About Drivio
Drivio is a company based in Gurugram (India) founded in 2022 by Arvind Yadav, Ankur Bhardwaj, and Saurabh Tripathi. It operates as a Brokerage / Intermediation and FinTech. Drivio has raised $1.43 million across 3 funding rounds from investors including Angel List, We Founder Circle and Vansun Mediatech. Drivio offers products and services including Two-Wheeler Financing, EMI Calculator, and Bike Comparison Tool. Drivio operates in a competitive market with competitors including OTO, Bike Bazaar, Ride Finance and FinFlow, among others.
- Headquarter Gurugram, India
- Founders Arvind Yadav, Ankur Bhardwaj, Saurabh Tripathi
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsFinancial 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 Driviotech
- Date of Incorporation 09 Apr, 2022
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$188.95 K (USD)0as on Mar 31, 2023
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Net Profit
-$62.52 K (USD)0as on Mar 31, 2023
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EBITDA
-$28.42 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$1.43 M (USD)
in 3 rounds
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Latest Funding Round
$389.37 K (USD), Series A
Mar 30, 2024
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Investors
Angel List
& 14 more
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Employee Count
Not available
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Products & Services of Drivio
Drivio offers a comprehensive portfolio of products and services, including Two-Wheeler Financing, EMI Calculator, and Bike Comparison Tool.
Two-wheeler loans are provided for bike purchases.
EMI calculations are facilitated for loan planning purposes.
Bike comparisons are offered to aid buying decisions.
Funding Insights of Drivio
Drivio has successfully raised a total of $1.43M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $389.37 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.
Investors in Drivio
Drivio has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, We Founder Circle and Vansun Mediatech.
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Angel investing and mentorship for early-stage startups in India.
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Single family office of Dinesh Hinduja Family
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Investment in early-stage startups and global community support.
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Investor details for Drivio
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Investments & Acquisitions by Drivio
Investment portfolio details for Drivio
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Financial Statements - Drivio
Detailed financials for Drivio
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Drivio Comparisons
Peer comparison for Drivio
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Competitors of Drivio
Drivio 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 OTO, Bike Bazaar, Ride Finance and FinFlow, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Two-wheeler loans are provided via a fintech platform for purchases.
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Online platform for buying and selling two-wheelers
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Offers financing for new motorcycles, used bikes, and electric vehicles.
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Digital two-wheeler loans are facilitated via an online platform.
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Detailed competitors of Drivio
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Latest news on Drivio
Complete news archive for Drivio
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Frequently Asked Questions about Drivio
Drivio was founded in 2022.
Drivio is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Saurabh Tripathi is the current CEO of Drivio. They have also founded this company.
Drivio is a funded company, having raised a total of $1.43M across 3 funding rounds to date.
Annual revenue of Drivio is $188.95K as on Mar 31, 2023.
Two-wheeler financing options are offered by Drivio, a tech-enabled platform in India. Services are focused on providing loans for bikes, scooters, and electric vehicles. Various financial tools like EMI calculators and comparison tools are included. The platform operates in the consumer finance sector, targeting two-wheeler buyers with competitive rates and quick disbursal processes. Partnerships with multiple lenders ensure diverse financing solutions for customers across urban and rural areas.
Drivio's top competitors include OTO, Bike Bazaar and FinFlow.
Drivio offers Two-Wheeler Financing, EMI Calculator, and Bike Comparison Tool.
Drivio has 15 investors. Key investors include Angel List, We Founder Circle, Vansun Mediatech, Real Time Accelerator Fund, and Frostees.
The valuation of Drivio is $6.37M as of Mar 2024.