# Vidit Jain

> Vidit Jain is the co-founder of LocoNav, a full-stack AI-powered fleet management platform serving 500,000+ vehicle owners across 50+ countries. A mechanical-engineer-turned-software-builder, he pivoted from early-stage stints at ClearTax and Bizzy to co-found LocoNav in 2016 alongside Shridhar Gupta. The company has raised $47 million (including a $37M Series B in 2021) and tracks over 5 million vehicles globally, positioning itself as the emerging-market answer to Samsara. Vidit also angel-invests in startups and serves on one board.

- **Role:** Co-Founder at LocoNav
- **Organizations:** LocoNav, BabaTrucks, LocoInsure
- **Nationality:** Indian
- **Education:** B.Tech. in Mechanical Engineering, Guru Gobind Singh Indraprastha University
- **Known for:** Co-founded LocoNav, which tracks 5+ million vehicles across 50+ countries, Raised $47M in total funding including a $37M Series B in 2021, Built a platform processing 1+ billion data points daily

## Career timeline

- **2011** — Research Fellow at GREEN ADD+ (sustainability focus)
- **2013** — Software Developer at Vinsol
- **2015** — Lead Engineer at ClearTax (Engineer #2 at India's first YC-backed product company)
- **2015** — Founding Engineer at Bizzy (acquired by SendGrid) - built the entire backend framework
- **2015-2016** — Co-founded BabaTrucks, an online marketplace connecting truck owners with customers
- **2016** — Co-founded LocoNav with Shridhar Gupta, pivoting from BabaTrucks
- **2017** — LocoNav raises Series A ($10M) led by Sequoia Capital India and Foundamental
- **2021** — LocoNav raises Series B ($37M) led by Quiet Capital and Anthemis Group
- **2021-present** — Angel investor in 3 startups, board member of 1 company

## Achievements

- Co-founded LocoNav, which tracks 5+ million vehicles across 50+ countries
- Raised $47M in total funding including a $37M Series B in 2021
- Built a platform processing 1+ billion data points daily
- Grew LocoNav to 311+ employees across India and the US
- LocoNav tracks 9+ million kilometers of vehicle travel daily
- Serves 500,000+ vehicle and fleet owners globally
- Integrated with 2,200+ device types and sensors
- Attracted top-tier investors including Sequoia Capital, Quiet Capital, and Anthemis
- Built LocoNav into a potential unicorn challenger in the Indian IoT space
- Angel investor in 3 startups and board member of 1 company

## Latest updates

- **2021-06** — LocoNav closes $37M Series B round led by Quiet Capital and Anthemis Group
- **2022-04** — YourStory profiles LocoNav as a full-stack AI/ML/IoT fleet management innovator
- **2021-06** — LocoNav announces strategic partnership with Locus to digitize global logistics
- **2021-06** — Company announces expansion plans including new data science teams in SF, Gurgaon and Bangalore

## Links

- Website: https://loconav.com
- LinkedIn: http://www.linkedin.com/in/vidit-jain
- Twitter/X: https://twitter.com/viditjamn
- Facebook: https://www.facebook.com/loconavofficial/

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Profile page: https://yespress.io/vidit-jain
Published by YesPress — https://yespress.io
Last updated: 2026-05-20