DriveU Overview

  • Founded
  • 2015
Founded
  • Status
  • Private
  • Employees
  • 145
Employees
  • Latest Deal Type
  • Series B1
  • Investors
  • 5

DriveU General Information

Description

Operator of an on-demand driver booking platform intended to be used for personal car driving. The company's platform offers a mobile-based application for instant car driver booking services, nearest possible through GPS, enabling users to hire private chauffeurs at affordable prices on a temporary and hourly basis.

Contact Information

Website
www.driveu.in
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Automotive
Other Industries
Application Software
Primary Office
  • 113, 17th Main Road
  • 5th Block, Koramangala
  • Bengaluru, Karnataka 560095
  • India
+91 088807 00000

DriveU Timeline

2018201920202021
Financing RoundFinancing RoundCaptured Employee CountEstimated Employee Growth
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DriveU Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Early Stage VC (Series B1) 01-Sep-2019 00.000 Completed Generating Revenue
4. Early Stage VC (Series A1) 01-Oct-2018 00.000 Completed Generating Revenue
3. Seed Round 27-Mar-2018 000 00.000 Completed Generating Revenue
2. Early Stage VC (Series A) 24-Jan-2017 $4.41M $5.41M Completed Generating Revenue
1. Seed Round 29-Feb-2016 $1M $1M Completed Startup
To view DriveU’s complete valuation and funding history, request access »

DriveU Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Operator of an on-demand driver booking platform intended to be used for personal car driving. The company's platform of
Automotive
Bengaluru, India
145 As of 2021
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Chennai, India
00 As of 0000
0000000000 0

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0000000000
Athens, Greece
00 As of 0000
00.000
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000000&0 00.000
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DriveU Competitors (18)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Top4 Call Drivers Failed Transaction (VC) Chennai, India 00 0000000000 0
0000 (000000000000 Formerly VC-backed Athens, Greece 00 00.000 000000&0 00.000
000000000 Venture Capital-Backed Berlin, Germany 000 00000 0000000000 0 00000
0000000000 00000 Private Equity-Backed New Delhi, India 000 000.00 000000 - 000 000.00
000 Venture Capital-Backed Bengaluru, India 0000 00.000 0000000000 0
You’re viewing 5 of 18 competitors. Get the full list »

DriveU Executive Team (5)

Name Title Board Seat Contact Info
Ramprasad Shastry Co-Founder, Chief Executive Officer & Board Member
Ashok Shastry Co-Founder, Chief Operating Officer & Board Member
Ashok Raavi Vice President, Engineering
Vishal Kumar Vice President, Operations & Strategy
You’re viewing 4 of 5 executive team members. Get the full list »

DriveU Board Members (2)

Name Representing Role Since
Ashok Shastry DriveU Co-Founder, Chief Operating Officer & Board Member 000 0000
Basu Ullagaddi Self Board Member & Advisor 000 0000
To view DriveU’s complete board members history, request access »

DriveU Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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DriveU Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
VentureFarmer Venture Capital Minority 000 0000 000000 0
Stevens Creek Ventures Venture Capital Minority 000 0000 000000 0
Amit Singhal Angel (individual) Minority 000 0000 000000 0
Lead Angels Angel Group Minority 000 0000 000000 0
Unitus Ventures Venture Capital Minority 000 0000 000000 0
To view DriveU’s complete investors history, request access »

DriveU Acquisitions (3)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000 12-Jul-2017 0000000000 Automotive 00000 000
00000000000 04-May-2017 0000000000 Automotive 000000000
Callathome 02-May-2016 Merger/Acquisition Social/Platform Software 000000000
To view DriveU’s complete acquisitions history, request access »

DriveU Subsidiaries (1)

Company Name Industry Location Founded
00000 Automotive Mumbai, India 0000
To view DriveU’s complete subsidiaries history, request access »