Locanix revenue hit $1.5M in 2024

Locanix generates revenue from customers

Locanix

Ahmedabad, Gujarat, India

About Company RevenueFundingTeamFounder/CEOCEO Net Worth

How Locanix hit $1.5M revenue with a 12 person team in 2023.

Provider of a GPS tracking platform to locate vehicles. The company's cloud based GPS tracking interface allows users to track position of vehicles and monitor fuel consumption and temperature.

Founded

2012

Founded

Revenue

$1.5M

2023 Revenue

YOY

20.85%

YOY

Funding

$300K

Funding

Locanix Revenue

In 2023, Locanix revenue run rate hit $1.5M in revenue.

  • 2023

    Locanix hit $1.5M in revenue in 2023

  • 2023

    Locanix hit $1.1M in revenue in 2023

  • 2021

    Locanix hit $1.1M in revenue in 2021

  • 2012

    Locanix launched in 2012 with $0 revenue

Locanix Funding History

  • 2016

    Locanix raised a of in June, 2016

FUNDING DATE ROUND AMOUNT VALUATION
June, 27 2016

Team

Locanix has 12 total employees.

DISTRIBUTION QTY
Total team size 12

Founder / CEO

Ruchit Surati

Entrepreneur and hands-on technologist with 10 years of experience. Worked as software professional before co-founding Locanix in 2012. Strengths are team building, operations, strategic sales, product design and development, R&D initiatives and project execution. Excellent hold on the major software development platforms. Played key roles in designing software architecture for customers from diversified industries and geographies across the globe. Bootstrapped Locanix with a co-founder from Silicon Valley and made it self-sustainable and profitable.

Q&A

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Customers

Churn

Locanix Executives

Name Position Working Email Personal Email
Ruchit Surati CEO [email protected] -

Locanix Employees

Name Position Working Email Personal Email
Ruchit Surati CEO [email protected] -

Frequently Asked Questions about Locanix

  • When was Locanix founded?

    Locanix was founded in 2012.

  • How much revenue does Locanix generate?

    Locanix generates $1.5M in revenue.

  • Who is the CEO of Locanix

    The CEO of Locanix is Ruchit Surati.

  • How much funding does Locanix have?

    Locanix raised $300K.

  • How many employees does Locanix have?

    Locanix has 12 employees.

  • Where is Locanix headquarters?

    Locanix is headquartered at Ahmedabad, Gujarat, India

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