About FirstU
FirstU is a company based in Bengaluru (India) founded in 2016 by Muhammed Rizvan. It operates as a B2C. FirstU has raised $367.6 thousand across 2 funding rounds from investors including Angel List, Wellfound and India Quotient. The company has 1 employees. FirstU operates in a competitive market with competitors including GoMechanic, MyTVS, GoBumpr, VehicleCare and Ki Mobility Solutions, among others.
- Headquarter Bengaluru, India
- Employees 1
- Founders Muhammed Rizvan
- Stage Minicorn
- SectorsRetail
- Website firstu.in
- Legal Name Autozo Technologies Private Limited
- Date of Incorporation 28 Jun, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹63.8 Lakh
FY 2021 · -22% YoY
- Net Loss-₹40 Lakh
FY 2021 · -63% margin
- EBITDA-₹34.5 Lakh
FY 2021 · -54% margin
- Total Equity Funding$367.6K (USD)
in 2 rounds
- Latest Funding Round$13.73K (USD), Angel Round
Apr 2021
- InvestorsAngel List
& 12 more
- Employee Count1
Associated legal entities of FirstU
FirstU operates through Autozo Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Autozo Technologies Private Limited CIN U74999KA2016PTC094508 | Active | 28 Jun 2016 | Bangalore, Karnataka | ₹0.6 Cr | – | 2 | View details |
Funding Insights of FirstU
FirstU has successfully raised a total of $367.6K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $13.73 thousand completed in April 2021. 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 $367,601
- Total Rounds 2
- Last Round Angel Round — $13,734
- First Round $353,867
(Oct 2019)
- Investors Count 13
All 2 funding rounds of FirstU with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2021 | $13,734 | Angel Round | $1.58M | Sellappan Abu Kutty | – |
| Oct 2019 | $353,867 | Seed | $1.59M | India Quotient |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2021 | $1.58M | •••••••• |
| Oct 2019 | $1.59M | •••••••• |
Last known valuation $1.58M (Apr 2021). 13 investors in total: 4 institutional and 9 angel.
Investors in FirstU
FirstU has secured backing from 13 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Angel List, Wellfound and India Quotient.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investment and support services for startups in technology and e-commerce sectors. | 2018 | firstcheque.vc | Mumbai, India | |
Investment in Indian startups across technology and fintech sectors. | 2012 | indiaquotient.in | Mumbai, India | |
Startup jobs are connected to individuals via a dedicated platform. | 2013 | wellfound.com | New York, United States | |
Alternative investment platform for startups and investors is operated. | 2010 | angellist.com | San Francisco, United States | |
SA Sellappan Abu Kutty | - | – | unknown_cc629b58a49f49f38 | - |
MM Mumthas Mohammed | - | – | unknown_adfa9e2fac7f4218a | - |
AS Abdul Saleem | Indian angel investor focusing on early-stage tech startups. | – | unknown_47da2f31de044a339 | - |
SB Salma Basheer | - | – | unknown_4b81758a034641a0a | - |
AA Ajay Anand | Founder of Rare Rabbit, active angel investor in Indian startups | – | unknown_03a5423649764ac39 | - |
AC Ashvin Chadha | Angel investor, co-founder of Anicut Capital, focused on early-stage startups | – | unknown_38adab363c0b475fa | - |
Investor details for FirstU
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Autozo Technologies Private Limited (FirstU)
Autozo Technologies Private Limited is the primary company behind FirstU. The board of Autozo Technologies Private Limited currently have 2 directors; the longest-serving is Anwarsadad, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anwarsadad DIN 07541638 | Director | 28 Jun 2016 | 10 yrs 3 mo | Autozo Technologies Private Limited |
| Rizvan Mohammed DIN 07507813 | Director | 28 Jun 2016 | 10 yrs 3 mo | Autozo Technologies Private Limited |
People of FirstU
1 people are tracked at FirstU (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Muhammed Rizvan | Co-Founder | Leadership |
Complete people profiles for FirstU
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of FirstU
Figures of Autozo Technologies Private Limited, the primary company behind FirstU, for FY 2021. Revenue was ₹63.8 Lakh (-22% year on year). Net loss was -₹40 Lakh (-63% margin). EBITDA was -₹34.5 Lakh (-54% margin). Revenue has grown at a compounded annual rate of +32% over three years.
- ₹63.8 LakhRevenue · FY 2021 · -22% YoY
- -₹40 LakhNet loss · -63% margin
- -₹34.5 LakhEBITDA · -54% margin
- ₹1.3 LakhPaid-up capital
- +32%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Autozo Technologies Private Limited are on its company page.
Detailed financial statements for FirstU
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.
Timeline of FirstU
4 dated milestones of FirstU across 5 years, from founding to its latest funding, stage changes and deals.
- Founded FirstU is founded.
- Funding First funding round of $354K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $14K.
Competitors of FirstU
FirstU 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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gomechanic.in | 2016 | Gurugram, India | $62.01M | 171 | Provider of car service and repair network | |
| mytvs.in | 2003 | Chennai, India | $223.22M | 1,292 | Online platform for booking automotive repair and maintenance services | |
| gobumpr.com | 2015 | Chennai, India | $2.66M | 1,051 | App-based garage aggregation for auto repair and maintenance is offered. | |
| vehiclecare.in | 2019 | Gurugram, India | $374,811 | 63 | AI-based car repair and maintenance services are delivered. | |
| kimobility.in | 2020 | Chennai, India | $11.45M | 1,151 | Digital automotive marketplace platform | |
| hoopy.in | 2016 | Bengaluru, India | $1.64M | 45 | Online platform for news articles on sports, entertainment, and current events worldwide. | |
| honc.io | 2020 | Hyderabad, India | $433,296 | 25 | App-based onsite car service, wash and detailing service booking platform | |
| fixcraft.in | 2018 | Gurugram, India | $2.29M | 2 | Online car repair and maintenance services are provided. | |
| carcrew.in | 2015 | Mumbai, India | $2.72M | 17 | Online portal for car servicing |
Detailed competitors of FirstU
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.
Similar companies to FirstU
10 companies that operate in the same segment as FirstU (Subscription & Video Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Collectibles are auctioned through live videos on a mobile app. | 2019 | Marina Del Rey, California, United States | USD 2.06 B | – | – | |
Influencer-recommended multi-category fashion items are retailed online. | 2009 | Singapore, Singapore | USD 64 M | USD 108.4 M | – | |
Multi-category products are traded via an app-based video commerce platform. | 2019 | El Segundo, California, United States | USD 235.75 M | – | – | |
Provider of a cloud-based software tool to create shoppable and interactive videos | 2017 | Redwood City, California, United States | USD 248.5 M | – | – | |
Multi-category fashion products are streamed live via a mobile app. | 2018 | London, England, United Kingdom | USD 58.5 M | – | – | |
Live streaming storefronts are enabled by an online SaaS platform. | 2017 | Huntsville, Alabama, United States | – | – | – | |
Providing solution for live video streaming for businesses | 2007 | Stockholm, Sweden | USD 4.02 M | USD 9.02 M | 78 | |
Social commerce platform for users to discover and share recommendations | 2016 | Bengaluru, Karnataka, India | USD 65.91 M | USD 693.59 K | 15 | |
Live Auctions platform | 2002 | New York, New York, United States | USD 47.6 M | – | – | |
Makeup, skincare, and personal care products are retailed online. | 2017 | Bengaluru, Karnataka, India | USD 5.35 M | USD 994.46 K | 76 |
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Frequently Asked Questions about FirstU
FirstU was founded in 2016 and raised its 1st funding round 3 years after it was founded.
FirstU is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
FirstU is a funded company, having raised a total of $367.6K across 2 funding rounds to date. The company's 1st funding round was a Seed of $353.87K, raised on Oct 2019.
FirstU has 1 employees.
The primary company behind FirstU, Autozo Technologies Private Limited, reported revenue of ₹63.8 Lakh for FY 2021, down 22% year on year.
FirstU offers subscription-based periodic services for automobile maintenance and care, focusing on dealing with automotive parts, providing essential services, maintenance, and subscription models. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
FirstU's top competitors include GoMechanic, MyTVS and VehicleCare.
FirstU has 13 investors. Key investors include Angel List, Wellfound, India Quotient, First Cheque, and Sellappan Abu Kutty.
The valuation of FirstU is $1.58M as of Apr 2021.
FirstU operates through Autozo Technologies Private Limited.
The legal entities of FirstU currently have 2 directors, including Anwarsadad, Rizvan Mohammed.