Indian GPS-Tracking Company 'Letstrack' Enters US Market

Letstrack, a Gurgaon, Haryana-based vehicle-tracking startup that counts Ola, Uber and GE among its customers in India, has expanded to the Usa market later on entering Sri Lanka before. The company, which plans to establish itself as one of the leading players in the segment in the United states by 2020, claims to have already received over x,000 app registrations in the land since its entry earlier this calendar month.

According to a printing release from the company, it is launching all its services in the U.s., including: Letstrack Personal series, Letstrack Bike serial, Letstrack Premium, Letstrack Plug and Play, Letstrack Special and more than. The company likewise said it is working with a number of OEMs in the US to expand its achieve in the country.

In a prepared argument, Vikram Kumar, the Founder & CEO of Letstrack, said: "All American companies want to enter Red china and Republic of india, just Chinese don't allow them enter. And India is too difficult to sympathise an operate. Our main strategy was to identify distribution in place and conquer the Asian Market, and so move on to launch in Usa with a blindside. And it'southward not long earlier we see that coming true". The company has raised $1.7 1000000 in seed funding thus far, and is looking to secure Serial C funding by 2020.

With autonomous trucking and ride-aggregator services becoming more commonplace, GPS-based vehicle-tracking services, like those offered past Letstrack, are merely expected to be more in-demand from fleet operators, and then it won't be a massive surprise if the company is able to compete successfully in the largest economic system in the world.