About LETZRYD
LETZRYD is a company based in Bengaluru (India) founded in 2023 by Kushagra Dokania, Sarvagna G, and Tarun Jain. LETZRYD has raised $5.11 million across 3 funding rounds from investors including UNLEASH Capital Partners, 15th Rock and Sanjay Kumar Agarwal. LETZRYD offers products and services including Ride-Hailing App, Driver Partnership Program, and Investor Opportunities. LETZRYD operates in a competitive market with competitors including Uber, Savaari, Meru, TaxiForSure and Gozocabs, among others.
- Headquarter Bengaluru, India
- Founders Kushagra Dokania, Sarvagna G, Tarun Jain
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Samvreeddhi Mobility Private Limited
- Date of Incorporation 27 Oct, 2023
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$13.39 K (USD)0as on Mar 31, 2024
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Net Profit
-$11.1 K (USD)0as on Mar 31, 2024
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EBITDA
-$12.98 K (USD)0as on Mar 31, 2024
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Total Equity Funding
$5.11 M (USD)
in 3 rounds
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Latest Funding Round
$4 M (USD), Series A
Mar 23, 2026
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Investors
UNLEASH Capital Partners
& 2 more
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Employee Count
Employee Count
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Products & Services of LETZRYD
LETZRYD offers a comprehensive portfolio of products and services, including Ride-Hailing App, Driver Partnership Program, and Investor Opportunities.
App for booking efficient and safe urban rides
Program to onboard drivers as micro-entrepreneurs
Platform for investing in urban mobility expansion
People of LETZRYD
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Funding Insights of LETZRYD
LETZRYD has successfully raised a total of $5.11M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in March 2026. 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 3
- Last Round Series A — $4.0M
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First Round
First Round
(10 Jun 2024)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2026 | Amount | Series A - LETZRYD | Valuation |
investors |
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| Sep, 2024 | Amount | Seed - LETZRYD | Valuation | UNLEASH |
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| Jun, 2024 | Amount | Seed - LETZRYD | Valuation |
investors |
Investors in LETZRYD
LETZRYD has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include UNLEASH Capital Partners, 15th Rock and Sanjay Kumar Agarwal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital fund investing in early-stage tech startups
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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SK
Sanjay Kumar Agarwal |
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Founded Year | Domain | Location |
Investments & Acquisitions by LETZRYD
Financial Statements - LETZRYD
Letzryd Comparisons
Competitors of LETZRYD
LETZRYD 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 Uber, Savaari, Meru, TaxiForSure and Gozocabs, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
An online platform providing ride-hailing and food delivery services
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| domain | founded_year | HQ Location |
App-based intercity ride-hailing aggregator
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| domain | founded_year | HQ Location |
Ride-hailing services are facilitated via an app-based platform.
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| domain | founded_year | HQ Location |
Car rental aggregator
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| domain | founded_year | HQ Location |
Inter-city taxi bookings are enabled via a mobile app platform.
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| domain | founded_year | HQ Location |
Three-wheeler rides are booked via an app-based platform.
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Frequently Asked Questions about LETZRYD
LETZRYD was founded in 2023 and raised its 1st funding round 1 year after it was founded.
LETZRYD is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
LETZRYD is a funded company, having raised a total of $5.11M across 3 funding rounds to date. The company's 1st funding round was a Seed of $107.75K, raised on Jun 10, 2024.
Annual revenue of LETZRYD is $13.39K as on Mar 31, 2024.
LETZRYD was founded in 2023 in Bengaluru, India, as an online ride-hailing platform in the transportation sector. Rides are booked by users through the service, where location, personal details, payment information, and preferred dates are provided. Operations focus on facilitating seamless connections between riders and drivers within urban areas, with the domain letzryd.com serving as the primary access point.
LETZRYD's top competitors include Uber, Savaari and TaxiForSure.
LETZRYD offers Ride-Hailing App, Driver Partnership Program, and Investor Opportunities.
LETZRYD has 3 investors. Key investors include UNLEASH Capital Partners, 15th Rock, and Sanjay Kumar Agarwal.