About Smovengo
Smovengo is a company based in Paris (France) founded in 2017 was acquired by IndiGo in January 2025.. Smovengo operates in a competitive market with competitors including Niu, Cityscoot, Zoov, Bik'air and Mobendi, among others.
- Headquarter Paris, France
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Funding Insights of Smovengo
| 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 Smovengo
Smovengo has secured backing from 1 investor. Prominent investors backing the company include IndiGo. 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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Low-cost domestic and international airline services are operated.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Smovengo
| 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 - Smovengo
| 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 |
Smovengo Comparisons
Competitors of Smovengo
Smovengo 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 Niu, Cityscoot, Zoov, Bik'air and Mobendi, 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 |
Electric scooters are developed and fleets are provided for ride-sharing.
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Dockless electric scooters are rented via mobile app in France.
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On-demand e-bike sharing is facilitated through a mobile app platform.
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Online platform offering electric bicycle rental services
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Solar-powered charging stations for electric bicycles are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Smovengo
Frequently Asked Questions about Smovengo
When was Smovengo founded?
Smovengo was founded in 2017.
Where is Smovengo located?
Smovengo is headquartered in Paris, France.
What does Smovengo do?
Smovengo was established in 2017 as a consortium involving Indigo, Mobivia, Smoove, and Moventia, all French entities in mobility and transport. A station-based electric bicycle rental service is operated in select cities, including Paris, where a tender was secured in 2019. Bookings are facilitated via a mobile application after user registration. The ecosystem encompasses electric bicycles and linked stations within the urban mobility sector. Headquarters are based in Paris, France.
Who are the top competitors of Smovengo?
Who are Smovengo's investors?
Smovengo has 1 investor. Key investors include IndiGo.
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