Volercars

Delhi, India Founded: 2010 • Age: 16 yrs Listed

Self-drive cars are rented online via a booking platform.

Page last updated 15 Oct 2026

About Volercars

Volercars is a publicly listed company based in Delhi (India) founded in 2010. Self-drive cars are rented online via a booking platform. 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. Volercars was last valued at $7.71 million in June 2016. Its Indian entity Voler Car Limited reported revenue of ₹55.44 Cr. Its focus areas include Consumer, Road Transport Tech, Employee Transport Management and Tech Enabled Services. Its competitors include MoveInSync, Routematic and Commutec; 3 of its 3 listed competitors have raised funding.

Company details

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.

Headquarters Delhi, India
Employees 27
Stage Public
Sectors
Transportation, Automotive & Logistics
Website category Travel and Tourism · Car Rentals
Email
••••••••
Phone
•••• ••••
Website volercars.com
Social LinkedIn X Facebook
Legal Name Voler Car Limited

Operational Areas

Transportation, Automotive & Logistics → Road Transport Tech

Key Metrics

Market Cap
₹324 Cr
VOLERCAR-SM · NSE
Share Price
₹296.35
+2.05% today
Revenue
₹52.84 Cr
FY 2025-26 · +24.6% YoY
EBITDA
₹2.22 Cr
Margin 4.2%
Net Profit
₹3.45 Cr
FY 2025-26 · -20.5% YoY
P/E (TTM)
101.3x
P/B 8.2x
Total Equity Funding
$1.03M (USD)
in 2 rounds
Latest Funding Round
$946.15K (USD), Angel Round
Jun 2016
Employee Count
27

Associated legal entities of Volercars

Volercars operates through Voler Car Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.

Legal entity	Status	Incorporated	Registered in	Revenue (FY 2026)	Employees	Directors	Company page
Voler Car Limited Listed CIN L63040WB2010PLC150637	Active	24 Jun 2010	Kolkata, West Bengal	₹55.4 Cr	27	7	View details

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 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 $1.03M
Total Rounds 2
Last Round Angel Round — $946,154
First Round $80,444
(Feb 2014)
Investors Count 8

All 2 funding rounds of Volercars 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
Jun 2016	$946,154	Angel Round	$7.71M	Sanjay Kumar Varnwal, Punam Kanodia	Amit Banka
Feb 2014	$80,444	Seed	$209,170	Sanmati Commodities	Jaldham Trade Link, Kinetic Securities

Valuation history

Date	Valuation	Stage
Jun 2016	$7.71M	••••••••

Last known valuation $7.71M (Jun 2016). 8 investors in total: 4 institutional and 4 angel.

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.

All

Institutional

Angel

Investor	Description	Domain
Sanmati Commodities		sanmaticommodities.tcc.mode
Jaldham Trade Link		jaldhamtradelink.tcc.mode
Kinetic Securities		kineticsecurities.tcc.mode
Shivamsecurities		shivamsecurities.tcc.mode
AB Amit Banka	Founder of We Founder Circle, active angel investor in Indian startups	unknown_be7192f569a14065a
SK Sanjay Kumar Varnwal	Angel investor and entrepreneur, founder of multiple tech ventures in India.	unknown_686840da6b7440759
PK Punam Kanodia		unknown_48251015b1454fc3a
SK Sanjay Kumar		unknown_149dea392ebe4c838

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Investor details for Volercars

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 Voler Car Limited (Volercars)

Voler Car Limited is the primary company behind Volercars. The board of Voler Car Limited currently have 5 directors; the longest-serving is Pawan Parasrampuria, appointed in 2010. 8 earlier directors have ceased.

Director	Designation	Appointed	Tenure	Entity
Pawan Parasrampuria DIN 01731502	Managing Director	24 Jun 2010	16 yrs 4 mo	Voler Car Limited
Vikas Parasrampuria DIN 03143499	Whole-time director	25 Aug 2010	16 yrs 2 mo	Voler Car Limited
Sachin Punni DIN 07365854	Director	05 Apr 2024	2 yrs 6 mo	Voler Car Limited
Pankaj Jhawar DIN 01571775	Director	29 Jun 2024	2 yrs 3 mo	Voler Car Limited
Shristi Garg DIN 07711088	Director	29 Jun 2024	2 yrs 3 mo	Voler Car Limited

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.

IPO date19 Feb 2025
Listed onNSE: VOLERCAR
Listed entityVoler Car Limited
Exchange sectorTransportation
ISININE241X01014
Share price₹219.75 (+0.55% on the day) · 2026-10-13
Market capitalisation₹244 Cr
Price to earnings74.3
EPS (diluted, trailing year)₹2.96
Volume (last session)20,800

Financials of Volercars

Exchange-reported figures of Voler Car Limited, the listed company behind Volercars (NSE: VOLERCAR-SM).

Financial Highlights

FY 2025-26 · Standalone

Revenue

₹52.84 Cr

+24.6% YoY

EBITDA

₹2.22 Cr

-53.5% YoY

Profit After Tax

₹3.45 Cr

-20.5% YoY

Net Worth

₹40.50 Cr

+9.4% YoY

Total Assets

₹40.92 Cr

+9.1% YoY

Total Debt

Nil

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Income statement
Revenue	52.84	42.40	30.90	23.96	23.73	26.15
Revenue growth	+24.6%	+37.2%	+29.0%	+1.0%	-9.3%	-
EBITDA	2.22	4.77	6.43	0.92	1.74	6.14
EBITDA margin	+4.2%	+11.3%	+20.8%	+3.8%	+7.3%	+23.5%
Profit before tax	4.65	5.37	7.26	2.76	1.29	5.65
Net profit	3.45	4.34	6.20	2.02	0.89	5.70
Net profit margin	+6.5%	+10.2%	+20.1%	+8.4%	+3.8%	+21.8%
EPS (₹)	3.11	4.04	563.79	136.10	62.61	380.55
Balance sheet
Total assets	40.92	37.52	4.60	3.31	3.00	0.62
Net worth	40.50	37.03	2.91	(1.09)	(3.11)	(8.36)
Total debt	0.00	0.00	1.19	3.80	5.55	8.69
Cash & bank	26.41	31.09	1.00	0.12	0.24	0.19
Net working capital	34.03	36.45	2.87	(1.24)	(2.83)	(2.66)
Cash flow
Cash from operations	(2.22)	1.31	3.21	1.99	3.68	-
Cash from investing	(3.32)	(23.80)	(0.15)	(0.08)	(0.17)	-
Cash from financing	0.00	28.58	(2.35)	(2.03)	(3.46)	-

Particulars	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024
Revenue	14.21	13.95	12.65	13.89	12.35	11.08	9.82	11.37
Revenue growth (YoY)	+15.1%	+25.9%	+28.8%	+22.2%	+21.9%	-	-	-
Other income	0.67	0.74	0.69	0.57	0.59	0.45	0.06	0.23
Total expenses	13.36	13.71	12.49	13.28	11.14	10.30	9.04	9.47
EBITDA	0.85	0.24	0.16	0.61	1.21	0.78	0.78	1.90
EBITDA margin	+6.0%	+1.7%	+1.3%	+4.4%	+9.8%	+7.0%	+7.9%	+16.7%
Depreciation	0.06	0.05	0.04	0.03	0.03	0.03	0.03	0.03
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	1.46	0.93	0.81	1.15	1.77	1.20	0.81	2.10
Tax	0.37	0.24	0.18	0.29	0.50	0.30	0.03	0.36

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 25 Oct 2026

Particulars	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024
Revenue	14.21	13.95	12.65	13.89	12.35	11.08	9.82	11.37
Revenue growth (YoY)	+15.1%	+25.9%	+28.8%	+22.2%	+21.9%	-	-	-
Other income	0.67	0.74	0.69	0.57	0.59	0.45	0.06	0.23
Total expenses	13.36	13.71	12.49	13.28	11.14	10.30	9.04	9.47
EBITDA	0.85	0.24	0.16	0.61	1.21	0.78	0.78	1.90
EBITDA margin	+6.0%	+1.7%	+1.3%	+4.4%	+9.8%	+7.0%	+7.9%	+16.7%
Depreciation	0.06	0.05	0.04	0.03	0.03	0.03	0.03	0.03
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	1.46	0.93	0.81	1.15	1.77	1.20	0.81	2.10
Tax	0.37	0.24	0.18	0.29	0.50	0.30	0.03	0.36

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Revenue	52.84	42.40	30.90	23.96	23.73	26.15
Revenue growth	+24.6%	+37.2%	+29.0%	+1.0%	-9.3%	-
Other income	2.60	0.75	1.17	2.67	1.10	1.80
Total expenses	50.62	37.63	24.47	23.04	21.99	20.01
Employee cost	0.00	3.37	2.90	2.97	3.12	2.88
EBITDA	2.22	4.77	6.43	0.92	1.74	6.14
EBITDA margin	+4.2%	+11.3%	+20.8%	+3.8%	+7.3%	+23.5%
Depreciation	0.16	0.11	0.24	0.55	0.89	1.52
Interest	0.01	0.04	0.10	0.28	0.66	0.77
Profit before tax	4.65	5.37	7.26	2.76	1.29	5.65
Tax	1.20	0.87	(1.10)	0.74	0.36	0.00
Net profit	3.45	4.34	6.20	2.02	0.89	5.70
Net profit margin	+6.5%	+10.2%	+20.1%	+8.4%	+3.8%	+21.8%
EPS (₹)	3.11	4.04	563.79	136.10	62.61	380.55

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Equity & liabilities
Share capital	11.14	11.14	0.15	0.15	0.15	0.15
Reserves & surplus	29.36	25.89	2.76	(1.24)	(3.26)	(8.51)
Shareholders' funds (net worth)	40.50	37.03	2.91	(1.09)	(3.11)	(8.36)
Secured loans	0.00	0.00	1.19	2.93	5.35	2.29
Unsecured loans	0.00	0.00	0.00	0.87	0.20	6.40
Total debt	0.00	0.00	1.19	3.80	5.55	8.69
Total liabilities	40.92	37.52	4.60	3.31	3.00	0.62
Assets
Gross block	2.85	1.69	1.60	7.51	7.41	11.77
Net block	1.29	0.29	0.31	0.48	0.93	2.15
Capital work in progress	0.00	0.00	0.00	0.00	0.00	0.00
Investments	3.00	0.00	0.00	0.00	0.20	1.13
Inventories	0.00	0.00	0.00	0.00	0.00	0.00
Sundry debtors	6.17	4.48	3.70	2.38	1.69	5.04
Cash & bank balances	26.41	31.09	1.00	0.12	0.24	0.19
Loans & advances	6.83	7.18	4.25	4.11	3.59	4.77
Total current assets	39.41	42.75	8.95	6.61	5.52	10.00
Total current liabilities	5.38	6.30	6.08	7.85	8.35	12.66
Net working capital	34.03	36.45	2.87	(1.24)	(2.83)	(2.66)
Total assets	40.92	37.52	4.60	3.31	3.00	0.62

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Opening cash	6.93	0.83	0.12	0.24	0.19	-
Net cash from operating activities	(2.22)	1.31	3.21	1.99	3.68	-
Net cash from investing activities	(3.32)	(23.80)	(0.15)	(0.08)	(0.17)	-
Net cash from financing activities	0.00	28.58	(2.35)	(2.03)	(3.46)	-
Net change in cash	(5.54)	6.10	0.70	(0.12)	0.05	-
Closing cash	26.41	31.09	1.00	0.12	0.24	-

Particulars	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Growth
Sales growth	+24.6%	+37.2%	+29.0%	+1.0%	-9.3%	-
EBITDA growth	-53.5%	-25.8%	+598.9%	-47.1%	-71.7%	-
PBT growth	-13.4%	-26.0%	+163.0%	+114.0%	-77.2%	+9997.0%
Net income growth	-20.5%	-30.0%	+206.9%	+127.0%	-84.4%	-
Revenue CAGR (3Y)	+30.2%	+21.4%	+5.7%	-	-	-
EBITDA CAGR (3Y)	+34.1%	+40.0%	+1.6%	-	-	-
Profitability & leverage
Net income margin	+6.5%	+10.6%	+27.1%	+8.4%	+3.9%	+21.6%
Return on capital employed	-	+23.4%	+52.0%	+24.9%	+13.4%	+40.2%
Return on net worth	-	+20.5%	+89.0%	+29.0%	+13.4%	+81.0%
Debt / equity	-	0.03	2.74	0.00	0.00	0.00
Long-term debt / equity	-	0.00	1.61	0.00	0.00	0.00
Interest cover	0.49	0.86	1.62	75.68	77.65	16.67
Efficiency & per share
Fixed asset turnover	-	25.78	6.78	3.21	2.47	2.22
Inventory turnover	-	0.00	0.00	0.00	0.00	0.00
Debtors turnover	-	10.37	10.16	11.77	7.05	5.19
EPS (₹)	3.11	4.04	563.79	136.10	62.61	380.55
Dividend per share (₹)	0.00	0.00	0.00	0.00	0.00	0.00
Book value per share (₹)	0.00	33.23	196.04	(73.92)	(210.03)	(563.95)

Timeline of Volercars

5 dated milestones of Volercars across 15 years, from founding to its latest funding, stage changes and deals.

2010 Founded Volercars is founded.
Feb 2014 Funding First funding round of $80K.
Jun 2016 Funding Latest funding round, Angel Round, of $946K.
Jun 2016 Milestone Reaches Minicorn status.
Feb 2025 IPO Lists on the stock exchange (IPO).

Competitors of Volercars

Volercars has 3 listed competitors in our database, 3 of them funded. They include MoveInSync, Routematic and Commutec.

Company Name	Domain	Founded	HQ Location	Total funding	Employees	Description
MoveInSync	moveinsync.com	2009	Bengaluru, India	$32.62M	887	Employee transportation management solutions are provided for automated commutes.
Routematic	routematic.com	2007	Bengaluru, India	$47.13M	547	Provider of employee transportation management platform with fleet and technology solutions
Commutec	commutec.in	2016	Navi Mumbai, India	$199,546	106	SaaS route scheduling software is provided for employee transport management.

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Detailed competitors of Volercars

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Full competitor set
Operating metrics
Benchmarks
Competitive positioning

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Web traffic of Volercars

The website of Volercars (volercars.com) receives about 2.8K visits a month and ranks #8,652,453 among all websites worldwide, #2,658 in Car Rentals.

Monthly visits
2.8K
▲ 90.7% vs previous month
Global rank
#8,652,453
among all websites
Category rank
#2,658
Travel and Tourism · Car Rentals

Visitor engagement

Bounce rate35%
Pages per visit2.8
Average visit1 min 08 sec
Devices
Desktop 31% · Mobile 69%

Top companies in Road Transport Tech

3 companies that operate in the same segment as Volercars (Road Transport Tech) in India, ranked by their profile score on The Company Check.

Company	Description	Founded	Location	Total funding	Revenue	Employees
Ola Cabs	Ride-hailing, electric vehicles, and financial solutions are provided via app.	2010	Bengaluru, Karnataka, India	USD 3.83 B	USD 278.63 M	2,473
Rapido	Operator of a bike taxi aggregation service, offering intra-city travel and first-mile, last-mile connectivity solutions	2015	Bengaluru, Karnataka, India	USD 798.05 M	USD 19.11 M	817
BluSmart	Electric ride-hailing and cab services are provided via mobile app.	2019	Mumbai, Maharashtra, India	USD 168.52 M

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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 2014.

How many employees does Volercars have?

Volercars has 27 employees.

What is the annual revenue of Volercars?

The primary company behind Volercars, Voler Car Limited, reported revenue of ₹55.44 Cr for FY 2026, up 25% year on year.

What does Volercars do?

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 valuation?

The valuation of Volercars is $7.71M as of Jun 2016.

Which legal entities are associated with Volercars?

Volercars operates through Voler Car Limited.

Who are the directors of Volercars?

The legal entities of Volercars currently have 7 directors, including Pawan Parasrampuria, Vikas Parasrampuria, Pankaj Jhawar and others.

Volercars

About Volercars

Company details

Operational Areas of Volercars

Associated legal entities of Volercars

Funding Insights of Volercars

Investors in Volercars

Investor details for Volercars

Board of directors of Voler Car Limited (Volercars)

IPO & Listings of Volercars

Financials of Volercars

Financial Highlights

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

Financial Statements

Timeline of Volercars

Competitors of Volercars

Detailed competitors of Volercars

Web traffic of Volercars

Top companies in Road Transport Tech

Related news about Volercars

Complete news archive for Volercars

Frequently Asked Questions about Volercars

About Volercars

Company details

Operational Areas of Volercars

Associated legal entities of Volercars

Funding Insights of Volercars

Investors in Volercars

Investor details for Volercars

Board of directors of Voler Car Limited (Volercars)

IPO & Listings of Volercars

Financials of Volercars

Financial Highlights

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr Standalone AnnualQuarterly

Financial Statements

Timeline of Volercars

Competitors of Volercars

Detailed competitors of Volercars

Web traffic of Volercars

Top companies in Road Transport Tech

Related news about Volercars

Complete news archive for Volercars

Frequently Asked Questions about Volercars

Financial summary ₹ Cr