About Snap-E Cabs
Snap-E Cabs is a Transportation, Automotive & Logistics company based in Kolkata (India) founded in 2021 by Mahendra Bindal and Mayank Bindal. Electric cab services are provided via an app-based booking platform. Snap-E Cabs has raised $5.03 million across 3 funding rounds from investors including IP Ventures, ah! Ventures and Shish Kharesiya. The company has 80 employees. Its chief executive, as recorded, is Mayank Bindal. Its Indian entity Ec Wheels India Private Limited reported revenue of ₹54.87 Cr. Its focus areas include Consumer, Road Transport Tech, Ride Hailing and Cars. Its competitors include BluSmart, Evera Cabs and Eprakriti; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Kolkata, India
- Employees 80
- Founders Mahendra Bindal, Mayank Bindal
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website snapecabs.com
- Social LinkedIn X Facebook Instagram
- Legal Name Ec Wheels India Private Limited
- Date of Incorporation 26 Feb, 2022
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹54.87 Cr
FY 2025 · +84% YoY
- Net Loss-₹16.68 Cr
FY 2025 · -30% margin
- EBITDA-₹7.94 Cr
FY 2025 · -14% margin
- Total Equity Funding$5.03M (USD)
in 3 rounds
- Latest Funding Round$2.5M (USD), Seed
Sep 2025
- InvestorsIP Ventures
& 5 more
- Employee Count80
Associated legal entities of Snap-E Cabs
Snap-E Cabs is associated with 2 registered companies on The Company Check; the primary company is Ec Wheels India Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ec Wheels India Private Limited CIN U74999WB2022PTC251914 | Active | 26 Feb 2022 | Kolkata, West Bengal | ₹54.9 Cr | 152 | 2 | View details |
| Steelman Telecom Limited Listed CIN L55101WB2003PLC096195 | Active | 12 May 2003 | New Town, West Bengal | ₹232 Cr | 1,396 | 7 | View details |
Apps and channels of Snap-E Cabs
Snap-E Cabs publishes 1 mobile app with over 500K+ downloads.
Funding Insights of Snap-E Cabs
Snap-E Cabs has successfully raised a total of $5.03M across 3 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.
- Total Funding $5.03M
- Total Rounds 3
- Last Round Seed — $2.5M
- First Round $2.5M
(Feb 2024)
- Investors Count 6
All 3 funding rounds of Snap-E Cabs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2025 | $2.5M | Seed | – | Inflection Point Ventures | |
| Jul 2024 | $32,239 | Seed | – | – | |
| Feb 2024 | $2.5M | Seed | – | Inflection Point Ventures | – |
6 investors in total: 3 institutional and 3 angel.
Investors in Snap-E Cabs
Snap-E Cabs has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include IP Ventures, ah! Ventures and Shish Kharesiya.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in early-stage tech startups across sectors. | ipventures.in | Gurugram, India | ||
| wefoundercircle.com | ||||
Fundraising is enabled for startups through an investor connection platform. | ahventures.in | Mumbai, India | ||
SK Shish Kharesiya | Angel investor and entrepreneur, focused on tech startups in India. | unknown_1c28e0b4ac5149cc9 | ||
PC Praveen Chand | unknown_e29e86053d9744c69 | |||
JK Jaspreet Kaur | unknown_03562af4142b4c908 |
Investor details for Snap-E Cabs
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Ec Wheels India Private Limited (Snap-E Cabs)
Ec Wheels India Private Limited is the primary company behind Snap-E Cabs. The boards of the 2 registered companies of Snap-E Cabs currently have 6 directors; the longest-serving is Mahendra Bindal, appointed in 2003. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mahendra Bindal DIN 00484964 | Managing Director | 12 May 2003 | 23 yrs 5 mo | Steelman Telecom Limited, Ec Wheels India Private Limited |
| Girish Bindal DIN 00484979 | Director | 12 May 2003 | 23 yrs 5 mo | Steelman Telecom Limited |
| Mayank Bindal DIN 02185797 | Director | 26 Feb 2022 | 4 yrs 7 mo | Ec Wheels India Private Limited |
| Atul Kumar Bajpai DIN 00173886 | Director | 17 May 2022 | 4 yrs 5 mo | Steelman Telecom Limited |
| Saloni Bindal DIN 09607557 | Director | 01 Jul 2022 | 4 yrs 3 mo | Steelman Telecom Limited |
| Pravin Poddar DIN 09003659 | Director | 01 Jul 2022 | 4 yrs 3 mo | Steelman Telecom Limited |
People of Snap-E Cabs
5 people are tracked at Snap-E Cabs (4 in leadership, 1 in team); the tracked headcount is 80.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
Rahul Shaw | Head Of Operations & Strategy | Leadership |
Udit Rawat | Chief Financial Officer | Leadership |
Ankur Ghosh | Product | Team |
Complete people profiles for Snap-E Cabs
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- Full employee list
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Verified entity values are shown only after access is granted.
Financials of Snap-E Cabs
Figures of Ec Wheels India Private Limited, the primary company behind Snap-E Cabs, for FY 2025. Revenue was ₹54.87 Cr (+84% year on year). Net loss was -₹16.68 Cr (-30% margin). EBITDA was -₹7.94 Cr (-14% margin).
- ₹54.87 CrRevenue · FY 2025 · +84% YoY
- -₹16.68 CrNet loss · -30% margin
- -₹7.94 CrEBITDA · -14% margin
- ₹12.36 CrPaid-up capital
- 152Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Ec Wheels India Private Limited are on its company page.
Detailed financial statements for Snap-E Cabs
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Snap-E Cabs
3 dated milestones of Snap-E Cabs across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Snap-E Cabs is founded.
- Funding First funding round of $2.5M.
- Funding Latest funding round, Seed, of $2.5M.
Competitors of Snap-E Cabs
Snap-E Cabs has 3 listed competitors in our database, 3 of them funded. They include BluSmart, Evera Cabs and Eprakriti.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blu-smart.com | 2019 | Mumbai, India | $167.59M | 613 | Electric ride-hailing and cab services are provided via mobile app. | |
| everacabs.com | 2019 | Delhi, India | $14M | 27 | Provider of an all-electric cab service | |
| eprakriti.com | 2019 | Delhi, India | $3.11M | 25 | Electric car rentals and charging stations are provided by Eprakriti. |
Detailed competitors of Snap-E Cabs
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Snap-E Cabs
The website of Snap-E Cabs (snapecabs.com) receives about 8.4K visits a month.
- Monthly visits8.4K
▼ 54.4% vs previous month
Top companies in Road Transport Tech
3 companies that operate in the same segment as Snap-E Cabs (Road Transport Tech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 | |
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 | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M |
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Related news about 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 CEO of Snap-E Cabs, as recorded in our data. They have also founded this company.
Snap-E Cabs is a funded company, having raised a total of $5.03M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Feb 2024.
Snap-E Cabs has 80 employees.
The primary company behind Snap-E Cabs, Ec Wheels India Private Limited, reported revenue of ₹54.87 Cr for FY 2025, up 84% year on year.
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 Eprakriti.
Snap-E Cabs has 6 investors. Key investors include IP Ventures, ah! Ventures, Shish Kharesiya, Praveen Chand, and Jaspreet Kaur.
Snap-E Cabs is associated with 2 legal entities: Ec Wheels India Private Limited, Steelman Telecom Limited.
The legal entities of Snap-E Cabs currently have 8 directors, including Mahendra Bindal, Girish Bindal, Aparupa Das and others.
Yes. Snap-E Cabs publishes SnapE Cabs, with over 500,000 downloads.