# Shridhar Gupta

> Shridhar Gupta is the co-founder of LocoNav, a fast-growing fleet management SaaS platform that tracks over 5 million commercial vehicles across 50+ countries. Based between New Delhi and San Francisco, he co-built LocoNav from a 2016 startup into a $75M ARR business by 2025, raising $47M including a $37M Series B from investors like Sequoia Capital India and Quiet Capital. His mission: democratize fleet technology in emerging markets where 70% of 250 million commercial vehicles run with zero tech.

- **Role:** Co-Founder at LocoNav
- **Organizations:** LocoNav, Fitho Wellness, ClearTax, DNG Enterprises
- **From:** Kolkata, India
- **Nationality:** Indian
- **Education:** Secondary Education, St James School, Kolkata, BBA in Marketing, Jadavpur University, Diploma in Entrepreneurship Administration and Business Laws, The West Bengal National University of Juridical Sciences
- **Known for:** Co-built LocoNav to $75M ARR in under a decade, Raised $47M including a $37M Series B from Sequoia Capital India, Quiet Capital, Anthemis Group, and others, Scaled LocoNav to 5+ million vehicles tracked across 50+ countries

## Career timeline

- **Pre-2012** — Brand Management Intern at ITC Limited
- **2009-2014** — Co-founded DNG Enterprises, building and leading its Healthcare Division
- **2012-2015** — Joined founding team of Fitho Wellness, India's leading fitness tech platform, which was later acquired by Practo in 2015
- **2015** — Led Sales and Partnerships at ClearTax, India's first Y-Combinator product backed by Sequoia Capital
- **2016** — Co-founded LocoNav with Vidit Jain, targeting fleet management for emerging markets
- **2017** — LocoNav raised Series A from Sequoia Capital India and Accel Partners
- **2021** — LocoNav closed $37M Series B led by Quiet Capital with participation from Anthemis, Sequoia Capital India, and others
- **2022** — LocoNav launched $3M ESOP and equity buyback scheme for employees; partnered with Locus for supply chain digitization
- **2023** — LocoNav crossed $25.4M in annual revenue, expanding presence to 50+ countries
- **2024** — LocoNav reached $48.7M annual revenue; platform tracking 5+ million vehicles daily
- **2025** — LocoNav hit $75M ARR; Shridhar spoke at Commercial Vehicle Forum 2025; platform processes 1+ billion data points daily

## Achievements

- Co-built LocoNav to $75M ARR in under a decade
- Raised $47M including a $37M Series B from Sequoia Capital India, Quiet Capital, Anthemis Group, and others
- Scaled LocoNav to 5+ million vehicles tracked across 50+ countries
- Part of the founding team of Fitho Wellness which was acquired by Practo in 2015
- Partnered with Sequoia Capital twice (ClearTax and LocoNav)
- Launched a $3M ESOP and equity buyback program for LocoNav employees
- Built LocoNav to support 25+ industries in 15+ languages
- Established LocoNav as South Asia's fastest-growing fleet management platform
- Speaker at Commercial Vehicle Forum 2025
- Grew LocoNav from 0 to 388 employees and 90,000+ customers

## Latest updates

- **2025-07** — LocoNav reached $75M annual recurring revenue, representing 50%+ year-over-year growth
- **2025-03** — Shridhar Gupta spoke at Commercial Vehicle Forum 2025 as a featured industry speaker
- **2024-12** — LocoNav reported $48.7M annual revenue with 5+ million vehicles tracked
- **2022-04** — LocoNav announced strategic partnership with Locus to digitize global logistics and supply chains
- **2022-01** — LocoNav launched $3M ESOP and equity buyback scheme to reward employees

## Links

- Website: https://loconav.com
- LinkedIn: http://www.linkedin.com/in/shridhar-gupta-920a1a16
- Twitter/X: https://twitter.com/loconavofficial
- Facebook: https://www.facebook.com/loconavofficial/

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Profile page: https://yespress.io/shridhar-gupta
Published by YesPress — https://yespress.io
Last updated: 2026-05-22