About HopOn
HopOn is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2012. It operates as an employee transportation is managed via SaaS-enabled solutions for corporates. HopOn has raised $120.31 thousand across 2 funding rounds from investors including Times Internet and TLabs. The company has 1 employees. HopOn was last valued at $1.34 million in July 2016. Its Indian entity Creshya Technologies Private Limited reported revenue of ₹5.97 Cr. Its focus areas include Consumer, Road Transport Tech, Employee Transport Management and Software. Its competitors include VOLL, Fleet Star, Fleet, RideAmigos and TaxiVaxi and 3 more; 3 of its 8 listed competitors have raised funding.
Company details
HopOn was founded in 2012 in Bengaluru, India, and operates in the employee transportation management sector. End-to-end solutions are provided through a SaaS platform, including features such as live tracking and SOS alerts. Services are tailored for corporate clients, with examples including TE Connectivity and Sadvine Technologies. Operations focus on streamlining transport logistics across organizations in the region.
- Headquarters Bengaluru, India
- Employees 1
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Website hopon.co.in
- Social LinkedIn X Facebook
- Legal Name Creshya Technologies Private Limited
- Date of Incorporation 09 Oct, 2012
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹5.97 Cr
FY 2022 · +119% YoY
- Net Profit₹7.1 Lakh
FY 2022 · 1% margin
- EBITDA₹10.5 Lakh
FY 2022 · 2% margin
- Total Equity Funding$120.31K (USD)
in 2 rounds
- Latest Funding Round$75.45K (USD), Seed
Jul 2016
- InvestorsTimes Internet
& 1 more
- Employee Count1
Associated legal entities of HopOn
HopOn operates through Creshya Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Creshya Technologies Private Limited CIN U72200KA2012PTC066206 | Active | 09 Oct 2012 | Bengaluru, Karnataka | ₹6.0 Cr | – | 5 | View details |
Funding Insights of HopOn
HopOn has successfully raised a total of $120.31K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $75.45 thousand completed in July 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.
- Total Funding $120,312
- Total Rounds 2
- Last Round Seed — $75,448
- First Round $44,864
(Nov 2015)
- Investors Count 2
All 2 funding rounds of HopOn 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 |
|---|---|---|---|---|---|
| Jul 2016 | $75,448 | Seed | $1.34M | TLabs, Times Internet | – |
| Nov 2015 | $44,864 | Seed | $507,358 | TLabs, Times Internet | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2016 | $1.34M | •••••••• |
Last known valuation $1.34M (Jul 2016). 2 investors in total: 2 institutional.
Investors in HopOn
HopOn has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Times Internet and TLabs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Consumer internet startups are accelerated and funded by TLabs. | – | tlabs.in | Delhi, India | |
Provider of digital content, advertising solutions, and technology services | 1999 | timesinternet.in | Gurugram, India |
Investor details for HopOn
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Creshya Technologies Private Limited (HopOn)
Creshya Technologies Private Limited is the primary company behind HopOn. The board of Creshya Technologies Private Limited currently have 5 directors; the longest-serving is Vishwas Jayarama, appointed in 2013. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vishwas Jayarama DIN 06629661 | Director | 23 Aug 2013 | 13 yrs 1 mo | Creshya Technologies Private Limited |
| Senthil Radhakrishnan DIN 06788284 | Director | 30 Jan 2015 | 11 yrs 8 mo | Creshya Technologies Private Limited |
| Rajath Raman DIN 07158339 | Director | 01 May 2015 | 11 yrs 5 mo | Creshya Technologies Private Limited |
| Arvind Krishnaswamy DIN 07158299 | Director | 01 May 2015 | 11 yrs 5 mo | Creshya Technologies Private Limited |
| Kumaraswamy Sai Kishore DIN 07158312 | Director | 01 May 2015 | 11 yrs 5 mo | Creshya Technologies Private Limited |
Financials of HopOn
Figures of Creshya Technologies Private Limited, the primary company behind HopOn, for FY 2022. Revenue was ₹5.97 Cr (+119% year on year). Net profit was ₹7.1 Lakh (1% margin). EBITDA was ₹10.5 Lakh (2% margin). Revenue has grown at a compounded annual rate of -37% over three years and +57% over five years.
- ₹5.97 CrRevenue · FY 2022 · +119% YoY
- ₹7.1 LakhNet profit · 1% margin
- ₹10.5 LakhEBITDA · 2% margin
- ₹2.4 LakhPaid-up capital
- -37%Revenue CAGR, 3 years
- +57%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Creshya Technologies Private Limited are on its company page.
Detailed financial statements for HopOn
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of HopOn
4 dated milestones of HopOn across 4 years, from founding to its latest funding, stage changes and deals.
- Founded HopOn is founded.
- Funding First funding round of $45K.
- Funding Latest funding round, Seed, of $75K.
- Milestone Reaches Minicorn status.
Competitors of HopOn
HopOn has 8 listed competitors in our database, 3 of them funded. They include VOLL, Fleet Star, Fleet, RideAmigos and TaxiVaxi, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| govoll.com | 2018 | Belo Horizonte, Brazil | $814,077 | – | Mobility solutions for corporates are facilitated via a marketplace. | |
| fleet-star.com | 2012 | Mumbai, India | – | 5,947 | Offers employee transportation management solutions for businesses. | |
| movewithfleet.com | 2019 | Palo Alto, United States | $2.5M | – | Employee transportation management solutions are provided for workforce commutes. | |
| rideamigos.com | 2007 | Los Angeles, United States | – | – | Offers commute management platform for employers and TDM organizations. | |
| taxivaxi.com | 2014 | Pune, India | $500,000 | 15 | Taxi-hailing services are facilitated via an online platform. | |
| moqo.de | 2016 | Aachen, Germany | – | 26 | Shared-mobility services are enabled for enterprises via SaaS. | |
| olympus-mobility.be | 2015 | Gentbrugge, Belgium | – | 6 | Platform for mobility budget management, services, and administration for businesses and freelancers. | |
| safetrax.in | 2014 | Bengaluru, India | – | 111 | Platform offering employee transport automation and employee benefit solutions |
Detailed competitors of HopOn
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Road Transport Tech
10 companies that operate in the same segment as HopOn (Road Transport Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
An online platform providing ride-hailing and food delivery services | 2009 | San Francisco, California, United States | USD 13.21 B | USD 52.02 B | 34,000 | |
Ride-hailing, electric vehicles, and financial solutions are provided via app. | 2010 | Bengaluru, Karnataka, India | USD 3.83 B | USD 278.63 M | 2,473 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Operator of a bike taxi aggregation service, offering intra-city travel and first-mile, last-mile connectivity solutions | 2015 | Bengaluru, Karnataka, India | USD 798.05 M | USD 19.11 M | 817 | |
Rides and deliveries are facilitated via a mobile app platform. | 2012 | Dubai, Dubai, United Arab Emirates | USD 771.7 M | – | 6,360 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | – | 2,813 | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Bus tickets are booked online via portal and mobile app. | 2006 | Bengaluru, Karnataka, India | USD 10 M | – | – | |
App-based ride-hailing aggregator | 2007 | San Francisco, California, United States | USD 5.02 B | USD 6.32 B | 3,913 |
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Related news about Hopon
Complete news archive for HopOn
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Frequently Asked Questions about HopOn
HopOn was founded in 2012 and raised its 1st funding round 3 years after it was founded.
HopOn is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
HopOn is a funded company, having raised a total of $120.31K across 2 funding rounds to date. The company's 1st funding round was a Seed of $44.86K, raised on Nov 2015.
HopOn has 1 employees.
The primary company behind HopOn, Creshya Technologies Private Limited, reported revenue of ₹5.97 Cr for FY 2022, up 119% year on year.
HopOn was founded in 2012 in Bengaluru, India, and operates in the employee transportation management sector. End-to-end solutions are provided through a SaaS platform, including features such as live tracking and SOS alerts. Services are tailored for corporate clients, with examples including TE Connectivity and Sadvine Technologies. Operations focus on streamlining transport logistics across organizations in the region.
HopOn has 2 investors. Key investors include Times Internet, and TLabs.
The valuation of HopOn is $1.34M as of Jul 2016.
HopOn operates through Creshya Technologies Private Limited.
The legal entities of HopOn currently have 5 directors, including Rajath Raman, Arvind Krishnaswamy, Kumaraswamy Sai Kishore and others.