About Quick Ride
Quick Ride is a company based in Bengaluru (India) founded in 2015 by Shobhana Sriram, KNM Rao, and Vishal Lavti. 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 as of March 30, 2024. Quick Ride operates in a competitive market with competitors including Uber, Careem, Lyft, Cabify and Didi, among others.
- Headquarter Bengaluru, India
- Employees 41 as on 30 Mar, 2024
- Founders Shobhana Sriram, KNM Rao, Vishal Lavti
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Idisha Info Labs Private Limited
- Date of Incorporation 10 Jun, 2014
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$4.98 M (USD)362.34as on Mar 31, 2023
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Net Profit
-$289.97 K (USD)39.12as on Mar 31, 2023
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EBITDA
$255.72 K (USD)771.98as on Mar 31, 2023
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Total Equity Funding
$15.85 M (USD)
in 2 rounds
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Latest Funding Round
$14.4 M (USD), Series B
Feb 08, 2019
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Investors
Naspers
& 2 more
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Employee Count
41
as on Mar 30, 2024
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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.
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.
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Global investments in early and growth-stage tech firms are conducted.
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Sequoia Capital is engaged in venture capital investments.
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Early-stage investments are made in fintech, retail, and healthtech sectors.
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Investor details for Quick Ride
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Investments & Acquisitions by Quick Ride
Investment portfolio details for Quick Ride
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Financial Statements - Quick Ride
Detailed financials for Quick Ride
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Quick Ride Comparisons
Peer comparison for Quick Ride
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Competitors of Quick Ride
Quick Ride 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 Uber, Careem, Lyft, Cabify and Didi, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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An online platform providing ride-hailing and food delivery services
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Rides and deliveries are facilitated via a mobile app platform.
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App-based ride-hailing aggregator
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Ride-hailing services are offered via a mobile app platform.
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An AI-enabled platform is operated for ride-hailing and on-demand services.
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Rides are hailed through an app-based platform.
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Detailed competitors of Quick Ride
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Latest news on 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 current CEO of Quick Ride. 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.
As of Mar 30, 2024, the latest employee count at Quick Ride is 41.
Annual revenue of Quick Ride is $4.98M as on Mar 31, 2023.
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.