About Ridango
Ridango is a company based in Tallinn (Estonia) founded in 2009 was acquired by Bregal Milestone in March 2025.. The company has 94 employees as of September 30, 2024. Ridango has completed 1 acquisition, including uTrack. Ridango offers products and services including Ticketing & Fare Management, Real-Time Passenger Information, Operations Management, and Contactless EMV Payments. Ridango operates in a competitive market with competitors including HopOn, Passport, Easybook, Masabi and Bytemark, among others.
- Headquarter Tallinn, Estonia
- Employees 94 as on 30 Sep, 2024
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
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Social
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- Legal Name Ridango As
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Annual Revenue
$9.75 M (USD)2as on Dec 31, 2022
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
94
as on Sep 30, 2024
- Investments & Acquisitions
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Acquired by
Bregal Milestone
(Mar 19, 2025)
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Products & Services of Ridango
Ridango offers a comprehensive portfolio of products and services, including Ticketing & Fare Management, Real-Time Passenger Information, Operations Management, and Contactless EMV Payments. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for modern trip payments and cost reduction for operators.
Tools for journey planning and trip status visibility for passengers.
System for real-time fleet control and monitoring of vehicle health.
Pay-As-You-Go system using bank cards for quick, secure transactions.
Funding Insights of Ridango
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Ridango
Ridango has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Bregal Milestone. 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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European growth private equity firm focused on software champions.
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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 Ridango
Ridango has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include uTrack. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based analytics are delivered to optimize public transport operations.
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2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ridango
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Ridango Comparisons
Competitors of Ridango
Ridango 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 HopOn, Passport, Easybook, Masabi and Bytemark, 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 |
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| domain | founded_year | HQ Location |
SaaS mobility-as-a-service and data collection for public transit are provided.
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| domain | founded_year | HQ Location |
Passport is recognized for providing parking management software solutions.
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| domain | founded_year | HQ Location |
Travel tickets and accommodations are booked via an online platform.
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| domain | founded_year | HQ Location |
Saas-enabled plafform offering mobile ticketing solutions for transport operators
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| domain | founded_year | HQ Location |
Mobile ticketing and payment systems are provided for transit operators.
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| domain | founded_year | HQ Location |
Public transport app for tickets and timetables
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Ridango
Frequently Asked Questions about Ridango
When was Ridango founded?
Ridango was founded in 2009.
Where is Ridango located?
Ridango is headquartered in Tallinn, Estonia.
How many employees does Ridango have?
As of Sep 30, 2024, the latest employee count at Ridango is 94.
What is the annual revenue of Ridango?
Annual revenue of Ridango is $9.75M as on Dec 31, 2022.
What does Ridango do?
Ridango was established in 2009 in Tallinn, Estonia, as a spin-off from the Estonian Certification Centre, which handles authentication and digital signing for ID cards. Tech solutions are offered to transit agencies, including real-time passenger information, account-based and mobile ticketing systems. Services encompass driver consoles, point-of-sale setups, QR code tickets, and e-wallet integrations to support contactless payments and seamless operations in the transportation sector.
What products or services does Ridango offer?
Ridango offers Ticketing & Fare Management, Real-Time Passenger Information, Operations Management, and Contactless EMV Payments.
How many acquisitions has Ridango made?
Ridango has made 1 acquisition, including uTrack.
Who are Ridango's investors?
Ridango has 1 investor. Key investors include Bregal Milestone.
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