About PiggyRide
PiggyRide is a company based in Bengaluru (India) founded in 2019 by Rohan Kaushal and Manish Tewari.. PiggyRide has raised $2.93 million across 2 funding rounds from investors including Wellfound, LetsVenture and Redwood Trust. The company has 3 employees as of April 09, 2024. PiggyRide offers products and services including PiggyRide App, Recurring Ride Feature, and Live Tracking Feature. PiggyRide operates in a competitive market with competitors including eMushrif, Edulog, Buggyz, ServisGeliyor and 4mativ, among others.
- Headquarter Bengaluru, India
- Employees 3 as on 09 Apr, 2024
- Founders Rohan Kaushal, Manish Tewari
- Stage Minicorn
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Sectors
Education
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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 Kidext Technologies Private Limited
- Date of Incorporation 26 Mar, 2019
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$86.08 K (USD)-70.08as on Mar 31, 2023
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Net Profit
$-481.08 K (USD)53.08as on Mar 31, 2023
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EBITDA
$-444.81 K (USD)55.33as on Mar 31, 2023
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Total Equity Funding
$2.93 M (USD)
in 2 rounds
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Latest Funding Round
$1.87 M (USD), Series A
Jun 27, 2020
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Investors
Wellfound
& 31 more
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Employee Count
3
as on Apr 09, 2024
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Products & Services of PiggyRide
PiggyRide offers a comprehensive portfolio of products and services, including PiggyRide App, Recurring Ride Feature, and Live Tracking Feature. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for booking safe cab rides for children to schools
Tool for scheduling repeated safe transport for kids daily
Real-time monitoring of child's ride location and video
Unlock access to complete
Funding Insights of PiggyRide
PiggyRide has successfully raised a total of $2.93M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.87 million completed in June 2020. 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 2
- Last Round Series A — $1.9M
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First Round
First Round
(10 Mar 2019)
- Investors Count 32
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Series A - PiggyRide | Valuation | JAFCO Asia | |
| Mar, 2019 | Amount | Seed - PiggyRide | Valuation | Naman Kailash Sarawagi , JAFCO Asia |
| 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 PiggyRide
PiggyRide has secured backing from 32 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Wellfound, LetsVenture and Redwood Trust. 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 in early-stage tech startups are made by JAFCO Asia.
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Founded Year | Domain | Location | |
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Venture capital investments in Indian startups across various sectors.
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Founded Year | Domain | Location | |
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Financial blogging, market analysis, and subscription services.
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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 PiggyRide
| 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 - PiggyRide
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Piggyride Comparisons
Competitors of PiggyRide
PiggyRide 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 eMushrif, Edulog, Buggyz, ServisGeliyor and 4mativ, 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 |
Provider of app-based school transportation management solutions
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| domain | founded_year | HQ Location |
Offers routing software, GPS tracking, and parent apps for school transportation needs.
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| domain | founded_year | HQ Location |
A mobile and AI-based platform for efficient transport management solutions.
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| domain | founded_year | HQ Location |
Delivers app-based transport management solutions tailored for schools.
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| domain | founded_year | HQ Location |
Transportation performance management solutions for school buses are provided.
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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.
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Latest news on Piggyride
Frequently Asked Questions about PiggyRide
When was PiggyRide founded?
PiggyRide was founded in 2019.
Where is PiggyRide located?
PiggyRide is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of PiggyRide?
Rohan Kaushal is the current CEO of PiggyRide. They have also founded this company.
Is PiggyRide a funded company?
PiggyRide is a funded company, having raised a total of $2.93M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.06M, raised on Mar 10, 2019.
How many employees does PiggyRide have?
As of Apr 09, 2024, the latest employee count at PiggyRide is 3.
What is the annual revenue of PiggyRide?
Annual revenue of PiggyRide is $86.08K as on Mar 31, 2023.
What does PiggyRide do?
PiggyRide was founded in 2019 in Bengaluru, India, operating in the child transportation sector. Scheduled and recurring rides for children to school or other destinations are offered through clean vehicles equipped with safety technologies. Drivers are vetted thoroughly to ensure reliability. Location tracking and live video feeds are available to parents during rides. Bookings are handled via a straightforward platform, supporting daily operations in urban areas.
Who are the top competitors of PiggyRide?
What products or services does PiggyRide offer?
PiggyRide offers PiggyRide App, Recurring Ride Feature, and Live Tracking Feature.
Who are PiggyRide's investors?
PiggyRide has 32 investors. Key investors include Wellfound, LetsVenture, Redwood Trust, Artha Venture Fund, and Sprout Venture Partners.
What is PiggyRide's valuation?
The valuation of PiggyRide is $10.53M as of Jun 2020.