About Drive Arabia
Drive Arabia is a company based in Dubai (United Arab Emirates) founded in 2004 by Mashfique Hussain Chowdhury was acquired by Dubizzle Group in May 2024.. The company has 1 employees as of July 01, 2024. Drive Arabia operates in a competitive market with competitors including Drivetribe, Bitauto, Car Throttle, ZigWheels and Youcheyihou, among others.
- Headquarter Dubai, United Arab Emirates
- Employees 1 as on 01 Jul, 2024
- Founders Mashfique Hussain Chowdhury
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Sectors
Transportation, Automotive & LogisticsMedia & Entertainment
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
1
as on Jul 01, 2024
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Acquired by
Dubizzle Group
(May 03, 2024)
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Funding Insights of Drive Arabia
| 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 |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Drive Arabia
Drive Arabia has secured backing from 1 investor. Prominent investors backing the company include Dubizzle Group. 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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Multiple industries are spanned by the diversified conglomerate's operations.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Drive Arabia
| 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 - Drive Arabia
| 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 |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Drive Arabia Comparisons
Competitors of Drive Arabia
Drive Arabia 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 Drivetribe, Bitauto, Car Throttle, ZigWheels and Youcheyihou, 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 |
Digital media platform for motoring enthusiasts
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| domain | founded_year | HQ Location |
Auto-related information is provided via an online platform.
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| domain | founded_year | HQ Location |
Community platform for auto enthusiasts
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| domain | founded_year | HQ Location |
Online portal to find new and used car deals
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| domain | founded_year | HQ Location |
Mobile app for automobile information
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| domain | founded_year | HQ Location |
Car reviews and dealer price comparisons are facilitated online.
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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 Drive Arabia
When was Drive Arabia founded?
Drive Arabia was founded in 2004.
Where is Drive Arabia located?
Drive Arabia is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Who is the current CEO of Drive Arabia?
Mashfique Hussain Chowdhury is the current CEO of Drive Arabia. They have also founded this company.
How many employees does Drive Arabia have?
As of Jul 01, 2024, the latest employee count at Drive Arabia is 1.
What does Drive Arabia do?
Drive Arabia was founded in 2004 in Dubai, United Arab Emirates, as an online platform in the automotive sector. Car models from various manufacturers are browsed and compared based on on-road prices and technical details. Additional services include a classified portal for used vehicles, auto news updates, road tests and reviews, and searches for dealerships. Operations focus on content delivery to users in the region.
Who are the top competitors of Drive Arabia?
Drive Arabia's top competitors include Drivetribe, Bitauto and ZigWheels.
Who are Drive Arabia's investors?
Drive Arabia has 1 investor. Key investors include Dubizzle Group.