Ride Finance

Chennai, India Founded: 2021 • Age: 5 yrs
Offers financing for new motorcycles, used bikes, and electric vehicles.
Annual revenue $2.4M Latest available
Total funding - Funding intelligence
Employees 216 Tracked headcount
Investors - Known backers
Products 4 Services tracked
Competitors 5 Brand Intelligence

About Ride Finance

Ride Finance is a company based in Chennai (India) founded in 2021. It operates as a B2C. The company has 216 employees as of March 31, 2023. Ride Finance offers products and services including New Two Wheeler Loans, Used Two Wheeler Loans, Electric Vehicle Loans, and Hybrid Bicycle Loans. Ride Finance operates in a competitive market with competitors including OTO, Bike Bazaar, Drivio and FinFlow, among others.

  • Headquarter Chennai, India
  • Employees 216 as on 31 Mar, 2023
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Deccan Finance Limited
  • Date of Incorporation 02 Nov, 1978
  • Jurisdiction Chennai, Tamil Nadu, India
Operational Areas
Financial Services → Sustainable & Impact Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.4 M (USD)
    73.14
    as on Mar 31, 2023
  • Net Profit
    -$80.64 K (USD)
    -220.79
    as on Mar 31, 2023
  • EBITDA
    $920.88 K (USD)
    68.01
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    216

    as on Mar 31, 2023

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Products & Services of Ride Finance

Ride Finance offers a comprehensive portfolio of products and services, including New Two Wheeler Loans, Used Two Wheeler Loans, Electric Vehicle Loans, and Hybrid Bicycle Loans.

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Category locked
Primary

Provides loans for purchasing new motorcycles and scooters.

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Offers financing for buying pre-owned two-wheelers.

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Facilitates loans for electric two-wheelers to support eco-friendly transport.

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Extends loans for hybrid bicycles as alternative mobility options.

Funding Insights of Ride Finance

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Detailed funding history for Ride Finance

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Investments & Acquisitions by Ride Finance

Investments
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Investment portfolio details for Ride Finance

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Financial Statements - Ride Finance

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Detailed financials for Ride Finance

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  • Profit trends
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Ride Finance Comparisons

Ride Finance Primary company
Description
Offers financing for new motorcycles, used bikes, and electr...
Location
Chennai, India
Founded Year
2021
Annual Revenue
$2.4 M (USD)
Net Profit
-$80.64 K (USD)
EBITDA
$920.88 K (USD)
Employees
216
As of 2023
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Peer comparison for Ride Finance

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Competitors of Ride Finance

Ride Finance 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 OTO, Bike Bazaar, Drivio and FinFlow, among others.

Company Name Domain Founded year HQ Location Description
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Two-wheeler loans are provided via a fintech platform for purchases.
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Online platform for buying and selling two-wheelers
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Two-wheeler loans are provided through an online consumer marketplace.
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Digital two-wheeler loans are facilitated via an online platform.
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Detailed competitors of Ride Finance

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  • Domains and locations
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Latest news on Ride Finance

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Complete news archive for Ride Finance

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Frequently Asked Questions about Ride Finance

Ride Finance was founded in 2021.

Ride Finance is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

As of Mar 31, 2023, the latest employee count at Ride Finance is 216.

Annual revenue of Ride Finance is $2.4M as on Mar 31, 2023.

Ride Finance, part of Deccan Finance Limited, specializes in loans for new and used two-wheelers, including electric vehicles and hybrid bicycles. It operates through partnerships with banks and NBFCs, using AI for efficient decisions. Based in Chennai, India, the company focuses on transparent processes and attractive rates to help individuals own vehicles. Services include easy applications and additional loans for existing customers, promoting green mobility.

Ride Finance's top competitors include OTO, Bike Bazaar and Drivio.

Ride Finance offers New Two Wheeler Loans, Used Two Wheeler Loans, Electric Vehicle Loans, and Hybrid Bicycle Loans.

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