About DriverShaab
DriverShaab is a company based in Kolkata (India) founded in 2019 by Avijit Das and Pavan Verma.. DriverShaab has raised $369.08 thousand across 3 funding rounds from investors including IIMCIP, IP Ventures and Firstport Capital. The company has 70 employees as of March 31, 2024. DriverShaab operates in a competitive market with competitors including DriveU, Drivers4Me, Driverskart, Indian Drivers and Taxshe, among others.
- Headquarter Kolkata, India
- Employees 70 as on 31 Mar, 2024
- Founders Avijit Das, Pavan Verma
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Sectors
Transportation, Automotive & LogisticsBusiness Services
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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 Satadru Technologies Private Limited
- Date of Incorporation 27 Mar, 2019
- Jurisdiction Kolkata, West Bengal, India
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Annual Revenue
$941.43 K (USD)0as on Mar 31, 2023
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Net Profit
$4.12 K (USD)0as on Mar 31, 2023
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EBITDA
$12.24 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$369.08 K (USD)
in 3 rounds
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Latest Funding Round
$329.24 K (USD), Seed
Apr 03, 2025
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Investors
IIMCIP
& 3 more
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Employee Count
70
as on Mar 31, 2024
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Funding Insights of DriverShaab
DriverShaab has successfully raised a total of $369.08K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $329.24 thousand completed in April 2025. 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 3
- Last Round Seed — $329,235
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First Round
First Round
(20 Sep 2019)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Seed - DriverShaab | Valuation | Inflection Point Ventures | |
| Mar, 2020 | Amount | Debt – Conventional - DriverShaab | Valuation |
investors |
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| Sep, 2019 | Amount | Seed - DriverShaab | Valuation | IIMCIP |
| 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 DriverShaab
DriverShaab has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include IIMCIP, IP Ventures and Firstport Capital. 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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Investments are made in early-stage tech startups across sectors.
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Founded Year | Domain | Location | |
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Venture capital investment in tech-startups
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Founded Year | Domain | Location | |
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Incubation and acceleration services for startups in innovation and regional development.
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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 DriverShaab
| 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 - DriverShaab
| 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 |
Drivershaab Comparisons
Competitors of DriverShaab
DriverShaab 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, Drivers4Me, Driverskart, Indian Drivers and Taxshe, 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 an online platform for users.
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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 |
Provides on-demand, monthly, and B2B driver services through app for transportation needs in India.
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| domain | founded_year | HQ Location |
Female chauffeurs are booked online for intra-city travel needs.
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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 Drivershaab
Frequently Asked Questions about DriverShaab
When was DriverShaab founded?
DriverShaab was founded in 2019.
Where is DriverShaab located?
DriverShaab is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Is DriverShaab a funded company?
DriverShaab is a funded company, having raised a total of $369.08K across 3 funding rounds to date. The company's 1st funding round was a Seed of $39.84K, raised on Sep 20, 2019.
How many employees does DriverShaab have?
As of Mar 31, 2024, the latest employee count at DriverShaab is 70.
What is the annual revenue of DriverShaab?
Annual revenue of DriverShaab is $941.43K as on Mar 31, 2023.
What does DriverShaab do?
DriverShaab was established in 2019 in Kolkata, India, as an app-based service in the mobility sector. Drivers are hired on demand through the platform, where users specify locations, destinations, and preferred dates. The application is accessible on both Android and iOS devices, facilitating bookings for various travel needs across the region. Operations focus on connecting users with available drivers efficiently.
Who are the top competitors of DriverShaab?
DriverShaab's top competitors include DriveU, Drivers4Me and Driverskart.
Who are DriverShaab's investors?
DriverShaab has 4 investors. Key investors include IIMCIP, IP Ventures, Firstport Capital, and Debmalya Mahapatra.
What is DriverShaab's valuation?
The valuation of DriverShaab is $509.73K as of Sep 2019.