Green Ride

Delhi, India Founded: 2015 • Age: 11 yrs
A station-based platform for bicycle rentals.

About Green Ride

Green Ride was a Transportation, Automotive & Logistics company based in Delhi (India) founded in 2015 by Atul Jain. A station-based platform for bicycle rentals. It operates on a B2C model. The company has 1 employees. Its Indian entity Delhi Cycles Private Limited reported revenue of β‚Ή14.1 Lakh. The company is recorded as dissolved. Its focus areas include Transportation and Logistics, Mobility Services, Bicycle Sharing and Rental Platforms. Its competitors include Bycyshare Technologies, MYBYK and Chartered Bike; 1 of its 3 listed competitors has raised funding.

Company details

Green Ride, established in 2015 and currently in Dissolved stage, focuses on transportation and logistics, mobility services, offering bicycle sharing, and rental platforms. A station-based platform for bicycle rentals. Adapting to market demands with innovation and client-focused strategies. It continues to evolve, meeting industry challenges with strategic approaches.

  • Headquarters Delhi, India
  • Employees 1
  • Founders Atul Jain
  • Sectors
    Transportation, Automotive & Logistics
  • Website greenride.in
  • Legal Name Delhi Cycles Private Limited
  • Date of Incorporation 20 Jul, 2009
  • Jurisdiction Delhi, India
Key Metrics
  • Annual Revenue
    ₹14.1 Lakh

    FY 2024 · -81% YoY

  • Net Loss
    -₹4.8 Lakh

    FY 2024 · -34% margin

  • EBITDA
    ₹1.8 Lakh

    FY 2024 · 13% margin

  • Employee Count
    1

Board of directors of Delhi Cycles Private Limited (Green Ride)

Delhi Cycles Private Limited is the primary company behind Green Ride. The board of Delhi Cycles Private Limited currently have 2 directors; the longest-serving is Atul Jain, appointed in 2016. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Atul Jain
DIN 07493671
Director15 Apr 201610 yrs 6 moDelhi Cycles Private Limited
Tarun Mehrishi
DIN 02281712
Director30 Nov 20232 yrs 11 moDelhi Cycles Private Limited

People of Green Ride

1 people are tracked at Green Ride (1 in leadership); the tracked headcount is 1.

NameRoleGroup
FounderLeadership
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Financials of Green Ride

Figures of Delhi Cycles Private Limited, the primary company behind Green Ride, for FY 2024. Revenue was ₹14.1 Lakh (-81% year on year). Net loss was -₹4.8 Lakh (-34% margin). EBITDA was ₹1.8 Lakh (13% margin). Revenue has grown at a compounded annual rate of -39% over three years and -30% over five years.

  • ₹14.1 LakhRevenue · FY 2024 · -81% YoY
  • -₹4.8 LakhNet loss · -34% margin
  • ₹1.8 LakhEBITDA · 13% margin
  • ₹10 LakhPaid-up capital
  • 1Employees (provident fund records)
  • -39%Revenue CAGR, 3 years
  • -30%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Delhi Cycles Private Limited are on its company page.

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Detailed financial statements for Green Ride

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Competitors of Green Ride

Green Ride has 3 listed competitors in our database, 1 of them funded. They include Bycyshare Technologies, MYBYK and Chartered Bike.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
2017Delhi, India909
Bicycles are rented online and unlocked via QR code scans.
mybyk.in2014Ahmedabad, India$1.34M42
Subscription-based bicycle rentals are enabled via a mobile app.
charteredbike.in2017Ahmedabad, India94
Electric vehicle subscription and leasing provider for personal and commercial use
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Detailed competitors of Green Ride

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Top companies in Two Wheeler Rental Services

3 companies that operate in the same segment as Green Ride (Two Wheeler Rental Services) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Financial services encompassing loans, investments, and insurance are delivered in India.
1979Mumbai, Maharashtra, IndiaUSD 1.94 B
Manufactures and markets retro-inspired motorcycles with modern features.
1929Pune, Maharashtra, IndiaUSD 80.67 M100
Offers bike listings, prices, reviews, and comparisons for consumers.
2012Mumbai, Maharashtra, India
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Frequently Asked Questions about Green Ride

Green Ride was founded in 2015.

Green Ride is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Green Ride has 1 employees.

The primary company behind Green Ride, Delhi Cycles Private Limited, reported revenue of β‚Ή14.1 Lakh for FY 2024, down 81% year on year.

Green Ride, established in 2015 and currently in Dissolved stage, focuses on transportation and logistics, mobility services, offering bicycle sharing, and rental platforms. A station-based platform for bicycle rentals. Adapting to market demands with innovation and client-focused strategies. It continues to evolve, meeting industry challenges with strategic approaches.

Green Ride's top competitors include MYBYK, Chartered Bike and Bycyshare Technologies.

Green Ride operates through Delhi Cycles Private Limited.

The legal entities of Green Ride currently have 2 directors, including Atul Jain, Tarun Mehrishi.

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