About Bikes24x7
Bikes24x7 is a company based in Pune (India) founded in 2018 by Khyati Khandelwal and Disha Krishi Khandelwal. Bikes24x7 has raised $55.16 thousand across 1 funding round from investors including Vijay Kumar Balraj, Abhijit Saxena and Rajeev Bhatnagar. Bikes24x7 operates in a competitive market with competitors including Droom, COYOTE, CredR, BeepKart and Pendragon, among others.
- Headquarter Pune, India
- Founders Khyati Khandelwal, Disha Krishi Khandelwal
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Rideonrent Technologies Private Limited
- Date of Incorporation 15 Oct, 2015
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$1 M (USD)88.03as on Mar 31, 2023
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Net Profit
-$51.16 K (USD)-3242.66as on Mar 31, 2023
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EBITDA
-$70.69 K (USD)-548.16as on Mar 31, 2023
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Total Equity Funding
$55.16 K (USD)
in 1 rounds
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Latest Funding Round
$55.16 K (USD), Angel Round
Jun 04, 2022
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Investors
& 19 more
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Employee Count
Not available
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Funding Insights of Bikes24x7
Bikes24x7 has successfully raised a total of $55.16K through 1 strategic funding round. The most recent funding activity was a Angel Round of $55.16 thousand completed in June 2022. 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.
Investors in Bikes24x7
Bikes24x7 has secured backing from 20 investors, including angel investors. Prominent investors backing the company include Vijay Kumar Balraj, Abhijit Saxena and Rajeev Bhatnagar.
| Investor | Description | Founded Year | Domain | Location |
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Vijay Kumar Balraj |
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Locked | Locked | Locked |
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Abhijit Saxena |
Angel investor, ex-CEO of Netcore Cloud, focused on tech startups
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Rajeev Bhatnagar |
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Locked | Locked | Locked |
Investor details for Bikes24x7
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Investments & Acquisitions by Bikes24x7
Investment portfolio details for Bikes24x7
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Financial Statements - Bikes24x7
Detailed financials for Bikes24x7
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Bikes24x7 Comparisons
Peer comparison for Bikes24x7
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Competitors of Bikes24x7
Bikes24x7 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 Droom, COYOTE, CredR, BeepKart and Pendragon, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Used vehicles are bought and sold through an AI platform.
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Integrated solutions for fleet management and vehicle tracking
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Second-hand bikes are bought and sold via an online marketplace.
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Used two-wheelers are sold via an online digital platform.
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Car dealership, repair, and leasing services are provided.
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Car dealership group
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Detailed competitors of Bikes24x7
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Latest news on Bikes24x7
Complete news archive for Bikes24x7
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Frequently Asked Questions about Bikes24x7
Bikes24x7 was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Bikes24x7 is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Bikes24x7 is a funded company, having raised a total of $55.16K across 1 funding round to date.
Annual revenue of Bikes24x7 is $1M as on Mar 31, 2023.
Bikes24x7 was founded in 2018 and is headquartered in Pune, India. Operations focus on the online retail sector for motorcycles, where both new and used bikes are traded through the domain bikes24x7.com. The platform serves customers seeking various bike models, with transactions handled digitally. Co-founders Khyati Khandelwal and Disha Krishi Khandelwal lead the venture, emphasizing accessibility in the Indian market.
Bikes24x7 has 20 investors. Key investors include Vijay Kumar Balraj, Abhijit Saxena, Rajeev Bhatnagar, Sourabh Bhatnagar, and Ruchin Goel.
The valuation of Bikes24x7 is $2.18M as of Jun 2022.