Hitch Biker

Chennai, India Founded: 2016 • Age: 10 yrs
App-based platform for book taxi or bike services
Annual revenue - Latest available
Total funding $37,958 1 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Hitch Biker

Hitch Biker is a company based in Chennai (India) founded in 2016. Hitch Biker has raised $37.96 thousand across 1 funding round from investors including Adnan Ali, Billy Paul Wilson and Fathima Arzu T P. Hitch Biker operates in a competitive market with competitors including Rapido, Bikxie, Haye, Getbike and RunningRiders, among others.

  • Headquarter Chennai, India
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Blue Corps Creative Private Limited
  • Date of Incorporation 20 Sep, 2016
  • Jurisdiction Chennai, Tamil Nadu, India
Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$2.09 K (USD)
    30
    as on Mar 31, 2018
  • EBITDA
    -$2.04 K (USD)
    30
    as on Mar 31, 2018
  • Total Equity Funding
    $37.96 K (USD)

    in 1 rounds

  • Latest Funding Round
    $37.96 K (USD), Angel Round

    Jan 19, 2019

  • Investors

    & 8 more

  • Employee Count
    Not available
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Funding Insights of Hitch Biker

Hitch Biker has successfully raised a total of $37.96K through 1 strategic funding round. The most recent funding activity was a Angel Round of $37.96 thousand completed in January 2019. 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 Hitch Biker

Hitch Biker has secured backing from 9 investors, including angel investors. Prominent investors backing the company include Adnan Ali, Billy Paul Wilson and Fathima Arzu T P.

All
Angel
Investor Description Founded Year Domain Location

Adnan Ali

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Billy Paul Wilson

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Fathima Arzu T P

-
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Investor details for Hitch Biker

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Hitch Biker

Investments
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Investment portfolio details for Hitch Biker

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  • Transaction dates
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Financial Statements - Hitch Biker

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Detailed financials for Hitch Biker

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Hitch Biker Comparisons

Hitch Biker Primary company
Description
App-based platform for book taxi or bike services
Location
Chennai, India
Founded Year
2016
Annual Revenue
Not available
Net Profit
-$2.09 K (USD)
EBITDA
-$2.04 K (USD)
Employees
Not available
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Peer comparison for Hitch Biker

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Competitors of Hitch Biker

Hitch Biker 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, Getbike 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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Bike taxis are booked via a mobile application in Gurugram.
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Functions as an app-based aggregator for bike ride-hailing services.
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Bike taxis are hailed via a mobile app in Hyderabad.
Locked Locked Locked
Two-wheeler pooling is enabled via an online platform for commuters.
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Detailed competitors of Hitch Biker

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Latest news on Hitch Biker

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Complete news archive for Hitch Biker

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Frequently Asked Questions about Hitch Biker

Hitch Biker was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Hitch Biker is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Hitch Biker is a funded company, having raised a total of $37.96K across 1 funding round to date.

Hitch Biker was founded in 2016 in Chennai, India, as an app-based service in the transportation sector. Rides for taxis or bikes are facilitated through the platform, where bookings are made based on specified pickup and drop-off locations. The application is accessible on both Android and iOS devices, supporting urban mobility needs in the region.

Hitch Biker's top competitors include Rapido, Bikxie and Pillion Rides.

Hitch Biker has 9 investors. Key investors include Adnan Ali, Billy Paul Wilson, Fathima Arzu T P, Alok Thomas Paul, and Aqeel Junaize.

The valuation of Hitch Biker is $108.06K as of Jan 2019.

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