Moovlee

Bengaluru, India Founded: 2016 • Age: 10 yrs
Mobile application based network to connect local taxi operators with passengers

About Moovlee

Moovlee is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2016 by Akanksha Dixit, Amlan Dutta, and Soumyadip Mitra. Mobile application based network to connect local taxi operators with passengers. Moovlee has raised $65.41 thousand across 2 funding rounds from investors including Aseem Gupta, Bhavna B Shah and Hitesh Dhirajlal Shah. Moovlee was last valued at $289.69 thousand in September 2017. Its chief executive, as recorded, is Amlan Dutta. Its Indian entity Xenops Technologies Private Limited reported revenue of β‚Ή1.6 Lakh. Its focus areas include Consumer, Road Transport Tech, Ride Hailing and Cars. Its competitors include Savaari, Meru and Gozocabs; 3 of its 3 listed competitors have raised funding.

Company details

Moovlee was founded in 2016 in Bengaluru, India, as a mobile application network in the ride-hailing sector. Passengers are enabled to book local taxis through a map-based interface, while operators share real-time vehicle availability. Fleet management tools and business reports are provided for partners, including South Zone Taxi, Smart Cabs, and Jia Taxi, facilitating operations across the region.

  • Headquarters Bengaluru, India
  • Founders Akanksha Dixit, Amlan Dutta, Soumyadip Mitra
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website moovlee.com
  • Social LinkedIn X Facebook
  • Legal Name Xenops Technologies Private Limited
  • Date of Incorporation 10 May, 2016
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹1.6 Lakh

    FY 2017

  • Net Loss
    -₹15.5 Lakh

    FY 2017 · -943% margin

  • EBITDA
    -₹21.5 Lakh

    FY 2017 · -1307% margin

  • Total Equity Funding
    $65.41K (USD)

    in 2 rounds

  • Latest Funding Round
    $31.38K (USD), Angel Round

    Sep 2017

Funding Insights of Moovlee

Moovlee has successfully raised a total of $65.41K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $31.38 thousand completed in September 2017. 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 $65,405
  • Total Rounds 2
  • Last Round Angel Round β€” $31,378
  • First Round $34,027

    (Aug 2016)

  • Investors Count 10

All 2 funding rounds of Moovlee with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2017$31,378Angel Round$289,692Bhavna B Shah
Aug 2016$34,027Seed$116,735Sailaja Kanamarlapudi, Aseem Gupta
Valuation history

Last known valuation $289,692 (Sep 2017). 10 investors in total: 1 institutional and 9 angel.

Investors in Moovlee

Moovlee has secured backing from 10 investors, including angel and venture fund investors. Prominent investors backing the company include Aseem Gupta, Bhavna B Shah and Hitesh Dhirajlal Shah.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Travel tech startups are funded by Kabali Ventures venture capital.

Aseem Gupta

Angel investor and entrepreneur, focused on tech startups in India.
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Bhavna B Shah

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Hitesh Dhirajlal Shah

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Amlan Dutta

Angel investor and advisor, focused on early-stage Indian startups.
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Ananya Mitra

Angel investor focusing on Indian startups, ex-entrepreneur in tech and education.
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Akanksha Dixit

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Debarshi Dey

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Sailaja Kanamarlapudi

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Amarnath Jayaram

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Investor details for Moovlee

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 Xenops Technologies Private Limited (Moovlee)

Xenops Technologies Private Limited is the primary company behind Moovlee. The board of Xenops Technologies Private Limited currently have 2 directors; the longest-serving is Akanksha Dixit, appointed in 2016. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Akanksha Dixit
DIN 07495793
Director10 May 201610 yrs 5 moXenops Technologies Private Limited
Ananya Mitra
DIN 07495794
Director10 May 201610 yrs 5 moXenops Technologies Private Limited

People of Moovlee

3 people are tracked at Moovlee (3 in leadership).

NameRoleGroup
Co-FounderLeadership
Founder & CEOLeadership
Soumyadip Mitra
Co-FounderLeadership
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Complete people profiles for Moovlee

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 Moovlee

Figures of Xenops Technologies Private Limited, the primary company behind Moovlee, for FY 2017. Revenue was ₹1.6 Lakh. Net loss was -₹15.5 Lakh (-943% margin). EBITDA was -₹21.5 Lakh (-1307% margin).

  • ₹1.6 LakhRevenue · FY 2017
  • -₹15.5 LakhNet loss · -943% margin
  • -₹21.5 LakhEBITDA · -1307% margin
  • ₹5.7 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Xenops Technologies Private Limited are on its company page.

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Detailed financial statements for Moovlee

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 Moovlee

3 dated milestones of Moovlee across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Moovlee is founded.
  2. Funding First funding round of $34K.
  3. Funding Latest funding round, Angel Round, of $31K.

Competitors of Moovlee

Moovlee has 3 listed competitors in our database, 3 of them funded. They include Savaari, Meru and Gozocabs.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
savaari.com2006Bengaluru, India$5.93M192
App-based intercity ride-hailing aggregator
meru.in2007Mumbai, India$135.07M23
Ride-hailing services are facilitated via an app-based platform.
gozocabs.com2012Chandigarh, India$2.17M58
Inter-city taxi bookings are enabled via a mobile app platform.
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Detailed competitors of Moovlee

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Road Transport Tech

3 companies that operate in the same segment as Moovlee (Road Transport Tech) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Ride-hailing, electric vehicles, and financial solutions are provided via app.
2010Bengaluru, Karnataka, IndiaUSD 3.83 BUSD 278.63 M2,473
Operator of a bike taxi aggregation service, offering intra-city travel and first-mile, last-mile connectivity solutions
2015Bengaluru, Karnataka, IndiaUSD 826.75 MUSD 19.11 M817
Electric ride-hailing and cab services are provided via mobile app.
2019Mumbai, Maharashtra, IndiaUSD 168.52 M
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Frequently Asked Questions about Moovlee

Moovlee was founded in 2016.

Moovlee is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Amlan Dutta is the CEO of Moovlee, as recorded in our data. They have also founded this company.

Moovlee is a funded company, having raised a total of $65.41K across 2 funding rounds to date. The company's 1st funding round was a Seed of $34.03K, raised on Aug 2016.

The primary company behind Moovlee, Xenops Technologies Private Limited, reported revenue of β‚Ή1.6 Lakh for FY 2017.

Moovlee was founded in 2016 in Bengaluru, India, as a mobile application network in the ride-hailing sector. Passengers are enabled to book local taxis through a map-based interface, while operators share real-time vehicle availability. Fleet management tools and business reports are provided for partners, including South Zone Taxi, Smart Cabs, and Jia Taxi, facilitating operations across the region.

Moovlee's top competitors include Savaari, Gozocabs and Meru.

Moovlee has 10 investors. Key investors include Aseem Gupta, Bhavna B Shah, Hitesh Dhirajlal Shah, Amlan Dutta, and Ananya Mitra.

The valuation of Moovlee is $289.69K as of Sep 2017.

Moovlee operates through Xenops Technologies Private Limited.

The legal entities of Moovlee currently have 2 directors, including Akanksha Dixit, Ananya Mitra.

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