AckoDrive - About the company
AckoDrive is an unfunded company based in Bengaluru (India), founded in 2023 by Varun Dua and Vishwanath Ram. It operates as an Online dealer of new cars. AckoDrive has not raised any funding yet, with a current valuation of ₹*****. The company has 449 active competitors, including 3 funded and 3 that have exited. Its top competitors include companies like Sobek Auto India, 91Wheels and Bharath Auto Cars.
Company Details
Online dealer of new cars. It allows buyers to search the inventory of cars and book by making an online payment via the platform. The platform provides list of cars, bikes, and EVs. Users can search and find cars based on brand, model, price, and more.
- Website
- ackodrive.com
- Email ID
- *****@ackodrive.com
- Phone Number
- +91 **********
- Registered Address
- 36/5, Hustlehub One East, Somasandrapalya, 27th Main Rd, Sector 2, HSR Layout, Hara, lukunte, Bangalore, Bangalore, Karnataka, India, 560102
Key Metrics
Founded Year
2023
Location
Bengaluru, India
Stage
Unfunded
Post Money Valuation
₹***** as on Dec 14, 2023
Ranked
5th among 449 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
639 as on May 31, 2025
Legal entities associated with AckoDrive
AckoDrive is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ACKO TECHNOLOGY & SERVICES PRIVATE LIMITED CIN: U74110KA2016PTC120161 , India, Active | Sep 07, 2016 | $100M - $500M (As on Mar 31, 2025) | 608 (As on Mar 01, 2026) |
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AckoDrive's funding and investors
AckoDrive has not raised any funding rounds yet.
AckoDrive's founders and board of directors
Founder? Claim ProfileThe founders of AckoDrive are Varun Dua and Vishwanath Ram. Varun Dua and Animesh Das are the CEOs of AckoDrive.
Here are the details of AckoDrive's key team members:
- Varun Dua: Co-Founder & Co-CEO of AckoDrive and founder of 3 other companies, GlitterBug Technologies, ACKO and Coverfox Insurance. They are also an angel investor in 13 startups and serve on the boards of 3 companies.Contact Info: 2 phone numbers
- Vishwanath Ram: Co-Founder of AckoDrive and founder of 1 other company.
AckoDrive's Board of Directors
AckoDrive's board has 10 active members. Varun Dua, Nithya Easwaran, Mridul Arora, Shantanu Rastogi, Rajat Mangla, Animesh Kumar Das and Binny Bansal are part of team and Abhinav Chaturvedi, Narumanchi Venkata Sivakumar and Chengalath Jayaram are independent board members.Here is the list of AckoDrive's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 6m | |
Investor | - | Current | 4y 0m | |
Investor | - | Current | 6y 0m | |
csoyiz{ | Investor | vxloode | Current | 3y 5m |
jlrlryj | Investor | jbsnbyx | Current | 8y 3m |
r{ulnmo | Investor | kwpvpcu | Current | 9y 6m |
ndiozrv | Investor | jyoddyp | Current | 2y 4m |
Independent board member | - | Current | 7y 10m | |
bhup{cs | Independent board member | - | Current | 5y 6m |
jkoefpu | Independent board member | - | Current | 8y 1m |
View details of AckoDrive's Founder profiles and Board Members
AckoDrive's employee count trend
AckoDrive has 639 employees as of May 25. The total employee count is 9.0% lower than what it was in May 24. Here is AckoDrive's employee count trend over the years:
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AckoDrive's Competitors and alternates
Top competitors of AckoDrive include Sobek Auto India, 91Wheels and Bharath Auto Cars. Here is the list of Top 10 competitors of AckoDrive, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ![]() Sobek Auto India 2018, Gurugram (India), Acquired | Provider of dealership services for selling cars | - | - | 43/100 |
2nd | Online vehicle listing platform | - | - | 43/100 | |
3rd | Bharath Auto Cars 2006, Mangaluru (India), Unfunded | Dealer of cars | - | - | 42/100 |
4th | Nippon Toyota 1999, Kochi (India), Unfunded | Car dealership offering sales and services | - | - | 42/100 |
5th | Online dealer of new cars | - | - | 41/100 | |
6th | Retailer of motor vehicles providing sales and after-sales service | - | - | 41/100 | |
7th | Advaith Kia 2019, Bengaluru (India), Unfunded | Provider of car dealership services | - | - | 41/100 |
8th | Sharayu Toyota 2010, Aurangabad (India), Unfunded | Toyota car dealership provider | - | - | 41/100 |
9th | Vehicle dealer offering commercial vehicles and passenger cars | - | - | 40/100 | |
10th | Arena of Nanakramguda 1996, Hyderabad (India), Unfunded | Car dealership offering maruti suzuki cars with best deals and test drive options | - | - | 40/100 |
Looking for more details on AckoDrive's competitors? Click here to see the top ones
AckoDrive's Investments and acquisitions
AckoDrive has made no investments or acquisitions yet.
Reports related to AckoDrive
Here is the latest report on AckoDrive's sector:
News related to AckoDrive
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ACKO Drive launches in Hyderabad, offers a one-stop solution for car buyersAsian News International•Mar 15, 2022•AckoDrive
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AckoDrive partners with IDFC FIRST Bank to issue free FASTagsAsian News International•Mar 05, 2021•AckoDrive
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