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Drivex

Transportation · Mumbai, India · Founded 2016

India’s first integrated auto-tech platform offering refurbished two-wheelers in like-new condition MoreLess

DriveX operates in the pre-owned two-wheeler market, offering a comprehensive platform for buying, selling, and maintaining used bikes. The company targets customers looking for quality and reliability in their two-wheeler purchases, providing a wide range of options evaluated at 100 checkpoints to ensure top-notch quality. DriveX facilitates a seamless transaction process with services like free doorstep inspection and hassle-free documentation, enhancing customer convenience. The business model revolves around creating a trustable ecosystem where customers can exchange their bikes or scooters, backed by warranties and expert maintenance services. DriveX generates revenue through sales of refurbished bikes, exchange services, and maintenance offerings, catering to urban markets with showrooms in multiple cities. Keywords: used bikes, certified evaluations, hassle-free, buying, selling, maintenance, two-wheelers, exchange, warranty, urban markets.

Valuation $500M–1B
Revenue $1–10M
Headcount 100–500
Total funding $10–50M
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Company overview

Drivex company information

The essential company record, classifications and operating signals in one place.

Status
Acquired
Founded
2016
Headquarters
Mumbai, India
Employees
328
Open positions
29
Dealroom signal
88.2
client focusb2csub industrySearch, Buy & Rentbusiness modelMarketplace & ecommerceindustryTransportation

Valuation & funding

Drivex funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GROWTH EQUITY VCEquity / VC Apr 2026 $535M TVS Motor Company
GROWTH EQUITY VCEquity / VC Jul 2025 $7.4M $58M TVS Motor Company
ACQUISITIONExit Dec 2024 $12M $30M TVS Motor Company
LATE VCEquity / VC Aug 2022 $11M $43M TVS Motor Company
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Financials

Revenue and workforce over time

Available revenue and workforce history. Fields without reported data are omitted.

YearRevenueGrowthEmployees
2026 $8.1M 0% 328
2025 $8.1M +76.4% 285
2024 $4.6M +487% 194
2023 $786K +1133% 120
2022 $64K 0% 42
2021 $64K 0%
2020 $64K
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Growth signals

Drivex website traffic

Latest recorded traffic for Drivex is 510K monthly website visits, up 6.3% over the last three months. Drivex's team grew 15.1% over the past year.

Latest monthly visits510K 3-month web change+6.3% 1-year team growth+15.1%
Monthly website visits46 observations · Jan 2022–Jul 2026
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Comparisons

Drivex compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

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Talent graph

Drivex's talent

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Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

1 investor on Drivex's cap table

Sourced from Dealroom's funding and investor records.

Series B+ 1 investor entered at this stage
TVS Motor Company

Global footprint

Where Drivex has talent and traffic

Workforce by country
2 countries with
team presence
🇮🇳 India98.9%
🇺🇸 United States0.6%
2 countries shown

In the news

Latest news about Drivex

Recent press, funding announcements, and product moves mentioning Drivex — open to read from the original sources.

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Market sentiment

What the market is saying about Drivex

An AI-synthesized read of the highest-engagement posts about Drivex on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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