Quick Ride Overview
- Year Founded
-
2014
- Status
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Private
- Employees
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100
- Latest Deal Type
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2ndary - Private
- Investors
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2
Quick Ride General Information
Description
Developer of carpool and ride-sharing application designed to provide daily commutes. The company's mobile application uses an algorithm based on pickup and drop off location that intelligently matches riders and ride takers, verifies users, provides instant communication, allows cashless transactions and encashes ride points, enabling daily passengers to save cost, reduces traffic congestion, save transit times and aid to reduce air pollution.
Contact Information
Website
www.quickride.inCorporate Office
- 19, KMJ Avenue, 2nd Floor
- Aswath Nagar, Outer Ring Road, Above Avant Grade - Motoplex, Marathahalli
- Bengaluru, Karnataka 560037
- India
Corporate Office
- 19, KMJ Avenue, 2nd Floor
- Aswath Nagar, Outer Ring Road, Above Avant Grade - Motoplex, Marathahalli
- Bengaluru, Karnataka 560037
- India
Quick Ride Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Secondary Transaction - Private | 24-Feb-2021 | Completed | Generating Revenue | |||
| 2. Later Stage VC (Series B) | 24-Apr-2019 | Completed | Generating Revenue | |||
| 1. Early Stage VC (Series A) | 13-Aug-2018 | $1.45M | $1.45M | Completed | Generating Revenue |
Quick Ride Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preference | ||||||||
| Ordinary | ||||||||
| Preference | 2,523 | $1.441168 | $568.88 | $568.88 | 1x | $568.88 | 12.8% | |
| Ordinary | 10 | $0.144117 | $568.88 | $568.88 | 1x | $568.88 | 0.05% |
Quick Ride Comparisons
Industry
Financing
Details
Quick Ride Competitors (14)
One of Quick Ride’s 14 competitors is SRide, a Venture Capital-Backed company based in Gurgaon, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| SRide | Venture Capital-Backed | Gurgaon, India | ||||
| Mahapool | Accelerator/Incubator Backed | Faridabad, India | ||||
| Careem | Formerly VC-backed | Dubai, United Arab Emirates | ||||
| FreeNow | Venture Capital-Backed | London, United Kingdom | ||||
| Bolt (Automotive) | Venture Capital-Backed | Tallinn, Estonia |
Quick Ride Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Growth Rate
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Key Data Points
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Majestic Referring Domains
Quick Ride Investors (2)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Prosus Ventures | Corporate Venture Capital | Minority | ||
| Venture Highway | Venture Capital | Minority |
Quick Ride FAQs
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When was Quick Ride founded?
Quick Ride was founded in 2014.
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Where is Quick Ride headquartered?
Quick Ride is headquartered in Bengaluru, India.
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What is the size of Quick Ride?
Quick Ride has 100 total employees.
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What industry is Quick Ride in?
Quick Ride’s primary industry is Automotive.
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Is Quick Ride a private or public company?
Quick Ride is a Private company.
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What is Quick Ride’s current revenue?
The current revenue for Quick Ride is .
-
How much funding has Quick Ride raised over time?
Quick Ride has raised $16M.
-
Who are Quick Ride’s investors?
Prosus Ventures and Venture Highway have invested in Quick Ride.
-
Who are Quick Ride’s competitors?
SRide, Mahapool, Careem, FreeNow, and Bolt (Automotive) are some of the 14 competitors of Quick Ride.
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