About Luxury Ride
Luxury Ride is a company based in Delhi (India) founded in 2022 by Dhianu Das, Vishal Singh, Vikram Pannu, and Sumit Garg. It operates as a B2C. Luxury Ride has raised $1 million across 1 funding round. The company has 45 employees as of February 29, 2024. Luxury Ride operates in a competitive market with competitors including Spinny, CarDekho, CarWale, Droom and CarTrade Tech, among others.
- Headquarter Delhi, India
- Employees 45 as on 29 Feb, 2024
- Founders Dhianu Das, Vishal Singh, Vikram Pannu, Sumit Garg
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
$5.78 M (USD)0as on Mar 31, 2021
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Net Profit
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EBITDA
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Total Equity Funding
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Seed
Apr 23, 2019
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Investors
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Employee Count
45
as on Feb 29, 2024
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Funding Insights of Luxury Ride
Luxury Ride has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in April 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.0M
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First Round
First Round
(23 Apr 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2019 | Amount | Seed - Luxury Ride | Valuation |
investors |
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Investments & Acquisitions by Luxury Ride
Financial Statements - Luxury Ride
Luxury Ride Comparisons
Competitors of Luxury Ride
Luxury Ride 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 Spinny, CarDekho, CarWale, Droom and CarTrade Tech, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Retailer of inspected, certified pre-owned vehicles with service and finance options
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| domain | founded_year | HQ Location |
Retailer of new automobiles, used vehicles, and related automotive news
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| domain | founded_year | HQ Location |
Second-hand cars are listed online to connect buyers and sellers.
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| domain | founded_year | HQ Location |
Used vehicles are bought and sold through an AI platform.
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| domain | founded_year | HQ Location |
Online marketplace for used cars
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| domain | founded_year | HQ Location |
Multi-brand used cars are traded via an online marketplace platform.
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Frequently Asked Questions about Luxury Ride
Luxury Ride was founded in 2022.
Luxury Ride is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Luxury Ride is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Apr 23, 2019.
As of Feb 29, 2024, the latest employee count at Luxury Ride is 45.
Annual revenue of Luxury Ride is $5.78M as on Mar 31, 2021.
Luxury Ride operates with a B2C model, focusing on dealing with automotive parts, sales, used vehicles, and dealership. Luxury Ride is a dealer specializing in the sale of high-quality used cars. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.