About UTOO Cabs
UTOO Cabs was a Transportation, Automotive & Logistics company based in Chennai (India) founded in 2016 by Jayanth KP and Sweekar Karkera. It offers tech-enabled intra-city shuttle services. It operates on a B2C model. The company has 1 employees. The company is recorded as dissolved. Its focus areas include Transportation, Ride-sharing, Shuttle Services and Intra-city. Its legal entity in India is Utoo Cabs Limited (U60200TN2015PLC102589). Its competitors include Savaari, Meru and Gozocabs; 3 of its 3 listed competitors have raised funding.
Company details
UTOO Cabs operates with a B2C model, focusing on providing transportation services, ride-sharing, shuttle services, and intra-city. Offers tech-enabled intra-city shuttle services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Chennai, India
- Employees 1
- Founders Jayanth KP, Sweekar Karkera
- SectorsTransportation, Automotive & Logistics
- Website utoorides.com
- Social X Facebook
- Legal Name Utoo Cabs Limited
- Date of Incorporation 16 Oct, 2015
- Jurisdiction Chennai, Tamil Nadu, India
- Net Loss-₹7.9 Lakh
FY 2022 · 0% margin
- EBITDA-₹7.9 Lakh
FY 2022 · 0% margin
- Employee Count1
Associated legal entities of UTOO Cabs
UTOO Cabs operates through Utoo Cabs Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Utoo Cabs Limited CIN U60200TN2015PLC102589 | Active | 16 Oct 2015 | Chennai, Tamil Nadu | 1 | 6 | View details |
Investors in UTOO Cabs
UTOO Cabs has secured backing from 2 investors, including angel and venture fund investors. Prominent investors backing the company include David DiGiacinto and Ajay Piramal SFO.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
DD David DiGiacinto | unknown_564e8543bee14511b |
Investor details for UTOO Cabs
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Board of directors of Utoo Cabs Limited (UTOO Cabs)
Utoo Cabs Limited is the primary company behind UTOO Cabs. The board of Utoo Cabs Limited currently have 4 directors; the longest-serving is Shashank Purnchandra Hiwarkar, appointed in 2016. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shashank Purnchandra Hiwarkar DIN 07283095 | Director | 16 Jun 2016 | 10 yrs 4 mo | Utoo Cabs Limited |
| Hari Krishnan Hariharan DIN 08994268 | Whole-time director | 18 Feb 2021 | 5 yrs 8 mo | Utoo Cabs Limited |
| Manian DIN 09165509 | Additional Director | 18 Jan 2024 | 2 yrs 9 mo | Utoo Cabs Limited |
| Shanmugasundaram Maalathy DIN 08536269 | Additional Director | 03 Apr 2025 | 1 yr 7 mo | Utoo Cabs Limited |
People of UTOO Cabs
2 people are tracked at UTOO Cabs (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Jayanth KP | Co-Founder | Leadership |
Sweekar Karkera | Founder | Leadership |
Complete people profiles for UTOO Cabs
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Financials of UTOO Cabs
Figures of Utoo Cabs Limited, the primary company behind UTOO Cabs, for FY 2022. Net loss was -₹7.9 Lakh (0% margin). EBITDA was -₹7.9 Lakh (0% margin). Revenue has grown at a compounded annual rate of -100% over three years.
- -₹7.9 LakhNet loss · 0% margin
- -₹7.9 LakhEBITDA · 0% margin
- ₹78.13 CrPaid-up capital
- 1Employees (provident fund records)
- -100%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Utoo Cabs Limited are on its company page.
Detailed financial statements for UTOO Cabs
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Competitors of UTOO Cabs
UTOO Cabs has 3 listed competitors in our database, 3 of them funded. They include Savaari, Meru and Gozocabs.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| savaari.com | 2006 | Bengaluru, India | $5.93M | 192 | App-based intercity ride-hailing aggregator | |
| meru.in | 2007 | Mumbai, India | $135.07M | 23 | Ride-hailing services are facilitated via an app-based platform. | |
| gozocabs.com | 2012 | Chandigarh, India | $2.17M | 58 | Inter-city taxi bookings are enabled via a mobile app platform. |
Detailed competitors of UTOO Cabs
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Related news about Utoo Cabs
Complete news archive for UTOO Cabs
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Frequently Asked Questions about UTOO Cabs
UTOO Cabs was founded in 2016.
UTOO Cabs is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
UTOO Cabs has 1 employees.
Annual revenue of UTOO Cabs is $113.12K as on Mar 31, 2019.
UTOO Cabs operates with a B2C model, focusing on providing transportation services, ride-sharing, shuttle services, and intra-city. Offers tech-enabled intra-city shuttle services. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations. It continues to evolve, meeting industry challenges with strategic approaches.
UTOO Cabs has 2 investors. Key investors include David DiGiacinto, and Ajay Piramal SFO.
UTOO Cabs operates through Utoo Cabs Limited.
The legal entities of UTOO Cabs currently have 6 directors, including Shanmugasundaram Maalathy, Manian, Ranjit Kumar Mishra and others.