Go Back

LOCOFAST ONLINE SERVICES PRIVATE LIMITED

Locofast

U18202DL2019PTC347578

Get Comprehensive Report

₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 17, 2025
Key Metrics
  • No. of Employees108
  • Founded Year 2019
  • Company StagePrivate Limited Company
  • Total Funding₹125.03 Cr
  • Industry

    ,

  • Headquarter
  • Company StatusActive
About Locofast

Locofast is the fastest-growing B2B textile marketplace connecting manufacturers and suppliers to brands, export & buying houses. They leverage technology to enable smart, efficient and sustainable fabric sourcing solutions to businesses around the world. They are a dedicated, hands-on team that takes pride in complete ownership of our actions. They are strategically patient and tactically swift which strengthens our commitment towards their partners.

Business Model

Locofast is a fashion supply chain platform. Locofast aggregates only high-quality mills on its platform and does quality checks before dispatching the order.

Top Competitors
FR
FreecultrU18109DL2019PTC357206
XY
XyxxU18209GJ2017PTC097474
BE
BewakoofU74999MH2011PTC220994
VT
Vardhman TextilesL17111PB1973PLC003345
FI
Fab India ProjectsU45201OR2010PTC011702
AF
Arvind FashionsL52399GJ2016PLC085595
GP
Grasim Premium FabricU24233PN2007PTC133637
Locofast Funding Details
Funding Highlights
Latest Funding RoundSeries A
Total Funding Raised₹125.03 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors2
Investors
  • Stellaris Venture Partners, Chiratae Ventures
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Locofast Financial Details
Financial Highlights
FY 2022-23 Revenue₹79.81 Cr
FY 2022-23 Expenses₹89.21 Cr
FY 2022-23 Profit/Loss-₹9.4 Cr
Net Cash Flow From Operations-₹14.09 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Locofast Key People
People Metrics
Current Core Team2
Board Members/Directors3

Core Team

DW
Deepak WadhwaCo-Founder & CEO
MP
Mohit PiplaniCo-Founder & COO

Board Members/Directors

DW
Deepak WadhwaDirector
MP
Mohit PiplaniDirector
RC
Rahul ChowdhriNominee Director
Locofast Documents

AY - 2019-20

Profit and Loss statement - Locofast - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Locofast for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Locofast - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Locofast for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Locofast - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Locofast for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Locofast - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Locofast for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Locofast - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Locofast for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Locofast - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Locofast for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - Locofast - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Locofast for FY 2022-23
₹249.00 ₹498.00
Balance sheet - Locofast - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Locofast for FY 2022-23
₹249.00 ₹498.00

Subscribe to our newsletter to stay updated

Weekly Funding Reports
Funding Report
Weekly Funding Report [05 May- 10 May, 2025]
Monthly Funding Reports
Funding Report
Indian startups' funding falls to $745 Mn in April

Get your Customised Report

With an exclusive 20% off on your order

Latest Industry Reports
Industry Report
HealthTech’s Rebound: After a Downturn, HealthTech...