# TruckCentral Solutions Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/truckcentral-solutions-pvt

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.lobb.in
- Total disclosed funding: $0.2M
- Latest round: Seed (Mar 28, 2019)
- Investors on record: 3

## About

Based in India, TruckCentral Solutions Pvt Ltd operates a digital freight brokerage platform that connects transporters and truckers, streamlining freight management and facilitating efficient logistics transactions.TruckCentral Solutions Pvt Ltd is a digital freight brokerage that simplifies logistics by connecting transporters and truckers. Founded in 2015, the company is headquartered in Bangalore, India. The founding team includes Hemanth G, Kaju Jayarama, Umapathi Raju, and Venu Kondur, the latter currently serving as CEO. The company has successfully raised a total of USD 2.9 mn across three funding deals, with the most recent being a pre-Series A round on July 4, 2024.TruckCentral Solutions Pvt Ltd operates as a digital freight brokerage platform, primarily offering services that facilitate the seamless connection between transporters and truckers to manage freight transactions efficiently. Their core product is an online portal that allows users to book trucks, find loads, and track shipments in real-time. This platform serves a wide array of clients, including logistics companies and manufacturers requiring transportation of goods. The services emphasize KYC-verified truck owners and drivers, ensuring reliable movement of goods. The company has expanded its operations across more than 25 cities in India, with a client base comprising over 1,300 transporters and 6,000 truckers, collectively having moved over a million tonnes of freight. By centralizing truck placement and offering 24/7 support, the company addresses common pain points in the logistics sector, such as empty return journeys and inconsistent load availability.For the most recent fiscal year 2023, TruckCentral Solutions Pvt Ltd reported a revenue of USD 12.67 mn and an EBITDA of USD -235,054.8.In July 2024, TruckCentral Solutions Pvt Ltd raised USD 2.9 mn in pre-Series A funding from individual investors. The company intends to use this funding to develop new products and expand its operations to new markets, specifically targeting regions within India.

## Funding rounds

- Seed, Mar 28, 2019, $0.2M — Kalaari Capital, Orios Venture Partners, 3one4Capital Advisors

## Investors

- Kalaari Capital (https://capitalatlas.ai/funds/kalaari-capital) — Seed
- Orios Venture Partners (https://capitalatlas.ai/funds/orios-venture-partners) — Seed
- 3one4Capital Advisors (https://capitalatlas.ai/funds/3one4capital-advisors) — Seed