About Ridlr
Ridlr is a Transportation, Automotive & Logistics company based in Mumbai (India) founded in 2010 by Brijraj Vaghani, and was acquired by Ola in April 2018. Journey planning solutions are enabled through an app-based platform. It operates in the Transportation, Automotive & Logistics and Travel & Hospitality sectors. Ridlr has raised $8.26 million across 8 funding rounds from investors including Ola Cabs, Times Internet and Qualcomm Ventures. The company has 84 employees. Ridlr was last valued at $25.11 million in September 2017. Its chief executive, as recorded, is Brijraj Vaghani. Its Indian entity Birds Eye Systems Private Limited reported revenue of ₹2.61 Cr. Its focus areas include Travel and Hospitality Tech, Smart Public Transport, Consumer Transit Applications and Ticketing. Its competitors include redBus, IntrCity SmartBus and Cityflo; 3 of its 3 listed competitors have raised funding.
Company details
Ridlr was founded in 2010 in Mumbai, India, as an app-based platform in the public transportation sector. Live transit information, schedules, and traffic updates are provided to users, along with options to purchase tickets, recharge metro cards, and access step-by-step navigation to nearby stations. The mobile application is available for Android devices and has been featured in media outlets such as The Economic Times and DNA.
- Headquarters Mumbai, India
- Employees 84
- Founders Brijraj Vaghani
- Stage Acquired
- SectorsTransportation, Automotive & LogisticsTravel & Hospitality
- Email••••••••
- Website ridlr.in
- Social LinkedIn X Facebook
- Acquired by Ola (Apr 2018)
- Legal Name Birds Eye Systems Private Limited
- Date of Incorporation 28 May, 2010
- Jurisdiction Bangalore, Karnataka, India
Associated legal entities of Ridlr
Ridlr operates through Birds Eye Systems Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Birds Eye Systems Private Limited CIN U72900KA2010PTC113554 | Amalgamated | 28 May 2010 | Bangalore, Karnataka | ₹2.6 Cr | 84 | 2 | View details |
Funding Insights of Ridlr
Ridlr has successfully raised a total of $8.26M across 8 strategic funding rounds. The most recent funding activity was a Angel Round of $38.86 thousand completed in September 2017. 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 $8.26M
- Total Rounds 8
- Last Round Angel Round — $38,857
- First Round $39,569
(Sep 2011)
- Investors Count 47
All 8 funding rounds of Ridlr with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2017 | $38,857 | Angel Round | $25.11M | Jitendra Gupta | – |
| Apr 2016 | $6M | Series B | – | Times Internet, Innoven Capital | |
| Jan 2016 | $396,139 | Series A | $19.03M | Z47 | – |
| Jul 2015 | $1.01M | Series A | $••••• | Qualcomm Ventures | |
| Jun 2014 | $405,925 | Series A | $••••• | Qualcomm Ventures | – |
| Dec 2013 | Seed | $••••• | Z47 | – | |
| Mar 2012 | $374,917 | Seed | $••••• | Anand Ladsariya | |
| Sep 2011 | $39,569 | Seed | $••••• | CIIE | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2017 | $25.11M | •••••••• |
| Jan 2016 | $19.03M | •••••••• |
| Jul 2015 | $••••• | •••••••• |
| Jun 2014 | $••••• | •••••••• |
| Dec 2013 | $••••• | •••••••• |
| Mar 2012 | $••••• | •••••••• |
Full valuation and stage history of Ridlr
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $25.11M (Sep 2017). 48 investors in total: 16 institutional and 32 angel.
Investors in Ridlr
Ridlr has secured backing from 48 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Ola Cabs, Times Internet and Qualcomm Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investing in technology sectors such as AI and automotive. | 2000 | qualcommventures.com | San Diego, United States | |
Venture debt financing is extended to companies across multiple sectors. | 2008 | innovencapital.com | Mumbai, India | |
Venture capital investment firm | z47.com | Bengaluru, India | ||
Angel investor network investing in early-stage startups | iangroup.vc | Delhi, India | ||
Venture capital firm investing in early-stage companies | 2011 | faoventures.com | Mumbai, India | |
Provider of digital content, advertising solutions, and technology services | 1999 | timesinternet.in | Gurugram, India | |
Clarion Technologies is engaged in custom software and AI development. | clariontech.com | Pune, India | ||
Real estate investments are managed for risk-adjusted returns by Pragnya. | pragnyafunds.com | Port Louis, Mauritius | ||
Developer of integrated platforms | quibustech.com | Chennai, India |
Investor details for Ridlr
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Birds Eye Systems Private Limited (Ridlr)
Birds Eye Systems Private Limited is the primary company behind Ridlr. The board of Birds Eye Systems Private Limited currently have 2 directors; the longest-serving is Brijraj Bhuptani, appointed in 2010. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Brijraj Bhuptani DIN 02997706 | Director | 28 May 2010 | 16 yrs 5 mo | Birds Eye Systems Private Limited |
| Harish Abichandani DIN 07053519 | Additional Director | 26 Oct 2018 | 8 yrs | Birds Eye Systems Private Limited |
People of Ridlr
1 people are tracked at Ridlr (1 in leadership); the tracked headcount is 84.
| Name | Role | Group |
|---|---|---|
Brijraj Vaghani | Co-Founder & CEO | Leadership |
Complete people profiles for Ridlr
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Ridlr
Figures of Birds Eye Systems Private Limited, the primary company behind Ridlr, for FY 2018. Revenue was ₹2.61 Cr (+11% year on year). Net loss was -₹19.68 Cr (-756% margin). EBITDA was -₹18.96 Cr (-728% margin).
- ₹2.61 CrRevenue · FY 2018 · +11% YoY
- -₹19.68 CrNet loss · -756% margin
- -₹18.96 CrEBITDA · -728% margin
- ₹3.4 LakhPaid-up capital
- 84Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Birds Eye Systems Private Limited are on its company page.
Detailed financial statements for Ridlr
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of Ridlr
5 dated milestones of Ridlr across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Ridlr is founded.
- Funding First funding round of $40K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $39K.
- Exit Acquired by Ola.
Competitors of Ridlr
Ridlr has 3 listed competitors in our database, 3 of them funded. They include redBus, IntrCity SmartBus and Cityflo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| redbus.in | 2006 | Bengaluru, India | $10M | 801 | Bus tickets are booked online via portal and mobile app. | |
| intrcity.com | 2011 | Noida, India | $46.65M | 596 | Sleeper bus tickets are provided via an online booking platform. | |
| cityflo.com | 2015 | Thane, India | $14.92M | 141 | App-based air-conditioned bus services for office commutes are provided. |
Detailed competitors of Ridlr
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Road Transport Tech
3 companies that operate in the same segment as Ridlr (Road Transport Tech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing, electric vehicles, and financial solutions are provided via app. | 2010 | Bengaluru, Karnataka, India | USD 3.83 B | USD 278.63 M | 2,473 | |
Operator of a bike taxi aggregation service, offering intra-city travel and first-mile, last-mile connectivity solutions | 2015 | Bengaluru, Karnataka, India | USD 826.75 M | USD 19.11 M | 817 | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M |
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Related news about Ridlr
Complete news archive for Ridlr
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Frequently Asked Questions about Ridlr
Ridlr was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Ridlr is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Brijraj Vaghani is the CEO of Ridlr, as recorded in our data. They have also founded this company.
Ridlr is a funded company, having raised a total of $8.26M across 8 funding rounds to date. The company's 1st funding round was a Seed of $39.57K, raised on Sep 2011.
Ridlr has 84 employees.
The primary company behind Ridlr, Birds Eye Systems Private Limited, reported revenue of ₹2.61 Cr for FY 2018, up 11% year on year.
Ridlr was founded in 2010 in Mumbai, India, as an app-based platform in the public transportation sector. Live transit information, schedules, and traffic updates are provided to users, along with options to purchase tickets, recharge metro cards, and access step-by-step navigation to nearby stations. The mobile application is available for Android devices and has been featured in media outlets such as The Economic Times and DNA.
Ridlr's top competitors include redBus, Cityflo and IntrCity SmartBus.
Ridlr has 48 investors. Key investors include Ola Cabs, Times Internet, Qualcomm Ventures, InnoVen Capital, and Fao Ventures.
The valuation of Ridlr is $25.11M as of Sep 2017.
Ridlr operates through Birds Eye Systems Private Limited.
Yes. Ridlr was acquired by Ola in April 2018.