Key Metrics
  • No. of Employees61
  • Founded Year 2019
  • Company StagePrivate Limited Company
  • Total Funding₹7.6 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About SheerDrive

Sheerdrive is a digital AI/ ML pre-owned vehicle platform, which deals with all the key elements required to run an effective used vehicle program

Whether you’re a New or Used Vehicle dealer or any business that deals with used vehicles, our digital platform will address all your procurement and re-marketing needs

Automation is at the core of our products. Unique digital Platform “VIAR” will convert every market opportunity into real business.

Business Model

Sheerdrive is a digitally enabled AI/ML pre-owned car platform. It offers features like vehicle scan, intelligent computation for vehicle grading, assured pricing with a unique algorithm, and robust remarketing via omnichannel connections to car retailers and web aggregators. Its brands are BikGai.com, a car auction platform, Eval Pro, a vehicle inspection app, and Superbids.in, an auction marketplace for repossessed & salvage assets.

Top Competitors
EW
EwheelersU72900TG2019PTC135711
CA
CarsabkuchU74999UP2019PTC116174
MY
MyraahU72900PN2020PTC189804
CA
CarohbarU74999PN2018PTC177853
SheerDrive Funding Details
Funding Highlights
Latest Funding RoundSeed
Total Funding Raised₹7.6 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors1
Investors
  • Landmark Cars
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
SheerDrive Financial Details
Financial Highlights
FY 2023-24 Revenue₹142.76 Cr
FY 2023-24 Expenses₹149.62 Cr
FY 2023-24 Profit/Loss-₹6.86 Cr
Net Cash Flow From Operations-₹4.08 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
SheerDrive Key People
People Metrics
Current Core Team1
Board Members/Directors4

Core Team

RM
Ravi MehraCo-Founder & CEO

Board Members/Directors

HM
HARSHAL MANOJKUMAR DESAIDirector
SV
SIDDHARTH VIJAY PANIKARDirector
RM
RAVISEN MANMOHAN MEHRAManaging Director
MR
MEENAKSHI RAVISEN MEHRADirector
SheerDrive Documents

AY - 2020-21

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

AY - 2021-22

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

AY - 2022-23

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

AY - 2023-24

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

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