Roder

Delhi, India Founded: 2014 • Age: 12 yrs Minicorn
An online platform offering ride-hailing services to connect passengers with drivers efficiently.

About Roder

Roder was a Transportation, Automotive & Logistics company based in Delhi (India) founded in 2014 by Ashish Rajput, Abhishek Negi, and Siddhant Matre. An online platform offering ride-hailing services to connect passengers with drivers efficiently. It operates on a B2C model. Roder has raised $279.26 thousand across 2 funding rounds from investors including Unicorn India Ventures, ABC Fitness and Aayush Lalit Jain. Roder was last valued at $1.28 million in February 2017. The company is recorded as dissolved. Its focus areas include Transportation, Ride-sharing, Mobility Services and Online Platforms. Its legal entity in India is Vecto Technologies Private Limited (U72300WB2014PTC204494). Its competitors include Savaari, Meru and BluSmart; 3 of its 3 listed competitors have raised funding.

Company details

Roder operates with a B2C model, focusing on providing transportation services, ride-sharing, mobility services, and online platforms. An online platform offering ride-hailing services to connect passengers with drivers efficiently. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

  • Headquarters Delhi, India
  • Founders Ashish Rajput, Abhishek Negi, Siddhant Matre
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Website roder.in
  • Social X Facebook
  • Legal Name Vecto Technologies Private Limited
  • Date of Incorporation 03 Dec, 2014
  • Jurisdiction Kharagpur, West Bengal, India
Key Metrics
  • Total Equity Funding
    $279.26K (USD)

    in 2 rounds

  • Latest Funding Round
    $37.38K (USD), Seed

    Feb 2017

  • Investors

Funding Insights of Roder

Roder has successfully raised a total of $279.26K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $37.38 thousand completed in February 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 $279,261
  • Total Rounds 2
  • Last Round Seed β€” $37,376
  • First Round $241,885

    (Sep 2015)

  • Investors Count 15

All 2 funding rounds of Roder with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2017$37,376Seed$1.28MUnicorn India Ventures
–
Sep 2015$241,885Seed$1.25MUnicorn India Ventures
Valuation history
DateValuationStage
Feb 2017$1.28Mβ€’β€’β€’β€’β€’β€’β€’β€’
Sep 2015$1.25Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.28M (Feb 2017). 15 investors in total: 5 institutional and 10 angel.

Investors in Roder

Roder has secured backing from 15 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Unicorn India Ventures, ABC Fitness and Aayush Lalit Jain.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm offering seed funding and support to startups in technology and innovation sectors.
2014unicornivc.comMumbai, India
Cloud-based business management tool for fitness centers
1981abcfitness.comSherwood, United States

Aayush Lalit Jain

Angel investor and entrepreneur, focused on tech startups in India.
unknown_a8b401cf64654eafa

P D Gupta

unknown_ffc916ee57774f608

Rahul Kayan

Angel investor, ex-entrepreneur, focused on early-stage Indian startups
unknown_ace6b8946e3540439

Hina Parekh

unknown_1d2be556010449438

Salil Gupta

unknown_f797fab43e4e4b698

Chetan Todi

unknown_5565f859da9b46d7a

Nikunj Drolia

unknown_eaa8022eddd242cea

Akash Sethia

Angel investor and entrepreneur, co-founder of The Souled Store, active in startups
unknown_7eee4c83f27741daa
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Investor details for Roder

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Verified entity values are shown only after access is granted.

Board of directors of Vecto Technologies Private Limited (Roder)

Vecto Technologies Private Limited is the primary company behind Roder. The board of Vecto Technologies Private Limited currently have 2 directors; the longest-serving is Ashish Rajput, appointed in 2014. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Ashish Rajput
DIN 06985578
Director03 Dec 201411 yrs 10 moVecto Technologies Private Limited
Siddhant Ashok Matre
DIN 06985558
Director03 Dec 201411 yrs 10 moVecto Technologies Private Limited

People of Roder

3 people are tracked at Roder (3 in leadership).

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
Co-FounderLeadership
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Complete people profiles for Roder

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Verified entity values are shown only after access is granted.

Timeline of Roder

4 dated milestones of Roder across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Roder is founded.
  2. Funding First funding round of $242K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $37K.

Competitors of Roder

Roder has 3 listed competitors in our database, 3 of them funded. They include Savaari, Meru and BluSmart.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
savaari.com2006Bengaluru, India$5.93M192
App-based intercity ride-hailing aggregator
meru.in2007Mumbai, India$135.07M23
Ride-hailing services are facilitated via an app-based platform.
blu-smart.com2019Mumbai, India$167.59M613
Electric ride-hailing and cab services are provided via mobile app.
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Detailed competitors of Roder

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Verified entity values are shown only after access is granted.

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Related news about Roder

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Frequently Asked Questions about Roder

Roder was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Roder is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Roder is a funded company, having raised a total of $279.26K across 2 funding rounds to date. The company's 1st funding round was a Seed of $241.89K, raised on Sep 2015.

Roder operates with a B2C model, focusing on providing transportation services, ride-sharing, mobility services, and online platforms. An online platform offering ride-hailing services to connect passengers with drivers efficiently. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Roder's top competitors include BluSmart, Savaari and Meru.

Roder has 15 investors. Key investors include Unicorn India Ventures, ABC Fitness, Aayush Lalit Jain, P D Gupta, and Rahul Kayan.

The valuation of Roder is $1.28M as of Feb 2017.

Roder operates through Vecto Technologies Private Limited.

The legal entities of Roder currently have 2 directors, including Ashish Rajput, Siddhant Ashok Matre.

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