Cymour

Pune, India Founded: 2013 • Age: 13 yrs
Bicycles are located, unlocked, and rented via an app-based platform.

About Cymour

Cymour is a company based in Pune (India) founded in 2013 by Aniket Mahashabde. Cymour has raised $30.86 thousand across 1 funding round from investors including 100X.VC. Cymour offers products and services including Mechanic Courses and Rider Courses. Cymour operates in a competitive market with competitors including nextbike, Mobike, MYBYK, Bycyshare Technologies and Chartered Bike, among others.

  • Headquarter Pune, India
  • Founders Aniket Mahashabde
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website cymour.com
  • Social LinkedIn X Facebook
  • Legal Name Renacle Cycling Private Limited
  • Date of Incorporation 31 Jul, 2017
  • Jurisdiction Pimpri Chinchwad, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹9.7 Lakh

    FY 2020 · +52% YoY

  • Net Loss
    -₹27.2 Lakh

    FY 2020 · -280% margin

  • EBITDA
    -₹28.7 Lakh

    FY 2020 · -295% margin

  • Total Equity Funding
    $30.86K (USD)

    in 1 rounds

  • Latest Funding Round
    $30.86K (USD), Seed

    Dec 2019

  • Investors

Products & Services of Cymour

Cymour offers a comprehensive portfolio of products and services, including Mechanic Courses and Rider Courses.

Mechanic Courses
Training Program

Certification training for bicycle maintenance and repair skills.

Rider Courses
Training Program

Courses focused on bicycle riding techniques and safety.

Funding Insights of Cymour

Cymour has successfully raised a total of $30.86K through 1 strategic funding round. The most recent funding activity was a Seed round of $30.86 thousand completed in December 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $30,859
  • Total Rounds 1
  • Last Round Seed — $30,859
  • First Round $30,859

    (Dec 2019)

  • Investors Count 1

All 1 funding rounds of Cymour with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2019$30,859Seed–100X.VC
–
Valuation history

1 investors in total: 1 institutional.

Investors in Cymour

Cymour has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 100X.VC.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Early-stage startups are funded by 100X.VC venture capital firm.
–100x.vcMumbai, India
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Investor details for Cymour

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Board of directors of Renacle Cycling Private Limited (Cymour)

Renacle Cycling Private Limited is the primary company behind Cymour. The board of Renacle Cycling Private Limited currently have 2 directors; the longest-serving is Shivram Bhimrao Arya, appointed in 2017. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Shivram Bhimrao Arya
DIN 07976893
Director01 Nov 20178 yrs 11 moRenacle Cycling Private Limited
Gaurav Chainani
DIN 08917550
Director23 Oct 20205 yrs 11 moRenacle Cycling Private Limited

People of Cymour

1 people are tracked at Cymour (1 in leadership).

NameRoleGroup
Aniket Mahashabde
FounderLeadership
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Financials of Cymour

Figures of Renacle Cycling Private Limited, the primary company behind Cymour, for FY 2020. Revenue was ₹9.7 Lakh (+52% year on year). Net loss was -₹27.2 Lakh (-280% margin). EBITDA was -₹28.7 Lakh (-295% margin).

  • ₹9.7 LakhRevenue · FY 2020 · +52% YoY
  • -₹27.2 LakhNet loss · -280% margin
  • -₹28.7 LakhEBITDA · -295% margin
  • ₹26.2 LakhPaid-up capital
  • 3Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Renacle Cycling Private Limited are on its company page.

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Detailed financial statements for Cymour

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Timeline of Cymour

2 dated milestones of Cymour across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Cymour is founded.
  2. Funding First funding round of $31K.

Competitors of Cymour

Cymour 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, Mobike, MYBYK, Bycyshare Technologies and Chartered Bike, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
nextbike.net2004Leipzig, Germany–460
End-to-end solutions for bicycle sharing
mobike.com2015Beijing, China$925M–
App-based rental platform offering bicycles
mybyk.in2014Ahmedabad, India$1.34M42
Subscription-based bicycle rentals are enabled via a mobile app.
bycysharetechnologies.tcc.mode2017Delhi, India–909
Bicycles are rented online and unlocked via QR code scans.
charteredbike.in2017Ahmedabad, India–94
Electric vehicle subscription and leasing provider for personal and commercial use
renacle.com2011Pune, India$213,5053
Online station-based bicycle rental platform
planetgreenbikes.in2016Delhi, India––
Operates a platform for eco-friendly cycle rentals.
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Detailed competitors of Cymour

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Latest news on Cymour

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Complete news archive for Cymour

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  • Full article archive
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  • Older coverage
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Similar companies to Cymour

10 companies that operate in the same segment as Cymour (Road Transport Tech), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Ride-hailing and on-demand delivery services are aggregated via mobile app.
2012Singapore, SingaporeUSD 9.09 BUSD 3.37 B11,270
An online platform providing ride-hailing and food delivery services
2009San Francisco, California, United StatesUSD 13.21 BUSD 52.02 B31,100
Ride-hailing, electric vehicles, and financial solutions are provided via app.
2010Bengaluru, Karnataka, IndiaUSD 3.84 B––
Electric kick-scooters are rented through an app-based platform.
2017Miami, Florida, United StatesUSD 765.74 M––
Operator of a bike taxi aggregation service, offering intra-city travel and first-mile, last-mile connectivity solutions
2015Bengaluru, Karnataka, IndiaUSD 813.93 MUSD 19.11 M660
Rides and deliveries are facilitated via a mobile app platform.
2012Dubai, Dubai, United Arab EmiratesUSD 771.7 M––
Electric kick-scooters are rented through an app-based platform.
2017San Francisco, California, United StatesUSD 1.71 B––
Electric ride-hailing and cab services are provided via mobile app.
2019Mumbai, Maharashtra, IndiaUSD 168.52 M––
Bus tickets are booked online via portal and mobile app.
2006Bengaluru, Karnataka, IndiaUSD 10 M––
App-based ride-hailing aggregator
2007San Francisco, California, United StatesUSD 5.02 BUSD 6.32 B2,930
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Frequently Asked Questions about Cymour

Cymour was founded in 2013 and raised its 1st funding round 6 years after it was founded.

Cymour is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Cymour is a funded company, having raised a total of $30.86K across 1 funding round to date. The company's 1st funding round was a Seed of $30.86K, raised on Dec 2019.

The primary company behind Cymour, Renacle Cycling Private Limited, reported revenue of ₹9.7 Lakh for FY 2020, up 52% year on year.

Cymour was founded in 2013 in Pune, India, as an app-based platform in the urban mobility sector. Bicycles are rented online by users who locate available bikes through the app and unlock them for use. Personal information and payment details are required from users to initiate rentals. Rentals are ended by parking bikes in designated areas and locking them securely. Operations focus on facilitating short-term bike access in urban settings.

Cymour's top competitors include nextbike, Mobike and MYBYK.

Cymour offers Mechanic Courses and Rider Courses.

Cymour has 1 investor. Key investors include 100X.VC.

Cymour operates through Renacle Cycling Private Limited.

The legal entities of Cymour currently have 2 directors, including Shivram Bhimrao Arya, Gaurav Chainani.

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