Fleet software startup LocoNav raises $37 million to expand in developing markets

LocoNav, an India-based startup that is helping drivers and fleet owners in over two-dozen nations run their vehicles more efficiently and save money, said on Monday it has raised $37 million in a new financing round. Five-year-old LocoNav’s new financing round, a Series B, was funded by Quiet Capital, Anthemis Group, Foundamental, Sequoia Capital India, RIT Capital Partners, Uncorrelated Ventures, Village Global and others. The new financing round brings the to-date raise of LocoNav, which has offices in San Francisco and Gurgaon, to $47 million. Scores of high-profile tech executives, including…

This content is for Member members only.
Log In Register