Prorata

Bengaluru, India Founded: 2022 • Age: 4 yrs
Online car ownership platform
Annual revenue $5,316 Latest available
Total funding $422,906 4 rounds
Employees 1 Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About Prorata

Prorata is a company based in Bengaluru (India) founded in 2022 by Sanjeev Jain. Prorata has raised $422.91 thousand across 4 funding rounds from investors including We Founder Circle, Hindustan Media Ventures and Anupam Mittal. The company has 1 employees as of April 08, 2024.

  • Headquarter Bengaluru, India
  • Employees 1 as on 08 Apr, 2024
  • Founders Sanjeev Jain
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Prorata Technologies Private Limited
  • Date of Incorporation 28 Mar, 2022
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $5.32 K (USD)
    0
    as on Mar 31, 2023
  • Net Profit
    -$133.78 K (USD)
    0
    as on Mar 31, 2023
  • EBITDA
    -$138.72 K (USD)
    0
    as on Mar 31, 2023
  • Total Equity Funding
    $422.91 K (USD)

    in 4 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    1

    as on Apr 08, 2024

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Funding Insights of Prorata

Prorata has successfully raised a total of $422.91K across 4 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.

Investors in Prorata

Prorata has secured backing from 4 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include We Founder Circle, Hindustan Media Ventures and Anupam Mittal.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investment in early-stage startups and global community support.
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Printed newspapers and periodicals are produced and published.
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Anupam Mittal

Founder of Shaadi.com, angel investor, Shark Tank India judge
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Investor details for Prorata

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Investments & Acquisitions by Prorata

Investments
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Investment portfolio details for Prorata

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Financial Statements - Prorata

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Prorata Comparisons

Prorata Primary company
Description
Online car ownership platform
Location
Bengaluru, India
Founded Year
2022
Annual Revenue
$5.32 K (USD)
Net Profit
-$133.78 K (USD)
EBITDA
-$138.72 K (USD)
Employees
1
As of 2024
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Peer comparison for Prorata

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Competitors of Prorata

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Latest news on Prorata

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Frequently Asked Questions about Prorata

Prorata was founded in 2022.

Prorata is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Sanjeev Jain is the current CEO of Prorata. They have also founded this company.

Prorata is a funded company, having raised a total of $422.91K across 4 funding rounds to date.

As of Apr 08, 2024, the latest employee count at Prorata is 1.

Annual revenue of Prorata is $5.32K as on Mar 31, 2023.

Prorata was founded in 2022 in Bengaluru, India, as an online platform in the mobility sector. Cars are co-owned by individuals and their co-residents through the service, which handles shared ownership arrangements. Operations focus on facilitating access to vehicles without full individual purchase, targeting urban users in India. The platform manages logistics for joint usage and maintenance.

Prorata has 4 investors. Key investors include We Founder Circle, Hindustan Media Ventures, Anupam Mittal, and Peyush Bansal.

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