About inDrive
inDrive is a company based in Mountain View (United States) founded in 2012 by Arsen Tomsky.. inDrive has raised $387 million across 6 funding rounds from investors including General Catalyst, Insight Partners and BOND. The company has 109 employees as of April 04, 2024. inDrive offers products and services including City Rides, Courier Delivery, Freight Delivery, and inDrive.Money. inDrive operates in a competitive market with competitors including Grab, Bolt, Gozem, YASSIR and Yummy, among others.
- Headquarter Mountain View, United States
- Employees 109 04 Apr 2024
- Founders Arsen Tomsky
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Indsystems It Private Limited
- Date of Incorporation 04 Mar 2021
- Jurisdiction New Delhi, Delhi, India
-
Annual Revenue
$1.9 M (USD)450.73as on Mar 31, 2023
-
Net Profit
$-1.12 M (USD)-359.3as on Mar 31, 2023
-
EBITDA
$-1.09 M (USD)-502.19as on Mar 31, 2023
-
Total Equity Funding
$387 M (USD)
in 6 rounds
-
Latest Funding Round
$150 M (USD), Series C
Mar 15, 2024
-
Investors
General Catalyst
& 3 more
-
Employee Count
109
as on Apr 04, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services by inDrive
inDrive offers a comprehensive portfolio of products and services, including City Rides, Courier Delivery, Freight Delivery, and inDrive.Money. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for negotiating and booking urban transportation services.
Platform for express courier and freight transport options.
Service for transporting and tracking cargo for businesses.
Tool providing access to transparent financial options.
Unlock access to complete
Software Development Team
77 people
Sales and Marketing
40 people
Product Management Team
31 people
Senior Team
24 people
Human Resources and Administration
24 people
Data Analysis and Operations Team
23 people
Leadership Team
13 people
Operations Team
12 people
Unlock access to complete
Funding Insights of inDrive
inDrive has successfully raised a total of $387M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $150 million completed in March 2024. 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 Total Funding
- Total Rounds 6
- Last Round Series C — $150.0M
-
First Round
First Round
(07 Sep 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Series C - inDrive | Valuation | General Catalyst |
|
| Feb, 2023 | Amount | Debt – Conventional - inDrive | Valuation |
investors |
|
| Feb, 2021 | Amount | Series C - inDrive | Valuation | Insight Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in inDrive
inDrive has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include General Catalyst, Insight Partners and BOND. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investment and transformation services for entrepreneurs in technology and finance sectors.
|
Founded Year | Domain | Location | |
|
Investment firm scaling software and technology companies from early to late stages.
|
Founded Year | Domain | Location | |
|
Investments in multiple sectors are made by Bond Capital.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by inDrive
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - inDrive
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Indrive Comparisons
Competitors of inDrive
inDrive 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 Grab, Bolt, Gozem, YASSIR and Yummy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Ride-hailing and on-demand delivery services are aggregated via mobile app.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
Ride-hailing and on-demand services are aggregated through a mobile app.
|
|
| domain | founded_year | HQ Location |
Ride-hailing and on-demand services are facilitated through a mobile app.
|
|
| domain | founded_year | HQ Location |
A SuperApp for delivery and marketplace services in LATAM is operated.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Indrive
Frequently Asked Questions about inDrive
When was inDrive founded?
inDrive was founded in 2012 and raised its 1st funding round 5 years after it was founded.
Where is inDrive located?
inDrive is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Who is the current CEO of inDrive?
Arsen Tomsky is the current CEO of inDrive. They have also founded this company.
Is inDrive a funded company?
inDrive is a funded company, having raised a total of $387M across 6 funding rounds to date. The company's 1st funding round was a Series C of $150M, raised on Sep 07, 2017.
How many employees does inDrive have?
As of Apr 04, 2024, the latest employee count at inDrive is 109.
What is the annual revenue of inDrive?
Annual revenue of inDrive is $1.9M as on Mar 31, 2023.
What does inDrive do?
inDrive was founded in 2012 and is headquartered in Mountain View, United States. An app-based platform is operated for booking various services, including taxi rides, courier deliveries, freight transport, and beauty care. Users submit locations, service types, and payment information through the app, which is accessible on Android and iOS devices. Operations focus on facilitating on-demand service connections across multiple categories.
What products or services does inDrive offer?
inDrive offers City Rides, Courier Delivery, Freight Delivery, and inDrive.Money.
Who are inDrive's investors?
inDrive has 4 investors. Key investors include General Catalyst, Insight Partners, BOND, and Leta Capital.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.