About Proximove
Proximove is a Transportation, Automotive & Logistics company based in Coimbatore (India) founded in 2016. It delivers real-time vehicle population statistics for tourist vehicles. It operates on a B2B model. Its focus areas include Technology, Data Services, Vehicle Analytics and Tourist Vehicle Statistics. Its legal entity in India is Proximove Technologies Private Limited (U63030TZ2016PTC027718). Its competitors include redBus, IntrCity SmartBus and Cityflo; 3 of its 3 listed competitors have raised funding.
Company details
Proximove, based in Coimbatore, focuses on leveraging cutting-edge technology, data services, vehicle analytics, and tourist vehicle statistics. Delivers real-time vehicle population statistics for tourist vehicles. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Coimbatore, India
- SectorsTransportation, Automotive & Logistics
- Website proximove.com
- Social X Facebook
- Legal Name Proximove Technologies Private Limited
- Date of Incorporation 29 Jun, 2016
- Jurisdiction Tirupur, Tamil Nadu, India
- Annual Revenue₹9,570
FY 2021 · -97% YoY
- Net Loss-₹10.3 Lakh
FY 2021 · -10739% margin
- EBITDA-₹2.7 Lakh
FY 2021 · -2865% margin
Associated legal entities of Proximove
Proximove operates through Proximove Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Proximove Technologies Private Limited CIN U63030TZ2016PTC027718 | Active | 29 Jun 2016 | Tirupur, Tamil Nadu | ₹0.0 Cr | 3 | View details |
Board of directors of Proximove Technologies Private Limited (Proximove)
Proximove Technologies Private Limited is the primary company behind Proximove. The board of Proximove Technologies Private Limited currently have 3 directors; the longest-serving is Natarajan Siddhaarthan, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Natarajan Siddhaarthan DIN 07528830 | Director | 29 Jun 2016 | 10 yrs 4 mo | Proximove Technologies Private Limited |
| Natarajan Deivathal DIN 07534860 | Director | 29 Jun 2016 | 10 yrs 4 mo | Proximove Technologies Private Limited |
| Subbaiahgounder Natarajan DIN 07665568 | Director | 26 Nov 2016 | 9 yrs 11 mo | Proximove Technologies Private Limited |
Financials of Proximove
Figures of Proximove Technologies Private Limited, the primary company behind Proximove, for FY 2021. Revenue was ₹9,570 (-97% year on year). Net loss was -₹10.3 Lakh (-10739% margin). EBITDA was -₹2.7 Lakh (-2865% margin). Revenue has grown at a compounded annual rate of -52% over three years.
- ₹9,570Revenue · FY 2021 · -97% YoY
- -₹10.3 LakhNet loss · -10739% margin
- -₹2.7 LakhEBITDA · -2865% margin
- ₹1 LakhPaid-up capital
- -52%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Proximove Technologies Private Limited are on its company page.
Detailed financial statements for Proximove
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Competitors of Proximove
Proximove has 3 listed competitors in our database, 3 of them funded. They include redBus, IntrCity SmartBus and Cityflo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| redbus.in | 2006 | Bengaluru, India | $10M | 801 | Bus tickets are booked online via portal and mobile app. | |
| intrcity.com | 2011 | Noida, India | $46.65M | 596 | Sleeper bus tickets are provided via an online booking platform. | |
| cityflo.com | 2015 | Thane, India | $14.92M | 141 | App-based air-conditioned bus services for office commutes are provided. |
Detailed competitors of Proximove
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Frequently Asked Questions about Proximove
Proximove was founded in 2016.
Proximove is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
The primary company behind Proximove, Proximove Technologies Private Limited, reported revenue of ₹9,570 for FY 2021, down 97% year on year.
Proximove, based in Coimbatore, focuses on leveraging cutting-edge technology, data services, vehicle analytics, and tourist vehicle statistics. Delivers real-time vehicle population statistics for tourist vehicles. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Proximove's top competitors include redBus, Cityflo and IntrCity SmartBus.
Proximove operates through Proximove Technologies Private Limited.
The legal entities of Proximove currently have 3 directors, including Subbaiahgounder Natarajan, Natarajan Siddhaarthan, Natarajan Deivathal.