About Drive Train
Drive Train is a company based in Bengaluru (India) founded in 2021 by Saurav Bhagat and Tarkeshwar Thakur. Drive Train has raised $15 million across 2 funding rounds from investors including Venture Highway VC, Elevation Capital and Jungle Ventures. The company has 42 employees as of April 06, 2024. Drive Train offers products and services including Financial Consolidation, Cashflow Forecasting, Revenue Planning, and Headcount Planning. Drive Train operates in a competitive market with competitors including Incorta, OneStream Software, insightsoftware, Fluence Technologies and Binocs, among others.
- Headquarter Bengaluru, India
- Employees 42 as on 06 Apr, 2024
- Founders Saurav Bhagat, Tarkeshwar Thakur
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Drivetrain Ai Technologies Private Limited
- Date of Incorporation 23 Mar, 2021
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$1.62 M (USD)127.72as on Mar 31, 2023
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Net Profit
$140.89 K (USD)143.98as on Mar 31, 2023
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EBITDA
$257.25 K (USD)124.91as on Mar 31, 2023
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Total Equity Funding
$15 M (USD)
in 2 rounds
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Latest Funding Round
$15 M (USD), Series A
Oct 18, 2022
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Investors
Venture Highway VC
& 10 more
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Employee Count
42
as on Apr 06, 2024
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Products & Services of Drive Train
Drive Train offers a comprehensive portfolio of products and services, including Financial Consolidation, Cashflow Forecasting, Revenue Planning, and Headcount Planning.
Tool for faster data consolidation across ERPs and currencies.
Platform for managing working capital and cost insights.
Aligns finance and sales for predictable revenue growth.
Automates employee roster and hiring impact analysis.
People of Drive Train
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Funding Insights of Drive Train
Drive Train has successfully raised a total of $15M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in October 2022. 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.
Investors in Drive Train
Drive Train has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include Venture Highway VC, Elevation Capital and Jungle Ventures.
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Elevation Capital is focused on early-stage tech investments in India.
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Venture capital investments in early and growth-stage companies across Southeast Asia and India, focusing on technology sectors.
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Early-stage investments are made in fintech, retail, and healthtech sectors.
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Investor details for Drive Train
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Investments & Acquisitions by Drive Train
Investment portfolio details for Drive Train
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- Transaction dates
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Financial Statements - Drive Train
Detailed financials for Drive Train
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Drive Train Comparisons
Peer comparison for Drive Train
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- Named peers
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Competitors of Drive Train
Drive Train 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 Incorta, OneStream Software, insightsoftware, Fluence Technologies and Binocs, among others.
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AI-based business intelligence platform is provided for real-time data analytics.
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Enterprise finance management solutions are provided by OneStream Software.
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Financial reporting and performance management solutions are provided for businesses.
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Cloud-based financial data analytics and management solutions are offered.
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Gen AI powered document analyzer and loan monitoring system
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Realtime benchmarks on e-commerce performance data are delivered via dashboard.
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Detailed competitors of Drive Train
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Drive Train
Complete news archive for Drive Train
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Frequently Asked Questions about Drive Train
Drive Train was founded in 2021.
Drive Train is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Drive Train is a funded company, having raised a total of $15M across 2 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Drive Train is 42.
Annual revenue of Drive Train is $1.62M as on Mar 31, 2023.
Provider of AI-native business planning platform. It offers solutions for financial analytics, SaaS metrics, investor reporting, insights, revenue and expense analytics, cost management, and more. It also offers solutions for budgeting.
Drive Train's top competitors include Incorta, OneStream Software and Binocs.
Drive Train offers Financial Consolidation, Cashflow Forecasting, Revenue Planning, and Headcount Planning.
Drive Train has 11 investors. Key investors include Venture Highway VC, Elevation Capital, Jungle Ventures, Akshay Kothari, and Khadim Batti.