About AutoWale
AutoWale is a company based in Pune (India) founded in 2010 was acquired by Jugnoo in November 2015.. AutoWale has raised $861.78 thousand across 4 funding rounds from investors including Jugnoo, Shell Foundation and MassChallenge. The company has 1 employees as of April 01, 2024. AutoWale operates in a competitive market with competitors including Jugnoo, MyPickup, Tuk Tuk Hop, Bzzt and G-Auto, among others.
- Headquarter Pune, India
- Employees 1 as on 01 Apr, 2024
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Ubida Solutions Private Limited
- Date of Incorporation 08 Feb, 2010
- Jurisdiction Pune, Maharashtra, India
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Funding Insights of AutoWale
AutoWale has successfully raised a total of $861.78K across 4 strategic funding rounds. The most recent funding activity was a Grant round of $50 thousand completed in March 2014. 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 Total Funding
- Total Rounds 4
- Last Round Grant — $50,000
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First Round
First Round
(01 Jun 2011)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2014 | Amount | Grant - AutoWale | Valuation |
investors |
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| May, 2013 | Amount | Grant - AutoWale | Valuation |
investors |
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| May, 2012 | Amount | Angel Round - AutoWale | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AutoWale
AutoWale has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Jugnoo, Shell Foundation and MassChallenge. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage entrepreneurs are accelerated through MassChallenge's program.
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Founded Year | Domain | Location | |
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Early-stage tech investments are focused on by GSF in India.
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Founded Year | Domain | Location | |
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Non-profit organisation focusing on low-income communities
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AutoWale
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AutoWale
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Autowale Comparisons
Competitors of AutoWale
AutoWale 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 Jugnoo, MyPickup, Tuk Tuk Hop, Bzzt and G-Auto, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Auto-rickshaw transportation services are booked through a mobile app.
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| domain | founded_year | HQ Location |
On-demand electric rides are offered for daily commutes through subscriptions.
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| domain | founded_year | HQ Location |
Offers hop-on hop-off tuk-tuk tours and private rides in Bangkok for tourists.
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| domain | founded_year | HQ Location |
Electric auto rickshaws are hailed through a mobile app platform.
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| domain | founded_year | HQ Location |
App-based platform aggregating individual vehicles for secure and budget-friendly rides.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about AutoWale
When was AutoWale founded?
AutoWale was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is AutoWale located?
AutoWale is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Is AutoWale a funded company?
AutoWale is a funded company, having raised a total of $861.78K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $361.78K, raised on Jun 01, 2011.
How many employees does AutoWale have?
As of Apr 01, 2024, the latest employee count at AutoWale is 1.
What does AutoWale do?
AutoWale was founded in 2010 in Pune, India, as an online aggregator for auto-rickshaw services. Operations are conducted via a digital platform that facilitates ride bookings through websites, mobile apps, and call centers. Users submit pickup and destination details, with payments processed online. The service focuses on urban mobility in the transportation sector, connecting riders with auto-rickshaw drivers efficiently.
Who are the top competitors of AutoWale?
AutoWale's top competitors include Jugnoo, Oye Rickshaw and MyPickup.
Who are AutoWale's investors?
AutoWale has 4 investors. Key investors include Jugnoo, Shell Foundation, MassChallenge, and GSF India.