About drivebuddyAI
drivebuddyAI is a company based in Ahmedabad (India) founded in 2018.. The company has 20 employees as of April 07, 2024. drivebuddyAI offers products and services including DriveBuddyAI Platform. drivebuddyAI operates in a competitive market with competitors including GreenRoad, Nauto, Safe Fleet, Zendrive and COYOTE, among others.
- Headquarter Ahmedabad, India
- Employees 20 as on 07 Apr, 2024
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Sectors
TechnologyTransportation, Automotive & Logistics
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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 Nervanik Ai Labs Private Limited
- Date of Incorporation 12 Jun, 2018
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$15.2 K (USD)-4.48as on Mar 31, 2023
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Net Profit
$-685.34 K (USD)-286.14as on Mar 31, 2023
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EBITDA
$-550.28 K (USD)-255.31as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
20
as on Apr 07, 2024
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Products & Services of drivebuddyAI
drivebuddyAI offers a comprehensive portfolio of products and services, including DriveBuddyAI Platform. 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.
AI system monitors driving behavior and reduces fleet risks.
Funding Insights of drivebuddyAI
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2021 | Amount | Seed - drivebuddyAI | Valuation | Roadzen |
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| 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 drivebuddyAI
drivebuddyAI has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Roadzen. 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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AI-based software suite is provided for auto insurance 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 drivebuddyAI
| 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 - drivebuddyAI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Drivebuddyai Comparisons
Competitors of drivebuddyAI
drivebuddyAI 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 GreenRoad, Nauto, Safe Fleet, Zendrive and COYOTE, 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 |
Fleet telematics and management solutions for safe driving are provided.
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| domain | founded_year | HQ Location |
AI-enabled driver monitoring and fleet safety management solutions
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| domain | founded_year | HQ Location |
Fleet safety management products are developed for transportation.
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| domain | founded_year | HQ Location |
AI-enabled platform offering driver behavior monitoring and analysis solutions
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| domain | founded_year | HQ Location |
Integrated solutions for fleet management and vehicle tracking
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| domain | founded_year | HQ Location |
Driver risk is managed via video recording and sensor analysis.
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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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Latest news on Drivebuddyai
Frequently Asked Questions about drivebuddyAI
When was drivebuddyAI founded?
drivebuddyAI was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is drivebuddyAI located?
drivebuddyAI is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
How many employees does drivebuddyAI have?
As of Apr 07, 2024, the latest employee count at drivebuddyAI is 20.
What is the annual revenue of drivebuddyAI?
Annual revenue of drivebuddyAI is $15.2K as on Mar 31, 2023.
What does drivebuddyAI do?
DriveBuddyAI was founded in 2018 in Ahmedabad, India, within the AI and SaaS sector focused on transportation safety. Driver and fleet management solutions are delivered through a platform that includes contextual behavioral alerts, risk assessment ratings, and fleet safety data analytics. On-demand data assistance is also supplied to insurers, supporting operational risk mitigation across fleets.
Who are the top competitors of drivebuddyAI?
drivebuddyAI's top competitors include Nauto, GreenRoad and Brightmile.
What products or services does drivebuddyAI offer?
drivebuddyAI offers DriveBuddyAI Platform.
Who are drivebuddyAI's investors?
drivebuddyAI has 1 investor. Key investors include Roadzen.
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