Drivify

Mumbai, India Founded: 2015 • Age: 11 yrs
Chauffeurs are booked on-demand via a mobile marketplace.

About Drivify

Drivify is a Business Services company based in Mumbai (India) founded in 2015. It operates as a chauffeurs are booked on-demand via a mobile marketplace. It operates in the Business Services and Transportation, Automotive & Logistics sectors. Its Indian entity Dr Mobility Solutions Private Limited reported revenue of β‚Ή2.06 Cr. Drivify offers products and services including Sports Betting Platform, Casino Games, and Live Dealer Games. Its focus areas include Consumer, Road Transport Tech, Ride Hailing and Cars. Its competitors include DriveU, DriverShaab, Drivers4Me, Driverskart and Taxshe and 3 more; 6 of its 8 listed competitors have raised funding.

Company details

Drivify is a mobile-first marketplace for booking chauffeurs. Has a minimum base charge of INR 299 for 75 minutes. Charges INR 150 for cancellation after 5 minutes. Claims to verify drivers before onboarding. Raised 50k in seed funding from Citrus Pay founder Jitendra Gupta and angel Pankaj Tripathi. Has about 700 registered drivers (June 2016). Drivify pays drivers a fixed pay for remaining available on app for certain hours.

  • Headquarters Mumbai, India
  • Sectors
    Business Services
    Transportation, Automotive & Logistics
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website drivify.in
  • Social LinkedIn Facebook
  • Legal Name Dr Mobility Solutions Private Limited
  • Date of Incorporation 09 May, 2015
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹2.06 Cr

    FY 2022 · +34% YoY

  • Net Loss
    -₹2.4 Lakh

    FY 2022 · -1% margin

  • EBITDA
    -₹58,300

    FY 2022 · 0% margin

Products & Services of Drivify

Drivify offers a comprehensive portfolio of products and services, including Sports Betting Platform, Casino Games, and Live Dealer Games.

Sports Betting Platform
Betting Service

Service for placing bets on sports events like cricket and tennis.

Casino Games
Gaming

Collection of slots and table games for online entertainment.

Live Dealer Games
Interactive Gaming

Real-time games with dealers for immersive casino experience.

Funding Insights of Drivify

  • Total Rounds 1

All 1 funding rounds of Drivify with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2016–Angel Round––
–

Board of directors of Dr Mobility Solutions Private Limited (Drivify)

Dr Mobility Solutions Private Limited is the primary company behind Drivify. The board of Dr Mobility Solutions Private Limited currently have 2 directors; the longest-serving is Prasad Devdas Shriyan, appointed in 2015. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Prasad Devdas Shriyan
DIN 07141314
Director09 May 201511 yrs 5 moDr Mobility Solutions Private Limited
Jatin Chandrakant Kamdar
DIN 07459123
Director23 Mar 201610 yrs 6 moDr Mobility Solutions Private Limited

People of Drivify

2 people are tracked at Drivify (2 in leadership).

NameRoleGroup
DirectorLeadership
DirectorLeadership
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Complete people profiles for Drivify

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Financials of Drivify

Figures of Dr Mobility Solutions Private Limited, the primary company behind Drivify, for FY 2022. Revenue was ₹2.06 Cr (+34% year on year). Net loss was -₹2.4 Lakh (-1% margin). EBITDA was -₹58,300 (0% margin). Revenue has grown at a compounded annual rate of -7% over three years and +13% over five years.

  • ₹2.06 CrRevenue · FY 2022 · +34% YoY
  • -₹2.4 LakhNet loss · -1% margin
  • -₹58,300EBITDA · 0% margin
  • ₹1 LakhPaid-up capital
  • -7%Revenue CAGR, 3 years
  • +13%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Dr Mobility Solutions Private Limited are on its company page.

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Detailed financial statements for Drivify

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Financial ratios
  • Five-year trends
  • Downloads

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Timeline of Drivify

2 dated milestones of Drivify across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Drivify is founded.
  2. Funding First funding round.

Competitors of Drivify

Drivify has 8 listed competitors in our database, 6 of them funded. They include DriveU, DriverShaab, Drivers4Me, Driverskart and Taxshe, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
driveu.in2015Bengaluru, India$8.8M174
Provider of on demand car rental and driver booking marketplace
drivershaab.in2019Kolkata, India$369,07533
On-demand drivers are booked via a mobile application platform.
drivers4me.com2018Kolkata, India$376,643221
On-demand drivers are booked via an online platform for users.
driverskart.com2015Chennai, India$450,000–
On-demand personal chauffeur services are provided via a mobile app.
taxshe.com2014Bengaluru, India$84,344–
Female chauffeurs are booked online for intra-city travel needs.
indian-drivers.com2009Pune, India–187
Provides on-demand, monthly, and B2B driver services through app for transportation needs in India.
ezidrive.in2008Bengaluru, India–19
An online platform for booking cabs and driver services conveniently.
zuver.in2015Mumbai, India$180,000–
On-demand driver services are provided for customers in India.
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Detailed competitors of Drivify

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  • Full competitor set
  • Operating metrics
  • Benchmarks
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Top companies in Local & Community Services

10 companies that operate in the same segment as Drivify (Local & Community Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Customers are connected with vetted professionals for on-demand home services.
2014Gurugram, Haryana, IndiaUSD 376.49 MUSD 165.84 M2,111
App-based pet sitting marketplace
2011Olympia, Washington, United StatesUSD 409.19 M––
Fitness class memberships are offered across various gyms and studios.
2013New York, New York, United StatesUSD 550 M–969
Platform for discovering and sharing local businesses
2004San Francisco, California, United StatesUSD 56 MUSD 1.46 B5,120
Provider of interior design and renovation services for homes and offices
2014Bengaluru, Karnataka, IndiaUSD 511.55 MUSD 172.66 M4,353
App based platform to connect users with local service professionals
2008San Francisco, California, United StatesUSD 698.85 M–1,807
Online catering marketplace for enterprises
2007Boston, Massachusetts, United StatesUSD 435.92 M–923
Provider of car service and repair network
2016Gurugram, Haryana, IndiaUSD 62.01 MUSD 8.06 M171
Operates and franchises fitness clubs
2002–USD 4.49 M–340
Online marketplace that provides home repair & maintenance services
2012New York, New York, United StatesUSD 112.67 M––
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Frequently Asked Questions about Drivify

Drivify was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Drivify is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

The primary company behind Drivify, Dr Mobility Solutions Private Limited, reported revenue of β‚Ή2.06 Cr for FY 2022, up 34% year on year.

Drivify is a mobile-first marketplace for booking chauffeurs. Has a minimum base charge of INR 299 for 75 minutes. Charges INR 150 for cancellation after 5 minutes. Claims to verify drivers before onboarding. Raised 50k in seed funding from Citrus Pay founder Jitendra Gupta and angel Pankaj Tripathi. Has about 700 registered drivers (June 2016). Drivify pays drivers a fixed pay for remaining available on app for certain hours.

Drivify's top competitors include DriveU, DriverShaab and Drivers4Me.

Drivify offers Sports Betting Platform, Casino Games, and Live Dealer Games.

Drivify operates through Dr Mobility Solutions Private Limited.

The legal entities of Drivify currently have 2 directors, including Jatin Chandrakant Kamdar, Prasad Devdas Shriyan.

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