About EVRides
EVRides is a company based in Hyderabad (India) founded in 2022 by Madhav Arpi Reddy. EVRides has raised $122.3 thousand across 1 funding round from investors including Cello, Motilal Oswal Financial Services and GM Modular. The company has 11 employees as of April 01, 2024. EVRides operates in a competitive market with competitors including Samsara, FourKites, Spireon, Inseego and Quartix, among others.
- Headquarter Hyderabad, India
- Employees 11 as on 01 Apr, 2024
- Founders Madhav Arpi Reddy
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Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
- Legal Name Tride Innovative Technologies Private Limited
- Date of Incorporation 13 Aug, 2020
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$86.8 K (USD)-84.38as on Mar 31, 2023
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Net Profit
-$124.71 K (USD)-158.8as on Mar 31, 2023
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EBITDA
-$117.54 K (USD)-104.61as on Mar 31, 2023
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Total Equity Funding
$122.3 K (USD)
in 1 rounds
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Latest Funding Round
$122.3 K (USD), Seed
Oct 22, 2022
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Investors
Cello
& 5 more
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Employee Count
11
as on Apr 01, 2024
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Funding Insights of EVRides
EVRides has successfully raised a total of $122.3K through 1 strategic funding round. The most recent funding activity was a Seed round of $122.3 thousand completed in October 2022. 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 EVRides
EVRides has secured backing from 6 investors, including institutional and angel investors. Prominent investors backing the company include Cello, Motilal Oswal Financial Services and GM Modular.
| Investor | Description | Founded Year | Domain | Location |
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Diversified investment and advisory services are provided to clients.
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AI-based digital lending for personal and gold loans is offered.
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Kitchen appliances, thermoware, and plastic products are manufactured.
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Investor details for EVRides
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Investments & Acquisitions by EVRides
Investment portfolio details for EVRides
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Financial Statements - EVRides
Detailed financials for EVRides
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Evrides Comparisons
Peer comparison for EVRides
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Competitors of EVRides
EVRides 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 Samsara, FourKites, Spireon, Inseego and Quartix, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
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AI and web-based visibility solutions for supply chains are developed.
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SaaS-enabled solutions for fleet and field service management are offered.
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IoT networking hardware and device management platforms are provided.
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GPS vehicle tracking and fleet management solutions are provided.
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Provider of positioning and navigation solutions for farm tractors
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Detailed competitors of EVRides
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Latest news on Evrides
Complete news archive for EVRides
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Frequently Asked Questions about EVRides
EVRides was founded in 2022.
EVRides is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Madhav Arpi Reddy is the current CEO of EVRides. They have also founded this company.
EVRides is a funded company, having raised a total of $122.3K across 1 funding round to date.
As of Apr 01, 2024, the latest employee count at EVRides is 11.
Annual revenue of EVRides is $86.8K as on Mar 31, 2023.
EVRides was founded in 2022 in Hyderabad, India, as an AI and SaaS platform focused on vehicle location tracking. Operations center on providing real-time monitoring and data analytics for fleet management in the transportation sector. Services include integration with vehicle telematics for location-based insights, serving businesses across India through its domain evrides.in. Leadership is provided by Founder and CEO Madhav Arpi Reddy.
EVRides has 6 investors. Key investors include Cello, Motilal Oswal Financial Services, GM Modular, Arvog, and Modak Vyapaar.