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
Locked
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Website
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Social
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- 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
Not available
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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.
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.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage venture capital fund
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Venture capital firm focused on multiple sectors
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Dream Incubator is engaged in strategic consulting and business incubation.
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Investor details for Revv
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Investments & Acquisitions by Revv
Investment portfolio details for Revv
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Financial Statements - Revv
Detailed financials for Revv
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Revv Comparisons
Peer comparison for Revv
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Electric kick-scooters are rented through a mobile app platform.
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Car rental services are facilitated via an online booking platform.
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Car rentals are booked through an online platform by Drivezy.
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Provides self-drive car rentals with unlimited kilometers and no deposit services.
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Provides self-drive car rental services via app and website.
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Detailed competitors of Revv
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Latest news on Revv
Complete news archive for Revv
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Frequently Asked Questions about Revv
Revv was founded in 2015.
Revv is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Anupam Agarwal is the current CEO of Revv. They have also founded this company.
Revv is a funded company, having raised a total of $38.23M across 7 funding rounds to date.
As of Mar 29, 2024, the latest employee count at Revv is 225.
Annual revenue of Revv is $10.84M as on Mar 31, 2023.
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.
Revv's top competitors include TIER, Carzonrent and MyChoize.
Revv has 40 investors. Key investors include CarDekho, Kia, Mahindra Finance, Hyundai Motor Company, and LeasePlan.
The valuation of Revv is $129.01M as of Oct 2019.