About DriveKool
DriveKool is a Business Services company based in Bengaluru (India) founded in 2014 by Dhananjay Kumar. It operates as a driving schools are searched and booked via an online platform. DriveKool has raised $56.7 thousand across 1 funding round from investors including Aavya Ventures. DriveKool was last valued at $868.22 thousand in November 2016. Its Indian entity Drivology Solutions Private Limited reported revenue of ₹75.5 Lakh. Its focus areas include Consumer, Local Services, Auto Services and Driving Schools. Its competitors include DrivePlus and TurtleDrive.
Company details
DriveKool was founded in 2014 in Bengaluru, India, as an online platform in the education and mobility sector. Driving schools are listed for users to search and filter by parameters such as location and services. Ratings are displayed for review, and slots are booked directly through the system. Operations focus on facilitating access to driving instruction across India.
- Headquarters Bengaluru, India
- Founders Dhananjay Kumar
- SectorsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website drivekool.com
- Social LinkedIn X Facebook
- Legal Name Drivology Solutions Private Limited
- Date of Incorporation 01 Jan, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹75.5 Lakh
FY 2022 · +2250% YoY
- Net Profit₹3.9 Lakh
FY 2022 · 5% margin
- EBITDA₹4.7 Lakh
FY 2022 · 6% margin
- Total Equity Funding$56.7K (USD)
in 1 rounds
- Latest Funding Round$56.7K (USD), Seed
Nov 2016
Associated legal entities of DriveKool
DriveKool operates through Drivology Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Drivology Solutions Private Limited CIN U72200KA2016PTC085075 | Active | 01 Jan 2016 | Bangalore, Karnataka | ₹0.8 Cr | – | 2 | View details |
Funding Insights of DriveKool
DriveKool has successfully raised a total of $56.7K through 1 strategic funding round. The most recent funding activity was a Seed round of $56.7 thousand completed in November 2016. 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 $56,700
- Total Rounds 1
- Last Round Seed — $56,700
- First Round $56,700
(Nov 2016)
- Investors Count 1
All 1 funding rounds of DriveKool with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2016 | $56,700 | Seed | $868,219 | Aavya Ventures | – |
Last known valuation $868,219 (Nov 2016). 1 investors in total: 1 institutional.
Investors in DriveKool
DriveKool has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Aavya Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | aavyaventures.tcc.mode | - |
Investor details for DriveKool
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Drivology Solutions Private Limited (DriveKool)
Drivology Solutions Private Limited is the primary company behind DriveKool. The board of Drivology Solutions Private Limited currently have 2 directors; the longest-serving is Kumar Gaurav, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kumar Gaurav DIN 07240816 | Director | 01 Jan 2016 | 10 yrs 9 mo | Drivology Solutions Private Limited |
| Dhananjay Kumar DIN 07691330 | Director | 07 Jun 2018 | 8 yrs 4 mo | Drivology Solutions Private Limited |
People of DriveKool
1 people are tracked at DriveKool (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for DriveKool
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of DriveKool
Figures of Drivology Solutions Private Limited, the primary company behind DriveKool, for FY 2022. Revenue was ₹75.5 Lakh (+2250% year on year). Net profit was ₹3.9 Lakh (5% margin). EBITDA was ₹4.7 Lakh (6% margin). Revenue has grown at a compounded annual rate of -28% over three years and +1% over five years.
- ₹75.5 LakhRevenue · FY 2022 · +2250% YoY
- ₹3.9 LakhNet profit · 5% margin
- ₹4.7 LakhEBITDA · 6% margin
- ₹1.1 LakhPaid-up capital
- -28%Revenue CAGR, 3 years
- +1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Drivology Solutions Private Limited are on its company page.
Detailed financial statements for DriveKool
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of DriveKool
2 dated milestones of DriveKool across 2 years, from founding to its latest funding, stage changes and deals.
- Founded DriveKool is founded.
- Funding First funding round of $57K.
Competitors of DriveKool
DriveKool has 2 listed competitors in our database. They include DrivePlus and TurtleDrive, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| driveplus.in | 2015 | Pune, India | – | – | Offers car pickup, drop services, and professional driver hiring in urban areas. | |
| turtledrive.com | 2016 | Bengaluru, India | – | – | A platform for easily finding and booking driving classes from schools. |
Detailed competitors of DriveKool
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Top companies in Local & Community Services
10 companies that operate in the same segment as DriveKool (Local & Community Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Customers are connected with vetted professionals for on-demand home services. | 2014 | Gurugram, Haryana, India | USD 376.49 M | USD 165.84 M | 2,111 | |
App-based pet sitting marketplace | 2011 | Olympia, Washington, United States | USD 409.19 M | – | – | |
Fitness class memberships are offered across various gyms and studios. | 2013 | New York, New York, United States | USD 550 M | – | 969 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Provider of interior design and renovation services for homes and offices | 2014 | Bengaluru, Karnataka, India | USD 511.55 M | USD 172.66 M | 4,353 | |
App based platform to connect users with local service professionals | 2008 | San Francisco, California, United States | USD 698.85 M | – | 1,807 | |
Online catering marketplace for enterprises | 2007 | Boston, Massachusetts, United States | USD 435.92 M | – | 923 | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Operates and franchises fitness clubs | 2002 | – | USD 4.49 M | – | 340 | |
Online marketplace that provides home repair & maintenance services | 2012 | New York, New York, United States | USD 112.67 M | – | – |
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Related news about Drivekool
Complete news archive for DriveKool
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Frequently Asked Questions about DriveKool
DriveKool was founded in 2014 and raised its 1st funding round 2 years after it was founded.
DriveKool is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
DriveKool is a funded company, having raised a total of $56.7K across 1 funding round to date. The company's 1st funding round was a Seed of $56.7K, raised on Nov 2016.
The primary company behind DriveKool, Drivology Solutions Private Limited, reported revenue of ₹75.5 Lakh for FY 2022, up 2250% year on year.
DriveKool was founded in 2014 in Bengaluru, India, as an online platform in the education and mobility sector. Driving schools are listed for users to search and filter by parameters such as location and services. Ratings are displayed for review, and slots are booked directly through the system. Operations focus on facilitating access to driving instruction across India.
DriveKool's top competitors include DrivePlus and TurtleDrive.
DriveKool has 1 investor. Key investors include Aavya Ventures.
The valuation of DriveKool is $868.22K as of Nov 2016.
DriveKool operates through Drivology Solutions Private Limited.
The legal entities of DriveKool currently have 2 directors, including Kumar Gaurav, Dhananjay Kumar.