# Bookmycab.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bookmycab-com

- Industry: Transportation Services
- Headquarters: Mumbai, India
- Website: www.bookmycab.com
- Total disclosed funding: $1.3M
- Latest round: Series B (Apr 16, 2015)
- Investors on record: 3

## About

Bookmycab.com is an online car rental platform that streamlines vehicle bookings in urban areas, offering a user-friendly interface for individual and corporate customers.Bookmycab.com is a car rental service that facilitates vehicle bookings in major urban locations, including Mumbai and Pune. The company was acquired in March 2016 by Wings Travels Management Pvt Ltd from several investors, including Paytm and YourNest Capital Advisors. Following this acquisition, Bookmycab.com aims to expand its operations significantly. The latest funding round was a Series B, raising INR 7.500 mn and bringing the total amount raised to INR 7.500 mn, resulting in a current company valuation of INR 226.750 mn.Bookmycab.com primarily operates as an online car rental service, enabling users to book a variety of vehicles in major urban areas like Pune and Mumbai. The platform is designed to cater to both individual travelers and corporate clients, addressing mobility challenges with timely transportation solutions for business meetings, airport transfers, and leisure travel. The service includes features such as real-time vehicle tracking, fare estimation, and seamless payment options, aiming to enhance the customer experience.Bookmycab.com generates revenue primarily through direct transactions with customers for car rental services. In the most recent year, the company reported a revenue of INR 194079.6 in 2015, although it faced a negative EBITDA of INR -335480.4 for the same year. Customers can book vehicles on a pay-per-use basis, with pricing influenced by vehicle type and rental duration, while the business model supports partnerships with local enterprises and corporate clients.In March 2016, Wings Travels Management Pvt Ltd acquired Bookmycab.com, which will enable the company to strengthen its technology and expand business operations to 47 more cities across India, Myanmar, Thailand, Vietnam, and Sri Lanka. The funding raised through the recent Series B round will support these expansion initiatives as well as the development of new products aimed at enhancing service offerings in these regions.

## Funding rounds

- Series B, Apr 16, 2015, $0.1M — Mumbai Angels, YourNest Capital Advisors
- Series B, Sep 8, 2014, $0.3M — Mumbai Angels, YourNest Capital Advisors, Contrarian Drishti Partners
- Series A, Jul 26, 2012, $0.9M — Mumbai Angels, YourNest Capital Advisors

## Investors

- Mumbai Angels (https://capitalatlas.ai/funds/mumbai-angels) — Series A, Series B
- YourNest Capital Advisors (https://capitalatlas.ai/funds/yournest-capital-advisors) — Series A, Series B
- Contrarian Drishti Partners (https://capitalatlas.ai/funds/contrarian-drishti-partners) — Series B