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Let's driEV

Full company profile

uuid006epn5

Namestring
Let's driEV
Websiteurl
driev.bike
Company typeenum
Private
Founded yearint
2020
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersBhubaneswar, India
HQ citystring
Bhubaneswar
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
electric vehicle rentals, e-bike rental services, scooter rental platform, urban mobility rentals, sustainable transportation
NAICS code1 code
  • Automotive Equipment Rental and Leasing5321
SIC code1 code
  • Services-Auto Rental & Leasing (No Drivers)7510
Product category
Electric Vehicle Rental Services
Social media profiles3 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1EV Rental Fees
TypeUsage Based
Description

Revenue generated from renting electric vehicles (bikes and other EVs) to customers on a time-based or usage-based rental model in Bengaluru and Bhubaneswar.

driev.bike
Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Operations, Supply Chain, Personnel, Marketing or Sales, Technology or R&D
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Let's driEV operates an app-based electric scooter and e-bike rental service targeting urban commuters in Bengaluru and Bhubaneswar. The company provides short-trip rentals, subscription access, and delivery-fleet rentals from its owned EV fleet, with bookings facilitated through its website and mobile platform.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

driEV operates as a single-service EV rental platform offering electric vehicle (EV) bike rentals. The company provides its core rental service across two cities in India: Bengaluru and Bhubaneswar. No additional products, modules, or sub-brands are identified in the available source material.

Product and service1 record
1driEV EV Rental Service
CategoryElectric Vehicle Rental Services
Description

App and web-based electric scooter and e-bike rental service offering short-trip rentals, subscriptions, and delivery-fleet rentals to individual commuters and urban travelers in Bengaluru and Bhubaneswar. Customers book and access vehicles via the driev.bike platform.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Recent move3 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
1Vogo
TypeDirect peer
Description

Vogo offers app-based scooter rentals and subscriptions in Indian cities for daily commuting use cases — directly comparable to driEV's individual commuter rental and subscription offerings in the same geography.

TypeDirect peer
Description

Bounce is an Indian dockless scooter and EV-scooter rental operator offering short-trip and subscription rentals through a mobile app — directly competing with driEV's core offering of app-based electric scooter rentals for urban commuters in India.

TypeBroad incumbent
Description

Ola Electric is India's largest electric two-wheeler manufacturer with growing rental and subscription offerings — a broad incumbent in the Indian EV two-wheeler space whose fleet and rental ambitions overlap with driEV's positioning.

TypeBroad incumbent
Description

Zoomcar is a leading self-drive car rental and subscription platform in India operating across many cities — a broader incumbent in the Indian vehicle-rental category whose subscribers and self-drive model partially overlap with driEV's subscription and D2C rental positioning.

TypeDirect peer
Description

Yulu operates a shared electric two-wheeler (e-bike and e-scooter) mobility network across Indian cities using an app-based rental model with subscription and pay-per-use options — a direct functional peer to driEV in the micro-mobility EV rental category.

TypeEmerging player
Description

Rapido operates bike-based ride-hailing across Indian cities — an adjacent mobility platform using electric two-wheelers for short urban trips with an app-based model that partially overlaps driEV's commuter use cases.

TypeEmerging player
Description

Ather Energy is an Indian electric scooter manufacturer that has expanded into subscription and battery-as-a-service offerings — overlapping with driEV's EV mobility access proposition and providing a comparable EV-fleet-capable competitor with deeper hardware expertise.

TypeEmerging player
Description

Drivezy operates peer-driven and fleet-based vehicle rental in India (two- and four-wheelers) — overlapping with driEV's rental marketplace model and subscription-based access for Indian urban customers.

TypeBroad incumbent
Description

Revv is an Indian multi-city self-drive car subscription and rental platform sharing driEV's subscription-led access-over-ownership philosophy, though at larger four-wheeler scale and breadth.

TypeOthers
Description

Bajaj is a major Indian two-wheeler manufacturer that has partnered with Yulu and operates EV scooter programs across India — relevant as an upstream supplier/ecosystem participant whose products and partnerships shape the EV rental market driEV operates in.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat2 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Let's driEV

Electric Vehicle Rental Servicesdriev.bike

Let's driEV firmographics

Firmographics
Name
Let's driEV
Website
https://driev.bike
Company type
Private
Founded year
2020
Operating status
Operating
Headcount range
11–50 employees
Ownership category
akta.pro rank

Where Let's driEV is headquartered

Location

Headquarters

HQ city
Bhubaneswar
HQ country
India
HQ region
Asia

Offices2 records

Markets served

Let's driEV business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Operations, Supply Chain, Personnel, Marketing or Sales, Technology or R&D

Revenue model

  1. EV Rental Fees: Revenue generated from renting electric vehicles (bikes and other EVs) to customers on a time-based or usage-based rental model in Bengaluru and Bhubaneswar.

Go-to-market motion1 record

Distribution channels1 record

Let's driEV product offering

Product offering

Core offering

Let's driEV operates an app-based electric scooter and e-bike rental service targeting urban commuters in Bengaluru and Bhubaneswar. The company provides short-trip rentals, subscription access, and delivery-fleet rentals from its owned EV fleet, with bookings facilitated through its website and mobile platform.

Product overview

driEV operates as a single-service EV rental platform offering electric vehicle (EV) bike rentals. The company provides its core rental service across two cities in India: Bengaluru and Bhubaneswar. No additional products, modules, or sub-brands are identified in the available source material.

Differentiator

Problem solved

Functional benefit

Products and services

  • driEV EV Rental Service App and web-based electric scooter and e-bike rental service offering short-trip rentals, subscriptions, and delivery-fleet rentals to individual commuters and urban travelers in Bengaluru and Bhubaneswar. Customers book and access vehicles via the driev.bike platform.

Companies that use Let's driEV

Customer profile

Segments1 record

Ideal customer profiles1 record

Let's driEV technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Let's driEV partnerships and signals

Strategic signal

Scale indicators1 record

Recent moves3 records

Expansion highlights3 records

Let's driEV competitors and assessment

Company assessment

Direct peers

  • Vogo: Vogo offers app-based scooter rentals and subscriptions in Indian cities for daily commuting use cases — directly comparable to driEV's individual commuter rental and subscription offerings in the same geography.
  • Bounce: Bounce is an Indian dockless scooter and EV-scooter rental operator offering short-trip and subscription rentals through a mobile app — directly competing with driEV's core offering of app-based electric scooter rentals for urban commuters in India.
  • Yulu: Yulu operates a shared electric two-wheeler (e-bike and e-scooter) mobility network across Indian cities using an app-based rental model with subscription and pay-per-use options — a direct functional peer to driEV in the micro-mobility EV rental category.

Broad incumbents

  • Ola Electric: Ola Electric is India's largest electric two-wheeler manufacturer with growing rental and subscription offerings — a broad incumbent in the Indian EV two-wheeler space whose fleet and rental ambitions overlap with driEV's positioning.
  • Zoomcar: Zoomcar is a leading self-drive car rental and subscription platform in India operating across many cities — a broader incumbent in the Indian vehicle-rental category whose subscribers and self-drive model partially overlap with driEV's subscription and D2C rental positioning.
  • Revv: Revv is an Indian multi-city self-drive car subscription and rental platform sharing driEV's subscription-led access-over-ownership philosophy, though at larger four-wheeler scale and breadth.

Emerging players

  • Rapido: Rapido operates bike-based ride-hailing across Indian cities — an adjacent mobility platform using electric two-wheelers for short urban trips with an app-based model that partially overlaps driEV's commuter use cases.
  • Ather Energy: Ather Energy is an Indian electric scooter manufacturer that has expanded into subscription and battery-as-a-service offerings — overlapping with driEV's EV mobility access proposition and providing a comparable EV-fleet-capable competitor with deeper hardware expertise.
  • Drivezy: Drivezy operates peer-driven and fleet-based vehicle rental in India (two- and four-wheelers) — overlapping with driEV's rental marketplace model and subscription-based access for Indian urban customers.

Others

  • Bajaj Auto (Chetak Electric / Yulu Hola): Bajaj is a major Indian two-wheeler manufacturer that has partnered with Yulu and operates EV scooter programs across India — relevant as an upstream supplier/ecosystem participant whose products and partnerships shape the EV rental market driEV operates in.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

Let's driEV social profiles

Digital presence

Let's driEV financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Let's driEV leadership team

Management profile

Number of profiles

Let's driEV funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Let's driEV M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Let's driEV

What does Let's driEV do?

Let's driEV operates an app-based electric scooter and e-bike rental service targeting urban commuters in Bengaluru and Bhubaneswar. The company provides short-trip rentals, subscription access, and delivery-fleet rentals from its owned EV fleet, with bookings facilitated through its website and mobile platform.

Is Let's driEV a public or private company?

Let's driEV is a private company. It is classified as unknown and is currently operating.

When was Let's driEV founded?

Let's driEV was founded in 2020. It employs 11 to 50 people.

Where is Let's driEV based?

Let's driEV is headquartered in Bhubaneswar, India, in the Asia region.

How does Let's driEV make money?

One revenue line is on record: EV Rental Fees.

Who are Let's driEV's main competitors?

Direct peers on record are Vogo, Bounce and Yulu. Broad incumbents are Ola Electric, Zoomcar and Revv. Emerging players are Rapido, Ather Energy and Drivezy. Bajaj Auto (Chetak Electric / Yulu Hola) is listed as an others.

Does Let's driEV have an API?

No public API is recorded for Let's driEV.

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