Driven - About the company
Driven is an acqui-hired company based in Hyderabad (India), founded in 2015 by Ashwin Jain. It operates as an Online self-drive car and bike rentals firm. The company has 97 active competitors, including 5 funded and 1 that has exited. Its top competitors include companies like Revv, TIER and Blive.
Company Details
Driven is an online B2C self-drive car and bike rentals company. Offers add-on accessories like baby seats, navigational aides, etc. Provides GPS tracked vehicles. Catering to Hyderabad, Vijaywada and Vishakhapatnam. Fleet is owned and operated by parent companies 4 Wheel Travels and Noori Travels. Acquired by DriversKart in May 2016.
- Website
- driven.in
- Social
- Registered Address
- 8-2-268/S/91/A-2, SAGAR CO-OP SOCIETY LTD ROAD NO 2, BANJARA HILLS, Hyderabad, HYDERABAD, Telangana, India, 500034
Key Metrics
Founded Year
2015
Location
Hyderabad, India
Stage
Acqui-Hired
Ranked
12th among 97 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2018
Employee Count
36 as on Jul 31, 2022
Legal entities associated with Driven
Driven is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Driven By You Mobility Llp CIN: AAE-0723 , India, Converted to CMP and dissolved | Jun 03, 2015 | 0 - ₹10 Cr (As on Mar 31, 2018) | 36 (As on Jul 31, 2022) |
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Driven's funding and investors
Driven has not raised any funding rounds yet.
Driven's founders and board of directors
Founder? Claim ProfileThe founders of Driven is Ashwin Jain.
Here are the details of Driven's key team members:
- Ashwin Jain: Former Founder of Driven.
View details of Driven's Founder profiles and Board Members
Driven's employee count trend
Driven has 36 employees as of Jul 22. The total employee count is 13.0% more than what it was in Jul 21. Here is Driven's employee count trend over the years:
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Driven's Competitors and alternates
Top competitors of Driven include Revv, TIER and Blive. Here is the list of Top 10 competitors of Driven, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online rental platform providing cars | $38.2M | 65/100 | ||
2nd | Operator of shared electric scooters and bicycles for urban transit | $660M | 64/100 | ||
3rd | Provider of electric vehicle fleet rentals, charging, and management solutions | $3.28M | 60/100 | ||
4th | Carzonrent 2000, Delhi (India), Early Stage | Online platform offering car rental services through a digital interface | $17M | 58/100 | |
5th | Provider of self-drive car rental services, including delivery and support | - | - | 57/100 | |
6th | Provider of short and long-term rental services for cars and motorcycles | $40M | 48/100 | ||
7th |  Long Drive Cars 2018, Hyderabad (India), Unfunded | Online platform for self-drive car rentals offering a wide range of vehicles | - | - | 48/100 |
8th | Self Drive car rentals by Orix India | - | - | 46/100 | |
9th |  Onroadz Car Rental 2010, Chennai (India), Unfunded | Provider of car rental services | - | - | 45/100 |
10th | Online car subscription platform | - | - | 39/100 | |
12th | Online self-drive car and bike rentals firm | - | - | 35/100 |
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Financials of Driven
Driven By You Mobility Llp, the legal entity associated with Driven, generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2018. The revenue of Driven By You Mobility Llp has a compounded annual growth rate (CAGR) of 16% in the last 1 year.
Financial Statement Summary
Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
Income Statement | |||
Revenue | 1262 | 3250 | 1788 |
EBITDA | 2108 | 9721 | 6925 |
Net Profit | 4329 | 7082 | 2408 |
Balance Sheet | |||
Assets | 3882 | 7573 | 6097 |
Liabilities | 3438 | 7806 | 6652 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
Driven's Investments and acquisitions
Driven has made no investments or acquisitions yet.
Reports related to Driven
Here is the latest report on Driven's sector:
News related to Driven
•
Vahanalytics raises seed fund of $200,000 from Venture CatalystsBusiness Standard•May 30, 2016•VahAnalytics, Venture Catalysts, Driven, Anirudh A Damani
•
Chauffeur provider app DriversKart buys smaller rival DrivenVCCircle•May 20, 2016•Driverskart, Driven, ah! Ventures, Jabong
•
One more acquisition in on-demand driver services market, DriversKart acquires Mumbai-based DrivenYourStory•May 12, 2016•Driverskart, Driven, DriveBud, DriveU and 2 others
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