DRIFE TECHNOLOGIES PRIVATE LIMITED

company

About

DRIFE is a decentralized ride-hailing platform powered by blockchain with the intent of empowering both, the drivers and commuters

Details

Last Funding Type
Seed
Industries
Blockchain,Ride Sharing,Taxi Service
Founded date
Jul 2, 2018
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
DRIFE TECHNOLOGIES PRIVATE LIMITED
Also Known As
DRIFE

DRIFE is a decentralized ride-hailing platform powered by blockchain with the intent of empowering value creators within our ecosystem – these include the drivers, commuters, and community developers. DRIFE plans to disrupt the existing business model and remove the corporate intermediaries involved in the transactions. Our ride-hailing platform has created a new paradigm for the ride-hailing industry. We are the first platform in this niche to express the full features of the decentralized ride-hailing economy. With the power of the Blockchain technology, the DRIFE platform strives to bring a new paradigm to the ride-hailing platform and solve the horde of issues that have emerged from the current model of centralized business. The growth of the platform not only contributes to the objective of DRIFE but also enhance the overall value provided to all the stakeholders concerned like driver’s income, commuters fare, cybersecurity and transparent governance.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
DRIFE TECHNOLOGIES PRIVATE LIMITED has raised a total of — in funding over 2 rounds. Their latest funding was raised on May 1, 2021 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 1, 2021 Seed 2 AU21 Capital
GD10 Ventures
Detail
May 29, 2020 Seed 3 Detail

Investors

Number of Lead Investors
Number of Investors
2
5
DRIFE TECHNOLOGIES PRIVATE LIMITED is funded by 5 investors. AU21 Capital and GD10 Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
AU21 Capital Yes Seed
GD10 Ventures Yes Seed
AE Ventures Seed
CV VC Seed
Woodstock Fund Seed

Employee Profiles

Number of Employee Profiles
6
DRIFE TECHNOLOGIES PRIVATE LIMITED has 6 current employee profiles, including Advisor Ian Scarffe
Advisor
Executive
Executive
Executive
Executive