About MyPickup
MyPickup is a company based in Bengaluru (India) founded in 2022 by Abhijeet Jagtap.. MyPickup has raised $179.5 thousand across 1 funding round from investors including IP Ventures. The company has 1 employees as of March 28, 2024. MyPickup operates in a competitive market with competitors including ZEVO India, SmartE, MetroRide, Oye Rickshaw and eSavari, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 28 Mar, 2024
- Founders Abhijeet Jagtap
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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 Telkes Technologies Private Limited
- Date of Incorporation 28 Dec, 2022
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$179.5 K (USD)
in 1 rounds
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Latest Funding Round
$179.5 K (USD), Seed
Jul 18, 2024
- Investors
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Employee Count
1
as on Mar 28, 2024
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Funding Insights of MyPickup
MyPickup has successfully raised a total of $179.5K through 1 strategic funding round. The most recent funding activity was a Seed round of $179.5 thousand completed in July 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 — $179,498
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First Round
First Round
(18 Jul 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Seed - MyPickup | Valuation | Inflection Point 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 MyPickup
MyPickup has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include IP 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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Investments are made in early-stage tech startups across sectors.
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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 MyPickup
| 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 - MyPickup
| 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 |
Mypickup Comparisons
Competitors of MyPickup
MyPickup 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 ZEVO India, SmartE, MetroRide, Oye Rickshaw and eSavari, 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.
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Online platform offering electric three‑wheeler ride-hailing and shared rides services
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Safe transport for children to school and activities is provided.
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Online platform offering slot games and fishing arcade with easy registration.
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Electric rickshaws are manufactured for passenger transport and leasing.
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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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Latest news on Mypickup
Frequently Asked Questions about MyPickup
When was MyPickup founded?
MyPickup was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is MyPickup located?
MyPickup is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is MyPickup a funded company?
MyPickup is a funded company, having raised a total of $179.5K across 1 funding round to date. The company's 1st funding round was a Seed of $179.5K, raised on Jul 18, 2024.
How many employees does MyPickup have?
As of Mar 28, 2024, the latest employee count at MyPickup is 1.
What does MyPickup do?
MyPickup was founded in 2022 in Bengaluru, India, as a subscription-based mobility service in the sustainable transportation sector. Electric ride-sharing options are provided on demand for weekly and monthly plans, targeting daily commutes to various destinations. Operations focus on reducing carbon footprints through electric vehicles, with bookings available via the domain mypickup.in.
Who are the top competitors of MyPickup?
MyPickup's top competitors include Oye Rickshaw, ZEVO India and MetroRide.
Who are MyPickup's investors?
MyPickup has 1 investor. Key investors include IP Ventures.
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