About Quick Ride
Quick Ride is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2015 by Shobhana Sriram, KNM Rao, and Vishal Lavti. Provider of carpool, bikepool, and taxi services. Quick Ride has raised $15.85 million across 2 funding rounds from investors including Naspers, Venture Highway VC and Sequoia Capital. The company has 41 employees. Quick Ride was last valued at $94.91 million in February 2019. Its chief executive, as recorded, is KNM Rao. Its website quickride.in draws about 61 thousand monthly visits. Its Indian entity Idisha Info Labs Private Limited reported revenue of ₹53.50 Cr. Its focus areas include Consumer, Road Transport Tech, Pooling and Car.
Company details
Quick Ride was founded in 2015 in Bengaluru, India, within the transportation sector. A platform is operated to connect users for carpooling, bikepooling, and taxi rides, aimed at cost reduction and lower environmental effects. Services encompass airport transfers, outstation trips, local transport, and vehicle rentals for different durations and models. Booking, payments, and real-time tracking are managed via the app.
- Headquarters Bengaluru, India
- Employees 41
- Founders Shobhana Sriram, KNM Rao, Vishal Lavti
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website quickride.in
- Social LinkedIn X Facebook Instagram
- Legal Name Idisha Info Labs Private Limited
- Date of Incorporation 10 Jun, 2014
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹53.50 Cr
FY 2024 · +29% YoY
- Net Profit₹5.2 Lakh
FY 2024 · 0% margin
- EBITDA₹8.29 Cr
FY 2024 · 16% margin
- Total Equity Funding$15.85M (USD)
in 2 rounds
- Latest Funding Round$14.4M (USD), Series B
Feb 2019
- InvestorsNaspers
& 2 more
- Employee Count41
Associated legal entities of Quick Ride
Quick Ride operates through Idisha Info Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Idisha Info Labs Private Limited CIN U72400KA2014PTC074812 | Active | 10 Jun 2014 | Bangalore, Karnataka | ₹53.5 Cr | 41 | 4 | View details |
Apps and channels of Quick Ride
Quick Ride publishes 3 mobile apps with over 2M+ downloads.
Funding Insights of Quick Ride
Quick Ride has successfully raised a total of $15.85M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $14.4 million completed in February 2019. 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 $15.85M
- Total Rounds 2
- Last Round Series B — $14.4M
- First Round $1.45M
(Aug 2018)
- Investors Count 3
All 2 funding rounds of Quick Ride with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2019 | $14.4M | Series B | $94.91M | Naspers | |
| Aug 2018 | $1.45M | Seed | $18.43M | Sequoia Capital | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2019 | $94.91M | •••••••• |
| Aug 2018 | $18.43M | •••••••• |
Last known valuation $94.91M (Feb 2019). 3 investors in total: 3 institutional.
Investors in Quick Ride
Quick Ride has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Naspers, Venture Highway VC and Sequoia Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Global investments in early and growth-stage tech firms are conducted. | 1915 | naspers.com | Cape Town, South Africa | |
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Early-stage investments are made in fintech, retail, and healthtech sectors. | 2015 | venturehighway.vc | Delhi, India |
Investor details for Quick Ride
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Idisha Info Labs Private Limited (Quick Ride)
Idisha Info Labs Private Limited is the primary company behind Quick Ride. The board of Idisha Info Labs Private Limited currently have 4 directors; the longest-serving is Nagamalleswrarao Kuchipudi, appointed in 2014. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nagamalleswrarao Kuchipudi DIN 06726381 | Director | 10 Jun 2014 | 12 yrs 4 mo | Idisha Info Labs Private Limited |
| Ashalatha Kuchipudi DIN 06726422 | Director | 12 Dec 2014 | 11 yrs 10 mo | Idisha Info Labs Private Limited |
| Shobhana Bangalore Nagaraja DIN 08013326 | Director | 05 Dec 2017 | 8 yrs 10 mo | Idisha Info Labs Private Limited |
| Ashutosh Sharma DIN 07825610 | Director | 08 Feb 2019 | 7 yrs 8 mo | Idisha Info Labs Private Limited |
People of Quick Ride
32 people are tracked at Quick Ride (6 in leadership, 26 in team); the tracked headcount is 41.
| Name | Role | Group |
|---|---|---|
Shobhana Sriram | Co-Founder & CTO | Leadership |
KNM Rao | Co-Founder & CEO | Leadership |
Vishal Lavti | Co-Founder | Leadership |
Someswara Venglipudi | Head Of Operations , Electric Taxi Fleet | Leadership |
Mahesh Krishna | Associate Vice President Sales & Marketing | Leadership |
Hrishikesh Patil | Associate Director- Sales And Marketing | Leadership |
Nehal Shetty | Software Developer | Team |
Rushikesh Kadam | Sales Executive | Team |
Manjunatha G B | Marketing Manager | Team |
Kiranbruce Jaisankar | City Operations & Marketing Manager | Team |
Abhi N | B2b | Team |
Betha Sai Chandu | Marketing Internship | Team |
Amen Longchar | Digital Content Executive | Team |
Vedururi Vinod Kumar | Marketing | Team |
Rajkumar Bugalia | B2b Lead | Team |
Sachin Kumar Looking For Job Change | The Lead - Marketing & Sales | Team |
Kailas Kadam | Senior Business Development Executive | Team |
Sunil Ram | Zonal Manager | Team |
Saket Pusadkar (Actively looking for job ) | Sales Marketing Manager | Team |
Amit Jangra | Ios Developer | Team |
12 more people are available in the full profile.
Complete people profiles for Quick Ride
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Quick Ride
Figures of Idisha Info Labs Private Limited, the primary company behind Quick Ride, for FY 2024. Revenue was ₹53.50 Cr (+29% year on year). Net profit was ₹5.2 Lakh (0% margin). EBITDA was ₹8.29 Cr (16% margin). Revenue has grown at a compounded annual rate of +58% over three years and +82% over five years.
- ₹53.50 CrRevenue · FY 2024 · +29% YoY
- ₹5.2 LakhNet profit · 0% margin
- ₹8.29 CrEBITDA · 16% margin
- ₹5.4 LakhPaid-up capital
- 41Employees (provident fund records)
- +58%Revenue CAGR, 3 years
- +82%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Idisha Info Labs Private Limited are on its company page.
Detailed financial statements for Quick Ride
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Quick Ride
4 dated milestones of Quick Ride across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Quick Ride is founded.
- Funding First funding round of $1.4M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $14.4M.
Web traffic of Quick Ride
The website of Quick Ride (quickride.in) receives about 60.9K visits a month.
- Monthly visits60.9K
▲ 33.4% vs previous month
Websites whose visitors overlap most with Quick Ride. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| sride.co | 100% | 24.8K | #1,286,510 | View details | |
| shoffr.in | 91% | 42.7K | #529,910 | View details | |
| routematic.com | 80% | 93.9K | #353,138 | View details | |
| itilite.com | 80% | 52K | #504,719 | View details | |
| yardi.com | 48% | 377.1K | #141,748 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Quick Ride
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Road Transport Tech
3 companies that operate in the same segment as Quick Ride (Road Transport Tech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing, electric vehicles, and financial solutions are provided via app. | 2010 | Bengaluru, Karnataka, India | USD 3.83 B | USD 278.63 M | 2,473 | |
Operator of a bike taxi aggregation service, offering intra-city travel and first-mile, last-mile connectivity solutions | 2015 | Bengaluru, Karnataka, India | USD 798.05 M | USD 19.11 M | 817 | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M |
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Related news about Quick Ride
Complete news archive for Quick Ride
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Frequently Asked Questions about Quick Ride
Quick Ride was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Quick Ride is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
KNM Rao is the CEO of Quick Ride, as recorded in our data. They have also founded this company.
Quick Ride is a funded company, having raised a total of $15.85M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.45M, raised on Aug 2018.
Quick Ride has 41 employees.
The primary company behind Quick Ride, Idisha Info Labs Private Limited, reported revenue of ₹53.50 Cr for FY 2024, up 29% year on year.
Quick Ride was founded in 2015 in Bengaluru, India, within the transportation sector. A platform is operated to connect users for carpooling, bikepooling, and taxi rides, aimed at cost reduction and lower environmental effects. Services encompass airport transfers, outstation trips, local transport, and vehicle rentals for different durations and models. Booking, payments, and real-time tracking are managed via the app.
Quick Ride has 3 investors. Key investors include Naspers, Venture Highway VC, and Sequoia Capital.
The valuation of Quick Ride is $94.91M as of Feb 2019.
Quick Ride operates through Idisha Info Labs Private Limited.
The legal entities of Quick Ride currently have 4 directors, including Ashutosh Sharma, Shobhana Bangalore Nagaraja, Nagamalleswrarao Kuchipudi and others.
Yes. Quick Ride publishes Quick Ride- Cab Taxi & Carpool and 2 more apps, with over 2 million downloads.