LocoNav raises $37m funding from Quiet Capital, Sequoia India, others

Photo: Unsplash

LocoNav, an AI driven intelligent fleet management system and expense management platform, has raised $37 million in a Series B funding round from investors including Quiet Capital, Anthemis Group, Sequoia Capital India, Foundamental, RIT Capital Partners, Uncorrelated Ventures, and Village Global, among others.

The funding round also saw the participation of Anjali Joshi (ex VP-product at Google), Anand Chandrasekaran (ex-CPO at Snapdeal and ex-director, Facebook), Manik Gupta (ex-CPO at Uber Technologies), Jai Shekhawat, Mark Licht, Akhil Paul, Vas Bhandarkar, Ajay Agarwal (partner at Bain Capital Ventures), Abhi Ingle (COO at Qualtrics) and Aadil Mamujee.

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