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Quick Ride - About the company
Quick Ride is a series B company based in Bengaluru (India), founded in 2015 by Ashalatha Kuchipudi, Vishal Lavti and Shobhana Sriram. It operates as a Provider of carpool, bikepool, and taxi services. Quick Ride has raised $15.8M in funding from Sequoia Capital and Naspers, with a current valuation of $*****. The company has 363 active competitors, including 21 funded and 5 that have exited. Its top competitors include companies like Uber, Blu-Smart and Ola.
Company Details
Provider of carpool, bikepool, and taxi services. This company offers a platform connecting individuals for shared rides, reducing commute costs and environmental impact. Taxi services include airport transfers, outstation travel, and local transportation. The platform facilitates booking, payment, and ride tracking, ensuring a convenient and reliable experience. Rental car options are also available for various durations and vehicle types.
- Website
- quickride.in
- Social
- Email ID
- *****@quickride.in
- Phone Number
- +91 **********
- Registered Address
- No.96 , R J GARDEN, MARATHAHALLI, CHINNAPANAHALLI, Bangalore, BANGALORE, Karnataka, India, 560037
Key Metrics
Founded Year
2015
Location
Bengaluru, India
Stage
Series B
Total Funding
$15.8M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Feb 08, 2019
Investors
Ranked
11th among 363 active competitors
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
31 as on Aug 31, 2025
Similar Companies
Legal entities associated with Quick Ride
Quick Ride is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
IDISHA INFO LABS PRIVATE LIMITED CIN: U72400KA2014PTC074812 , India, Active | Jun 10, 2014 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 31 (As on Apr 01, 2026) |
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Quick Ride's funding and investors
Quick Ride has raised a total funding of $15.8M over 2 rounds. Its first funding round was on Aug 13, 2018. Its latest funding round was a Series B round on Feb 08, 2019 for $*****. 3 investors participated in its latest round. Quick Ride has 5 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of Quick Ride:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 08, 2019 | 4203252 | Series B | 5889072 | 4792522 | 2500033 | 1169442 |
Aug 13, 2018 | 5185202 | Series A | 1576007 | 2481089 |
Access funding benchmarks and valuations. Sign up today!View details of Quick Ride's funding rounds and investors
Quick Ride's founders and board of directors
Founder? Claim ProfileHere are the details of Quick Ride's key team members:
- Ashalatha Kuchipudi: Co-Founder of Quick Ride. They are also an angel investor in 1 startup.Contact Info: 2 phone numbers
- Vishal Lavti: Co-Founder of Quick Ride. Contact Info: 1 email address
- Shobhana Sriram: Co-Founder & CTO of Quick Ride. Contact Info: 1 email address
Quick Ride's Board of Directors
Quick Ride's board has 3 active members. Ashutosh Sharma, Shobhana Bangalore Nagaraja and Nagamalleswrarao Kuchipudi are part of team.Here is the list of Quick Ride's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 12y 3m | |
akcwyyh | Team | - | Current | 1y 9m |
akasuqt | Investor | xjtrizj | Past | 4y 4m |
jfbeqwa | Independent board member | - | Past | 2y 2m |
View details of Quick Ride's Founder profiles and Board Members
Quick Ride's employee count trend
Quick Ride has 31 employees as of Aug 25. The total employee count is 21.0% lower than what it was in Aug 24. Here is Quick Ride's employee count trend over the years:
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Quick Ride's Competitors and alternates
Top competitors of Quick Ride include Uber, Blu-Smart and Ola. Here is the list of Top 10 competitors of Quick Ride, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Uber 2009, San Francisco (United States), Public | Network providing on-demand transportation, delivery, and business management solutions | $13.2B | 89/100 | |
2nd | Platform offering electric vehicle fleet undergoing corporate insolvency resolution process | $159M | 79/100 | ||
3rd | Operator of a network providing on-demand transportation and mobility solutions | $3.84B | 72/100 | ||
4th | App-based platform offering ride-hailing services | $135M | 72/100 | ||
5th | Snap-E Cabs 2022, Kolkata (India), Seed | Operator of electric vehicle transportation services providing ride bookings via application | $5.03M | 68/100 | |
6th |  Evera Cabs 2019, Delhi (India), Seed | Provider of an application for booking electric vehicle transportation services | $14M | 61/100 | |
7th | TaxiForSure 2011, Bengaluru (India), Acquired | Car rental aggregator | $45.2M | 59/100 | |
8th | Operator of a technology platform providing all-electric vehicle cab booking services | $6.27M | 58/100 | ||
9th | Provider of vehicle transfer and tech enabled solutions | - | - | 54/100 | |
10th | App-based platform offering ride-hailing services | - | 53/100 | ||
11th | _1581685816451.png?devicePixelRatio=2&height=30&width=30){kind=logo} Quick Ride 2015, Bengaluru (India), Series B | Provider of carpool, bikepool, and taxi services | $15.8M | 59/100 |
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Quick Ride's Investments and acquisitions
Quick Ride has made no investments or acquisitions yet.
Reports related to Quick Ride
Here is the latest report on Quick Ride's sector:
News related to Quick Ride
Filter this list•
Quick Ride launches COVID care on its app to find and list medical resourcesYourStory•Apr 30, 2021•Quick Ride
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Sequoia Capital Exits From Car & Bike Pooling Startup Quick RideInc42•Feb 24, 2021•Quick Ride, Sequoia Capital
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Carpool startup Quick Ride sees 4X growth in 2019The World Mobile News Network•Dec 27, 2019•Quick Ride
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Candor TechSpace partners with Quick RideDeccan Chronicle Holdings•Aug 08, 2019•Quick Ride, Candor TechSpace
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redBus goes down the carpooling road with rPool, targets working professionalsYourStory•Jun 12, 2019•redBus, Uber, Quick Ride
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Sequoia, Naspers, Venture Highway Invest INR 100 Cr In Quick RideInc42•Apr 24, 2019•Quick Ride, Naspers, Sequoia Capital, Venture Highway
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