SWYTCHD

Bengaluru, India Founded: 2021 • Age: 5 yrs
Subscription-based electric vehicle rental service provider
Annual revenue $158,364 Latest available
Total funding $553,000 2 rounds
Employees 1 Tracked headcount
Investors 38 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About SWYTCHD

SWYTCHD is a company based in Bengaluru (India) founded in 2021 by Sameer Arif Sinclair. SWYTCHD has raised $553 thousand across 2 funding rounds from investors including Alstom, Venture Catalysts and LetsVenture. The company has 1 employees as of March 28, 2024.

  • Headquarter Bengaluru, India
  • Employees 1 as on 28 Mar, 2024
  • Founders Sameer Arif Sinclair
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Swytchd Mobility Private Limited
  • Date of Incorporation 09 Dec, 2021
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $158.36 K (USD)
    7030.69
    as on Mar 31, 2023
  • Net Profit
    -$64.21 K (USD)
    -978.63
    as on Mar 31, 2023
  • EBITDA
    -$26.69 K (USD)
    -28526.34
    as on Mar 31, 2023
  • Total Equity Funding
    $553 K (USD)

    in 2 rounds

  • Latest Funding Round
    Not available
  • Investors
    Alstom

    & 37 more

  • Employee Count
    1

    as on Mar 28, 2024

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Funding Insights of SWYTCHD

SWYTCHD has successfully raised a total of $553K 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.

Investors in SWYTCHD

SWYTCHD has secured backing from 38 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Alstom, Venture Catalysts and LetsVenture.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Incubation and support services for startups in technology, innovation, and social impact in India.
Locked Locked Locked
Investments are directed by ZNL Ventures toward early-stage technology startups.
Locked Locked Locked
Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Investor details for SWYTCHD

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Investments & Acquisitions by SWYTCHD

Investments
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Financial Statements - SWYTCHD

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Swytchd Comparisons

SWYTCHD Primary company
Description
Subscription-based electric vehicle rental service provider
Location
Bengaluru, India
Founded Year
2021
Annual Revenue
$158.36 K (USD)
Net Profit
-$64.21 K (USD)
EBITDA
-$26.69 K (USD)
Employees
1
As of 2024
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Peer comparison for SWYTCHD

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Competitors of SWYTCHD

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Latest news on Swytchd

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Frequently Asked Questions about SWYTCHD

SWYTCHD was founded in 2021 and raised its 1st funding round 1 year after it was founded.

SWYTCHD is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Sameer Arif Sinclair is the current CEO of SWYTCHD. They have also founded this company.

SWYTCHD is a funded company, having raised a total of $553K across 2 funding rounds to date.

As of Mar 28, 2024, the latest employee count at SWYTCHD is 1.

Annual revenue of SWYTCHD is $158.36K as on Mar 31, 2023.

Subscription-based electric vehicle rental service provider. It offers a range of electric vehicles, including bikes and cars, on an all-inclusive monthly plan, allowing users with the benefits of electric mobility without the upfront costs.

SWYTCHD has 38 investors. Key investors include Alstom, Venture Catalysts, LetsVenture, NSRCEL, and Keiretsu Forum.

The valuation of SWYTCHD is $2.48M as of Dec 2022.

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