India · Automotive startup

DriveX

DriveX Mobility Pvt. Ltd.

Funding reportedLast round: Corporate round

AutomotiveBengaluru, India

About DriveX

DriveX Mobility Pvt. Ltd.

is an Indian technology company focused on the pre-owned two-wheeler market. Founded in April 2020 and based in Bengaluru, Karnataka, DriveX operates as a Direct-to-Consumer (D2C) brand and a Two-Sided Marketplace. The company aims to enhance the buying experience in India's unorganized pre-owned two-wheeler sector through a tech-enabled platform that sources, refurbishes, and sells used bikes. DriveX offers a range of services, including tech-enabled procurement, in-house refurbishment, quality assurance, vehicle financing, and post-purchase maintenance. Their core product consists of certified, refurbished pre-owned two-wheelers that meet high standards of quality and reliability. Each vehicle comes with a warranty and free service packages, catering to individual consumers, first-time buyers, and urban commuters seeking economical and dependable transportation options. The company has gained recognition in the market, especially after a majority stake acquisition by TVS Motor Company in November 2024.

What company datasets say DriveX raised

Funding, as reported

Reported in all850Min the source's currency
Rounds1
Last roundCorporate round
Last round dateAug 2022
Investors listed1

On a portfolio page

Investors who name them

Each firm lists DriveX on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

consumersvehicle evaluation3 free servicestrusted platformcompetitive pricingmotorcycle financingtest ridevehicle servicesecure payment optionsvehicle inspectionlightning fast servicemotor vehicle manufacturinginformation technology & servicesbest value for moneyinstant paymenttwo-wheeler ecosystem

Built with from their website

Google Tag ManagerExcel ImpactAmazon CloudFrontGoogle SheetsSalesforce CRM AnalyticsReact NativePWAMicrosoft PowerPointGoogle AdsGoogle Workspace

+8 more

Viewport MetaViteLucidePostgreSQLExcel4AppsFacebook SDKpython celeryCascade CMS

Sector
Automotive
Industry code
NAICS 441227, SIC 5599
Region
Karnataka
Revenue
7M a year, as listed
Full record
Every detail in the company directory

Automotive in India

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