About Revv
Revv is a company based in Bengaluru (India) founded in 2015 by Anupam Agarwal, Karan Jain, and Gaurav Gupta was acquired by CarDekho in December 2023.. Revv has raised $38.23 million across 7 funding rounds from investors including CarDekho, Kia and Mahindra Finance. The company has 225 employees as of March 29, 2024. Revv operates in a competitive market with competitors including TIER, Carzonrent, Drivezy, Long Drive Cars and MyChoize, among others.
- Headquarter Bengaluru, India
- Employees 225 as on 29 Mar, 2024
- Founders Anupam Agarwal, Karan Jain, Gaurav Gupta
- Stage Minicorn
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Primemover Mobility Technologies Private Limited
- Date of Incorporation 28 May, 2015
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$10.84 M (USD)12.15as on Mar 31, 2023
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Net Profit
$-234.28 K (USD)94.32as on Mar 31, 2023
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EBITDA
$2.22 M (USD)329.72as on Mar 31, 2023
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Total Equity Funding
$38.23 M (USD)
in 7 rounds
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Latest Funding Round
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Investors
CarDekho
& 39 more
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Employee Count
225
as on Mar 29, 2024
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Acquired by
CarDekho
(Dec 02, 2023)
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Funding Insights of Revv
Revv has successfully raised a total of $38.23M across 7 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.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Last Round
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First Round
First Round
(01 Aug 2015)
- Investors Count 39
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2020 | Amount | Series B - Revv | Valuation |
investors |
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| Oct, 2019 | Amount | Series B - Revv | Valuation | Hyundai Motor Company | |
| Aug, 2018 | Amount | Series B - Revv | Valuation | Hyundai Motor Company |
| 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 |
Investors in Revv
Revv has secured backing from 40 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include CarDekho, Kia and Mahindra Finance. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage venture capital fund
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Founded Year | Domain | Location | |
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Venture capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Dream Incubator is engaged in strategic consulting and business incubation.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Revv
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Revv
| 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 |
Revv Comparisons
Competitors of Revv
Revv 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 TIER, Carzonrent, Drivezy, Long Drive Cars and MyChoize, 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 |
Electric kick-scooters are rented through a mobile app platform.
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| domain | founded_year | HQ Location |
Car rental services are facilitated via an online booking platform.
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| domain | founded_year | HQ Location |
Car rentals are booked through an online platform by Drivezy.
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| domain | founded_year | HQ Location |
Provides self-drive car rentals with unlimited kilometers and no deposit services.
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| domain | founded_year | HQ Location |
Provides self-drive car rental services via app and website.
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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 Revv
Frequently Asked Questions about Revv
When was Revv founded?
Revv was founded in 2015.
Where is Revv located?
Revv is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Revv?
Anupam Agarwal is the current CEO of Revv. They have also founded this company.
Is Revv a funded company?
Revv is a funded company, having raised a total of $38.23M across 7 funding rounds to date. The company's 1st funding round was a Series B of $14.73M, raised on Aug 01, 2015.
How many employees does Revv have?
As of Mar 29, 2024, the latest employee count at Revv is 225.
What is the annual revenue of Revv?
Annual revenue of Revv is $10.84M as on Mar 31, 2023.
What does Revv do?
Revv was established in 2015 in Bengaluru, India, as an online platform in the automotive rental sector. Vehicles are made available for rent by users who submit details such as location, preferred dates, payment information, and personal data. Operations are centered on streamlining the rental process through digital interfaces, serving customers primarily in India with a focus on accessible car options.
Who are the top competitors of Revv?
Revv's top competitors include TIER, Carzonrent and MyChoize.
Who are Revv's investors?
Revv has 40 investors. Key investors include CarDekho, Kia, Mahindra Finance, Hyundai Motor Company, and LeasePlan.
What is Revv's valuation?
The valuation of Revv is $129.01M as of Oct 2019.
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