About CIAO Rides
CIAO Rides is a Transportation, Automotive & Logistics company based in Vijayawada (India) founded in 2018. It operates as a ride-sharing app for car and bike pooling in cities and outstations. It operates on a B2C and Marketplace model. Its Indian entity Ciao Rides Private Limited reported revenue of ₹1.4 Lakh. CIAO Rides offers products and services including Car Pool Service, Bike Pool Service, and Outstation Ride Service. Its focus areas include Transportation, Mobility Tech, Ride Sharing and Car and Bike Pooling. Its competitors include Humraj, Pendler, GOZYZ and Sugatix.
Company details
Ciao Rides Is A Mobile Application Developed By Ciao Rides , Providing Car And Bike Pooling Services For In-station And Outstation Rides. Established In 2018, It Facilitates Simpler, Safer Journeys By Connecting Users For Shared Rides, Reducing Traffic And Pollution While Saving Fuel And Costs. The Platform Supports Instant And Scheduled Options, Promoting Trusted Transactions And Community Building.
- Headquarters Vijayawada, India
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website ciaorides.com
- Social LinkedIn X Facebook Instagram
- Legal Name Ciao Rides Pvt Ltd
- Date of Incorporation 28 Sep, 2018
- Jurisdiction Vijayawada, Andhra Pradesh, India
- Annual Revenue₹1.4 Lakh
FY 2024
- Net Loss-₹4.2 Lakh
FY 2024 · -306% margin
- EBITDA-₹4.1 Lakh
FY 2024 · -299% margin
Associated legal entities of CIAO Rides
CIAO Rides operates through Ciao Rides Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ciao Rides Private Limited CIN U74999AP2018PTC109368 | Active | 28 Sep 2018 | Vijayawada, Andhra Pradesh | ₹0.0 Cr | – | 6 | View details |
Products & Services of CIAO Rides
CIAO Rides offers a comprehensive portfolio of products and services, including Car Pool Service, Bike Pool Service, and Outstation Ride Service.
Service for sharing car rides in urban and outstation areas.
Platform for bike pooling to support daily commuting needs.
Option for affordable shared rides beyond city limits.
Board of directors of Ciao Rides Private Limited (CIAO Rides)
Ciao Rides Private Limited is the primary company behind CIAO Rides. The board of Ciao Rides Private Limited currently have 6 directors; the longest-serving is Prakash Kumar Dasari, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prakash Kumar Dasari DIN 06814850 | Director | 28 Sep 2018 | 8 yrs | Ciao Rides Private Limited |
| Annapurna Dasari DIN 08206786 | Director | 28 Sep 2018 | 8 yrs | Ciao Rides Private Limited |
| Rajesh Kumar Kanakavalli DIN 09815685 | Director | 08 Dec 2022 | 3 yrs 10 mo | Ciao Rides Private Limited |
| Dheeraja Bandela DIN 09815671 | Director | 08 Dec 2022 | 3 yrs 10 mo | Ciao Rides Private Limited |
| Chinni Vazram Kanakavalli DIN 09815668 | Director | 08 Dec 2022 | 3 yrs 10 mo | Ciao Rides Private Limited |
| Sai Tulasi Movva DIN 09815605 | Director | 08 Dec 2022 | 3 yrs 10 mo | Ciao Rides Private Limited |
Financials of CIAO Rides
Figures of Ciao Rides Private Limited, the primary company behind CIAO Rides, for FY 2024. Revenue was ₹1.4 Lakh. Net loss was -₹4.2 Lakh (-306% margin). EBITDA was -₹4.1 Lakh (-299% margin). Revenue has grown at a compounded annual rate of +7% over five years.
- ₹1.4 LakhRevenue · FY 2024
- -₹4.2 LakhNet loss · -306% margin
- -₹4.1 LakhEBITDA · -299% margin
- ₹1 LakhPaid-up capital
- +7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ciao Rides Private Limited are on its company page.
Detailed financial statements for CIAO Rides
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Competitors of CIAO Rides
CIAO Rides has 4 listed competitors in our database. They include Humraj, Pendler, GOZYZ and Sugatix, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| humraj.com | 2018 | Jaipur, India | – | – | Offers an online platform for multi-category vehicle pooling and sharing services. | |
| pendler.co.in | 2023 | Hyderabad, India | – | 1 | Offers comprehensive multi-vehicle pooling solutions for efficient transportation. | |
| gozyz.com | 2019 | Kozhikode, India | – | – | Provides an app-based platform for multi-category vehicle pooling. | |
| sugatix.com | 2020 | Gurugram, India | – | – | Operates an online platform for car and bike pooling services. |
Detailed competitors of CIAO Rides
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- Full competitor set
- Operating metrics
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Top companies in Public & Shared Mobility
10 companies that operate in the same segment as CIAO Rides (Public & Shared Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bus services are operated across regions from Scotland. | 1995 | Aberdeen, Scotland, United Kingdom | – | USD 6.29 B | 35,720 | |
Multi-category news is delivered via an online government platform. | 1971 | United States | – | – | – | |
Bus and passenger rail services are operated in New Jersey. | 1979 | Newark, New Jersey, United States | – | – | – | |
Twisto is operated as the public transportation provider for Caen la mer. | 1977 | Caen, France | USD 5.87 M | – | – | |
Public bus transportation services are operated in Spain by TMB. | 1979 | Spain | – | – | – | |
Express and local bus services are operated across the UK. | 1980 | Stockport, Greater Manchester, United Kingdom | – | – | – | |
Dallas Area Rapid Transit is operated as a public transit provider in North Texas. | 1983 | United States | – | – | – | |
Public transit services are provided by MARTA in Atlanta. | 1979 | United States | – | – | – | |
Public transportation services are operated in Austin. | 1985 | Austin, Texas, United States | – | – | – | |
Public transportation services are provided in Houston's metropolitan area. | 2000 | Houston, Texas, United States | – | – | – |
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Frequently Asked Questions about CIAO Rides
CIAO Rides was founded in 2018.
CIAO Rides is headquartered in Vijayawada, India. It is registered at Vijayawada, Andhra Pradesh, India.
The primary company behind CIAO Rides, Ciao Rides Private Limited, reported revenue of ₹1.4 Lakh for FY 2024.
Ciao Rides Is A Mobile Application Developed By Ciao Rides , Providing Car And Bike Pooling Services For In-station And Outstation Rides. Established In 2018, It Facilitates Simpler, Safer Journeys By Connecting Users For Shared Rides, Reducing Traffic And Pollution While Saving Fuel And Costs. The Platform Supports Instant And Scheduled Options, Promoting Trusted Transactions And Community Building.
CIAO Rides offers Car Pool Service, Bike Pool Service, and Outstation Ride Service.
CIAO Rides operates through Ciao Rides Private Limited.
The legal entities of CIAO Rides currently have 6 directors, including Prakash Kumar Dasari, Rajesh Kumar Kanakavalli, Dheeraja Bandela and others.