Lokal

Lokal

Operator of a platform for local updates, Jobs, and Advertising

Founded

2018

Headquarters

Bengaluru

Status

Series B

Company Details

Lokal is a regional content and services platform built for people in India’s smaller towns and cities. It helps users stay updated with local news, job openings, real estate, and community updates in their own regional languages.

The platform aims to make the internet more relevant for non-metro audiences by focusing on hyperlocal content — news and information that directly impact users’ daily lives. Lokal bridges the gap between local communities and digital platforms, creating a space where people can connect, find opportunities, and promote their businesses within their own district or city.

Core Products & Services

  • Local News & Updates: Daily news and alerts in regional languages tailored to each district.
  • Job Listings: Verified local job opportunities for blue-collar and semi-skilled workers.
  • Real Estate & Classifieds: Property listings, buy/sell ads, and local business promotions.
  • Matrimonial & Community Posts: Localized matrimonial ads and community interactions.
  • Advertising for Small Businesses: Affordable promotional tools for regional brands and shops.
  • Multi-language App Experience: Personalized content available in various Indian languages.

Business Model & Revenue Streams

  • Advertising Revenue: Earns income from local and regional brands running ads on the platform.
  • Paid Listings: Charges for premium job posts, real estate listings, and other classifieds.
  • Business Promotions: Offers marketing services to help small businesses reach local audiences.
  • Community Engagement Model: Focuses on growing active regional communities to increase reach and ad value.
  • Scalable Growth: Expands by entering new cities and languages to reach untapped audiences in Tier 2 and Tier 3 India.

Key People

Jani Pasha

Vipul Chaudhary

Key Metrics

Total Equity Funding

$31.8Million

No. of Funding Rounds

4

Latest Funding Round

$14.7Million, Series B

as of October 19, 2022

Post Money Valuation

$57Million

as of November 25, 2022

Funding Multiple

0.10×

as of N/A

Investors

3one4 Capital

and 4 more

Employee Count

967

Similar Companies

Bitoodle

Exit Details

-

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
October 19, 2022Series B$14.7Million$46.2Million$2Million- Global Brain, Sony Innovation Fund, India Quotient
May 12, 2021Series B$13.4Million$21.7Million$513K-Y Combinator, India Quotient, 3one4 Capital, Ault Krug, Soma Capital, Z Nation Lab
September 2, 2019Series A$3Million$2Million$25.1K-3one4 Capital, Suashish, Y Combinator, Soma Capital, India Quotient, I2BF Global Ventures, Starling Ventures
May 18, 2018Seed$736K$1.14Million--India Quotient

Recent News