About Bikxie
Bikxie is a Transportation, Automotive & Logistics company based in Gurugram (India) founded in 2015 by Dennis Ching and Ching Sze Tey. Bike taxis are booked via a mobile application in Gurugram. Bikxie has raised $528.21 thousand across 4 funding rounds from investors including Aditya Gupta, Nagaraj Trivengudam and Sachin Khandelwal. Bikxie was last valued at $4.31 million in January 2019. Bikxie offers products and services including Exness App, MT4 Platform, MT5 Platform, and Web Terminal. Its focus areas include Consumer, Road Transport Tech, Ride Hailing and Motorized Two-Wheelers. Its legal entity in India is Madhatters Voyage Private Limited (U60200DL2015PTC282472). Its competitors include Rapido, Haye and Hitch Biker; 2 of its 3 listed competitors have raised funding.
Company details
Bikxie was founded in 2015, with operations initiated on January 1, 2016, in Gurugram, India. Bike taxi services are booked through a mobile application, charging INR 10 for the first kilometer and INR 5 for each subsequent one. Activities are confined to Gurgaon as of early 2016. An undisclosed seed funding amount was raised from individual investment bankers, and the website remains under development.
- Headquarters Gurugram, India
- Founders Dennis Ching, Ching Sze Tey
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website bikxie.com
- Social LinkedIn X Facebook YouTube
- Legal Name Madhatters Voyage Private Limited
- Date of Incorporation 07 Jul, 2015
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹8,043
FY 2022 · -99% YoY
- Net Loss-₹47,399
FY 2022 · -589% margin
- EBITDA-₹47,399
FY 2022 · -589% margin
- Total Equity Funding$528.21K (USD)
in 4 rounds
- InvestorsGEMS Partners
& 12 more
Associated legal entities of Bikxie
Bikxie operates through Madhatters Voyage Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Madhatters Voyage Private Limited CIN U60200DL2015PTC282472 | Active | 07 Jul 2015 | New Delhi, Delhi | ₹0.0 Cr | 2 | View details |
Products & Services of Bikxie
Bikxie offers a comprehensive portfolio of products and services, including Exness App, MT4 Platform, MT5 Platform, and Web Terminal.
Mobile platform for forex and CFD trading access.
Software for forex trading with indicators and automation.
Advanced platform for stocks and market analysis.
Browser-based tool for quick forex trades.
Apps and channels of Bikxie
its YouTube channel Exness has 258K subscribers and 30 videos.
Videos from Bikxie
The most watched videos on Bikxie's YouTube channel, Exness (258K subscribers). Click a video to play it here.
More on Exness.
Funding Insights of Bikxie
Bikxie has successfully raised a total of $528.21K across 4 strategic funding rounds. 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 $528,213
- Total Rounds 4
- First Round $59,872
(Jan 2016)
- Investors Count 13
All 4 funding rounds of Bikxie with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2019 | Angel Round | $4.31M | – | – | |
| Jan 2018 | $402,132 | Angel Round | – | Aditya Gupta | |
| Apr 2016 | $66,209 | Angel Round | $3.42M | Manisha Awasthi | |
| Jan 2016 | $59,872 | Angel Round | $••••• | Amit Bhutra |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2019 | $4.31M | •••••••• |
| Apr 2016 | $3.42M | •••••••• |
| Jan 2016 | $••••• | •••••••• |
Full valuation and stage history of Bikxie
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $4.31M (Jan 2019). 13 investors in total: 1 institutional and 12 angel.
Investors in Bikxie
Bikxie has secured backing from 13 investors, including angel and venture fund investors. Prominent investors backing the company include Aditya Gupta, Nagaraj Trivengudam and Sachin Khandelwal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on multiple sectors | 2016 | gemspartnership.com | Delhi, India | |
AG Aditya Gupta | unknown_6726a26ccaec4a2ab | |||
NT Nagaraj Trivengudam | unknown_3f3c1f4ea4c24f2a9 | |||
SK Sachin Khandelwal | unknown_460cbf4675c54fa1a | |||
SM Sambhav Malhotra | unknown_01ac9a19c19d4cec8 | |||
MA Manisha Awasthi | unknown_c0d494c16a0b4aae9 | |||
AA Anish Agarwal | unknown_9c62b929af574eb4b | |||
VM Vikas Mishra | Angel investor and entrepreneur, co-founder of PagarBook, focused on tech startups | unknown_3fc935bb83b74bae9 | ||
DR Dheeraj Rawatny | unknown_075c7743bc3e4f4a8 | |||
YS Yatindra Soperna | unknown_165248298eb34acbb |
Investor details for Bikxie
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Madhatters Voyage Private Limited (Bikxie)
Madhatters Voyage Private Limited is the primary company behind Bikxie. The board of Madhatters Voyage Private Limited currently have 2 directors; the longest-serving is Mohit Sharma, appointed in 2015. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohit Sharma DIN 07294327 | Director | 03 Sep 2015 | 11 yrs 2 mo | Madhatters Voyage Private Limited |
| Dennis Leo Ching DIN 07523440 | Director | 30 Apr 2016 | 10 yrs 6 mo | Madhatters Voyage Private Limited |
People of Bikxie
2 people are tracked at Bikxie (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Ching Sze Tey | Co-Founder & CMO | Leadership |
Complete people profiles for Bikxie
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Bikxie
Figures of Madhatters Voyage Private Limited, the primary company behind Bikxie, for FY 2022. Revenue was ₹8,043 (-99% year on year). Net loss was -₹47,399 (-589% margin). EBITDA was -₹47,399 (-589% margin). Revenue has grown at a compounded annual rate of -94% over three years and -73% over five years.
- ₹8,043Revenue · FY 2022 · -99% YoY
- -₹47,399Net loss · -589% margin
- -₹47,399EBITDA · -589% margin
- -94%Revenue CAGR, 3 years
- -73%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Madhatters Voyage Private Limited are on its company page.
Detailed financial statements for Bikxie
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Bikxie
4 dated milestones of Bikxie across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Bikxie is founded.
- Funding First funding round of $60K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round,.
Competitors of Bikxie
Bikxie has 3 listed competitors in our database, 2 of them funded. They include Rapido, Haye and Hitch Biker.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rapido.bike | 2015 | Bengaluru, India | $798.05M | 715 | Operator of a bike taxi aggregation service, offering intra-city travel and first-mile, last-mile connectivity solutions | |
| haye.in | 2019 | Hyderabad, India | Functions as an app-based aggregator for bike ride-hailing services. | |||
| hitchbiker.in | 2016 | Chennai, India | $37,958 | App-based platform for book taxi or bike services |
Detailed competitors of Bikxie
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Road Transport Tech
3 companies that operate in the same segment as Bikxie (Road Transport Tech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing, electric vehicles, and financial solutions are provided via app. | 2010 | Bengaluru, Karnataka, India | USD 3.83 B | USD 278.63 M | 2,473 | |
Operator of a bike taxi aggregation service, offering intra-city travel and first-mile, last-mile connectivity solutions | 2015 | Bengaluru, Karnataka, India | USD 826.75 M | USD 19.11 M | 817 | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M |
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Related news about Bikxie
Complete news archive for Bikxie
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Bikxie
Bikxie was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Bikxie is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Bikxie is a funded company, having raised a total of $528.21K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $59.87K, raised on Jan 2016.
The primary company behind Bikxie, Madhatters Voyage Private Limited, reported revenue of ₹8,043 for FY 2022, down 99% year on year.
Bikxie was founded in 2015, with operations initiated on January 1, 2016, in Gurugram, India. Bike taxi services are booked through a mobile application, charging INR 10 for the first kilometer and INR 5 for each subsequent one. Activities are confined to Gurgaon as of early 2016. An undisclosed seed funding amount was raised from individual investment bankers, and the website remains under development.
Bikxie's top competitors include Rapido, Hitch Biker and Haye.
Bikxie offers Exness App, MT4 Platform, MT5 Platform, and Web Terminal.
Bikxie has 13 investors. Key investors include Aditya Gupta, Nagaraj Trivengudam, Sachin Khandelwal, Sambhav Malhotra, and Manisha Awasthi.
The valuation of Bikxie is $4.31M as of Jan 2019.
Bikxie operates through Madhatters Voyage Private Limited.
The legal entities of Bikxie currently have 2 directors, including Mohit Sharma, Dennis Leo Ching.