Key Metrics
  • No. of Employees342
  • Founded Year 2015
  • Company StagePrivate Limited Company
  • Total Funding₹59.86 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About DriveU

DriveU is India’s largest private driver network, offering reliable and transparent chauffeuring services across multiple cities. With 24x7 operation centers, we prioritize customer needs by providing a clear, usage-based pricing model and consistently high service quality. Our technology-driven approach not only enhances customer experiences but also boosts efficiency and earnings for their driver partners. At DriveU, they are passionate about building innovative solutions that improve everyday living, driven by our enthusiastic team of animal lovers and dedicated professionals. We believe in listening to our customers, ensuring every ride is enjoyable, and fostering a community where your ideas shape their journey forward.

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DriveU Funding Details
Funding Highlights
Latest Funding RoundSeries B
Total Funding Raised₹59.86 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors2
Investors
  • Unitus Seed fund, Stevens Creek Ventures
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
DriveU Financial Details
Financial Highlights
FY 2023-24 Revenue₹24.59 Cr
FY 2023-24 Expenses₹24.48 Cr
FY 2023-24 Profit/Loss₹11.35 Lakh
Net Cash Flow From Operations₹2.31 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
DriveU Key People
People Metrics
Current Core Team2
Board Members/Directors2

Core Team

AS
Ashok Shastry Co-Founder & CEO
RS
Ramprasad Shastry Co-Founder

Board Members/Directors

AS
Ashok Shastry Whole-time director
RS
Ramprasad ShastryManaging Director
DriveU Documents

AY - 2019-20

Profit and loss statement - DriveU - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of DriveU for FY 2019-20
₹249.00 ₹498.00
Balance sheet - DriveU - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of DriveU for FY 2019-20
₹249.00 ₹498.00

AY - 2020-21

Profit and loss statement - DriveU - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of DriveU for FY 2020-21
₹249.00 ₹498.00
Balance sheet - DriveU - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of DriveU for FY 2020-21
₹249.00 ₹498.00

AY - 2021-22

Profit and loss statement - DriveU - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of DriveU for FY 2021-22
₹249.00 ₹498.00
Balance sheet - DriveU - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of DriveU for FY 2021-22
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - DriveU - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of DriveU for FY 2022-23
₹249.00 ₹498.00
Balance sheet - DriveU - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of DriveU for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - DriveU - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of DriveU for FY 2023-24
₹249.00 ₹498.00
Balance sheet - DriveU - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of DriveU for FY 2023-24
₹249.00 ₹498.00

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