About CareODrive
CareODrive was a Business Services company based in Kolkata (India) founded in 2016 by Namit Mahuvakar, Dinesh Agarwal, and Abhishek Jhunjhunwala. It provides a parking and valet assistance app for users. It operates on a B2C model. The company is recorded as dissolved. Its focus areas include Transportation, Mobility Services, Parking Solutions and Valet Assistance. Its legal entity in India is Careodrive Financials Private Limited (U67100WB2016PTC215827). Its competitors include Parkzap, QikPark and iParko; 1 of its 3 listed competitors has raised funding.
Company details
CareODrive provides a parking and valet assistance app for users through providing transportation services, mobility services, offering parking solutions, and valet assistance. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Kolkata, India
- Founders Namit Mahuvakar, Dinesh Agarwal, Abhishek Jhunjhunwala
- SectorsBusiness Services
- Website careodrive.com
- Legal Name Careodrive Financials Private Limited
- Date of Incorporation 20 May, 2016
- Jurisdiction North Twenty Four Pargans, West Bengal, India
- Annual Revenue₹35,628
FY 2021 · -11% YoY
- Net Loss-₹2,540
FY 2021 · -7% margin
- EBITDA-₹2,540
FY 2021 · -7% margin
Associated legal entities of CareODrive
CareODrive operates through Careodrive Financials Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Careodrive Financials Private Limited CIN U67100WB2016PTC215827 | Active | 20 May 2016 | North 24 Parganas, West Bengal | ₹0.0 Cr | 2 | View details |
Board of directors of Careodrive Financials Private Limited (CareODrive)
Careodrive Financials Private Limited is the primary company behind CareODrive. The board of Careodrive Financials Private Limited currently have 2 directors; the longest-serving is Anuradha Kumari Pandey, appointed in 2020. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anuradha Kumari Pandey DIN 08785028 | Director | 15 Jul 2020 | 6 yrs 3 mo | Careodrive Financials Private Limited |
| Ritik Raj DIN 09667819 | Director | 14 Nov 2022 | 3 yrs 11 mo | Careodrive Financials Private Limited |
People of CareODrive
3 people are tracked at CareODrive (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Dinesh Agarwal | Co-Founder | Leadership |
| Co-Founder | Leadership |
Complete people profiles for CareODrive
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of CareODrive
Figures of Careodrive Financials Private Limited, the primary company behind CareODrive, for FY 2021. Revenue was ₹35,628 (-11% year on year). Net loss was -₹2,540 (-7% margin). EBITDA was -₹2,540 (-7% margin). Revenue has grown at a compounded annual rate of +44% over three years.
- ₹35,628Revenue · FY 2021 · -11% YoY
- -₹2,540Net loss · -7% margin
- -₹2,540EBITDA · -7% margin
- ₹1 LakhPaid-up capital
- +44%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Careodrive Financials Private Limited are on its company page.
Detailed financial statements for CareODrive
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Competitors of CareODrive
CareODrive has 3 listed competitors in our database, 1 of them funded. They include Parkzap, QikPark and iParko.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| parkzap.com | 2015 | Gurugram, India | $40,468 | 17 | Parking spaces are discovered and booked via an online marketplace. | |
| qikpark.in | 2014 | Bengaluru, India | QikPark is a mobile app for locating and managing parking spaces efficiently. | |||
| iparko.com | 2016 | Chennai, India | An app-based platform for locating and managing parking spots efficiently. |
Detailed competitors of CareODrive
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Parking Services
2 companies that operate in the same segment as CareODrive (Parking Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based platform providing a real-time parking marketplace for consumers and businesses. | 2015 | Bengaluru, Karnataka, India | USD 135.41 K | USD 76.2 K | ||
Delivers smart parking solutions for efficient urban management. | 2003 | Bengaluru, Karnataka, India | USD 6.46 M | USD 1.93 M | 228 |
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Frequently Asked Questions about CareODrive
CareODrive was founded in 2016.
CareODrive is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
The primary company behind CareODrive, Careodrive Financials Private Limited, reported revenue of ₹35,628 for FY 2021, down 11% year on year.
CareODrive provides a parking and valet assistance app for users through providing transportation services, mobility services, offering parking solutions, and valet assistance. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
CareODrive operates through Careodrive Financials Private Limited.
The legal entities of CareODrive currently have 2 directors, including Ritik Raj, Anuradha Kumari Pandey.