About Cycle On Rent
Cycle On Rent is a Consumer company based in Mumbai (India) founded in 2016. It offers bicycle rentals, sales, repairs, and doorstep delivery services. It operates on a D2C and B2C model in Consumer and Transportation, Automotive & Logistics sectors. Its Indian entity Legisttech Solutions Private Limited reported revenue of ₹6.9 Lakh. Cycle On Rent offers products and services including Cycle Rental Service, Cycle Repair Service, and Bicycle Sales. Its focus areas include Leisure Tech, Recreational Services, Repair and Maintenance and Transportation Tech. Its competitors include nextbike, Mobike, MYBYK, Bycyshare Technologies and Chartered Bike and 3 more; 4 of its 8 listed competitors have raised funding.
Company details
Cycle On Rent operates an online platform for renting and selling various bicycles, including kids, city, BMX, hybrid, MTB, road, and sport types. It offers affordable plans starting at 100 per day, with monthly options and doorstep delivery and pickup facilities. The service includes repair options at customers locations, ensuring easy access. Users can book through the website or app, and contact support for assistance, focusing on hassle-free experiences for individuals seeking leisure or daily mobility.
- Headquarters Mumbai, India
- SectorsConsumerTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website cycleonrent.com
- Legal Name Legisttech Solutions Private Limited
- Date of Incorporation 01 Oct, 2018
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹6.9 Lakh
FY 2023 · +80% YoY
- Net Loss-₹10.1 Lakh
FY 2023 · -146% margin
- EBITDA-₹9.8 Lakh
FY 2023 · -142% margin
Associated legal entities of Cycle On Rent
Cycle On Rent operates through Legisttech Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Legisttech Solutions Private Limited CIN U74999MH2018PTC315153 | Active | 01 Oct 2018 | Mumbai, Maharashtra | ₹0.1 Cr | – | 2 | View details |
Products & Services of Cycle On Rent
Cycle On Rent offers a comprehensive portfolio of products and services, including Cycle Rental Service, Cycle Repair Service, and Bicycle Sales.
Platform for booking bicycles with doorstep delivery and pickup.
On-demand repairs delivered to customers' doorsteps.
Online sales of new and pre-used bicycles like hybrid and MTB.
Board of directors of Legisttech Solutions Private Limited (Cycle On Rent)
Legisttech Solutions Private Limited is the primary company behind Cycle On Rent. The board of Legisttech Solutions Private Limited currently have 2 directors; the longest-serving is Asis Kumar Panigrahi, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Asis Kumar Panigrahi DIN 08245943 | Director | 01 Oct 2018 | 8 yrs | Legisttech Solutions Private Limited |
| Deepa Panigrahi DIN 08245944 | Director | 01 Oct 2018 | 8 yrs | Legisttech Solutions Private Limited |
Financials of Cycle On Rent
Figures of Legisttech Solutions Private Limited, the primary company behind Cycle On Rent, for FY 2023. Revenue was ₹6.9 Lakh (+80% year on year). Net loss was -₹10.1 Lakh (-146% margin). EBITDA was -₹9.8 Lakh (-142% margin). Revenue has grown at a compounded annual rate of +202% over three years.
- ₹6.9 LakhRevenue · FY 2023 · +80% YoY
- -₹10.1 LakhNet loss · -146% margin
- -₹9.8 LakhEBITDA · -142% margin
- ₹1 LakhPaid-up capital
- +202%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Legisttech Solutions Private Limited are on its company page.
Detailed financial statements for Cycle On Rent
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.
Competitors of Cycle On Rent
Cycle On Rent has 8 listed competitors in our database, 4 of them funded. They include nextbike, Mobike, MYBYK, Bycyshare Technologies and Chartered Bike, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nextbike.net | 2004 | Leipzig, Germany | – | 460 | End-to-end solutions for bicycle sharing | |
| mobike.com | 2015 | Beijing, China | $925M | – | App-based rental platform offering bicycles | |
| mybyk.in | 2014 | Ahmedabad, India | $1.34M | 42 | Subscription-based bicycle rentals are enabled via a mobile app. | |
| bycysharetechnologies.tcc.mode | 2017 | Delhi, India | – | 909 | Bicycles are rented online and unlocked via QR code scans. | |
| charteredbike.in | 2017 | Ahmedabad, India | – | 94 | Electric vehicle subscription and leasing provider for personal and commercial use | |
| cymour.com | 2013 | Pune, India | $30,859 | 3 | Bicycles are located, unlocked, and rented via an app-based platform. | |
| renacle.com | 2011 | Pune, India | $213,505 | 3 | Online station-based bicycle rental platform | |
| planetgreenbikes.in | 2016 | Delhi, India | – | – | Operates a platform for eco-friendly cycle rentals. |
Detailed competitors of Cycle On Rent
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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Verified entity values are shown only after access is granted.
Top companies in Amusement & Leisure Equipment
10 companies that operate in the same segment as Cycle On Rent (Amusement & Leisure Equipment), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Jump Inc is recognized for operating trampoline and adventure parks across the UK. | 2015 | Rotherham, England, United Kingdom | – | – | 81 | |
Offers 3D sports simulations like bowling and pool games for entertainment. | 2006 | Pune, Maharashtra, India | – | – | – | |
Indoor complex leisure facility centers are operated by Round One. | 1980 | Osaka, Osaka Prefecture, Japan | – | USD 1.19 B | 2,210 | |
Electronic gaming equipment for casinos is designed, manufactured, and marketed. | 2004 | Boothwyn, Pennsylvania, United States | USD 20.52 M | USD 7.01 M | 9 | |
Redemption merchandise and technology solutions are supplied to amusement facilities. | 1986 | Lakewood Township, New Jersey, United States | – | – | – | |
Event management services are provided by QubicaAMF since 1993. | 1993 | Bologna, Emilia-romagna, Italy | – | – | – | |
Trampoline parks are owned and operated across the UK. | 2015 | Elstree, Hertfordshire, United Kingdom | USD 833.2 K | – | – | |
Premier vending and amusement company for bars, nightclubs, movie theaters | 2018 | Austin, Texas, United States | – | – | – | |
Amusement park equipment is supplied and installed for various clients. | 2018 | Wakefield, United Kingdom | – | – | 1 | |
Provider of gaming, entertainment, theme park, mobility, and storage solutions | 2021 | Orlando, Florida, United States | – | – | – |
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Frequently Asked Questions about Cycle On Rent
Cycle On Rent was founded in 2016.
Cycle On Rent is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Cycle On Rent, Legisttech Solutions Private Limited, reported revenue of ₹6.9 Lakh for FY 2023, up 80% year on year.
Cycle On Rent operates an online platform for renting and selling various bicycles, including kids, city, BMX, hybrid, MTB, road, and sport types. It offers affordable plans starting at 100 per day, with monthly options and doorstep delivery and pickup facilities. The service includes repair options at customers locations, ensuring easy access. Users can book through the website or app, and contact support for assistance, focusing on hassle-free experiences for individuals seeking leisure or daily mobility.
Cycle On Rent offers Cycle Rental Service, Cycle Repair Service, and Bicycle Sales.
Cycle On Rent operates through Legisttech Solutions Private Limited.
The legal entities of Cycle On Rent currently have 2 directors, including Asis Kumar Panigrahi, Deepa Panigrahi.