360Ride

Bengaluru, India Founded: 2012 • Age: 14 yrs
P2P ride sharingcar pooling app

About 360Ride

360Ride is a company based in Bengaluru (India) founded in 2012 by Eswara Varaprasad Ravikumar. 360Ride has raised $155 thousand across 1 funding round. 360Ride offers products and services including Bicycles, Helmets, and Bike Accessories. 360Ride operates in a competitive market with competitors including Careem, Uber, Lyft, Cabify and Didi, among others.

  • Headquarter Bengaluru, India
  • Founders Eswara Varaprasad Ravikumar
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website 360ride.in
  • Social X Facebook
  • Legal Name 360Cabs Software Solutions Private Limited
  • Date of Incorporation 25 May, 2013
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹0.07 Cr

    FY 2016 · -53% YoY

  • Net Loss
    -₹0.81 Cr

    FY 2016 · -1218% margin

  • EBITDA
    -₹0.80 Cr

    FY 2016 · -1198% margin

  • Total Equity Funding
    $155K (USD)

    in 1 rounds

  • Latest Funding Round
    $155K (USD), Seed

    Sep 2015

Products & Services of 360Ride

360Ride offers a comprehensive portfolio of products and services, including Bicycles, Helmets, and Bike Accessories.

Bicycles
Product Reviews

Reviews of best bicycles for kids and adults in India.

Helmets
Safety Gear

Evaluates motorcycle and off-road helmets for protection.

Bike Accessories
Riding Gear

Covers jackets, covers, and engine oils for maintenance.

Funding Insights of 360Ride

360Ride has successfully raised a total of $155K through 1 strategic funding round. The most recent funding activity was a Seed round of $155 thousand completed in September 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $155,000
  • Total Rounds 1
  • Last Round Seed β€” $155,000
  • First Round $155,000

    (Sep 2015)

All 1 funding rounds of 360Ride with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2015$155,000Seed––
–

Board of directors of 360Cabs Software Solutions Private Limited (360Ride)

360Cabs Software Solutions Private Limited is the primary company behind 360Ride. The board of 360Cabs Software Solutions Private Limited currently have 2 directors; the longest-serving is Lokesh Bevara, appointed in 2013.

DirectorDesignationAppointedTenureEntity
Lokesh Bevara
DIN 05322820
Director25 May 201313 yrs 4 mo360Cabs Software Solutions Private Limited
Eswara Varaprasad Ravikumar
DIN 06486363
Director25 May 201313 yrs 4 mo360Cabs Software Solutions Private Limited

People of 360Ride

1 people are tracked at 360Ride (1 in leadership).

NameRoleGroup
Co-FounderLeadership
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Financials of 360Ride

Figures of 360Cabs Software Solutions Private Limited, the primary company behind 360Ride, for FY 2016. Revenue was ₹0.07 Cr (-53% year on year). Net loss was -₹0.81 Cr (-1218% margin). EBITDA was -₹0.80 Cr (-1198% margin).

  • ₹0.07 CrRevenue · FY 2016 · -53% YoY
  • -₹0.81 CrNet loss · -1218% margin
  • -₹0.80 CrEBITDA · -1198% margin
  • ₹0.41 CrPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of 360Cabs Software Solutions Private Limited are on its company page.

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Detailed financial statements for 360Ride

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
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  • Downloads

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Timeline of 360Ride

2 dated milestones of 360Ride across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded 360Ride is founded.
  2. Funding First funding round of $155K.

Competitors of 360Ride

360Ride operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Careem, Uber, Lyft, Cabify and Didi, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
careem.com2012Dubai, United Arab Emirates$771.7M–
Rides and deliveries are facilitated via a mobile app platform.
uber.com2009San Francisco, United States$13.21B31,100
An online platform providing ride-hailing and food delivery services
lyft.com2007San Francisco, United States$5.02B4,419
App-based ride-hailing aggregator
cabify.com2011Madrid, Spain$516.67M–
Ride-hailing services are offered via a mobile app platform.
didiglobal.com2012Haidian, China$20.77B1
An AI-enabled platform is operated for ride-hailing and on-demand services.
gett.com2010Tel Aviv, Israel$1.02B–
Rides are hailed through an app-based platform.
kakaomobility.com2015Seongnam-si, South Korea$989.5M–
Integrated transportation services are delivered through a mobile app.
heetch.com2013Paris, France$74M–
App-based taxi-hailing services are offered in select European cities.
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Detailed competitors of 360Ride

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  • Full competitor set
  • Operating metrics
  • Benchmarks
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Web traffic of 360Ride

The website of 360Ride (360ride.in) receives about 1.1K visits a month.

  • Monthly visits
    1.1K

    ▼ 25.6% vs previous month

Latest news on 360Ride

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Complete news archive for 360Ride

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  • Full article archive
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Similar companies to 360Ride

10 companies that operate in the same segment as 360Ride (Road Transport Tech), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Ride-hailing and on-demand delivery services are aggregated via mobile app.
2012Singapore, SingaporeUSD 9.09 BUSD 3.37 B11,270
An online platform providing ride-hailing and food delivery services
2009San Francisco, California, United StatesUSD 13.21 BUSD 52.02 B31,100
Ride-hailing, electric vehicles, and financial solutions are provided via app.
2010Bengaluru, Karnataka, IndiaUSD 3.84 B––
Electric kick-scooters are rented through an app-based platform.
2017Miami, Florida, United StatesUSD 765.74 M––
Operator of a bike taxi aggregation service, offering intra-city travel and first-mile, last-mile connectivity solutions
2015Bengaluru, Karnataka, IndiaUSD 813.93 MUSD 19.11 M660
Rides and deliveries are facilitated via a mobile app platform.
2012Dubai, Dubai, United Arab EmiratesUSD 771.7 M––
Electric kick-scooters are rented through an app-based platform.
2017San Francisco, California, United StatesUSD 1.71 B––
Electric ride-hailing and cab services are provided via mobile app.
2019Mumbai, Maharashtra, IndiaUSD 168.52 M––
Bus tickets are booked online via portal and mobile app.
2006Bengaluru, Karnataka, IndiaUSD 10 M––
App-based ride-hailing aggregator
2007San Francisco, California, United StatesUSD 5.02 BUSD 6.32 B2,930
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Frequently Asked Questions about 360Ride

360Ride was founded in 2012 and raised its 1st funding round 3 years after it was founded.

360Ride is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

360Ride is a funded company, having raised a total of $155K across 1 funding round to date. The company's 1st funding round was a Seed of $155K, raised on Sep 2015.

The primary company behind 360Ride, 360Cabs Software Solutions Private Limited, reported revenue of β‚Ή0.07 Cr for FY 2016, down 53% year on year.

360Ride was founded in 2012 in Bengaluru, India, as a peer-to-peer ride sharing platform. Rides can be posted or requested for car pooling, bike pooling, and intra- or inter-city travel. No registration or transaction fees are charged. Co-traveler details are viewable for selection, with seat rates set by ride offerers. An Android app was offered, achieving 3,000 downloads by December 2015.

360Ride's top competitors include Uber, Careem and Lyft.

360Ride offers Bicycles, Helmets, and Bike Accessories.

360Ride operates through 360Cabs Software Solutions Private Limited.

The legal entities of 360Ride currently have 2 directors, including Lokesh Bevara, Eswara Varaprasad Ravikumar.

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