About Vogo
Vogo is a company based in Bengaluru (India) founded in 2015 by Chandrasekar Micheal, Anand Ayyadurai, and Padmanabhan Balakrishnan was acquired by Chalo in March 2022.. Vogo has raised $158.29 million across 14 funding rounds from investors including Ola Cabs, Chalo and LGT Group. The company has 64 employees as of April 04, 2024. Vogo operates in a competitive market with competitors including ONN Bikes, Ontrack, Ridobiko, Bykemania and Enfield Riders, among others.
- Headquarter Bengaluru, India
- Employees 64 as on 04 Apr, 2024
- Founders Chandrasekar Micheal, Anand Ayyadurai, Padmanabhan Balakrishnan
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Vogo Automotive Private Limited
- Date of Incorporation 24 Jun, 2015
- Jurisdiction Chennai City Corporation, Tamil Nadu, India
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Annual Revenue
$3.44 M (USD)-42.69as on Mar 31, 2023
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Net Profit
$-4.07 M (USD)53.85as on Mar 31, 2023
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EBITDA
$-3.62 M (USD)35.28as on Mar 31, 2023
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Total Equity Funding
$158.29 M (USD)
in 14 rounds
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Latest Funding Round
$12.14 M (USD), Series C
Feb 18, 2021
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Investors
Ola Cabs
& 48 more
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Employee Count
64
as on Apr 04, 2024
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Acquired by
Chalo
(Mar 28, 2022)
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Funding Insights of Vogo
Vogo has successfully raised a total of $158.29M across 14 strategic funding rounds. The most recent funding activity was a Series C round of $12.14 million completed in February 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 Total Funding
- Total Rounds 14
- Last Round Series C — $12.1M
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First Round
First Round
(16 Dec 2016)
- Investors Count 48
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Series C - Vogo | Valuation | Kalaari Capital , Stellaris Venture Partners | |
| Feb, 2020 | Amount | Series C - Vogo | Valuation | SPC Financial , Kalaari Capital | |
| Dec, 2019 | Amount | Series C - Vogo | Valuation | Kalaari Capital , Z47 |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Vogo
Vogo has secured backing from 49 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Ola Cabs, Chalo and LGT Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments in early-stage technology companies are made by Kalaari Capital.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage startups across fintech, software, and other sectors.
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Founded Year | Domain | Location | |
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Investments are directed toward growth-stage companies generating scalable impact.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Vogo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Vogo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vogo Comparisons
Competitors of Vogo
Vogo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ONN Bikes, Ontrack, Ridobiko, Bykemania and Enfield Riders, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
On-demand two-wheeler rentals and rent-to-own options are provided.
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| domain | founded_year | HQ Location |
Ontrack is engaged in two-wheeler rental and financing services.
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| domain | founded_year | HQ Location |
Motorbikes are rented online via a station-based booking platform.
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| domain | founded_year | HQ Location |
Offers self-drive motorbike rental services.
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| domain | founded_year | HQ Location |
Online portal to rent motorcycle and accessories
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Vogo
Frequently Asked Questions about Vogo
When was Vogo founded?
Vogo was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Vogo located?
Vogo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Vogo?
Anand Ayyadurai is the current CEO of Vogo. They have also founded this company.
Is Vogo a funded company?
Vogo is a funded company, having raised a total of $158.29M across 14 funding rounds to date. The company's 1st funding round was a Series C of $2.03M, raised on Dec 16, 2016.
How many employees does Vogo have?
As of Apr 04, 2024, the latest employee count at Vogo is 64.
What is the annual revenue of Vogo?
Annual revenue of Vogo is $3.44M as on Mar 31, 2023.
What does Vogo do?
Vogo was founded in 2015 as an app-based self-drive scooter rental service in the mobility sector, headquartered in Bengaluru, India. Operations are conducted in select locations through an Android mobile app and online platform, where users search for scooters, book rentals, and manage access using self-developed keyless entry systems. Vehicles are required to be picked up and dropped off at designated points.
Who are the top competitors of Vogo?
Vogo's top competitors include ONN Bikes, Ridobiko and Enfield Riders.
Who are Vogo's investors?
Vogo has 49 investors. Key investors include Ola Cabs, Chalo, LGT Group, Alteria Capital, and Stellaris Venture Partners.
What is Vogo's valuation?
The valuation of Vogo is $66.3M as of Feb 2021.