About Uber Dreams
Uber Dreams is a Retail company based in Mumbai (India) founded in 2014 by Mohit Lalvani. Multi-category products are auctioned online through a mobile app platform. Uber Dreams has raised $500 thousand across 1 funding round from investors including Mascot Group India. Its Indian entity Dreamatic Innovations Private Limited reported revenue of ₹4.7 Lakh. Its focus areas include Horizontal E-Commerce, Marketplace and Auction. Its competitors include OhLocal, Bidzapp and BidforX; 1 of its 3 listed competitors has raised funding.
Company details
Uber Dreams was established in 2014 in Mumbai, India, as an online auction platform. Various categories, including art, collectibles, adventure, pets, and music, are featured in the catalog. Users place bids via iOS and Android applications. Auction proceeds are connected to charities or NGOs chosen by customers. Products are shipped to successful bidders upon payment.
- Headquarters Mumbai, India
- Founders Mohit Lalvani
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website uberdreams.com
- Social LinkedIn X Facebook
- Legal Name Dreamatic Innovations Private Limited
- Date of Incorporation 03 Jun, 2016
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹4.7 Lakh
FY 2020
- Net Profit₹5,696
FY 2020 · 1% margin
- EBITDA₹5,696
FY 2020 · 1% margin
- Total Equity Funding$500K (USD)
in 1 rounds
- Latest Funding Round$500K (USD), Seed
Aug 2016
- Investors
Associated legal entities of Uber Dreams
Uber Dreams operates through Dreamatic Innovations Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Dreamatic Innovations Private Limited CIN U93090MH2016PTC282032 | Strike Off | 03 Jun 2016 | Mumbai, Maharashtra | ₹0.0 Cr | 2 | View details |
Funding Insights of Uber Dreams
Uber Dreams has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in August 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 $500,000
- Total Rounds 1
- Last Round Seed — $500,000
- First Round $500,000
(Aug 2016)
- Investors Count 1
All 1 funding rounds of Uber Dreams 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 |
|---|---|---|---|---|---|
| Aug 2016 | $500,000 | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Uber Dreams
Uber Dreams has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Mascot Group India.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Limited information available | 2009 | mascotgroup.in | Noida, India |
Investor details for Uber Dreams
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Dreamatic Innovations Private Limited (Uber Dreams)
Dreamatic Innovations Private Limited is the primary company behind Uber Dreams. The board of Dreamatic Innovations Private Limited currently have 2 directors; the longest-serving is Mohit Lalvani Manmohan, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohit Lalvani Manmohan DIN 01642051 | Director | 03 Jun 2016 | 10 yrs 5 mo | Dreamatic Innovations Private Limited |
| Manmohan Lalvani Lalchand DIN 00725559 | Director | 04 Oct 2017 | 9 yrs 1 mo | Dreamatic Innovations Private Limited |
People of Uber Dreams
1 people are tracked at Uber Dreams (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Uber Dreams
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 Uber Dreams
Figures of Dreamatic Innovations Private Limited, the primary company behind Uber Dreams, for FY 2020. Revenue was ₹4.7 Lakh. Net profit was ₹5,696 (1% margin). EBITDA was ₹5,696 (1% margin). Revenue has grown at a compounded annual rate of -26% over three years.
- ₹4.7 LakhRevenue · FY 2020
- ₹5,696Net profit · 1% margin
- ₹5,696EBITDA · 1% margin
- ₹1.76 CrPaid-up capital
- -26%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Dreamatic Innovations Private Limited are on its company page.
Detailed financial statements for Uber Dreams
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 Uber Dreams
2 dated milestones of Uber Dreams across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Uber Dreams is founded.
- Funding First funding round of $500K.
Competitors of Uber Dreams
Uber Dreams has 3 listed competitors in our database, 1 of them funded. They include OhLocal, Bidzapp and BidforX.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ohlocal.in | 2020 | Noida, India | $150,308 | Bidding marketplace for local services is facilitated by AI-enabled app. | ||
| bidzapp.in | 2020 | Bengaluru, India | Multi-category products are auctioned through an online platform. | |||
| bidforx.com | 2017 | Kolkata, India | Operates an app-based auction marketplace for a wide range of products. |
Detailed competitors of Uber Dreams
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Uber Dreams
Websites that share an audience with Uber Dreams (uberdreams.com).
Websites whose visitors overlap most with Uber Dreams. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| sbicard.com | 100% | 13.6M | #4,327 | View details |
Top companies in Marketplaces & General E-Commerce
2 companies that operate in the same segment as Uber Dreams (Marketplaces & General E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category consumer products are offered via an online marketplace platform. | 2007 | Bengaluru, Karnataka, India | USD 12.12 B | USD 9.83 B | 18,938 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 639.15 M | 1,031 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Uber Dreams
Complete news archive for Uber Dreams
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Uber Dreams
Uber Dreams was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Uber Dreams is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Uber Dreams is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Aug 2016.
The primary company behind Uber Dreams, Dreamatic Innovations Private Limited, reported revenue of ₹4.7 Lakh for FY 2020.
Uber Dreams was established in 2014 in Mumbai, India, as an online auction platform. Various categories, including art, collectibles, adventure, pets, and music, are featured in the catalog. Users place bids via iOS and Android applications. Auction proceeds are connected to charities or NGOs chosen by customers. Products are shipped to successful bidders upon payment.
Uber Dreams has 1 investor. Key investors include Mascot Group India.
Uber Dreams operates through Dreamatic Innovations Private Limited.
The legal entities of Uber Dreams currently have 2 directors, including Manmohan Lalvani Lalchand, Mohit Lalvani Manmohan.