About Driverskart
Driverskart is a company based in Chennai (India) founded in 2015 was acquired by DriveU in May 2017.. Driverskart has raised $450 thousand across 1 funding round from investors including DriveU and ah! Ventures. Driverskart has completed 2 acquisitions, including BeDriven and Driven. Driverskart operates in a competitive market with competitors including DriveU, DriverShaab, Drivers4Me, Taxshe and Indian Drivers, among others.
- Headquarter Chennai, India
-
Sectors
Business ServicesTransportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Getdriven Technologies Private Limited
- Date of Incorporation 23 Dec, 2015
- Jurisdiction Chennai, Tamil Nadu, India
-
Annual Revenue
$0 (USD)0as on Mar 31, 2023
-
Net Profit
$-1.39 K (USD)-108.23as on Mar 31, 2023
-
EBITDA
$-1.05 K (USD)-188.67as on Mar 31, 2023
-
Total Equity Funding
$450 K (USD)
in 1 rounds
-
Latest Funding Round
$450 K (USD), Seed
Apr 19, 2016
-
Investors
DriveU
& 1 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
BeDriven
& 1 more
-
Acquired by
DriveU
(May 04, 2017)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Driverskart
Driverskart has successfully raised a total of $450K through 1 strategic funding round. The most recent funding activity was a Seed round of $450 thousand completed in April 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 Total Funding
- Total Rounds 1
- Last Round Seed — $450,000
-
First Round
First Round
(19 Apr 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2016 | Amount | Seed - Driverskart | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Driverskart
Driverskart has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include DriveU and ah! Ventures. 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 |
|---|---|---|---|---|
|
Fundraising is enabled for startups through an investor connection platform.
|
Founded Year | Domain | Location | |
|
Provider of on demand car rental and driver booking marketplace
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Driverskart
Driverskart has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include BeDriven and Driven. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
On-demand chauffeur services are supplied with trained, verified drivers.
|
2015 | ||||
|
Online self-drive car and bike rentals are provided.
|
2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Driverskart
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Driverskart Comparisons
Competitors of Driverskart
Driverskart 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, Drivers4Me, 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
|
|
| domain | founded_year | HQ Location |
On-demand drivers are booked via a mobile application platform.
|
|
| domain | founded_year | HQ Location |
On-demand drivers are booked via an online platform for users.
|
|
| domain | founded_year | HQ Location |
Female chauffeurs are booked online for intra-city travel needs.
|
|
| domain | founded_year | HQ Location |
Provides on-demand, monthly, and B2B driver services through app for transportation needs in India.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Driverskart
Frequently Asked Questions about Driverskart
When was Driverskart founded?
Driverskart was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Driverskart located?
Driverskart is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Is Driverskart a funded company?
Driverskart is a funded company, having raised a total of $450K across 1 funding round to date. The company's 1st funding round was a Seed of $450K, raised on Apr 19, 2016.
What does Driverskart do?
DriversKart is an app that provides chauffeur on demand, real time or on weeklymonthly subscription model. Founding team consists of ex-Co-Founder at Jabong, IIM Calcutta, IIT Mandi alumni. Operates in Bangalore, Mumbai, Pune, Delhi and Chennai.Raised 450k in a pre-series A funding led by ah! Ventures in April 2016. Acquired car and bike rentals company Driven in May 2016. Partnered with Quikr services to provide on-demand driver services in Jul16. Acquired by DriveU in May17.
Who are the top competitors of Driverskart?
Driverskart's top competitors include DriveU, DriverShaab and Drivers4Me.
How many acquisitions has Driverskart made?
Who are Driverskart's investors?
Driverskart has 2 investors. Key investors include DriveU, and ah! Ventures.