About Wickedride Adventure Services Private Limited
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Wickedride Adventure Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the ride-hailing services segment of the transport and logistics sector. It was incorporated on 05 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2014PTC076210. Its GSTIN is 29AABCW5594K1CW (Karnataka). The company holds 23 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹79.59 Cr and a paid-up capital of ₹48.96 Cr. It is led by directors including Giri Raju Anil and Hassan Ramakrishna Vivekananda.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2026, the company reported a revenue of ₹58.96 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹5.49 Cr (net margin -9.3%) and EBITDA of ₹9.58 Cr (EBITDA margin 16.3%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 6% over five years.
The company has about 36 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 5 brands: Wicked Ride, Bounce Infinity, Bounce Infinity, Excelus Learning Solutions and 22Motors. As per MCA filings, the company has open charges of ₹76.3 Cr and satisfied charges of ₹235.03 Cr on record. Court records list 51 cases involving the company, including 23 filed by the company and 28 filed against it; 8 cases are pending. The company has 26 deals on record (17 funding rounds, 5 secondary share transfers, 3 debt financings), with disclosed funding of ₹1,488.61 Cr; the latest was in March 2026. The company has 8 MSME Form 1 returns on record between 2020 and 2024, listing 128 overdue payments to 32 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wickedride.com.
Company details
Contact details
Wickedride Adventure Services Private Limited's registered office is in Bangalore, Karnataka. Its website is wickedride.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressAbhaya Heights No.11 Service Road, J.P. Nagar 3rd Phase Banerghatta Road, Bangalore, Karnataka, India – 560078
- IndustryTransport and Logistics, Ride-Hailing Services
To see the full contact details of Wickedride Adventure Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Wickedride Adventure Services operates multiple associated brands including Wicked Ride, Bounce Infinity, and Bounce Infinity. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Educational platform offering free materials on subjects like Islam, economics, and science. | wickedride.com | |
| Electric two-wheelers are manufactured for sustainable urban mobility solutions. | bounceinfinity.com | |
| Provides comprehensive learning solutions for various industries | exceluslearning.com | |
| Electric scooters with smart features are developed by 22Motors. | 22motors.in | |
| Bounce Infinity is engaged in manufacturing electric scooters for Indian roads. | bounceshare.com |
Business activity
The main business activity of Wickedride Adventure Services is administrative and support service activities. In detail, this covers rental and leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 77 | Rental and leasing activities |
To see the full business activity and turnover split of Wickedride Adventure Services Private Limited, buy the company report.
Financials of Wickedride Adventure Services Private Limited
FY 2026 filings availableWickedride Adventure Services Private Limited reported revenue of ₹58.96 Cr (up 10% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 10% growth in the latest year. EBITDA rose 178% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹58.96 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.49 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.3% | ||||
| Net Profit Margin | -9.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
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| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Wickedride Adventure Services Private Limited, buy the company report.
Board of directors of Wickedride Adventure Services Private Limited
Wickedride Adventure Services has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Giri Raju Anil | Director | 05 Sep 2014 | 12 Years 2 Months | Current |
| Hassan Ramakrishna Vivekananda | Director | 01 Apr 2015 | 11 Years 7 Months | Current |
| Prashant Priya Also directs: Chiral Organics Private Limited, Amarante Bulk Carriers Private Limited, Amarante Shipping Private Limited and 2 more | Director | 25 Mar 2015 | 11 Years 7 Months | Current |
| Varun Vishwanath Agni Also directs: Joyride Experiences Private Limited | Director | 05 Sep 2014 | 12 Years 2 Months | Current |
Auditor
Wickedride Adventure Services Private Limited is audited by J A A & Co for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J A A & Co | FY 2026 | 013699S |
Shareholding
The shareholding of Wickedride Adventure Services Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Wickedride Adventure Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 2025 | 101159826 | Others | ₹5 Cr | Open | |
| 14 Jan 2022 | 100535603 | Others | ₹21.3 Cr | Open | |
| 28 Apr 2021 | 100441304 | Others | ₹50 Cr | Open | |
| 30 Sep 2022 | 100614484 | Axis Bank Limited | ₹20 Cr | Satisfied | |
| 09 Feb 2022 | 100538514 | Others | ₹20 Cr | Satisfied |
To see the full charge records of Wickedride Adventure Services Private Limited, buy the company report.
Total charge records: 40 View all charges
Deals & funding
Wickedride Adventure Services Private Limited has 26 deals on record (17 funding rounds, 5 secondary share transfers, 3 debt financings), with disclosed funding of ₹1,488.61 Cr; the latest was in March 2026.
Deals on record (5 of 26)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Funding round · Series F | ₹36 Cr | Investors: Accel India, B Capital |
| Feb 2024 | Funding round | ₹1.63 Cr | Investors: BCCL |
| Mar 2023 | Funding round · Series E | ₹43.46 Cr | Investors: Accel India, Omidyar Network, Chiratae Ventures (IDG), an individual |
| Jan 2022 | Debt financing | ₹21.3 Cr | Investors: Pratithi Investments |
| Apr 2020 | Funding round | ₹44.8 Lakh | Investors: XTO10X Technologies Pte Limited |
To see the full deal history of Wickedride Adventure Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Wickedride Adventure Services Private Limited has 51 court cases on record: 23 filed by Wickedride Adventure Services, 28 filed against it. 8 cases are pending and 43 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 22 | 5 |
| High courts | 8 | 6 | 3 |
Cases on record (5 of 51)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Samparka Info Media Pvt Ltd and 4 others | Disposed |
| District court, South West, Delhi | Motor accident claim | Filed against the company | Pending |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Pending |
| High Court of Kerala | Court case (MACA) | Filed against the company by an individual | Pending |
| High Court of Karnataka | Court case (RP) | Filed by the company against an individual | Pending |
To see the full case history of Wickedride Adventure Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Wickedride Adventure Services Private Limited has 8 MSME Form 1 returns on record between 2020 and 2024, listing 128 overdue payments to 32 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 32)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Searce Cosourcing Service Private Limited | |||
| Intellicar Telematics Private Limited | |||
| Nexigo Energy Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Wickedride Adventure Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Wickedride Adventure Services has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Bounce Electric 1 Private Limited | U34300HR2016PTC065380 | |
| Zuink Smart Mobility Solutions Private Limited | U74999KA2018PTC116260 | |
| Joyride Experiences Private Limited | U74999KA2019PTC130599 |
To see the full group structure of Wickedride Adventure Services Private Limited, buy the company report.
Employees & EPFO
Wickedride Adventure Services Private Limited has a workforce of 36 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Wickedride Adventure Services has 23 GST registrations: 13 active and 10 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCW5594K1CW | Karnataka | Active | 03 Nov 2020 |
| 08AABCW5594K1ZP | Rajasthan | Active | 09 Aug 2017 |
| 24AABCW5594K1ZV | Gujarat | Active | 19 Aug 2017 |
| 36AABCW5594K1ZQ | Telangana | Active | 18 May 2018 |
To see the full GST registrations and return filing status of Wickedride Adventure Services Private Limited, buy the company report.
Recent activity
Wickedride Adventure Services Private Limited has 10 board changes on record since 2014: 4 appointments and 6 cessations. The latest: Shailesh Lakhani ceased to be Nominee Director on 19 Dec 2025.
79 earlier events are in the company report.
News
Frequently asked questions
Wickedride Adventure Services is an active private limited company based in Bangalore, Karnataka, India. The company works in ride-hailing services, within the transport and logistics industry. It was incorporated on 05 September 2014 (12+ years old) and is registered under CIN U74140KA2014PTC076210.
Wickedride Adventure Services has 4 current directors:
- Giri Raju Anil - Director
- Hassan Ramakrishna Vivekananda - Director
- Prashant Priya - Director
- Varun Vishwanath Agni - Director
The latest financial statements of Wickedride Adventure Services on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Wickedride Adventure Services is 29AABCW5594K1CW, registered in Karnataka. The company has 23 GST registrations in all, of which 13 are active and 10 are cancelled or inactive. Other active GSTINs include 08AABCW5594K1ZP (Rajasthan), 24AABCW5594K1ZV (Gujarat), 36AABCW5594K1ZQ (Telangana).
The CIN (Corporate Identification Number) of Wickedride Adventure Services is U74140KA2014PTC076210. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wickedride Adventure Services has 51 court cases on record: 23 filed by the company and 28 filed against it. 8 are pending. Most are in the district courts.
Wickedride Adventure Services was incorporated on 05 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Wickedride Adventure Services has 26 deals on record (17 funding rounds, 5 secondary share transfers, 3 debt financings), with disclosed funding of ₹1,488.61 Cr; the latest was in March 2026.
Shailesh Lakhani ceased to be Nominee Director on 19 Dec 2025. Meenakshi Sundaram ceased to be Nominee Director on 15 Jul 2025. Anand Daniel ceased to be Nominee Director on 29 Dec 2023. Wickedride Adventure Services has 10 board changes on record in total.
Wickedride Adventure Services has 8 MSME Form 1 returns on record between 2020 and 2024, listing 128 overdue payments to 32 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Wickedride Adventure Services can be reached through the website wickedride.com. Its registered office is in Bangalore, Karnataka, India.
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