and talent.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

LocoNav and Delhivery AI both operate in Enterprise AI, though their strategies diverge significantly. 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. Delhivery is India's largest publicly listed logistics and supply chain services company, operating an AI-powered platform that coordinates end-to-end parcel delivery, freight forwarding, warehousing, and cross-border logistics through a combination of proprietary technology, owned infrastructure, and a partner network spanning over 17,000 PIN codes.

Funding & Valuation

Delhivery AI carries a disclosed valuation of $3.5B, while LocoNav remains privately valued. With $1.3B raised, Delhivery AI has attracted substantially more capital than LocoNav ($37M).

Growth Stage

With a 7-year head start, Delhivery AI (founded 2011) has had considerably more time to mature than LocoNav (2018). Stage-wise, LocoNav is classified as Series B and Delhivery AI as Public, reflecting divergent fundraising histories. On headcount, LocoNav reports 100-500 employees and Delhivery AI reports 5000+.

Geography & Outlook

Both companies are headquartered in 🇮🇳 India, competing for the same regional talent pool and customer base. A 32-point gap on the Awaira Score (Delhivery AI: 90, LocoNav: 58) signals a clear difference in overall company strength. LocoNav, led by Shridhar Gupta, and Delhivery AI, led by Sahil Barua, each bring distinct leadership visions to the AI sector.

Funding Velocity

LocoNav

Total Rounds3
Avg. Round Size$12.3M
Funding Span2.7 yrs

Delhivery AI

Total Rounds5
Avg. Round Size$250M
Funding Span5.3 yrs

Funding History

LocoNav has completed 3 funding rounds, while Delhivery AI has gone through 5. LocoNav's most recent round was a Series B of $25.9M, compared to Delhivery AI's Series D ($500M). LocoNav is at Series B while Delhivery AI is at Public — different points in their growth trajectory.

Team & Scale

Delhivery AI has the bigger team at roughly 5000+ people — 50x the size of LocoNav's 100-500. Delhivery AI has a 7-year head start, founded in 2011 vs LocoNav's 2018. Both are based in India.

Metrics Comparison

MetricLocoNavDelhivery AI
💰Valuation
N/A
$3.5B
📈Total Funding
$37M
$1.3BWINS
📅Founded
2018WINS
2011
🚀Stage
Series B
Public
👥Employees
100-500
5000+
🌍Country
India
India
🏷️Category
Enterprise AI
Enterprise AI
Awaira Score
58
90WINS

Key Differences

📈

Funding gap: Delhivery AI has raised $1.2B more ($1.3B vs $37M)

📅

Market experience: Delhivery AI has 7 years more (founded 2011 vs 2018)

🚀

Growth stage: LocoNav is at Series B vs Delhivery AI at Public

👥

Team size: LocoNav has 100-500 employees vs Delhivery AI's 5000+

⚔️

Direct competitors: Both operate in the Enterprise AI market segment

Awaira Score: Delhivery AI scores 90/100 vs LocoNav's 58/100

Which Should You Choose?

Use these signals to make the right call

LocoNav logo

Choose LocoNav if…

  • 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
Delhivery AI logo

Choose Delhivery AI if…

Top Pick
  • Higher Awaira Score — 90/100 vs 58/100
  • More established by valuation ($3.5B)
  • Stronger investor backing — raised $1.3B
  • More market experience — founded in 2011
  • Delhivery is India's largest publicly listed logistics and supply chain services company, operating an AI-powered platform that coordinates end-to-end parcel delivery, freight forwarding, warehousing, and cross-border logistics through a combination of proprietary technology, owned infrastructure, and a partner network spanning over 17,000 PIN codes

Funding History

LocoNav raised $37M across 3 rounds. Delhivery AI raised $1.3B across 5 rounds.

LocoNav

Series B

Feb 2021

$25.9M

Series A

Oct 2019

$8.1M

Seed

Jun 2018

$3M

Delhivery AI

Series D

Oct 2016

$500M

Series C

Jun 2015

$387.5M

Series B

Feb 2014

$225M

Series A

Oct 2012

$100M

Seed

Jun 2011

$37.5M

Users Also Compare

FAQ — LocoNav vs Delhivery AI

Is LocoNav bigger than Delhivery AI?
Delhivery AI has a disclosed valuation of $3.5B, while LocoNav's valuation is not publicly available, making a direct size comparison difficult. Delhivery AI employs 5000+ people.
Which company raised more funding — LocoNav or Delhivery AI?
Delhivery AI has raised more in total funding at $1.3B, compared to LocoNav's $37M — a gap of $1.2B. Combined, the two companies have completed 8 known funding rounds.
Which company has a higher Awaira Score?
Delhivery AI leads with an Awaira Score of 90/100, while LocoNav sits at 58/100. That 32-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded LocoNav vs Delhivery AI?
LocoNav was founded by Shridhar Gupta in 2018. Delhivery AI was founded by Sahil Barua in 2011. Visit each company's profile on Awaira for a full founder biography.
What does LocoNav do vs Delhivery AI?
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 reduce fuel costs, improve driver safety, and manage regulatory compliance.\n\nThe company raised approximately $37M in Series B funding from investors including Anthemis and Proparco, and has built a fleet management platform covering hundreds of thousands of vehicles across South Asia. LocoNav's telematics data and AI analytics help fleet operators achieve measurable reductions in fuel consumption and accident rates.\n\nIndia's commercial vehicle fleet is one of the largest in the world and remains significantly underdigitized relative to markets in North America and Europe. LocoNav's affordable, mobile-first telematics platform targets the large segment of Indian fleet operators for whom enterprise-grade fleet management software has historically been inaccessible due to cost and implementation complexity. Delhivery AI: Delhivery is India's largest publicly listed logistics and supply chain services company, operating an AI-powered platform that coordinates end-to-end parcel delivery, freight forwarding, warehousing, and cross-border logistics through a combination of proprietary technology, owned infrastructure, and a partner network spanning over 17,000 PIN codes. The company's AI systems optimize route planning, dynamic pricing, capacity allocation, and network design across millions of daily shipments.\n\nListed on the NSE and BSE, Delhivery raised over $1B in equity funding prior to its IPO and commands a market capitalization reflecting its position as India's dominant third-party logistics provider. The company serves thousands of direct e-commerce, retail, and enterprise clients and processes hundreds of millions of shipments annually.\n\nDelhivery's scale in Indian logistics creates a data advantage that compounds — each additional shipment improves the AI models that drive route optimization, delivery time prediction, and network capacity planning. As Indian e-commerce continues to expand and logistics infrastructure investment intensifies, Delhivery's technology platform and network scale position it as the default logistics intelligence layer for the Indian supply chain. Delhivery AI operates in the Enterprise AI sector and is headquartered in India. Founded in 2011 by Sahil Barua, Delhivery AI has raised $1.3B in total funding, achieving a valuation of $3.5B as of its latest round. The company's funding journey includes a Seed of $37.5M in 2011, a Series A of $100M in 2012, a Series B of $225M in 2014, a Series C of $387.5M in 2015, a Series D of $500M in 2016. With approximately 5000+ employees, Delhivery AI has established itself as a Public-stage player in the Enterprise AI market. The company holds an Awaira Score of 90/100, reflecting its strong position across valuation, funding trajectory, team scale, and market influence. Delhivery AI competes in a rapidly evolving segment alongside other Enterprise AI companies. As part of India's growing AI ecosystem, Delhivery AI is positioned to capitalize on the region's expanding tech talent pool and enterprise demand. The Enterprise AI space has attracted significant investment in recent years, with companies racing to capture enterprise and consumer demand for AI-powered solutions.
Which company was founded first?
Delhivery AI got there first, launching in 2011 — that's 7 years of extra runway. LocoNav didn't arrive until 2018. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
LocoNav has about 100-500 employees; Delhivery AI has about 5000+. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are LocoNav and Delhivery AI competitors?
Yes — they're direct rivals. Both LocoNav and Delhivery AI compete in Enterprise AI, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

Delhivery AI has a clear lead here — Awaira Score of 90 vs LocoNav's 58. The difference comes down to funding depth and team scale.

Who Should You Watch?

Delhivery AI is in the stronger position — better score and deeper pockets. But LocoNav has room to surprise, especially if they land a marquee investor. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive