About Scooton
Scooton is a company based in Delhi (India) founded in 2022 by Lalit Sagar, Swarnim Muwar, and Rajeev Kumar Singh. Scooton has raised $25.01 thousand across 2 funding rounds from investors including IIM Lucknow Enterprise Incubation Center, Saksham Dhawan and Ranbir Singh Shonak. The company has 1 employees as of April 07, 2024. Scooton offers products and services including Parcel Delivery Service, Food Delivery, and Medicine Delivery. Scooton operates in a competitive market with competitors including Grab, Dunzo, Pidge, PIQYU and Telyport, among others.
- Headquarter Delhi, India
- Employees 1 as on 07 Apr, 2024
- Founders Lalit Sagar, Swarnim Muwar, Rajeev Kumar Singh
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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 Ojay Tech Private Limited
- Date of Incorporation 27 May, 2022
- Jurisdiction East Delhi, Delhi, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$25.01 K (USD)
in 2 rounds
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Latest Funding Round
- Investors
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Employee Count
1
as on Apr 07, 2024
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Products & Services of Scooton
Scooton offers a comprehensive portfolio of products and services, including Parcel Delivery Service, Food Delivery, and Medicine Delivery.
App-based service for on-demand pickup and delivery of parcels.
Service for transporting restaurant meals and groceries efficiently.
On-demand pickup and delivery of medicines from pharmacies.
Funding Insights of Scooton
Scooton has successfully raised a total of $25.01K across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(16 Aug 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2024 | Amount | Seed - Scooton | Valuation |
investors |
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| Aug, 2022 | Amount | Angel Round - Scooton | Valuation | Saksham Dhawan , Ranbir Singh Shonak |
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Investors in Scooton
Scooton has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include IIM Lucknow Enterprise Incubation Center, Saksham Dhawan and Ranbir Singh Shonak.
| Investor | Description | Founded Year | Domain | Location |
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Incubation and support for startups in education and technology sectors in Noida.
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Founded Year | Domain | Location | |
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SD
Saksham Dhawan |
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Founded Year | Domain | Location |
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RS
Ranbir Singh Shonak |
Angel investor and entrepreneur, focusing on early-stage Indian startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Scooton
Financial Statements - Scooton
Scooton Comparisons
Competitors of Scooton
Scooton 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 Grab, Dunzo, Pidge, PIQYU and Telyport, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Ride-hailing and on-demand delivery services are aggregated via mobile app.
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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| domain | founded_year | HQ Location |
Logistics intelligence and fulfillment solutions are delivered for businesses.
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| domain | founded_year | HQ Location |
Web-enabled 3PL services are provided for hyperlocal delivery management.
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| domain | founded_year | HQ Location |
Hyperlocal on-demand courier deliveries are facilitated for various goods.
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| domain | founded_year | HQ Location |
Last-mile delivery and logistics solutions are provided via technology platform.
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Latest news on Scooton
Frequently Asked Questions about Scooton
Scooton was founded in 2022.
Scooton is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Rajeev Kumar Singh is the current CEO of Scooton. They have also founded this company.
Scooton is a funded company, having raised a total of $25.01K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $25.01K, raised on Aug 16, 2022.
As of Apr 07, 2024, the latest employee count at Scooton is 1.
Founded in 2022 and based in Delhi, India, Scooton operates as a tech-enabled platform for on-demand hyperlocal parcel delivery. Services are provided for categories including restaurants and food supplies, with features such as real-time tracking and route optimization integrated. The application is accessible on both iOS and Android devices, supporting efficient local logistics.
Scooton offers Parcel Delivery Service, Food Delivery, and Medicine Delivery.
Scooton has 3 investors. Key investors include IIM Lucknow Enterprise Incubation Center, Saksham Dhawan, and Ranbir Singh Shonak.
The valuation of Scooton is $252.06K as of Aug 2022.