About DropCabs
DropCabs is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2016. It operates an on-demand taxi hailing application to connect users with drivers efficiently. It operates on a B2C model. Its Indian entity Drop Cabs Private Limited reported revenue of ₹6.1 Lakh. Its focus areas include Transportation, Ride-Sharing, Taxi Services and App-Based Hailing. Its competitors include Uber, Savaari, Meru, Gozocabs and TaxiForSure and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
DropCabs, founded in 2016 in Bengaluru, India, focuses on providing transportation services, providing ride-sharing services, taxi services, and app-based hailing. Operates an on-demand taxi hailing application to connect users with drivers efficiently. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Bengaluru, India
- Employees 1
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website dropcabs.com
- Social X Facebook Instagram YouTube
- 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 DropCabs
DropCabs 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 |
Apps and channels of DropCabs
its YouTube channel Drop Cabs has 1.75K subscribers and 30 videos.
Videos from DropCabs
The most watched videos on DropCabs's YouTube channel, Drop Cabs (1.75K subscribers). Click a video to play it here.
More on Drop Cabs.
Board of directors of Drop Cabs Private Limited (DropCabs)
Drop Cabs Private Limited is the primary company behind DropCabs. 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 DropCabs
Figures of Drop Cabs Private Limited, the primary company behind DropCabs, 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 DropCabs
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of DropCabs
DropCabs has 8 listed competitors in our database, 7 of them funded. They include Uber, Savaari, Meru, Gozocabs 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 | |
| savaari.com | 2006 | Bengaluru, India | $5.93M | 192 | App-based intercity ride-hailing aggregator | |
| meru.in | 2007 | Mumbai, India | $135.07M | 23 | Ride-hailing services are facilitated via an app-based platform. | |
| gozocabs.com | 2012 | Chandigarh, India | $2.17M | 58 | Inter-city taxi bookings are enabled via a mobile app platform. | |
| taxiforsure.com | 2011 | Bengaluru, India | $45.21M | – | Car rental aggregator | |
| nammayatri.in | 2022 | Bengaluru, India | $11M | 141 | Three-wheeler rides are booked via an app-based platform. | |
| goamiles.com | 2018 | Margao, India | – | – | Ride-hailing services are facilitated via a mobile application platform. | |
| bookmycab.com | 2012 | Mumbai, India | $908,162 | – | Taxi-hailing services are facilitated via an online booking platform. |
Detailed competitors of DropCabs
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of DropCabs
The website of DropCabs (dropcabs.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▲ 5.8% vs previous month
Top companies in Two Wheeler Rental Services
10 companies that operate in the same segment as DropCabs (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 DropCabs
DropCabs was founded in 2016.
DropCabs is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
DropCabs has 1 employees.
The primary company behind DropCabs, Drop Cabs Private Limited, reported revenue of ₹6.1 Lakh for FY 2024, up 474% year on year.
DropCabs, founded in 2016 in Bengaluru, India, focuses on providing transportation services, providing ride-sharing services, taxi services, and app-based hailing. Operates an on-demand taxi hailing application to connect users with drivers efficiently. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
DropCabs's top competitors include Uber, Savaari and TaxiForSure.
DropCabs operates through Drop Cabs Private Limited.
The legal entities of DropCabs currently have 2 directors, including Sureshkumar Thangavel, Udaiyannan Thangavel.