About Enfield Riders
Enfield Riders is a company based in Mumbai (India) founded in 2012.. Enfield Riders has raised $500 thousand across 1 funding round. Enfield Riders offers products and services including Motorcycle Coaching, Road Trips, Bike Rentals, and Accessories Sales. Enfield Riders operates in a competitive market with competitors including Vogo, ONN Bikes, Ridobiko, Ontrack and Ghoom, among others.
- Headquarter Mumbai, India
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Sectors
Transportation, Automotive & Logistics
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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 Enfield Riders Private Limited
- Date of Incorporation 17 May, 2013
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$285.19 K (USD)103.21as on Mar 31, 2016
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Net Profit
$5.02 K (USD)-54.01as on Mar 31, 2016
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EBITDA
$9.62 K (USD)-37.23as on Mar 31, 2016
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Total Equity Funding
$500 K (USD)
in 1 rounds
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Latest Funding Round
$500 K (USD), Angel Round
Oct 17, 2016
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Investors
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Employee Count
Employee Count
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Products & Services of Enfield Riders
Enfield Riders offers a comprehensive portfolio of products and services, including Motorcycle Coaching, Road Trips, Bike Rentals, and Accessories Sales. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Programs teaching riding skills and safety techniques.
Organized expeditions to destinations like Spiti and Rajasthan.
Provides motorcycles for personal or trip use.
Sells items like helmets and t-shirts for riders.
Funding Insights of Enfield Riders
Enfield Riders has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $500 thousand completed in October 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Angel Round — $500,000
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First Round
First Round
(17 Oct 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2016 | Amount | Angel Round - Enfield Riders | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Enfield Riders
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Enfield Riders
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Enfield Riders Comparisons
Competitors of Enfield Riders
Enfield Riders 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 Vogo, ONN Bikes, Ridobiko, Ontrack and Ghoom, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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|---|---|---|---|---|
| domain | founded_year | HQ Location |
On-demand scooter rentals are facilitated via mobile app in India.
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On-demand two-wheeler rentals and rent-to-own options are provided.
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Motorbikes are rented online via a station-based booking platform.
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| domain | founded_year | HQ Location |
Ontrack is engaged in two-wheeler rental and financing services.
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| domain | founded_year | HQ Location |
Operates an app-based platform for electric scooter rental services.
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| domain | founded_year | HQ Location |
Offers self-drive motorbike rental services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Enfield Riders
When was Enfield Riders founded?
Enfield Riders was founded in 2012 and raised its 1st funding round 4 years after it was founded.
Where is Enfield Riders located?
Enfield Riders is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Enfield Riders a funded company?
Enfield Riders is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Angel Round of $500K, raised on Oct 17, 2016.
What is the annual revenue of Enfield Riders?
Annual revenue of Enfield Riders is $285.19K as on Mar 31, 2016.
What does Enfield Riders do?
Enfield Riders was founded in 2012 in Mumbai, India, as an online platform in the motorcycle rental sector. Royal Enfield motorcycles are offered for short trips, weekend getaways, or extended road expeditions, with accessories available for rental. Users can select itineraries and book packages, while annual maintenance contracts are provided for vehicles. Expansion into expeditions in North East India, Cambodia, Laos, and Sri Lanka is planned.
Who are the top competitors of Enfield Riders?
Enfield Riders's top competitors include Vogo, ONN Bikes and Exa Mobility.
What products or services does Enfield Riders offer?
Enfield Riders offers Motorcycle Coaching, Road Trips, Bike Rentals, and Accessories Sales.