About Cyacle Bikeshare
Cyacle Bikeshare is a company based in Abu Dhabi (United Arab Emirates) founded in 2015 by Hani Akasha and Mohamed Kamran Tabassu was acquired by Careem in May 2019.. Cyacle Bikeshare operates in a competitive market with competitors including nextbike, VAIMOO and EJARII, among others.
- Headquarter Abu Dhabi, United Arab Emirates
- Founders Hani Akasha, Mohamed Kamran Tabassu
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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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Funding Insights of Cyacle Bikeshare
| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Cyacle Bikeshare
Cyacle Bikeshare has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Careem. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Rides and deliveries are facilitated via a mobile app platform.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Cyacle Bikeshare
| 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 - Cyacle Bikeshare
| 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 |
Cyacle Bikeshare Comparisons
Competitors of Cyacle Bikeshare
Cyacle Bikeshare 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 nextbike, VAIMOO and EJARII, 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 |
End-to-end solutions for bicycle sharing
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| domain | founded_year | HQ Location |
End-to-end SaaS platform for micromobility fleet management is provided.
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| domain | founded_year | HQ Location |
Operates an online portal for renting electric scooters.
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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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Frequently Asked Questions about Cyacle Bikeshare
When was Cyacle Bikeshare founded?
Cyacle Bikeshare was founded in 2015.
Where is Cyacle Bikeshare located?
Cyacle Bikeshare is headquartered in Abu Dhabi, United Arab Emirates. It is registered at Abu Dhabi, Abu Dhabi, United Arab Emirates.
What does Cyacle Bikeshare do?
Cyacle Bikeshare is a bicycle rental service in Abu Dhabi, owned and operated by Cyacle. The service is supported by Abu Dhabi Commercial Bank. Operates the service with over 325 bicycles from 50 stations in Abu Dhabi. Users can join the scheme, rent the bicycles and return them to the stations after the ride. Provides 1 day and 3 day passes for casual users and monthly and yearly memberships for regular users.
Who are the top competitors of Cyacle Bikeshare?
Who are Cyacle Bikeshare's investors?
Cyacle Bikeshare has 1 investor. Key investors include Careem.
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