About Wheelstreet
Wheelstreet is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2014. Motorbike rentals are aggregated through a dedicated bike marketplace. Wheelstreet has raised $645.72 thousand across 3 funding rounds from investors including Broadbean Capital, Y Combinator and Navin Ranka. Wheelstreet was last valued at $3 million in December 2015. Its Indian entity Bashar Technologies Private Limited reported revenue of ₹8.9 Lakh. Its focus areas include Consumer, Road Transport Tech, Self Drive Rentals and Motorized Two-Wheeler. Its competitors include Royal Brothers, Tazzo and Rentrip; 2 of its 3 listed competitors have raised funding.
Company details
Wheelstreet was founded in 2014 in Bengaluru, India, within the transportation and rental sector. Motorbikes are aggregated by the platform to connect users with rental options. Dedicated agents are assigned to manage customer interactions, facilitating service delivery and deal negotiations. Operations focus on streamlining access to motorbike rentals across urban areas in India.
- Headquarters Bengaluru, India
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Website category Travel and Tourism · Car Rentals
- Email••••••••
- Phone•••• ••••
- Website wheelstreet.com
- Social LinkedIn X Facebook
- Legal Name Bashar Technologies Private Limited
- Date of Incorporation 03 Nov, 2014
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹8.9 Lakh
FY 2016 · +50134% YoY
- Net Loss-₹1.36 Cr
FY 2016 · -1532% margin
- EBITDA-₹1.34 Cr
FY 2016 · -1504% margin
- Total Equity Funding$645.72K (USD)
in 3 rounds
- Latest Funding Round$120K (USD), Seed
Sep 2017
- InvestorsBroadbean Capital
& 4 more
Associated legal entities of Wheelstreet
Wheelstreet operates through Bashar Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2016) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bashar Technologies Private Limited CIN U72900DL2014PTC272885 | Active | 03 Nov 2014 | New Delhi, Delhi | ₹0.1 Cr | 22 | 2 | View details |
Funding Insights of Wheelstreet
Wheelstreet has successfully raised a total of $645.72K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $120 thousand completed in September 2017. 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 $645,723
- Total Rounds 3
- Last Round Seed — $120,000
- First Round $15,954
(Mar 2015)
- Investors Count 5
All 3 funding rounds of Wheelstreet 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 |
|---|---|---|---|---|---|
| Sep 2017 | $120,000 | Seed | – | Y Combinator | – |
| Dec 2015 | $509,769 | Seed | $3M | Broadbean Capital | – |
| Mar 2015 | $15,954 | Angel Round | $205,491 | Navin Ranka |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2015 | $3M | •••••••• |
Last known valuation $3M (Dec 2015). 5 investors in total: 2 institutional and 3 angel.
Investors in Wheelstreet
Wheelstreet has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Broadbean Capital, Y Combinator and Navin Ranka.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Early-stage venture capital funding and support for startups in India. | 2015 | broadbean.in | Mumbai, India | |
NR Navin Ranka | unknown_13aa5f436c9841bdb | |||
AJ Ankur Jain | Founder of B9 Beverages, angel investor in Indian startups | unknown_9988ed7721e645cca | ||
CB Chetan Bohra | unknown_e97cd4ee834846aea |
Investor details for Wheelstreet
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 Bashar Technologies Private Limited (Wheelstreet)
Bashar Technologies Private Limited is the primary company behind Wheelstreet. The board of Bashar Technologies Private Limited currently have 2 directors; the longest-serving is Moksha Srivastava, appointed in 2014. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Moksha Srivastava DIN 06961104 | Director | 03 Nov 2014 | 11 yrs 11 mo | Bashar Technologies Private Limited |
| Pranay Shrivastava DIN 06961074 | Director | 03 Nov 2014 | 11 yrs 11 mo | Bashar Technologies Private Limited |
Financials of Wheelstreet
Figures of Bashar Technologies Private Limited, the primary company behind Wheelstreet, for FY 2016. Revenue was ₹8.9 Lakh (+50134% year on year). Net loss was -₹1.36 Cr (-1532% margin). EBITDA was -₹1.34 Cr (-1504% margin).
- ₹8.9 LakhRevenue · FY 2016 · +50134% YoY
- -₹1.36 CrNet loss · -1532% margin
- -₹1.34 CrEBITDA · -1504% margin
- ₹2.3 LakhPaid-up capital
- 22Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Bashar Technologies Private Limited are on its company page.
Detailed financial statements for Wheelstreet
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 Wheelstreet
4 dated milestones of Wheelstreet across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Wheelstreet is founded.
- Funding First funding round of $16K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $120K.
Competitors of Wheelstreet
Wheelstreet has 3 listed competitors in our database, 2 of them funded. They include Royal Brothers, Tazzo and Rentrip.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| royalbrothers.com | 2015 | Bengaluru, India | $1.27M | 154 | Online platform offering bike rental services | |
| tazzobikes.com | 2015 | Hyderabad, India | $673,637 | Provides online on-demand motorbike rental services for convenient urban mobility. | ||
| rentrip.in | 2016 | Fatehpur, India | Offers self-drive rentals for bikes, cars, and bicycles in various Indian cities. |
Detailed competitors of Wheelstreet
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 Wheelstreet
The website of Wheelstreet (wheelstreet.com) receives about 5.4K visits a month and ranks #2,101,500 among all websites worldwide, #1,280 in Car Rentals.
- Monthly visits5.4K
▼ 27.1% vs previous month
- Unique visitors4.6K
per month
- Global rank#2,101,500
among all websites
- Category rank#1,280
Travel and Tourism · Car Rentals
- Bounce rate23%
- Pages per visit3.7
- Average visit1 min 01 sec
- DevicesDesktop 10% · Mobile 90%
Websites whose visitors overlap most with Wheelstreet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| royalbrothers.com | 100% | 403.7K | #105,531 | View details | |
rentabiketrivandrum.com | rentabiketrivandrum.com | 32% | #1,829,385 | – |
Top companies in Road Transport Tech
3 companies that operate in the same segment as Wheelstreet (Road Transport Tech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 | |
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 | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M |
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 Wheelstreet
Complete news archive for Wheelstreet
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 Wheelstreet
Wheelstreet was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Wheelstreet is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Wheelstreet is a funded company, having raised a total of $645.72K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $15.95K, raised on Mar 2015.
The primary company behind Wheelstreet, Bashar Technologies Private Limited, reported revenue of ₹8.9 Lakh for FY 2016, up 50134% year on year.
Wheelstreet was founded in 2014 in Bengaluru, India, within the transportation and rental sector. Motorbikes are aggregated by the platform to connect users with rental options. Dedicated agents are assigned to manage customer interactions, facilitating service delivery and deal negotiations. Operations focus on streamlining access to motorbike rentals across urban areas in India.
Wheelstreet's top competitors include Royal Brothers, Tazzo and Rentrip.
Wheelstreet has 5 investors. Key investors include Broadbean Capital, Y Combinator, Navin Ranka, Ankur Jain, and Chetan Bohra.
The valuation of Wheelstreet is $3M as of Dec 2015.
Wheelstreet operates through Bashar Technologies Private Limited.
The legal entities of Wheelstreet currently have 2 directors, including Moksha Srivastava, Pranay Shrivastava.