About Rydey
Rydey is a Transportation, Automotive & Logistics company based in Thiruvananthapuram (India) founded in 2016. It operates as an a cloud-based platform for managing employee transportation efficiently. It operates on a B2B model. The company has 4 employees. Its Indian entity Lagnitta Technologies Private Limited reported revenue of ₹3.19 Cr. Its focus areas include Transportation and Logistics, Logistics Software, Transportation Management and Employee Mobility. Its competitors include MoveInSync, Routematic, Commutec, Volercars and WhistleDrive and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
Rydey a cloud-based platform for managing employee transportation efficiently through transportation and logistics, logistics software, transportation management, and employee mobility. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Thiruvananthapuram, India
- Employees 4
- SectorsTransportation, Automotive & Logistics
- Website rydey.in
- Social X Facebook
- Legal Name Lagnitta Technologies Private Limited
- Date of Incorporation 23 Dec, 2016
- Jurisdiction Thiruvananthapuram, Kerala, India
- Annual Revenue₹3.19 Cr
FY 2024 · +111% YoY
- Net Profit₹16.4 Lakh
FY 2024 · 5% margin
- EBITDA₹20.8 Lakh
FY 2024 · 7% margin
- Employee Count4
Associated legal entities of Rydey
Rydey operates through Lagnitta Technologies 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 |
|---|---|---|---|---|---|---|---|
| Lagnitta Technologies Private Limited CIN U74999KL2016PTC047620 | Active | 23 Dec 2016 | Thiruvananthapuram, Kerala | ₹3.2 Cr | 4 | 3 | View details |
Board of directors of Lagnitta Technologies Private Limited (Rydey)
Lagnitta Technologies Private Limited is the primary company behind Rydey. The board of Lagnitta Technologies Private Limited currently have 3 directors; the longest-serving is Sarin Prasad, appointed in 2016. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sarin Prasad DIN 07675221 | Director | 23 Dec 2016 | 9 yrs 9 mo | Lagnitta Technologies Private Limited |
| Sibi Bhama Raghunathan DIN 10262465 | Director | 01 Aug 2023 | 3 yrs 2 mo | Lagnitta Technologies Private Limited |
| Sushama Prasad DIN 10997111 | Director | 05 Mar 2025 | 1 yr 7 mo | Lagnitta Technologies Private Limited |
Financials of Rydey
Figures of Lagnitta Technologies Private Limited, the primary company behind Rydey, for FY 2024. Revenue was ₹3.19 Cr (+111% year on year). Net profit was ₹16.4 Lakh (5% margin). EBITDA was ₹20.8 Lakh (7% margin). Revenue has grown at a compounded annual rate of +67% over three years and +33% over five years.
- ₹3.19 CrRevenue · FY 2024 · +111% YoY
- ₹16.4 LakhNet profit · 5% margin
- ₹20.8 LakhEBITDA · 7% margin
- ₹1 LakhPaid-up capital
- 4Employees (provident fund records)
- +67%Revenue CAGR, 3 years
- +33%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Lagnitta Technologies Private Limited are on its company page.
Detailed financial statements for Rydey
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
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Verified entity values are shown only after access is granted.
Competitors of Rydey
Rydey has 9 listed competitors in our database, 8 of them funded. They include MoveInSync, Routematic, Commutec, Volercars and WhistleDrive, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| moveinsync.com | 2009 | Bengaluru, India | $32.62M | 887 | Employee transportation management solutions are provided for automated commutes. | |
| routematic.com | 2007 | Bengaluru, India | $47.13M | 547 | Provider of employee transportation management platform with fleet and technology solutions | |
| commutec.in | 2016 | Navi Mumbai, India | $199,546 | 106 | SaaS route scheduling software is provided for employee transport management. | |
| volercars.com | 2010 | Delhi, India | $1.03M | 25 | Self-drive cars are rented online via a booking platform. | |
| whistledrive.com | 2016 | Hyderabad, India | $11.83M | 121 | Transportation and fleet management are facilitated via an online platform. | |
| eeetaxi.com | 2016 | Gurugram, India | $932,023 | 31 | Tech-enabled platform offering electric vehicle ride-hailing management solutions | |
| klevermind.com | 2015 | Delhi, India | $115,079 | – | Comprehensive mobility-as-a-service solutions are delivered via a tech-enabled platform. | |
| dudubashi.com | 2015 | Shenzhen, China | $25.49M | – | Provider of corporate travel solution | |
| e-mov.cl | 2018 | Santiago, Chile | – | – | Online platform offering multi-category vehicles for on-demand ride-hailing |
Detailed competitors of Rydey
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
10 companies that operate in the same segment as Rydey (Road Transport Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
An online platform providing ride-hailing and food delivery services | 2009 | San Francisco, California, United States | USD 13.21 B | USD 52.02 B | 34,000 | |
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 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Operator of a bike taxi aggregation service, offering intra-city travel and first-mile, last-mile connectivity solutions | 2015 | Bengaluru, Karnataka, India | USD 798.05 M | USD 19.11 M | 817 | |
Rides and deliveries are facilitated via a mobile app platform. | 2012 | Dubai, Dubai, United Arab Emirates | USD 771.7 M | – | 6,360 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | – | 2,813 | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Bus tickets are booked online via portal and mobile app. | 2006 | Bengaluru, Karnataka, India | USD 10 M | – | – | |
App-based ride-hailing aggregator | 2007 | San Francisco, California, United States | USD 5.02 B | USD 6.32 B | 3,913 |
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Frequently Asked Questions about Rydey
Rydey was founded in 2016.
Rydey is headquartered in Thiruvananthapuram, India. It is registered at Thiruvananthapuram, Kerala, India.
Rydey has 4 employees.
The primary company behind Rydey, Lagnitta Technologies Private Limited, reported revenue of ₹3.19 Cr for FY 2024, up 111% year on year.
Rydey a cloud-based platform for managing employee transportation efficiently through transportation and logistics, logistics software, transportation management, and employee mobility. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Rydey's top competitors include MoveInSync, Routematic and Volercars.
Rydey operates through Lagnitta Technologies Private Limited.
The legal entities of Rydey currently have 3 directors, including Sibi Bhama Raghunathan, Sarin Prasad, Sushama Prasad.