DrivoJoy

Bengaluru, India Founded: 2015 • Age: 11 yrs
Serves as a closed marketplace connecting users with qualified bike mechanics.
Annual revenue $26,976 Latest available
Total funding $603,409 1 rounds
Employees 25 Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About DrivoJoy

DrivoJoy is a company based in Bengaluru (India) founded in 2015 by Aman Singhal, Vishwanath Kollapudi, and Ravindra A. It operates as a B2C. DrivoJoy has raised $603.41 thousand across 1 funding round from investors including Tracxn Labs, Tessellate Ventures and Equity Crest. The company has 25 employees as of March 31, 2016. DrivoJoy operates in a competitive market with competitors including GoMechanic, MyTVS, GoBumpr, VehicleCare and Ki Mobility Solutions, among others.

  • Headquarter Bengaluru, India
  • Employees 25 as on 31 Mar, 2016
  • Founders Aman Singhal, Vishwanath Kollapudi, Ravindra A
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Mud Flap Technologies Private Limited
  • Date of Incorporation 19 Mar, 2015
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $26.98 K (USD)
    0
    as on Mar 31, 2016
  • Net Profit
    -$53.07 K (USD)
    0
    as on Mar 31, 2016
  • EBITDA
    -$51.77 K (USD)
    0
    as on Mar 31, 2016
  • Total Equity Funding
    $603.41 K (USD)

    in 1 rounds

  • Latest Funding Round
    $603.41 K (USD), Seed

    Mar 22, 2016

  • Investors
    Tracxn Labs

    & 3 more

  • Employee Count
    25

    as on Mar 31, 2016

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Funding Insights of DrivoJoy

DrivoJoy has successfully raised a total of $603.41K through 1 strategic funding round. The most recent funding activity was a Seed round of $603.41 thousand completed in March 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.

Investors in DrivoJoy

DrivoJoy has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Tracxn Labs, Tessellate Ventures and Equity Crest.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage investment and support for technology companies.
Locked Locked Locked
Angel investor network investing in early-stage startups
Locked Locked Locked
Video streaming, adult content, and comic services online.
Locked Locked Locked
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Investments & Acquisitions by DrivoJoy

Investments
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Investment portfolio details for DrivoJoy

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Financial Statements - DrivoJoy

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Drivojoy Comparisons

DrivoJoy Primary company
Description
Serves as a closed marketplace connecting users with qualifi...
Location
Bengaluru, India
Founded Year
2015
Annual Revenue
$26.98 K (USD)
Net Profit
-$53.07 K (USD)
EBITDA
-$51.77 K (USD)
Employees
25
As of 2016
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Peer comparison for DrivoJoy

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Competitors of DrivoJoy

DrivoJoy 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 GoMechanic, MyTVS, GoBumpr, VehicleCare and Ki Mobility Solutions, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of car service and repair network
Locked Locked Locked
Online platform for booking automotive repair and maintenance services
Locked Locked Locked
App-based garage aggregation for auto repair and maintenance is offered.
Locked Locked Locked
AI-based car repair and maintenance services are delivered.
Locked Locked Locked
Digital automotive marketplace platform
Locked Locked Locked
Online platform for news articles on sports, entertainment, and current events worldwide.
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Detailed competitors of DrivoJoy

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Latest news on Drivojoy

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Frequently Asked Questions about DrivoJoy

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

DrivoJoy is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Aman Singhal is the current CEO of DrivoJoy. They have also founded this company.

DrivoJoy is a funded company, having raised a total of $603.41K across 1 funding round to date.

As of Mar 31, 2016, the latest employee count at DrivoJoy is 25.

Annual revenue of DrivoJoy is $26.98K as on Mar 31, 2016.

DrivoJoy serves as a closed marketplace connecting users with qualified bike mechanics through providing essential services, dealing with automotive parts, maintaining and repairing structures, and mechanics marketplace. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.

DrivoJoy's top competitors include GoMechanic, MyTVS and VehicleCare.

DrivoJoy has 4 investors. Key investors include Tracxn Labs, Tessellate Ventures, Equity Crest, and Indian Angel Network.

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