About Volercars
Volercars is a company based in Delhi (India) founded in 2010.. Volercars has raised $1.03 million across 2 funding rounds from investors including Amit Banka, Sanjay Kumar Varnwal and Punam Kanodia. The company has 27 employees as of February 02, 2025. Volercars operates in a competitive market with competitors including MoveInSync, Routematic, Commutec, WhistleDrive and eee-Taxi, among others.
- Headquarter Delhi, India
- Employees 27 as on 02 Feb, 2025
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Voler Car Limited
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Annual Revenue
$4.96 M (USD)37.22as on Mar 31, 2025
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Net Profit
$526.61 K (USD)7.97as on Mar 31, 2025
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EBITDA
$558.45 K (USD)-2.91as on Mar 31, 2025
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Total Equity Funding
$1.03 M (USD)
in 2 rounds
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Latest Funding Round
$946.15 K (USD), Angel Round
Jun 03, 2016
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Investors
Sanmati Commodities
& 7 more
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Employee Count
27
as on Feb 02, 2025
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IPO & Listings of Volercars
Volercars is a publicly listed company on the NSE with ticker symbol VOLERCAR in India, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Volercars
Volercars has successfully raised a total of $1.03M across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $946.15 thousand completed in June 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 Total Funding
- Total Rounds 2
- Last Round Angel Round — $946,154
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First Round
First Round
(20 Feb 2014)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2016 | Amount | Angel Round - Volercars | Valuation | Sanjay Kumar Varnwal , Punam Kanodia | |
| Feb, 2014 | Amount | Seed - Volercars | Valuation | Sanmati Commodities |
| 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 Volercars
Volercars has secured backing from 8 investors, including angel and institutional investors. Prominent investors backing the company include Amit Banka, Sanjay Kumar Varnwal and Punam Kanodia. 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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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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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 Volercars
| 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 - Volercars
| 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 |
Volercars Comparisons
Competitors of Volercars
Volercars 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 MoveInSync, Routematic, Commutec, WhistleDrive and eee-Taxi, 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 |
Employee transportation management solutions are provided for automated commutes.
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| domain | founded_year | HQ Location |
Provider of employee transportation management platform with fleet and technology solutions
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| domain | founded_year | HQ Location |
SaaS route scheduling software is provided for employee transport management.
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| domain | founded_year | HQ Location |
Transportation and fleet management are facilitated via an online platform.
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| domain | founded_year | HQ Location |
Tech-enabled platform offering electric vehicle ride-hailing management solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Volercars
Frequently Asked Questions about Volercars
When was Volercars founded?
Volercars was founded in 2010 and raised its 1st funding round 4 years after it was founded.
Where is Volercars located?
Volercars is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Volercars a funded company?
Volercars is a funded company, having raised a total of $1.03M across 2 funding rounds to date. The company's 1st funding round was a Seed of $80.44K, raised on Feb 20, 2014.
How many employees does Volercars have?
As of Feb 02, 2025, the latest employee count at Volercars is 27.
What is the annual revenue of Volercars?
Annual revenue of Volercars is $4.96M as on Mar 31, 2025.
What does Volercars do?
Volercars was founded in 2010 in Delhi, India, as an online platform in the car rental sector. Self-drive rentals are facilitated through user uploads of driving licenses and refundable deposits. Charges are applied based on rental duration rather than distance traveled. Operations enable straightforward bookings and access to vehicles without mileage restrictions, serving users in the Indian market.
Who are the top competitors of Volercars?
Volercars's top competitors include MoveInSync, Routematic and Commutec.
Is Volercars publicly traded?
Yes, Volercars is publicly traded on NSE under the ticker symbol VOLERCAR.
Who are Volercars's investors?
Volercars has 8 investors. Key investors include Amit Banka, Sanjay Kumar Varnwal, Punam Kanodia, Sanjay Kumar, and Sanmati Commodities.
What is Volercars's ticker symbol?
The ticker symbol of Volercars is VOLERCAR on NSE.
What is Volercars's valuation?
The valuation of Volercars is $7.71M as of Jun 2016.