About Drop Taxi Service
Drop Taxi Service is a Transportation, Automotive & Logistics company based in Chennai (India) founded in 2022. It provides online taxi bookings for outstation trips, round trips, and city rentals in India. It operates on a B2C and D2C model. Its Indian entity Drop Cabs Private Limited reported revenue of ₹6.1 Lakh. Drop Taxi Service offers products and services including Outstation Taxi, City Rentals, Airport Pickup, and Temple Tour Package. Its focus areas include Consumer, Transportation Tech, Taxi Services and Outstation Rides. Its competitors include Uber, BluSmart, Meru, Snap-E Cabs and TaxiForSure and 3 more; 8 of its 8 listed competitors have raised funding.
Company details
Drop Taxi Service, operated by Drop Cabs Private Limited, facilitates online booking for various transportation services including one-way and round trips, city rentals, and airport pickups. They use clean, sanitized cars ranging from hatchbacks to SUVs for safe journeys across India, primarily serving customers in Tamil Nadu, Bangalore, and other regions. The company focuses on cost-effective and reliable travel options for individuals and families.
- Headquarters Chennai, India
- Employees 1
- SectorsTransportation, Automotive & Logistics
- Phone•••• ••••
- Website droptaxiservice.info
- Legal Name Drop Cabs Private Limited
- Date of Incorporation 05 Aug, 2021
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹6.1 Lakh
FY 2024 · +474% YoY
- Net Profit₹16,547
FY 2024 · 3% margin
- EBITDA₹16,547
FY 2024 · 3% margin
- Employee Count1
Associated legal entities of Drop Taxi Service
Drop Taxi Service operates through Drop Cabs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Drop Cabs Private Limited CIN U63030TN2021PTC145315 | Active | 05 Aug 2021 | Chennai, Tamil Nadu | ₹0.1 Cr | – | 2 | View details |
Products & Services of Drop Taxi Service
Drop Taxi Service offers a comprehensive portfolio of products and services, including Outstation Taxi, City Rentals, Airport Pickup, and Temple Tour Package.
Facilitates one-way and round trip journeys across India
Offers hourly packages for urban travel needs
Provides timely pickups and drops at airports
Arranges guided trips to religious sites in India
Board of directors of Drop Cabs Private Limited (Drop Taxi Service)
Drop Cabs Private Limited is the primary company behind Drop Taxi Service. The board of Drop Cabs Private Limited currently have 2 directors; the longest-serving is Sureshkumar Thangavel, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sureshkumar Thangavel DIN 09270943 | Director | 05 Aug 2021 | 5 yrs 2 mo | Drop Cabs Private Limited |
| Udaiyannan Thangavel DIN 09270944 | Director | 05 Aug 2021 | 5 yrs 2 mo | Drop Cabs Private Limited |
Financials of Drop Taxi Service
Figures of Drop Cabs Private Limited, the primary company behind Drop Taxi Service, for FY 2024. Revenue was ₹6.1 Lakh (+474% year on year). Net profit was ₹16,547 (3% margin). EBITDA was ₹16,547 (3% margin).
- ₹6.1 LakhRevenue · FY 2024 · +474% YoY
- ₹16,547Net profit · 3% margin
- ₹16,547EBITDA · 3% margin
- ₹10,000Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of Drop Cabs Private Limited are on its company page.
Detailed financial statements for Drop Taxi Service
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- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Drop Taxi Service
Drop Taxi Service has 8 listed competitors in our database, 8 of them funded. They include Uber, BluSmart, Meru, Snap-E Cabs and TaxiForSure, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| uber.com | 2009 | San Francisco, United States | $13.21B | 31,100 | An online platform providing ride-hailing and food delivery services | |
| blu-smart.com | 2019 | Mumbai, India | $167.59M | 613 | Electric ride-hailing and cab services are provided via mobile app. | |
| meru.in | 2007 | Mumbai, India | $135.07M | 23 | Ride-hailing services are facilitated via an app-based platform. | |
| snapecabs.com | 2021 | Kolkata, India | $5M | 3,246 | Electric cab services are provided via an app-based booking platform. | |
| taxiforsure.com | 2011 | Bengaluru, India | $45.21M | – | Car rental aggregator | |
| everacabs.com | 2019 | Delhi, India | $14M | 27 | Provider of an all-electric cab service | |
| eprakriti.com | 2019 | Delhi, India | $3.11M | 25 | Electric car rentals and charging stations are provided by Eprakriti. | |
| cabecars.in | 2019 | Mumbai, India | $6.26M | 21 | Operator of a technology platform providing all-electric vehicle cab booking services |
Detailed competitors of Drop Taxi Service
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Two Wheeler Rental Services
10 companies that operate in the same segment as Drop Taxi Service (Two Wheeler Rental Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Financial services encompassing loans, investments, and insurance are delivered in India. | 1979 | Mumbai, Maharashtra, India | – | USD 1.94 B | – | |
Operates a free-float bicycle rental platform for urban mobility. | 2014 | Beijing, Beijing, China | USD 1.87 B | – | 437 | |
Manufactures and markets retro-inspired motorcycles with modern features. | 1929 | Pune, Maharashtra, India | – | USD 83.25 M | 100 | |
E-bike rental services are provided for delivery workers by Whizz. | 2022 | New York, New York, United States | USD 15.4 M | – | – | |
Offers bike listings, prices, reviews, and comparisons for consumers. | 2012 | Mumbai, Maharashtra, India | – | – | – | |
Manufactures electric two-wheelers and three-wheelers for personal and commercial use in India. | 1980 | Delhi, Delhi, India | – | USD 44.57 M | 272 | |
Produces electric scooters and bikes for eco-friendly transportation solutions. | 2016 | Nashik, Maharashtra, India | – | USD 11.43 M | 21 | |
Manufactures electric rickshaws and two-wheelers for sustainable transportation in India. | 2011 | Delhi, Delhi, India | – | USD 46.34 M | 85 | |
Provides online on-demand motorbike rental services for convenient urban mobility. | 2015 | Hyderabad, Telangana, India | USD 673.64 K | USD 282.23 K | 15 | |
Offers a platform for aggregating local and outstation cab services. | 2008 | Dehradun, Uttarakhand, India | – | – | – |
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Frequently Asked Questions about Drop Taxi Service
Drop Taxi Service was founded in 2022.
Drop Taxi Service is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Drop Taxi Service has 1 employees.
The primary company behind Drop Taxi Service, Drop Cabs Private Limited, reported revenue of ₹6.1 Lakh for FY 2024, up 474% year on year.
Drop Taxi Service, operated by Drop Cabs Private Limited, facilitates online booking for various transportation services including one-way and round trips, city rentals, and airport pickups. They use clean, sanitized cars ranging from hatchbacks to SUVs for safe journeys across India, primarily serving customers in Tamil Nadu, Bangalore, and other regions. The company focuses on cost-effective and reliable travel options for individuals and families.
Drop Taxi Service's top competitors include Uber, BluSmart and TaxiForSure.
Drop Taxi Service offers Outstation Taxi, City Rentals, Airport Pickup, and Temple Tour Package.
Drop Taxi Service operates through Drop Cabs Private Limited.
The legal entities of Drop Taxi Service currently have 2 directors, including Sureshkumar Thangavel, Udaiyannan Thangavel.