Cyrrup

Hyderabad, India Founded: 2015 • Age: 11 yrs
Fleet telematics solutions for vehicle tracking and diagnostics are provided.

About Cyrrup

Cyrrup is a company based in Hyderabad (India) founded in 2015 by Swadhin Sonowal.. Cyrrup has raised $212.59 thousand across 3 funding rounds from investors including T-Hub, ONGC and ONGC. Cyrrup offers products and services including Vehicle BlackBox, Diesel Eye, and Smart Fleet Management. Cyrrup operates in a competitive market with competitors including Samsara, Radius, Lytx, GreenRoad and EquipmentShare, among others.

  • Headquarter Hyderabad, India
  • Founders Swadhin Sonowal
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Technology Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cyrrup Solutions Private Limited
  • Date of Incorporation 23 Aug, 2017
  • Jurisdiction Serilingampally Ranga Reddy District, Telangana, India
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Technology → Internet of Things (IoT) & Connectivity
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Key Metrics
  • Annual Revenue
    $24.1 K (USD)
    -2.1
    as on Mar 31, 2023
  • Net Profit
    $-61.21 K (USD)
    -20.86
    as on Mar 31, 2023
  • EBITDA
    $-78.83 K (USD)
    29.38
    as on Mar 31, 2023
  • Total Equity Funding
    $212.59 K (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
    T-Hub

    & 3 more

  • Employee Count
    Employee Count
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Products & Services of Cyrrup

Cyrrup offers a comprehensive portfolio of products and services, including Vehicle BlackBox, Diesel Eye, and Smart Fleet Management. 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.

Primary

Monitors vehicle performance and driving habits to enhance safety standards.

Tracks fuel levels and reports theft via mobile app.

Manages driver data, trips, and vehicles for improved efficiency.

Funding Insights of Cyrrup

Cyrrup has successfully raised a total of $212.59K across 3 strategic funding rounds. 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
  • Total Rounds 3
  • Last Round
  • First Round

    (04 Feb 2019)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2023 Amount Grant - Cyrrup Valuation

investors

Apr, 2021 Amount Seed - Cyrrup Valuation ONGC , ONGC
Feb, 2019 Amount Seed - Cyrrup Valuation SINE
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Cyrrup

Cyrrup has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include T-Hub, ONGC and ONGC. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Sector-agnostic startups are accelerated by SINE, backed by IIT Bombay.
Founded Year Domain Location
Innovation hub connecting startups, corporates, and partners in technology and ecosystem development.
Founded Year Domain Location
Provider of crude oil & natural gas exploration and production services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Cyrrup

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Cyrrup

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cyrrup Comparisons

Employees
+
Add Comparison
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Competitors of Cyrrup

Cyrrup 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 Samsara, Radius, Lytx, GreenRoad and EquipmentShare, 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
domain founded_year HQ Location
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
domain founded_year HQ Location
Predictive marketing and sales platform
domain founded_year HQ Location
Provider of video telematics and fleet management solutions
domain founded_year HQ Location
Fleet telematics and management solutions for safe driving are provided.
domain founded_year HQ Location
Equipment rental marketplace and digital tools for construction are offered.
domain founded_year HQ Location
SaaS-enabled solutions for fleet and field service management are offered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cyrrup

Frequently Asked Questions about Cyrrup

When was Cyrrup founded?

Cyrrup was founded in 2015 and raised its 1st funding round 4 years after it was founded.

Where is Cyrrup located?

Cyrrup is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Is Cyrrup a funded company?

Cyrrup is a funded company, having raised a total of $212.59K across 3 funding rounds to date. The company's 1st funding round was a Seed of $13.98K, raised on Feb 04, 2019.

What is the annual revenue of Cyrrup?

Annual revenue of Cyrrup is $24.1K as on Mar 31, 2023.

What does Cyrrup do?

Cyrrup was founded in 2015 in Hyderabad, India, and operates in the telematics sector. Devices for notifications, vehicle tracking, diagnostics, and surveillance systems are developed. Emergency services for healthcare and personal safety are offered, with options for customization such as reminders and live tracking. Fleet management solutions are tailored for various operational needs.

Who are the top competitors of Cyrrup?

Cyrrup's top competitors include Samsara, Radius and EquipmentShare.

What products or services does Cyrrup offer?

Cyrrup offers Vehicle BlackBox, Diesel Eye, and Smart Fleet Management.

Who are Cyrrup's investors?

Cyrrup has 4 investors. Key investors include T-Hub, ONGC, ONGC, and SINE.

What is Cyrrup's valuation?

The valuation of Cyrrup is $1.53M as of Apr 2021.

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