About Rideinsta
Rideinsta is a Transportation, Automotive & Logistics company based in Shahjahanpur (India) founded in 2019. It operates an online platform for bike and car rentals. It operates on a B2C model. Its Indian entity Rideinsta Tours And Travels Private Limited reported revenue of ₹9.4 Lakh. Its focus areas include Transportation, Mobility Services, Vehicle Rental and Online Platforms. Its competitors include Revv, Carzonrent and MYBYK; 2 of its 3 listed competitors have raised funding.
Company details
Rideinsta, based in Shahjahanpur, focuses on providing transportation services, mobility services, vehicle rental, and online platforms. Operates an online platform for bike and car rentals. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Shahjahanpur, India
- SectorsTransportation, Automotive & Logistics
- Website rideinsta.com
- Legal Name Rideinsta Tours And Travels Private Limited
- Date of Incorporation 15 Jan, 2019
- Jurisdiction Shahanjpur, Uttar Pradesh, India
- Annual Revenue₹9.4 Lakh
FY 2024 · -67% YoY
- Net Loss-₹5,751
FY 2024 · -1% margin
Associated legal entities of Rideinsta
Rideinsta operates through Rideinsta Tours And Travels Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rideinsta Tours And Travels Private Limited CIN U74999UP2019PTC112352 | Active | 15 Jan 2019 | Shahjahanpur, Uttar Pradesh | ₹0.1 Cr | 2 | View details |
Board of directors of Rideinsta Tours And Travels Private Limited (Rideinsta)
Rideinsta Tours And Travels Private Limited is the primary company behind Rideinsta. The board of Rideinsta Tours And Travels Private Limited currently have 2 directors; the longest-serving is Sudhanshu Saxena, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sudhanshu Saxena DIN 07068078 | Director | 15 Jan 2019 | 7 yrs 9 mo | Rideinsta Tours And Travels Private Limited |
| Priya Verma DIN 08068892 | Additional Director | 30 Oct 2020 | 5 yrs 11 mo | Rideinsta Tours And Travels Private Limited |
Financials of Rideinsta
Figures of Rideinsta Tours And Travels Private Limited, the primary company behind Rideinsta, for FY 2024. Revenue was ₹9.4 Lakh (-67% year on year). Net loss was -₹5,751 (-1% margin). Revenue has grown at a compounded annual rate of -9% over three years.
- ₹9.4 LakhRevenue · FY 2024 · -67% YoY
- -₹5,751Net loss · -1% margin
- ₹1 LakhPaid-up capital
- -9%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Rideinsta Tours And Travels Private Limited are on its company page.
Detailed financial statements for Rideinsta
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Competitors of Rideinsta
Rideinsta has 3 listed competitors in our database, 2 of them funded. They include Revv, Carzonrent and MYBYK.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| revv.co.in | 2015 | Bengaluru, India | $38.23M | 200 | Cars are rented online via a user-friendly platform. | |
| carzonrent.com | 2000 | Delhi, India | 295 | Car rental services are facilitated via an online booking platform. | ||
| mybyk.in | 2014 | Ahmedabad, India | $1.34M | 42 | Subscription-based bicycle rentals are enabled via a mobile app. |
Detailed competitors of Rideinsta
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- Full competitor set
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Top companies in Car Rentals
3 companies that operate in the same segment as Rideinsta (Car Rentals) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Car rental and transportation services are provided for diverse needs. | 1996 | Delhi, Delhi, India | USD 86.12 M | 950 | ||
Offers self-drive car rentals across South India with doorstep delivery and subscriptions. | 2018 | Ernakulam, Kerala, India | USD 329.22 M | |||
Car rental and mobility services for corporate and personal needs in India and internationally. | 1996 | Delhi, Delhi, India |
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Frequently Asked Questions about Rideinsta
Rideinsta was founded in 2019.
Rideinsta is headquartered in Shahjahanpur, India. It is registered at Shahjahanpur, Uttar Pradesh, India.
The primary company behind Rideinsta, Rideinsta Tours And Travels Private Limited, reported revenue of ₹9.4 Lakh for FY 2024, down 67% year on year.
Rideinsta, based in Shahjahanpur, focuses on providing transportation services, mobility services, vehicle rental, and online platforms. Operates an online platform for bike and car rentals. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Rideinsta's top competitors include Revv, MYBYK and Carzonrent.
Rideinsta operates through Rideinsta Tours And Travels Private Limited.
The legal entities of Rideinsta currently have 2 directors, including Sudhanshu Saxena, Priya Verma.