About COCO Rides
COCO Rides is a company based in Bengaluru (India) founded in 2017. It operates as a B2B. The company has 354 employees as of March 31, 2024. COCO Rides offers products and services including COCO Shuttle, COCO Cab, and COCO Auto. COCO Rides operates in a competitive market with competitors including TrustPool, GetToWork, Employee Comfort Pool Program, Taxi Of India and Easy2Commute, among others.
- Headquarter Bengaluru, India
- Employees 354 as on 31 Mar, 2024
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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 Nivaata Systems Private Limited
- Date of Incorporation 23 Nov, 2007
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$13.57 M (USD)61.85as on Mar 31, 2024
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Net Profit
$-79.44 K (USD)89.78as on Mar 31, 2024
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EBITDA
$337.62 K (USD)147.52as on Mar 31, 2024
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Latest Funding Round
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Investors
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Employee Count
354
as on Mar 31, 2024
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Products & Services of COCO Rides
COCO Rides offers a comprehensive portfolio of products and services, including COCO Shuttle, COCO Cab, and COCO Auto. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Shuttle for reliable office commutes in Bengaluru
Taxi for predictable corporate commuting options
Auto for affordable short-distance office rides
Funding Insights of COCO Rides
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by COCO Rides
| 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 - COCO Rides
| 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 |
Coco Rides Comparisons
Competitors of COCO Rides
COCO Rides 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 TrustPool, GetToWork, Employee Comfort Pool Program, Taxi Of India and Easy2Commute, 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 |
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| domain | founded_year | HQ Location |
Online carpooling services for corporate employees are enabled.
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| domain | founded_year | HQ Location |
Operates an app-based taxi service specialized in office commutes for convenient daily travel.
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| domain | founded_year | HQ Location |
Offers an online platform and app for organizational carpooling.
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| domain | founded_year | HQ Location |
Operates an online platform for B2B subscription-based ride-hailing services.
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| domain | founded_year | HQ Location |
Offers an online booking platform for corporate carpooling services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Coco Rides
Frequently Asked Questions about COCO Rides
When was COCO Rides founded?
COCO Rides was founded in 2017.
Where is COCO Rides located?
COCO Rides is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
How many employees does COCO Rides have?
As of Mar 31, 2024, the latest employee count at COCO Rides is 354.
What is the annual revenue of COCO Rides?
Annual revenue of COCO Rides is $13.57M as on Mar 31, 2024.
What does COCO Rides do?
COCO Rides provides reliable shared rides for office commutes, targeting employees of business parks like Ecoworld and Embassy Tech Village in Bengaluru. It uses AI to pool commuters with similar routes, ensuring affordable pricing and on-time arrivals. Services include COCO Shuttle, COCO Cab, and COCO Auto, with features like no surge pricing and easy booking through an app.
Who are the top competitors of COCO Rides?
COCO Rides's top competitors include GetToWork, TrustPool and Easy2Commute.
What products or services does COCO Rides offer?
COCO Rides offers COCO Shuttle, COCO Cab, and COCO Auto.