Drivers4Me Secures Rs 3 Cr. Seed Round

Drivers4Me Secures Rs 3 Cr. Seed Round

Kolkata-based driver aggregator startup Drivers4Me has secured a seed funding round of Rs 3 crore. This investment will fuel the company’s expansion plans and help enhance its services across India.

Founded in 2018 by Rajarshi Nag and Paramartha Saha, Drivers4Me began as a college project at IEM, Kolkata. The company has faced challenges in the competitive ride-hailing market but has met and exceeded its goals.

With over 2.5 million app downloads and compatibility with both Android and Apple devices, Drivers4Me has gained recognition for its seamless user experience and commitment to reliability. Despite facing challenges in a constantly evolving market, the company’s dedication to excellence has not only met but exceeded its goals.

Funds to Drive Expansion and Service Improvement

Drivers4Me is currently operating in three major cities in India, including Kolkata, Delhi, and Hyderabad. The funding will be used to:

  • Expand to new cities: Drivers4Me currently operates in Kolkata, Delhi, and Hyderabad. The company plans to launch services in Bangalore, Mumbai, and Pune within the next year.
  • Enhance services: Drivers4Me will allocate resources to improve their existing services and optimize business operations.

Looking Ahead

This seed funding round is a significant milestone for Drivers4Me. With this investment, the company is well-positioned to accelerate its growth and become a major player in the Indian ride-hailing market.

The recent Seed Funding round has attracted investments from prominent figures in the industry, reflecting confidence in Drivers4Me’s vision and potential. Notable investors include:

  • Sagar Daryani (Wow Momo)
  • Abhishek Rungta (INT.)
  • Arun Mukherjee (Chaigram, TABP)
  • Sunil Kumar Singhvi (South Handlooms, Singhvi Heritage)
  • Vineet Patawari (StockEdge, Elearnmarkets)
  • Sumedh Patodia (Kolkata Thunderbolts)
  • Biswanath Bhattacharjee (BKP)
  • Ranodeep Saha (Rare Planet)
  • Vivek Bajaj (StockEdge, Kredent, Elearnmarkets)
  • Manish Kumar Singh (FortWise Capital)
  • Hari Balasubramanian
  • Ayush Murarka (Ventures)
  • Dr. Chandrachur Konar (Konar Corporation) and more

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This seed funding round is a big win for Drivers4Me. It puts them in a strong position to grow and become a major player in India’s ride-hailing market.