About MyOfficeCab
MyOfficeCab is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2014. Eco-transportation solutions for corporate employees are provided end-to-end. MyOfficeCab has raised $74.75 thousand across 3 funding rounds from investors including IAMAI, Durga Sukeerthi Narkedamilly and Surya Kumari Narkedamilly. MyOfficeCab was last valued at $605.52 thousand in March 2016. Its Indian entity Bhsavi Cab Services Private Limited reported revenue of ₹19 Lakh. Its focus areas include Consumer, Road Transport Tech, Ride Hailing and Cars. Its competitors include Lithium Urban Technologies, COCO Rides and eee-Taxi; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Bengaluru, India
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website myofficecab.in
- Social LinkedIn X Facebook
- Legal Name Bhsavi Cab Services Private Limited
- Date of Incorporation 11 May, 2015
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹19 Lakh
FY 2024 · -65% YoY
- Net Profit₹89,443
FY 2024 · 5% margin
- EBITDA₹90,443
FY 2024 · 5% margin
- Total Equity Funding$74.75K (USD)
in 3 rounds
- InvestorsIAMAI
& 5 more
Associated legal entities of MyOfficeCab
MyOfficeCab operates through Bhsavi Cab Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bhsavi Cab Services Private Limited CIN U60232KA2015PTC080237 | Active | 11 May 2015 | Bangalore, Karnataka | ₹0.2 Cr | 2 | View details |
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 $74,747
- Total Rounds 3
- First Round $30,140
(Dec 2015)
- Investors Count 6
All 3 funding rounds of MyOfficeCab with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2017 | Seed | – | – | ||
| Mar 2016 | $44,607 | Angel Round | $605,517 | Durga Sukeerthi Narkedamilly, Surya Kumari Narkedamilly | |
| Dec 2015 | $30,140 | Angel Round | $503,374 | Gourishankar Gudla | – |
Last known valuation $605,517 (Mar 2016). 6 investors in total: 1 institutional and 5 angel.
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 |
|---|---|---|---|---|
Advocacy for internet, mobile, and digital sectors in India. | 2004 | iamai.in | Mumbai, India | |
DS Durga Sukeerthi Narkedamilly | unknown_f275e90e086a4f328 | |||
SK Surya Kumari Narkedamilly | unknown_5231777d47ee4a359 | |||
ND Nabaneeta Deb | unknown_beee0e29969345a1b | |||
DP Dipankar Paul | Angel investor and tech entrepreneur, co-founder of Wheelseye, focused on logistics tech. | unknown_0db192a9272b40fab | ||
GG Gourishankar Gudla | unknown_4ef9011a394440cc9 |
Investor details for MyOfficeCab
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 Bhsavi Cab Services Private Limited (MyOfficeCab)
Bhsavi Cab Services Private Limited is the primary company behind MyOfficeCab. The board of Bhsavi Cab Services Private Limited currently have 2 directors; the longest-serving is Bhaskar Mahendrakumar Chavda, appointed in 2015. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bhaskar Mahendrakumar Chavda DIN 06993121 | Director | 11 May 2015 | 11 yrs 5 mo | Bhsavi Cab Services Private Limited |
| Gouri Shankar Gudla DIN 07464299 | Director | 29 Jan 2016 | 10 yrs 8 mo | Bhsavi Cab Services Private Limited |
Financials of MyOfficeCab
Figures of Bhsavi Cab Services Private Limited, the primary company behind MyOfficeCab, for FY 2024. Revenue was ₹19 Lakh (-65% year on year). Net profit was ₹89,443 (5% margin). EBITDA was ₹90,443 (5% margin). Revenue has grown at a compounded annual rate of -27% over three years and -40% over five years.
- ₹19 LakhRevenue · FY 2024 · -65% YoY
- ₹89,443Net profit · 5% margin
- ₹90,443EBITDA · 5% margin
- ₹4.6 LakhPaid-up capital
- -27%Revenue CAGR, 3 years
- -40%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Bhsavi Cab Services Private Limited are on its company page.
Detailed financial statements for MyOfficeCab
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of MyOfficeCab
3 dated milestones of MyOfficeCab across 3 years, from founding to its latest funding, stage changes and deals.
- Founded MyOfficeCab is founded.
- Funding First funding round of $30K.
- Funding Latest funding round, Seed,.
Competitors of MyOfficeCab
MyOfficeCab has 3 listed competitors in our database, 2 of them funded. They include Lithium Urban Technologies, COCO Rides and eee-Taxi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| project-lithium.com | 2015 | Bengaluru, India | $26.78M | 457 | Ride-hailing services are booked via an online platform for corporates. | |
| cocorides.com | 2017 | Bengaluru, India | 453 | Shared commuting service for corporate employees via app in Bengaluru. | ||
| eeetaxi.com | 2016 | Gurugram, India | $932,023 | 31 | Tech-enabled platform offering electric vehicle ride-hailing management solutions |
Detailed competitors of MyOfficeCab
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 Electric & Green Mobility
3 companies that operate in the same segment as MyOfficeCab (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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 2015.
The primary company behind MyOfficeCab, Bhsavi Cab Services Private Limited, reported revenue of ₹19 Lakh for FY 2024, down 65% year on year.
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 COCO Rides.
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.
MyOfficeCab operates through Bhsavi Cab Services Private Limited.
The legal entities of MyOfficeCab currently have 2 directors, including Bhaskar Mahendrakumar Chavda, Gouri Shankar Gudla.