About PowerDrift
PowerDrift is a company based in Pune (India) founded in 2012. It operates as a B2C. The company has 34 employees as of March 31, 2023. PowerDrift operates in a competitive market with competitors including Drivetribe, Bitauto, JustAnswer, Car Throttle and ZigWheels, among others.
- Headquarter Pune, India
- Employees 34 as on 31 Mar, 2023
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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- Legal Name Powerdrift Studios Private Limited
- Date of Incorporation 05 Oct, 2012
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$2.94 M (USD)18.42as on Mar 31, 2023
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Net Profit
$36.07 K (USD)128.57as on Mar 31, 2023
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EBITDA
$102.2 K (USD)237.1as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
34
as on Mar 31, 2023
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Funding Insights of PowerDrift
| 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 |
Investments & Acquisitions by PowerDrift
| 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 - PowerDrift
| 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 |
Powerdrift Comparisons
Competitors of PowerDrift
PowerDrift 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 Drivetribe, Bitauto, JustAnswer, Car Throttle and ZigWheels, 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 |
Digital media platform for motoring enthusiasts
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| domain | founded_year | HQ Location |
Auto-related information is provided via an online platform.
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| domain | founded_year | HQ Location |
Visitors are connected with independent experts for online Q&A services.
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| domain | founded_year | HQ Location |
Community platform for auto enthusiasts
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| domain | founded_year | HQ Location |
Online portal to find new and used car deals
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| domain | founded_year | HQ Location |
Mobile app for automobile information
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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 Powerdrift
Frequently Asked Questions about PowerDrift
When was PowerDrift founded?
PowerDrift was founded in 2012.
Where is PowerDrift located?
PowerDrift is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
How many employees does PowerDrift have?
As of Mar 31, 2023, the latest employee count at PowerDrift is 34.
What is the annual revenue of PowerDrift?
Annual revenue of PowerDrift is $2.94M as on Mar 31, 2023.
What does PowerDrift do?
PowerDrift an online platform providing comprehensive information about motorcycles, focusing on media and entertainment, digital content, automotive information, and motorcycle platforms. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of PowerDrift?
PowerDrift's top competitors include JustAnswer, Drivetribe and Bitauto.