About Motolines
Motolines is a company based in Manama (Bahrain) founded in 2020 by Ahmed Ashoor.. Motolines has raised $82 thousand across 1 funding round from investors including Hope Ventures. Motolines operates in a competitive market with competitors including Copart, Pendragon, COYOTE, Bahcar and BH Auto Trader, among others.
- Headquarter Manama, Bahrain
- Founders Ahmed Ashoor
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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
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Net Profit
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EBITDA
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Total Equity Funding
$82 K (USD)
in 1 rounds
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Latest Funding Round
$82 K (USD), Seed
Feb 14, 2024
- Investors
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Employee Count
Employee Count
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Funding Insights of Motolines
Motolines has successfully raised a total of $82K through 1 strategic funding round. The most recent funding activity was a Seed round of $82 thousand completed in February 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 1
- Last Round Seed — $82,000
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First Round
First Round
(14 Feb 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Seed - Motolines | Valuation | Hope Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Motolines
Motolines has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Hope Ventures. 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 |
|---|---|---|---|---|
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Hope Ventures is focused on empowering Bahraini entrepreneurs through investment.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Motolines
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Motolines
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Motolines Comparisons
Competitors of Motolines
Motolines 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 Copart, Pendragon, COYOTE, Bahcar and BH Auto Trader, 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 |
Used and salvaged vehicles are offered via an online marketplace.
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| domain | founded_year | HQ Location |
Car dealership, repair, and leasing services are provided.
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| domain | founded_year | HQ Location |
Integrated solutions for fleet management and vehicle tracking
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| domain | founded_year | HQ Location |
An online platform listing new and used cars for sale in Bahrain.
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| domain | founded_year | HQ Location |
Operates an online portal for buying and selling new and used vehicles.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Motolines
When was Motolines founded?
Motolines was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Where is Motolines located?
Motolines is headquartered in Manama, Bahrain.
Who is the current CEO of Motolines?
Ahmed Ashoor is the current CEO of Motolines. They have also founded this company.
Is Motolines a funded company?
Motolines is a funded company, having raised a total of $82K across 1 funding round to date. The company's 1st funding round was a Seed of $82K, raised on Feb 14, 2024.
What does Motolines do?
Motolines was established in 2020 in Manama, Bahrain, as an e-commerce platform focused on the automotive sector. A range of car parts, including tires, and related services are offered through the platform to facilitate online purchases. Operations are centered in Bahrain, with the goal of supporting automotive needs for local customers. The company is led by founder and CEO Ahmed Ashoor.
Who are the top competitors of Motolines?
Who are Motolines's investors?
Motolines has 1 investor. Key investors include Hope Ventures.