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Drivex

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

Mumbai, IndiaFounded 2016Transportation
Valuation $500M–1B Last recorded · 2026
Revenue $1–10M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Drivex and the history behind them.

About Drivex

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.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2016
Headquarters
Mumbai, India
Employees
328
Open positions
29
Dealroom signal
88.2/100
Industry
Transportation
Sub-industry
Search, Buy & Rent
Sector
Transportation
Business model
Marketplace & ecommerce
Client focus
b2c

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GROWTH EQUITY VC✓Equity / VC Apr 2026 — $535M TVS Motor Company ↗
GROWTH EQUITY VC✓Equity / VC Jul 2025 $7.4M $58M TVS Motor Company ↗
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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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%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later1 investor entered at this stage

  • TVS Motor Company
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.

Global footprint

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

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Drivex on X, ranked by likes and reposts, corporate channels excluded.

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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