About Lifto
Lifto was a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 2015 by Nikhil Agarwal, Priyanka Agrawal, and Vikesh Agrawal. A mobile application providing ride-sharing services for users. It operates on a B2C model. Lifto has raised $130 thousand across 1 funding round from investors including Okler, Dheeraj Mehta and Ajay Dani. Lifto was last valued at $757.94 thousand in October 2015. Its Indian entity Teilen Infoservices Private Limited reported revenue of ₹1.5 Lakh. The company is recorded as dissolved. Its focus areas include Transportation, Mobility Services, Ride-Sharing and App-Based Solutions.
Company details
Lifto, founded in 2015 in Mumbai, India, focuses on providing transportation services, mobility services, providing ride-sharing services, and app-based solutions. A mobile application providing ride-sharing services for users. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Mumbai, India
- Founders Nikhil Agarwal, Priyanka Agrawal, Vikesh Agrawal
- SectorsTransportation, Automotive & Logistics
- Website lifto.in
- Social X
- Legal Name Teilen Infoservices Private Limited
- Date of Incorporation 21 Apr, 2015
- Jurisdiction Chhattisgarh, India
- Annual Revenue₹1.5 Lakh
FY 2016
- Net Loss-₹67.6 Lakh
FY 2016 · -4456% margin
- EBITDA-₹62.9 Lakh
FY 2016 · -4146% margin
- Total Equity Funding$130K (USD)
in 1 rounds
- Latest Funding Round$130K (USD), Seed
Oct 2015
- InvestorsOkler
& 15 more
Associated legal entities of Lifto
Lifto operates through Teilen Infoservices Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2016) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Teilen Infoservices Private Limited CIN U72200CT2015PTC001726 | Strike Off | 21 Apr 2015 | Durg, Chhattisgarh | ₹0.0 Cr | 2 | View details |
Funding Insights of Lifto
Lifto has successfully raised a total of $130K through 1 strategic funding round. The most recent funding activity was a Seed round of $130 thousand completed in October 2015. 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 $130,000
- Total Rounds 1
- Last Round Seed — $130,000
- First Round $130,000
(Oct 2015)
- Investors Count 16
All 1 funding rounds of Lifto 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 |
|---|---|---|---|---|---|
| Oct 2015 | $130,000 | Seed | $757,938 | Okler |
Last known valuation $757,938 (Oct 2015). 16 investors in total: 1 institutional and 15 angel.
Investors in Lifto
Lifto has secured backing from 16 investors, including institutional and angel investors. Prominent investors backing the company include Okler, Dheeraj Mehta and Ajay Dani.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Operates a digital hub for buying medicine, booking diagnostic tests, and home healthcare. | 2014 | okler.com | Mumbai, India | |
DM Dheeraj Mehta | Angel investor and entrepreneur, focused on tech startups in India. | unknown_0dc59ee477594ff9a | ||
AD Ajay Dani | unknown_4ef6087350024470b | |||
RG Rahul Garg | Founder of Moglix, leading B2B e-commerce platform, active angel investor | unknown_765fb4aa1239433db | ||
RD Rishi Diwan | Angel investor and entrepreneur, focused on tech startups in India. | unknown_f05d6613cc1e4f37a | ||
AP Avijoy Paul | unknown_3f7aca54b9b0481ba | |||
MM Mohan Mathew Antony | unknown_490c34b0d2384482b | |||
RR Rajesh R Pal | unknown_92ce31e1c6224773b | |||
GM Gaurang Mittal | unknown_2577ec36296b4509b | |||
VS Vivek Shah | Angel investor and entrepreneur, focused on tech startups in India. | unknown_735461b52f4844e7a |
Investor details for Lifto
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Teilen Infoservices Private Limited (Lifto)
Teilen Infoservices Private Limited is the primary company behind Lifto. The board of Teilen Infoservices Private Limited currently have 2 directors; the longest-serving is Nikhil Agrawal, appointed in 2015. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nikhil Agrawal DIN 03246800 | Director | 21 Apr 2015 | 11 yrs 6 mo | Teilen Infoservices Private Limited |
| Priyanka Agrawal DIN 03246806 | Director | 21 Apr 2015 | 11 yrs 6 mo | Teilen Infoservices Private Limited |
People of Lifto
3 people are tracked at Lifto (3 in leadership).
| Name | Role | Group |
|---|---|---|
Nikhil Agarwal | Co-Founder | Leadership |
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Lifto
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Lifto
Figures of Teilen Infoservices Private Limited, the primary company behind Lifto, for FY 2016. Revenue was ₹1.5 Lakh. Net loss was -₹67.6 Lakh (-4456% margin). EBITDA was -₹62.9 Lakh (-4146% margin).
- ₹1.5 LakhRevenue · FY 2016
- -₹67.6 LakhNet loss · -4456% margin
- -₹62.9 LakhEBITDA · -4146% margin
- ₹1.2 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Teilen Infoservices Private Limited are on its company page.
Detailed financial statements for Lifto
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Lifto
2 dated milestones of Lifto, from founding to its latest funding, stage changes and deals.
- Founded Lifto is founded.
- Funding First funding round of $130K.
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Related news about Lifto
Complete news archive for Lifto
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- Full article archive
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- Older coverage
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Frequently Asked Questions about Lifto
Lifto was founded in 2015.
Lifto is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Lifto is a funded company, having raised a total of $130K across 1 funding round to date. The company's 1st funding round was a Seed of $130K, raised on Oct 2015.
The primary company behind Lifto, Teilen Infoservices Private Limited, reported revenue of ₹1.5 Lakh for FY 2016.
Lifto, founded in 2015 in Mumbai, India, focuses on providing transportation services, mobility services, providing ride-sharing services, and app-based solutions. A mobile application providing ride-sharing services for users. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Lifto has 16 investors. Key investors include Okler, Dheeraj Mehta, Ajay Dani, Rahul Garg, and Rishi Diwan.
The valuation of Lifto is $757.94K as of Oct 2015.
Lifto operates through Teilen Infoservices Private Limited.
The legal entities of Lifto currently have 2 directors, including Nikhil Agrawal, Priyanka Agrawal.