About Ridobiko
Ridobiko is a company based in Delhi (India) founded in 2016.. Ridobiko has raised $13.58 thousand across 1 funding round from investors including Indian Institute of Technology Roorkee and TIDES Business Incubator. Ridobiko operates in a competitive market with competitors including Vogo, ONN Bikes, Ontrack, Ghoom and Bykemania, among others.
- Headquarter Delhi, India
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Ridobiko Solutions Private Limited
- Date of Incorporation 16 Mar, 2017
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$10.24 K (USD)181.89as on Mar 31, 2021
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Net Profit
$740.95 (USD)342.7as on Mar 31, 2021
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EBITDA
$1.95 K (USD)167.28as on Mar 31, 2021
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Total Equity Funding
$13.58 K (USD)
in 1 rounds
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Latest Funding Round
$13.58 K (USD), Seed
Dec 28, 2020
- Investors
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Employee Count
Employee Count
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Funding Insights of Ridobiko
Ridobiko has successfully raised a total of $13.58K through 1 strategic funding round. The most recent funding activity was a Seed round of $13.58 thousand completed in December 2020. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $13,575
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First Round
First Round
(28 Dec 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Seed - Ridobiko | Valuation | TIDES Business Incubator , Indian Institute of Technology Roorkee |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Ridobiko
Ridobiko has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Indian Institute of Technology Roorkee and TIDES Business Incubator. 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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Startup incubator
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Founded Year | Domain | Location | |
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College offering multiple courses and degrees
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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 Ridobiko
| 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 |
Financial Statements - Ridobiko
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Ridobiko Comparisons
Competitors of Ridobiko
Ridobiko 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 Vogo, ONN Bikes, Ontrack, Ghoom and Bykemania, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
On-demand scooter rentals are facilitated via mobile app in India.
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| domain | founded_year | HQ Location |
On-demand two-wheeler rentals and rent-to-own options are provided.
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| domain | founded_year | HQ Location |
Ontrack is engaged in two-wheeler rental and financing services.
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| domain | founded_year | HQ Location |
Operates an app-based platform for electric scooter rental services.
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| domain | founded_year | HQ Location |
Offers self-drive motorbike rental services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Ridobiko
When was Ridobiko founded?
Ridobiko was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is Ridobiko located?
Ridobiko is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Ridobiko a funded company?
Ridobiko is a funded company, having raised a total of $13.58K across 1 funding round to date. The company's 1st funding round was a Seed of $13.58K, raised on Dec 28, 2020.
What is the annual revenue of Ridobiko?
Annual revenue of Ridobiko is $10.24K as on Mar 31, 2021.
What does Ridobiko do?
Ridobiko was founded in 2016 in Delhi, India, as an online marketplace in the motorbike rental sector. Motorbikes are searched for and booked by users for defined time periods through the platform. Rentals are arranged either by delivery to doorsteps or pickup from designated stations, supporting urban mobility needs in the region. Operations focus on streamlined access to two-wheeled vehicles without ownership requirements.
Who are the top competitors of Ridobiko?
Ridobiko's top competitors include Vogo, ONN Bikes and Exa Mobility.
Who are Ridobiko's investors?
Ridobiko has 2 investors. Key investors include Indian Institute of Technology Roorkee, and TIDES Business Incubator.
What is Ridobiko's valuation?
The valuation of Ridobiko is $531.55K as of Dec 2020.