About MyOfficeCab
MyOfficeCab is a company based in Bengaluru (India) founded in 2014.. MyOfficeCab has raised $74.75 thousand across 3 funding rounds from investors including IAMAI, Durga Sukeerthi Narkedamilly and Surya Kumari Narkedamilly. MyOfficeCab operates in a competitive market with competitors including Lithium Urban Technologies, COCO Rides, eee-Taxi, Easy2Commute and TrustPool, among others.
- Headquarter Bengaluru, India
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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
*********
- Legal Name Bhsavi Cab Services Private Limited
- Date of Incorporation 11 May, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$82.06 K (USD)0as on Mar 31, 2016
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Net Profit
$-26 K (USD)0as on Mar 31, 2016
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EBITDA
$-23.99 K (USD)0as on Mar 31, 2016
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Total Equity Funding
$74.75 K (USD)
in 3 rounds
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Latest Funding Round
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Investors
IAMAI
& 5 more
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Employee Count
Employee Count
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Funding Insights of MyOfficeCab
MyOfficeCab has successfully raised a total of $74.75K across 3 strategic funding rounds. 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 Last Round
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First Round
First Round
(31 Dec 2015)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Seed - MyOfficeCab | Valuation |
investors |
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| Mar, 2016 | Amount | Angel Round - MyOfficeCab | Valuation | Durga Sukeerthi Narkedamilly , Surya Kumari Narkedamilly | |
| Dec, 2015 | Amount | Angel Round - MyOfficeCab | Valuation | Gourishankar Gudla |
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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 MyOfficeCab
MyOfficeCab has secured backing from 6 investors, including institutional and angel investors. Prominent investors backing the company include IAMAI, Durga Sukeerthi Narkedamilly and Surya Kumari Narkedamilly. 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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Advocacy for internet, mobile, and digital sectors in India.
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Founded Year | Domain | Location | |
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DS
Durga Sukeerthi Narkedamilly |
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|
Founded Year | Domain | Location |
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SK
Surya Kumari Narkedamilly |
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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.
|
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.
|
Founded Year | Domain | Location |
Investments & Acquisitions by MyOfficeCab
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - MyOfficeCab
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Myofficecab Comparisons
Competitors of MyOfficeCab
MyOfficeCab 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 Lithium Urban Technologies, COCO Rides, eee-Taxi, Easy2Commute and TrustPool, 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 |
Ride-hailing services are booked via an online platform for corporates.
|
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| domain | founded_year | HQ Location |
Shared commuting service for corporate employees via app in Bengaluru.
|
|
| domain | founded_year | HQ Location |
Tech-enabled platform offering electric vehicle ride-hailing management solutions
|
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| domain | founded_year | HQ Location |
Offers an online booking platform for corporate carpooling services.
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| domain | founded_year | HQ Location |
Online carpooling services for corporate employees are enabled.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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.
|
Frequently Asked Questions about MyOfficeCab
When was MyOfficeCab founded?
MyOfficeCab was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is MyOfficeCab located?
MyOfficeCab is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is MyOfficeCab a funded company?
MyOfficeCab is a funded company, having raised a total of $74.75K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $30.14K, raised on Dec 31, 2015.
What is the annual revenue of MyOfficeCab?
Annual revenue of MyOfficeCab is $82.06K as on Mar 31, 2016.
What does MyOfficeCab do?
MyOfficeCab was founded in 2014 in Bengaluru, India, where eco-friendly employee transportation services are offered to corporates. A fleet of hatchbacks, sedans, MUVs, and buses is operated using green fuels such as LPG, CNG, and electricity. GPS tracking is employed for monitoring, while automated systems manage routing and allocation. Expansion to Chennai, Hyderabad, and Pune is planned. Incubation at IAMAIs Mobile 10X Apps Hub was secured, along with seed funding.
Who are the top competitors of MyOfficeCab?
MyOfficeCab's top competitors include Lithium Urban Technologies, eee-Taxi and TrustPool.
Who are MyOfficeCab's investors?
MyOfficeCab has 6 investors. Key investors include IAMAI, Durga Sukeerthi Narkedamilly, Surya Kumari Narkedamilly, Nabaneeta Deb, and Dipankar Paul.
What is MyOfficeCab's valuation?
The valuation of MyOfficeCab is $605.52K as of Mar 2016.