About DriverDrives
DriverDrives was a Transportation, Automotive & Logistics company based in Chennai (India) founded in 2020. It operates a marketplace connecting users with on-demand drivers for convenient transportation. It operates on a B2C model. The company has 1 employees. The company is recorded as dissolved. Its focus areas include Transportation, Ride-Hailing, On-Demand Services and Driver Marketplace. Its legal entity in India is Drives2u Call Driver Service Private Limited (U63030TN2020PTC139767). Its competitors include DriverShaab, Rateon and Loadmaal; 1 of its 3 listed competitors has raised funding.
Company details
DriverDrives operates with a B2C model, focusing on providing transportation services, ride-hailing, on-demand services, and driver marketplace. Operates a marketplace connecting users with on-demand drivers for convenient transportation. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Chennai, India
- Employees 1
- SectorsTransportation, Automotive & Logistics
- Website driverdrives.com
- Legal Name Drives2u Call Driver Service Private Limited
- Date of Incorporation 01 Dec, 2020
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹56,094
FY 2022 · +1302% YoY
- Net Profit₹4,591
FY 2022 · 8% margin
- EBITDA₹22,777
FY 2022 · 41% margin
- Employee Count1
Associated legal entities of DriverDrives
DriverDrives operates through Drives2u Call Driver Service 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 |
|---|---|---|---|---|---|---|---|
| Drives2u Call Driver Service Private Limited CIN U63030TN2020PTC139767 | Active | 01 Dec 2020 | Chennai, Tamil Nadu | ₹0.0 Cr | 2 | View details |
Board of directors of Drives2u Call Driver Service Private Limited (DriverDrives)
Drives2u Call Driver Service Private Limited is the primary company behind DriverDrives. The board of Drives2u Call Driver Service Private Limited currently have 2 directors; the longest-serving is Balraj Baskaran, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Balraj Baskaran DIN 08978192 | Director | 01 Dec 2020 | 5 yrs 10 mo | Drives2u Call Driver Service Private Limited |
| Raman Jothi DIN 10530598 | Director | 01 Mar 2024 | 2 yrs 7 mo | Drives2u Call Driver Service Private Limited |
Financials of DriverDrives
Figures of Drives2u Call Driver Service Private Limited, the primary company behind DriverDrives, for FY 2022. Revenue was ₹56,094 (+1302% year on year). Net profit was ₹4,591 (8% margin). EBITDA was ₹22,777 (41% margin).
- ₹56,094Revenue · FY 2022 · +1302% YoY
- ₹4,591Net profit · 8% margin
- ₹22,777EBITDA · 41% margin
- ₹50,000Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of Drives2u Call Driver Service Private Limited are on its company page.
Detailed financial statements for DriverDrives
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
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Verified entity values are shown only after access is granted.
Competitors of DriverDrives
DriverDrives has 3 listed competitors in our database, 1 of them funded. They include DriverShaab, Rateon and Loadmaal.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| drivershaab.in | 2019 | Kolkata, India | $369,075 | 33 | On-demand drivers are booked via a mobile application platform. | |
| rateon.in | 2020 | Pune, India | On-demand platform for booking mini trucks and logistics services in Indian cities. | |||
| loadmaal.com | 2016 | Noida, India | Operates a marketplace connecting truck drivers and agents for logistics solutions. |
Detailed competitors of DriverDrives
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Two Wheeler Rental Services
3 companies that operate in the same segment as DriverDrives (Two Wheeler Rental Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Financial services encompassing loans, investments, and insurance are delivered in India. | 1979 | Mumbai, Maharashtra, India | USD 1.94 B | |||
Manufactures and markets retro-inspired motorcycles with modern features. | 1929 | Pune, Maharashtra, India | USD 83.25 M | 100 | ||
Offers bike listings, prices, reviews, and comparisons for consumers. | 2012 | Mumbai, Maharashtra, India |
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Frequently Asked Questions about DriverDrives
DriverDrives was founded in 2020.
DriverDrives is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
DriverDrives has 1 employees.
The primary company behind DriverDrives, Drives2u Call Driver Service Private Limited, reported revenue of ₹56,094 for FY 2022, up 1302% year on year.
DriverDrives operates with a B2C model, focusing on providing transportation services, ride-hailing, on-demand services, and driver marketplace. Operates a marketplace connecting users with on-demand drivers for convenient transportation. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
DriverDrives's top competitors include DriverShaab, Rateon and Loadmaal.
DriverDrives operates through Drives2u Call Driver Service Private Limited.
The legal entities of DriverDrives currently have 2 directors, including Raman Jothi, Balraj Baskaran.