Pillion Rides

Delhi, India Founded: 2016 • Age: 10 yrs
Provides electric scooter taxi services for convenient urban transportation.

About Pillion Rides

Pillion Rides is a company based in Delhi (India) founded in 2016. It operates as a B2C. The company has 1 employees as of March 31, 2020. Pillion Rides operates in a competitive market with competitors including Rapido, Ghoom, Exa Mobility, Haye and Bikxie, among others.

  • Headquarter Delhi, India
  • Employees 1 as on 31 Mar, 2020
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Promto E-Ventures Private Limited
  • Date of Incorporation 20 Sep, 2013
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems
Key Metrics
  • Annual Revenue
    $477.83 K (USD)
    30.1
    as on Mar 31, 2020
  • Net Profit
    $-10.91 K (USD)
    75.34
    as on Mar 31, 2020
  • EBITDA
    $-3.1 K (USD)
    91.59
    as on Mar 31, 2020
  • Latest Funding Round
  • Investors
  • Employee Count
    1

    as on Mar 31, 2020

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Funding Insights of Pillion Rides

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

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Investments & Acquisitions by Pillion Rides

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Pillion Rides

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Pillion Rides Comparisons

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Competitors of Pillion Rides

Pillion Rides 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 Rapido, Ghoom, Exa Mobility, Haye and Bikxie, 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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Electric two-wheelers are rented through a dedicated platform.
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Functions as an app-based aggregator for bike ride-hailing services.
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Bike taxis are booked via a mobile application in Gurugram.
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Provides an online platform for renting electric scooters.
Company Name Domain Founded year HQ Location Description
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Pillion Rides

Frequently Asked Questions about Pillion Rides

When was Pillion Rides founded?

Pillion Rides was founded in 2016.

Where is Pillion Rides located?

Pillion Rides is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

How many employees does Pillion Rides have?

As of Mar 31, 2020, the latest employee count at Pillion Rides is 1.

What is the annual revenue of Pillion Rides?

Annual revenue of Pillion Rides is $477.83K as on Mar 31, 2020.

What does Pillion Rides do?

Pillion Rides, based in Delhi, focuses on providing transportation services, mobility services, providing ride-sharing services, and electric scooter taxis. Provides electric scooter taxi services for convenient urban transportation. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of Pillion Rides?

Pillion Rides's top competitors include Rapido, Exa Mobility and Bikxie.

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