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
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- 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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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.
| 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 |
Investments & Acquisitions by MyOfficeCab
Financial Statements - MyOfficeCab
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.
| 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.
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| 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.
|
|
| domain | founded_year | HQ Location |
Online carpooling services for corporate employees are enabled.
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Latest news on Myofficecab
Frequently Asked Questions about MyOfficeCab
MyOfficeCab was founded in 2014 and raised its 1st funding round 1 year after it was founded.
MyOfficeCab is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
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.
Annual revenue of MyOfficeCab is $82.06K as on Mar 31, 2016.
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.
MyOfficeCab's top competitors include Lithium Urban Technologies, eee-Taxi and TrustPool.
MyOfficeCab has 6 investors. Key investors include IAMAI, Durga Sukeerthi Narkedamilly, Surya Kumari Narkedamilly, Nabaneeta Deb, and Dipankar Paul.
The valuation of MyOfficeCab is $605.52K as of Mar 2016.