About Drivado
Drivado is a Transportation, Automotive & Logistics company based in Kolkata (India) founded in 2017. It offers comprehensive car rental services for convenient transportation needs. It operates on a B2C model. Its Indian entity Drivado Transfers Private Limited reported revenue of ₹45.74 Cr. Its focus areas include Transportation, Rental Services, Car Rental and Service Solutions.
Company details
Drivado, based in Kolkata, focuses on providing transportation services, providing rental services, car rental, and service solutions. Offers comprehensive car rental services for convenient transportation needs. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Kolkata, India
- SectorsTransportation, Automotive & Logistics
- Website drivado.com
- Social Facebook
- Legal Name Drivado Transfers Private Limited
- Date of Incorporation 02 Jun, 2011
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹45.74 Cr
FY 2024 · +109% YoY
- Net Profit₹6.64 Cr
FY 2024 · 15% margin
- EBITDA₹9.07 Cr
FY 2024 · 20% margin
Associated legal entities of Drivado
Drivado operates through Drivado Transfers Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Drivado Transfers Private Limited CIN U63040WB2011PTC163301 | Active | 02 Jun 2011 | Kolkata, West Bengal | ₹45.7 Cr | 3 | View details |
Board of directors of Drivado Transfers Private Limited (Drivado)
Drivado Transfers Private Limited is the primary company behind Drivado. The board of Drivado Transfers Private Limited currently have 3 directors; the longest-serving is Ritesh Bhuwania, appointed in 2011. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ritesh Bhuwania DIN 03510839 | Director | 02 Jun 2011 | 15 yrs 4 mo | Drivado Transfers Private Limited |
| Abhishek Bhuwania DIN 03510827 | Director | 02 Jun 2011 | 15 yrs 4 mo | Drivado Transfers Private Limited |
| Rahul Bhuwania DIN 03510831 | Director | 31 May 2018 | 8 yrs 5 mo | Drivado Transfers Private Limited |
Financials of Drivado
Figures of Drivado Transfers Private Limited, the primary company behind Drivado, for FY 2024. Revenue was ₹45.74 Cr (+109% year on year). Net profit was ₹6.64 Cr (15% margin). EBITDA was ₹9.07 Cr (20% margin). Revenue has grown at a compounded annual rate of +330% over three years and +108% over five years.
- ₹45.74 CrRevenue · FY 2024 · +109% YoY
- ₹6.64 CrNet profit · 15% margin
- ₹9.07 CrEBITDA · 20% margin
- ₹26.5 LakhPaid-up capital
- +330%Revenue CAGR, 3 years
- +108%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Drivado Transfers Private Limited are on its company page.
Detailed financial statements for Drivado
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Web traffic of Drivado
The website of Drivado (drivado.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▲ 4% vs previous month
Top companies in Car Rentals
3 companies that operate in the same segment as Drivado (Car Rentals) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Car rental and transportation services are provided for diverse needs. | 1996 | Delhi, Delhi, India | USD 86.12 M | 950 | ||
Offers self-drive car rentals across South India with doorstep delivery and subscriptions. | 2018 | Ernakulam, Kerala, India | USD 329.22 M | |||
Car rental and mobility services for corporate and personal needs in India and internationally. | 1996 | Delhi, Delhi, India |
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Frequently Asked Questions about Drivado
Drivado was founded in 2017.
Drivado is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
The primary company behind Drivado, Drivado Transfers Private Limited, reported revenue of ₹45.74 Cr for FY 2024, up 109% year on year.
Drivado, based in Kolkata, focuses on providing transportation services, providing rental services, car rental, and service solutions. Offers comprehensive car rental services for convenient transportation needs. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Drivado operates through Drivado Transfers Private Limited.
The legal entities of Drivado currently have 3 directors, including Ritesh Bhuwania, Rahul Bhuwania, Abhishek Bhuwania.