Tilt

Bengaluru, India Founded: 2016 • Age: 10 yrs
Shared bicycle services are provided for residential campuses.

About Tilt

Tilt is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2016 by Daksh Shah, Deepak VS, and Rachit Parikh. Shared bicycle services are provided for residential campuses. Tilt has raised $125 thousand across 2 funding rounds from investors including Maharashtra State Innovation Society and Y Combinator. The company has 4 employees. Its chief executive, as recorded, is Deepak VS. Its Indian entity Feynman Technology Private Limited reported revenue of β‚Ή49.1 Lakh. Its focus areas include Consumer, Road Transport Tech, Self Drive Rentals and Bicycles.

Company details

Tilt is identified as a company or brand related to biking or cycling activities. Specific details about sectors, solutions, or operations are not provided on the website. Further information regarding their offerings or focus within the biking industry is not available from the given content.

  • Headquarters Bengaluru, India
  • Employees 4
  • Founders Daksh Shah, Deepak VS, Rachit Parikh
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website tilt.bike
  • Social LinkedIn X Facebook Instagram
  • Legal Name Feynman Technology Private Limited
  • Date of Incorporation 02 Jun, 2016
  • Jurisdiction Bengaluru, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹49.1 Lakh

    FY 2021 · +23% YoY

  • Net Profit
    ₹85,780

    FY 2021 · 2% margin

  • EBITDA
    ₹4.4 Lakh

    FY 2021 · 9% margin

  • Total Equity Funding
    $125K (USD)

    in 2 rounds

  • Latest Funding Round
    $125K (USD), Seed

    Mar 2021

  • Investors
  • Employee Count
    4

Apps and channels of Tilt

Tilt publishes 2 mobile apps with over 100K+ downloads.

Tilt: Shared bikes & e-bikes
Google Play Health & Fitness Everyone Free
Developer: Feynman Technology
View on Google Play
Tilt: Shared bikes & e-bikes
App Store Health & Fitness 4+
Developer: FEYNMAN TECHNOLOGY PRIVATE LIMITED
View on App Store

Funding Insights of Tilt

Tilt has successfully raised a total of $125K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $125 thousand completed in March 2021. 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 $125,000
  • Total Rounds 2
  • Last Round Seed β€” $125,000
  • Investors Count 2

All 2 funding rounds of Tilt with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2021$125,000Seed–Y Combinator
–
Jun 2020Grant––
Valuation history

2 investors in total: 2 institutional.

Investors in Tilt

Tilt has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Maharashtra State Innovation Society and Y Combinator.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Early-stage startups are accelerated via funding and educational programs.
ycombinator.comMountain View, United States
Promotion of innovation and digital services in Maharashtra.
2017msins.inMumbai, India
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Investor details for Tilt

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
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Verified entity values are shown only after access is granted.

Board of directors of Feynman Technology Private Limited (Tilt)

Feynman Technology Private Limited is the primary company behind Tilt. The board of Feynman Technology Private Limited currently have 2 directors; the longest-serving is Deepak Vellimedu Sridharan, appointed in 2016. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Deepak Vellimedu Sridharan
DIN 07489250
Director02 Jun 201610 yrs 4 moFeynman Technology Private Limited
Daksh Shah Ketan
DIN 08299136
Director10 Dec 20187 yrs 10 moFeynman Technology Private Limited

People of Tilt

7 people are tracked at Tilt (3 in leadership, 4 in team); the tracked headcount is 4.

NameRoleGroup
Co-FounderLeadership
Deepak VS
Co-Founder & CEOLeadership
Co-FounderLeadership
Adarsh Kedari
Operations LeadTeam
MEHAK TALWAR
Generalist Business Analyst and Senior Customer Success ManagerTeam
Roushan Saxena
City Manager - Operations & ExpansionTeam
Sharanjit Kaur
Customer Success ManagerTeam
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Complete people profiles for Tilt

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Financials of Tilt

Figures of Feynman Technology Private Limited, the primary company behind Tilt, for FY 2021. Revenue was ₹49.1 Lakh (+23% year on year). Net profit was ₹85,780 (2% margin). EBITDA was ₹4.4 Lakh (9% margin). Revenue has grown at a compounded annual rate of +333% over three years.

  • ₹49.1 LakhRevenue · FY 2021 · +23% YoY
  • ₹85,780Net profit · 2% margin
  • ₹4.4 LakhEBITDA · 9% margin
  • ₹19.7 LakhPaid-up capital
  • 4Employees (provident fund records)
  • +333%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Feynman Technology Private Limited are on its company page.

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Detailed financial statements for Tilt

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Timeline of Tilt

3 dated milestones of Tilt across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Tilt is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Seed, of $125K.

Web traffic of Tilt

The website of Tilt (tilt.bike) receives about 7.1K visits a month.

  • Monthly visits
    7.1K

    ▲ 27.5% vs previous month

Top companies in Electric & Green Mobility

3 companies that operate in the same segment as Tilt (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric ride-hailing and cab services are provided via mobile app.
2019Mumbai, Maharashtra, IndiaUSD 168.52 M
Shared electric two-wheelers are rented via an online platform.
2017Bengaluru, Karnataka, IndiaUSD 187.54 MUSD 2.14 M251
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
2013Bengaluru, Karnataka, IndiaUSD 502.02 MUSD 391.37 M1,917
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Frequently Asked Questions about Tilt

Tilt was founded in 2016 and raised its 1st funding round 4 years after it was founded.

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

Deepak VS is the CEO of Tilt, as recorded in our data. They have also founded this company.

Tilt is a funded company, having raised a total of $125K across 2 funding rounds to date.

Tilt has 4 employees.

The primary company behind Tilt, Feynman Technology Private Limited, reported revenue of β‚Ή49.1 Lakh for FY 2021, up 23% year on year.

Tilt is identified as a company or brand related to biking or cycling activities. Specific details about sectors, solutions, or operations are not provided on the website. Further information regarding their offerings or focus within the biking industry is not available from the given content.

Tilt has 2 investors. Key investors include Maharashtra State Innovation Society, and Y Combinator.

Tilt operates through Feynman Technology Private Limited.

The legal entities of Tilt currently have 2 directors, including Deepak Vellimedu Sridharan, Daksh Shah Ketan.

Yes. Tilt publishes Tilt: Shared bikes & e-bikes and 1 more app, with over 100,000 downloads.

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