About Drivers4Me
Drivers4Me is a company based in Kolkata (India) founded in 2018.. Drivers4Me has raised $376.64 thousand across 2 funding rounds from investors including Kredent InfoEdge, Singhvi Heritage and Risewell Housing. The company has 13 employees as of April 04, 2024. Drivers4Me operates in a competitive market with competitors including DriveU, DriverShaab, Driverskart, Taxshe and Indian Drivers, among others.
- Headquarter Kolkata, India
- Employees 13 as on 04 Apr, 2024
- Stage Minicorn
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Sectors
Business ServicesTransportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Car Driver4me Solution Private Limited
- Date of Incorporation 04 Dec, 2018
- Jurisdiction Kolkata, West Bengal, India
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Annual Revenue
$113.62 K (USD)-49.64as on Mar 31, 2023
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Net Profit
$5 K (USD)108.07as on Mar 31, 2023
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EBITDA
$20.73 K (USD)86.35as on Mar 31, 2023
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Total Equity Funding
$376.64 K (USD)
in 2 rounds
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Latest Funding Round
$362.59 K (USD), Seed
Mar 09, 2024
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Investors
Kredent InfoEdge
& 15 more
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Employee Count
13
as on Apr 04, 2024
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Funding Insights of Drivers4Me
Drivers4Me has successfully raised a total of $376.64K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $362.59 thousand completed in March 2024. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $362,592
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First Round
First Round
(30 Jul 2020)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Seed - Drivers4Me | Valuation |
investors |
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| Jul, 2020 | Amount | Seed - Drivers4Me | Valuation | Singhvi Heritage , Singhvi Heritage |
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| 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 |
Investors in Drivers4Me
Drivers4Me has secured backing from 16 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Kredent InfoEdge, Singhvi Heritage and Risewell Housing. 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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Early-stage investments are targeted by GN Investments in startups.
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Founded Year | Domain | Location | |
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Seed-stage venture capital investments are targeted by Singhvi Heritage.
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Founded Year | Domain | Location | |
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Operations are diversified across multiple industries by the conglomerate.
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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 Drivers4Me
| 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 - Drivers4Me
| 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 |
Drivers4me Comparisons
Competitors of Drivers4Me
Drivers4Me 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 DriveU, DriverShaab, Driverskart, Taxshe and Indian Drivers, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of on demand car rental and driver booking marketplace
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| domain | founded_year | HQ Location |
On-demand drivers are booked via a mobile application platform.
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| domain | founded_year | HQ Location |
On-demand personal chauffeur services are provided via a mobile app.
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| domain | founded_year | HQ Location |
Female chauffeurs are booked online for intra-city travel needs.
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| domain | founded_year | HQ Location |
Provides on-demand, monthly, and B2B driver services through app for transportation needs in India.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Drivers4Me
When was Drivers4Me founded?
Drivers4Me was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Drivers4Me located?
Drivers4Me is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Is Drivers4Me a funded company?
Drivers4Me is a funded company, having raised a total of $376.64K across 2 funding rounds to date. The company's 1st funding round was a Seed of $14.05K, raised on Jul 30, 2020.
How many employees does Drivers4Me have?
As of Apr 04, 2024, the latest employee count at Drivers4Me is 13.
What is the annual revenue of Drivers4Me?
Annual revenue of Drivers4Me is $113.62K as on Mar 31, 2023.
What does Drivers4Me do?
An online platform for booking on-demand drivers was established in 2018 in Kolkata, India. Services are accessed through an Android mobile application, where locations, user details, and payment information are provided by users. Operations focus on the transportation sector, enabling convenient driver bookings for various needs. The domain drivers4me.com supports these activities across the region.
Who are the top competitors of Drivers4Me?
Drivers4Me's top competitors include DriveU, DriverShaab and Driverskart.
Who are Drivers4Me's investors?
Drivers4Me has 16 investors. Key investors include Kredent InfoEdge, Singhvi Heritage, Risewell Housing, Minds Investment, and GN Investments.
What is Drivers4Me's valuation?
The valuation of Drivers4Me is $1.33M as of Jul 2020.