About Snap-E Cabs
Snap-E Cabs is a company based in Kolkata (India) founded in 2021 by Mahendra Bindal and Mayank Bindal. Snap-E Cabs has raised $5 million across 2 funding rounds from investors including IP Ventures, ah! Ventures and Shish Kharesiya. The company has 80 employees as of April 07, 2024. Snap-E Cabs operates in a competitive market with competitors including BluSmart, Evera Cabs, Eprakriti, Cab-eez and Malbork, among others.
- Headquarter Kolkata, India
- Employees 80 as on 07 Apr, 2024
- Founders Mahendra Bindal, Mayank Bindal
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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 Ec Wheels India Private Limited
- Date of Incorporation 26 Feb, 2022
- Jurisdiction Kolkata, West Bengal, India
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Annual Revenue
$401.43 K (USD)0as on Mar 31, 2023
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Net Profit
-$571.32 K (USD)0as on Mar 31, 2023
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EBITDA
$201.72 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$5 M (USD)
in 2 rounds
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Latest Funding Round
$2.5 M (USD), Seed
Sep 11, 2025
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Investors
IP Ventures
& 4 more
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Employee Count
80
as on Apr 07, 2024
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People of Snap-E Cabs
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Leadership Team
1 people
Operations Team
1 people
Product Management Team
1 people
Finance and Accounting
1 people
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Funding Insights of Snap-E Cabs
Snap-E Cabs has successfully raised a total of $5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.5 million completed in September 2025. 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.
Investors in Snap-E Cabs
Snap-E Cabs has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include IP Ventures, ah! Ventures and Shish Kharesiya.
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Shish Kharesiya |
Angel investor and entrepreneur, focused on tech startups in India.
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Investor details for Snap-E Cabs
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Investments & Acquisitions by Snap-E Cabs
Investment portfolio details for Snap-E Cabs
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Financial Statements - Snap-E Cabs
Detailed financials for Snap-E Cabs
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Snap-E Cabs Comparisons
Peer comparison for Snap-E Cabs
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Competitors of Snap-E Cabs
Snap-E Cabs 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 BluSmart, Evera Cabs, Eprakriti, Cab-eez and Malbork, among others.
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Electric ride-hailing and cab services are provided via mobile app.
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Provider of an all-electric cab service
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Electric car rentals and charging stations are provided by Eprakriti.
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Operator of a technology platform providing all-electric vehicle cab booking services
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Electric taxi-hailing services are facilitated via a mobile app platform.
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Detailed competitors of Snap-E Cabs
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Latest news on Snap-E Cabs
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Frequently Asked Questions about Snap-E Cabs
Snap-E Cabs was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Snap-E Cabs is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Mayank Bindal is the current CEO of Snap-E Cabs. They have also founded this company.
Snap-E Cabs is a funded company, having raised a total of $5M across 2 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Snap-E Cabs is 80.
Annual revenue of Snap-E Cabs is $401.43K as on Mar 31, 2023.
Snap-E Cabs was founded in 2021 in Kolkata, India, within the electric mobility sector. Company-owned electric vehicles are utilized for commute bookings through a dedicated platform. Services focus on sustainable urban transportation, with the app accessible on both Android and iOS devices. Operations emphasize eco-friendly ridesharing in the region.
Snap-E Cabs's top competitors include BluSmart, Evera Cabs and Cab-eez.
Snap-E Cabs has 5 investors. Key investors include IP Ventures, ah! Ventures, Shish Kharesiya, Praveen Chand, and Jaspreet Kaur.