Loca (Automotive) Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Out of Business

  • Latest Deal Type
  • Liquidation

Loca (Automotive) General Information

Description

Developer of a ride-sharing application designed to offer short and last-mile transportation services. The company's application offers shared cabs that pick up and drop from points near home or office to major points in the neighborhood, enabling users to make short commutes in an affordable and reliable manner.

Contact Information

Website
www.locarides.com
Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Corporate Office
  • We Work Galaxy, 43, Residency Road
  • Shanthala Nagar, Ashok Nagar
  • Bangalore, Karnataka 560025
  • India
Primary Industry
Automotive
Other Industries
Application Software
Other Services (B2C Non-Financial)
Vertical(s)
Mobility Tech, Micro-Mobility, Ridesharing, Mobile
Corporate Office
  • We Work Galaxy, 43, Residency Road
  • Shanthala Nagar, Ashok Nagar
  • Bangalore, Karnataka 560025
  • India

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Loca (Automotive) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Bankruptcy: Liquidation 01-Mar-2022 Completed Bankruptcy: Liquidation
1. Seed Round 23-Oct-2019 Completed Generating Revenue
To view Loca (Automotive)’s complete valuation and funding history, request access »

Loca (Automotive) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a ride-sharing application designed to offer short and last-mile transportation services. The company's app
Automotive
Bangalore, India

Hamburg, Germany
 

Dubai, United Arab Emirates
 
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Loca (Automotive) Competitors (12)

One of Loca (Automotive)’s 12 competitors is Wunder Mobility, a Venture Capital-Backed company based in Hamburg, Germany.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Wunder Mobility Venture Capital-Backed Hamburg, Germany
Careem Formerly VC-backed Dubai, United Arab Emirates
Ola Venture Capital-Backed Bengaluru, India
Wheely Venture Capital-Backed London, United Kingdom
Curb Mobility Private Equity-Backed Long Island City, NY
You’re viewing 5 of 12 competitors. Get the full list »

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Loca (Automotive) FAQs

  • When was Loca (Automotive) founded?

    Loca (Automotive) was founded in 2018.

  • Where is Loca (Automotive) headquartered?

    Loca (Automotive) is headquartered in Bangalore, India.

  • What industry is Loca (Automotive) in?

    Loca (Automotive)’s primary industry is Automotive.

  • Is Loca (Automotive) a private or public company?

    Loca (Automotive) is a Private company.

  • What is Loca (Automotive)’s current revenue?

    The current revenue for Loca (Automotive) is .

  • How much funding has Loca (Automotive) raised over time?

    Loca (Automotive) has raised $5M.

  • Who are Loca (Automotive)’s competitors?

    Wunder Mobility, Careem, Ola, Wheely, and Curb Mobility are some of the 12 competitors of Loca (Automotive).

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