About Tazzo
Tazzo was a Transportation, Automotive & Logistics company based in Hyderabad (India) founded in 2015 by Shivangi Srivastava, Vikrant Gosain, and Priyank Suthar. It provides online on-demand motorbike rental services for convenient urban mobility. It operates on a B2C model. Tazzo has raised $673.64 thousand across 2 funding rounds from investors including DSG Consumer Partners and Kapil Chopra. The company has 15 employees. Tazzo was last valued at $1.28 million in October 2016. Its Indian entity Tazzo Technologies Private Limited reported revenue of ₹1.80 Cr. The company is recorded as dissolved. Its focus areas include Transportation, Rental Services, Vehicle Sharing and Motorbike Rentals. Its competitors include Royal Brothers, Wheelstreet, Rentrip, Bike4Rent and Wheelify and 1 more; 2 of its 6 listed competitors have raised funding.
Company details
Tazzo, established in 2015 and currently in Dissolved stage, focuses on providing transportation services, providing rental services, vehicle sharing, and motorbike rentals. Provides online on-demand motorbike rental services for convenient urban mobility. Adapting to market demands with innovation and client-focused strategies.
- Headquarters Hyderabad, India
- Employees 15
- Founders Shivangi Srivastava, Vikrant Gosain, Priyank Suthar
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Website tazzobikes.com
- Social X Facebook
- Legal Name Tazzo Technologies Private Limited
- Date of Incorporation 06 Nov, 2015
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹1.80 Cr
FY 2017 · +37071% YoY
- Net Loss-₹3.04 Cr
FY 2017 · -168% margin
- EBITDA-₹3.00 Cr
FY 2017 · -166% margin
- Total Equity Funding$673.64K (USD)
in 2 rounds
- Latest Funding Round$673.64K (USD), Seed
Oct 2016
- InvestorsDSG Consumer Partners
& 1 more
- Employee Count15
Associated legal entities of Tazzo
Tazzo operates through Tazzo Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2017) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tazzo Technologies Private Limited CIN U72200TG2015PTC101600 | Active | 06 Nov 2015 | Hyderabad, Telangana | ₹1.8 Cr | 15 | 2 | View details |
Funding Insights of Tazzo
Tazzo has successfully raised a total of $673.64K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $673.64 thousand completed in October 2016. 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 $673,637
- Total Rounds 2
- Last Round Seed — $673,637
- Investors Count 2
All 2 funding rounds of Tazzo 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 |
|---|---|---|---|---|---|
| Oct 2016 | $673,637 | Seed | $1.28M | DSG Consumer Partners | – |
| Mar 2016 | – | Angel Round | $74,366 | Kapil Chopra | – |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2016 | $1.28M | •••••••• |
Last known valuation $1.28M (Oct 2016). 2 investors in total: 1 institutional and 1 angel.
Investors in Tazzo
Tazzo has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include DSG Consumer Partners and Kapil Chopra.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investing in and supporting insurgent consumer brands in India and Southeast Asia. | – | dsgcp.com | - | |
KC Kapil Chopra | - | – | unknown_5686ade0a1ca4198b | - |
Investor details for Tazzo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Tazzo Technologies Private Limited (Tazzo)
Tazzo Technologies Private Limited is the primary company behind Tazzo. The board of Tazzo Technologies Private Limited currently have 2 directors; the longest-serving is Shivangi Srivastava, appointed in 2015. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shivangi Srivastava DIN 07297975 | Director | 06 Nov 2015 | 10 yrs 11 mo | Tazzo Technologies Private Limited |
| Priyam Saraswat DIN 07297979 | Director | 06 Nov 2015 | 10 yrs 11 mo | Tazzo Technologies Private Limited |
People of Tazzo
3 people are tracked at Tazzo (3 in leadership); the tracked headcount is 15.
| Name | Role | Group |
|---|---|---|
| Co-Founder, CTO | Leadership | |
Vikrant Gosain | Ex-Co-Founder | Leadership |
Priyank Suthar | Co-Founder | Leadership |
Complete people profiles for Tazzo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Tazzo
Figures of Tazzo Technologies Private Limited, the primary company behind Tazzo, for FY 2017. Revenue was ₹1.80 Cr (+37071% year on year). Net loss was -₹3.04 Cr (-168% margin). EBITDA was -₹3.00 Cr (-166% margin).
- ₹1.80 CrRevenue · FY 2017 · +37071% YoY
- -₹3.04 CrNet loss · -168% margin
- -₹3.00 CrEBITDA · -166% margin
- ₹2.6 LakhPaid-up capital
- 15Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Tazzo Technologies Private Limited are on its company page.
Detailed financial statements for Tazzo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of Tazzo
4 dated milestones of Tazzo across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Tazzo is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $674K.
- Milestone Reaches Minicorn status.
Competitors of Tazzo
Tazzo has 6 listed competitors in our database, 2 of them funded. They include Royal Brothers, Wheelstreet, Rentrip, Bike4Rent and Wheelify, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| royalbrothers.com | 2015 | Bengaluru, India | $1.27M | 154 | Online platform offering bike rental services | |
| wheelstreet.com | 2014 | Bengaluru, India | $645,723 | 24 | Motorbike rentals are aggregated through a dedicated bike marketplace. | |
| rentrip.in | 2016 | Fatehpur, India | – | – | Offers self-drive rentals for bikes, cars, and bicycles in various Indian cities. | |
| bike4rent.in | 2013 | Bengaluru, India | – | – | Provides affordable motorbike rentals for IT professionals in Hyderabad with customizable plans. | |
| wheelify.com | 2016 | Delhi, India | – | – | Serves as an online aggregator for convenient bike rental services. | |
| machorides.com | 2015 | Hyderabad, India | – | – | Operates an online platform for luxury bike rentals. |
Detailed competitors of Tazzo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Two Wheeler Rental Services
10 companies that operate in the same segment as Tazzo (Two Wheeler Rental Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Financial services encompassing loans, investments, and insurance are delivered in India. | 1979 | Mumbai, Maharashtra, India | – | USD 1.94 B | – | |
Operates a free-float bicycle rental platform for urban mobility. | 2014 | Beijing, Beijing, China | USD 1.87 B | – | 437 | |
Manufactures and markets retro-inspired motorcycles with modern features. | 1929 | Pune, Maharashtra, India | – | USD 83.25 M | 100 | |
E-bike rental services are provided for delivery workers by Whizz. | 2022 | New York, New York, United States | USD 15.4 M | – | – | |
Offers bike listings, prices, reviews, and comparisons for consumers. | 2012 | Mumbai, Maharashtra, India | – | – | – | |
Manufactures electric two-wheelers and three-wheelers for personal and commercial use in India. | 1980 | Delhi, Delhi, India | – | USD 44.57 M | 272 | |
Produces electric scooters and bikes for eco-friendly transportation solutions. | 2016 | Nashik, Maharashtra, India | – | USD 11.43 M | 21 | |
Manufactures electric rickshaws and two-wheelers for sustainable transportation in India. | 2011 | Delhi, Delhi, India | – | USD 46.34 M | 85 | |
Offers a platform for aggregating local and outstation cab services. | 2008 | Dehradun, Uttarakhand, India | – | – | – | |
Manufactures tyres for motorcycles, scooters, bicycles, and e-vehicles in India. | 1968 | Delhi, Delhi, India | – | USD 78.34 M | 1,617 |
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Related news about Tazzo
Complete news archive for Tazzo
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Frequently Asked Questions about Tazzo
Tazzo was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Tazzo is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Tazzo is a funded company, having raised a total of $673.64K across 2 funding rounds to date.
Tazzo has 15 employees.
The primary company behind Tazzo, Tazzo Technologies Private Limited, reported revenue of ₹1.80 Cr for FY 2017, up 37071% year on year.
Tazzo, established in 2015 and currently in Dissolved stage, focuses on providing transportation services, providing rental services, vehicle sharing, and motorbike rentals. Provides online on-demand motorbike rental services for convenient urban mobility. Adapting to market demands with innovation and client-focused strategies.
Tazzo's top competitors include Royal Brothers, Wheelstreet and Rentrip.
Tazzo has 2 investors. Key investors include DSG Consumer Partners, and Kapil Chopra.
The valuation of Tazzo is $1.28M as of Oct 2016.
Tazzo operates through Tazzo Technologies Private Limited.
The legal entities of Tazzo currently have 2 directors, including Shivangi Srivastava, Priyam Saraswat.