Rove India

Bengaluru, India Founded: 2017 • Age: 9 yrs
Offers an app-based electric car rental service for convenient urban mobility.

About Rove India

Rove India was a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2017. It offers an app-based electric car rental service for convenient urban mobility. It operates on a B2C model. Its Indian entity Rove Network And Operations Private Limited reported revenue of β‚Ή49.4 Lakh. The company is recorded as dissolved. Its focus areas include Transportation, Mobility Services, Vehicle Rental and Electric Car Sharing. Its competitors include TIER, Revv, Carzonrent, Long Drive Cars and Drivezy and 4 more; 3 of its 9 listed competitors have raised funding.

Company details

Rove India, based in Bengaluru, focuses on providing transportation services, mobility services, vehicle rental, and electric car sharing. Offers an app-based electric car rental service for convenient urban mobility. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.

Key Metrics
  • Annual Revenue
    ₹49.4 Lakh

    FY 2021 · -50% YoY

  • Net Profit
    ₹23.5 Lakh

    FY 2021 · 48% margin

  • EBITDA
    ₹79,859

    FY 2021 · 2% margin

Board of directors of Rove Network And Operations Private Limited (Rove India)

Rove Network And Operations Private Limited is the primary company behind Rove India. The board of Rove Network And Operations Private Limited currently have 2 directors; the longest-serving is Raj Parolia, appointed in 2017.

DirectorDesignationAppointedTenureEntity
Raj Parolia
DIN 07598859
Director10 Jan 20179 yrs 9 moRove Network And Operations Private Limited
Saksham Harivyasi
DIN 07594896
Director10 Jan 20179 yrs 9 moRove Network And Operations Private Limited

Financials of Rove India

Figures of Rove Network And Operations Private Limited, the primary company behind Rove India, for FY 2021. Revenue was ₹49.4 Lakh (-50% year on year). Net profit was ₹23.5 Lakh (48% margin). EBITDA was ₹79,859 (2% margin).

  • ₹49.4 LakhRevenue · FY 2021 · -50% YoY
  • ₹23.5 LakhNet profit · 48% margin
  • ₹79,859EBITDA · 2% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Rove Network And Operations Private Limited are on its company page.

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Detailed financial statements for Rove India

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Competitors of Rove India

Rove India has 9 listed competitors in our database, 3 of them funded. They include TIER, Revv, Carzonrent, Long Drive Cars and Drivezy, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
tier.app2018Berlin, Germany$660M–
Electric kick-scooters are rented through a mobile app platform.
revv.co.in2015Bengaluru, India$38.23M200
Cars are rented online via a user-friendly platform.
carzonrent.com2000Delhi, India–295
Car rental services are facilitated via an online booking platform.
longdrivecars.com2016Hyderabad, India––
Provides self-drive car rentals with unlimited kilometers and no deposit services.
drivezy.com2015Bengaluru, India$39.05M5
Car rentals are booked through an online platform by Drivezy.
mychoize.com2015Delhi, India––
Provides self-drive car rental services via app and website.
trippycar.com2016Raipur, India––
Provides self-drive car rentals in Indian cities with no hidden charges and easy booking.
driven.in2015Hyderabad, India–36
Online self-drive car and bike rentals are provided.
carre-mobility.de2020Berlin, Germany––
Multi-category self-driven vehicle rentals and car-pooling are provided online.
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Detailed competitors of Rove India

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Web traffic of Rove India

The website of Rove India (gorove.in) receives about 1.6K visits a month.

  • Monthly visits
    1.6K

    ▲ 5.9% vs previous month

Top companies in Car Rentals

10 companies that operate in the same segment as Rove India (Car Rentals), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Europcar is recognized as a global leader in car rental services.
1949Seychelles–––
Car rental services are provided across the United Kingdom.
1975London, England, United Kingdom–––
Trailer rental services are provided by Freetrailer in Denmark.
2004Copenhagen, DenmarkUSD 1.62 M––
Car rental services are provided to customers worldwide.
1918Estero, Florida, United States–USD 8.5 B26,000
Car rental services are provided by ADAC to various customers.
1903Munchen, Bayern, Germany–––
Ridesharing services are provided in Japan by Newmo.
2024Minato, Tokyo, JapanUSD 51.43 M––
Car rental and transportation services are provided for diverse needs.
1996Delhi, Delhi, India–USD 86.12 M950
Offers self-drive car rentals across South India with doorstep delivery and subscriptions.
2018Ernakulam, Kerala, India–USD 329.22 M–
Self-drive car rental services are provided by Thrifty to customers.
1958Estero, Florida, United States–––
Car rental and mobility services for corporate and personal needs in India and internationally.
1996Delhi, Delhi, India–––
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Frequently Asked Questions about Rove India

Rove India was founded in 2017.

Rove India is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

The primary company behind Rove India, Rove Network And Operations Private Limited, reported revenue of β‚Ή49.4 Lakh for FY 2021, down 50% year on year.

Rove India, based in Bengaluru, focuses on providing transportation services, mobility services, vehicle rental, and electric car sharing. Offers an app-based electric car rental service for convenient urban mobility. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.

Rove India's top competitors include TIER, Revv and Carzonrent.

Rove India operates through Rove Network And Operations Private Limited.

The legal entities of Rove India currently have 2 directors, including Raj Parolia, Saksham Harivyasi.

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