Grel Overview
- Year Founded
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2023
- Status
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Private
- Employees
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22
- Latest Deal Type
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Seed
- Latest Deal Amount
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$440K
- Investors
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1
Grel General Information
Description
Operator of an electric cab booking platform designed to provide urban and intercity transportation services. The company's platform offers fixed-fare ride booking, salaried drivers, sanitized electric vehicles, and real-time ride management tools, enabling commuters and corporate travelers to access reliable and environmentally conscious transportation services.
Contact Information
Website
www.grelcabs.comCorporate Office
- D-309, 3rd Floor, Gini Bellina
- Porwal Road, Lohegaon
- Pune, Maharashtra 411047
- India
Corporate Office
- D-309, 3rd Floor, Gini Bellina
- Porwal Road, Lohegaon
- Pune, Maharashtra 411047
- India
Grel Timeline
Grel Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 2. Seed Round | 23-Feb-2026 | $440K | Completed | Generating Revenue | ||
| 1. Seed Round | 12-Apr-2024 | Completed | Generating Revenue |
Grel Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed 1 CCPS | ||||||||
| Ordinary | ||||||||
| Preference | 109,891 | $0.120110 | $1.09 | $1.09 | 1x | $1.09 | 6.59% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Grel Signals
Grel Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Equanimity Investments | Venture Capital | Minority |
Grel FAQs
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When was Grel founded?
Grel was founded in 2023.
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Where is Grel headquartered?
Grel is headquartered in Pune, India.
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What is the size of Grel?
Grel has 22 total employees.
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What industry is Grel in?
Grel’s primary industry is Automotive.
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Is Grel a private or public company?
Grel is a Private company.
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What is the current valuation of Grel?
The current valuation of Grel is .
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What is Grel’s current revenue?
The current revenue for Grel is .
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How much funding has Grel raised over time?
Grel has raised $920K.
-
Who are Grel’s investors?
Equanimity Investments has invested in Grel.
Data Transparency
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