About Getbike
Getbike is a company based in Hyderabad (India) founded in 2016 was acquired by Rapido in May 2018. Getbike has raised $100 thousand across 1 funding round from investors including Rapido and Vamshi Reddy. Getbike operates in a competitive market with competitors including Rapido, Bikxie, Haye, Hitch Biker and RunningRiders, among others.
- Headquarter Hyderabad, India
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Sectors
Transportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
$4.36 K (USD)-81as on Mar 31, 2019
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Net Profit
-$464 (USD)52as on Mar 31, 2019
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EBITDA
$43.66 (USD)105as on Mar 31, 2019
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Total Equity Funding
$100 K (USD)
in 1 rounds
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Latest Funding Round
$100 K (USD), Angel Round
Dec 21, 2016
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Investors
Rapido
& 1 more
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Employee Count
Not available
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Acquired by
Rapido
(May 23, 2018)
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Funding Insights of Getbike
Getbike has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Angel Round of $100 thousand completed in December 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.
Investors in Getbike
Getbike has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Rapido and Vamshi Reddy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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VR
Vamshi Reddy |
Angel investor and entrepreneur, co-founder of Apna, focusing on HR tech
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Locked | Locked | Locked |
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Operator of a bike taxi aggregation service, offering intra-city travel and first-mile, last-mile connectivity solutions
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Locked | Locked | Locked |
Investor details for Getbike
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Investments & Acquisitions by Getbike
Investment portfolio details for Getbike
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Financial Statements - Getbike
Detailed financials for Getbike
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Getbike Comparisons
Peer comparison for Getbike
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Competitors of Getbike
Getbike 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 Rapido, Bikxie, Haye, Hitch Biker and RunningRiders, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Operator of a bike taxi aggregation service, offering intra-city travel and first-mile, last-mile connectivity solutions
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| Locked | Locked | Locked |
Bike taxis are booked via a mobile application in Gurugram.
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| Locked | Locked | Locked |
Functions as an app-based aggregator for bike ride-hailing services.
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| Locked | Locked | Locked |
App-based platform for book taxi or bike services
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| Locked | Locked | Locked |
Two-wheeler pooling is enabled via an online platform for commuters.
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Detailed competitors of Getbike
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Latest news on Getbike
Complete news archive for Getbike
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Frequently Asked Questions about Getbike
Getbike was founded in 2016.
Getbike is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Getbike is a funded company, having raised a total of $100K across 1 funding round to date.
Annual revenue of Getbike is $4.36K as on Mar 31, 2019.
Getbike was founded in 2016 as a mobile app for hailing bike taxis, operating primarily in Hyderabad, India. Services are extended to commuters, logistics operators, and corporate clients, with partnerships established with entities such as Apollo Healthcare, Limetray, and LT Metro Rail. Operations commenced with 50 bikes, and growth has been reported alongside angel funding from investors including Vamshi Reddy and Venu Veeramaneni.
Getbike's top competitors include Rapido, Bikxie and Pillion Rides.
Getbike has 2 investors. Key investors include Rapido, and Vamshi Reddy.