inDrive Valuation, Funding & Investors

Whop functions as a marketplace for digital products where entrepreneurs sell communities, online courses, and software tools. It manages memberships across Telegram and Discord with automated role assignments and access controls. San Francisco-headquartered Whop provides payment processing, analytics, and chat features to help creators scale operations and retain subscribers.

Cabify is a Madrid-headquartered ride-hailing service operating in Spain, Portugal, and Latin American countries including Mexico, Colombia, and Peru. The app offers economy, comfort, and premium vehicle classes with licensed professional drivers. Launched in 2011, Cabify integrates carbon offset options and corporate accounts for fleets. It competes in markets like Santiago and Buenos Aires with fixed pricing during peak hours.

GO Inc is a mobility-tech company, focused on taxi and transportation services through a digital platform. Its business activities include the provision of dispatch systems for taxi operators, taxi-hailing applications, and other mobility-related services.

Neutron Holdings Inc is a micromobility company that provides rentals of shared electric scooters (e-scooters) and electric bicycles (e-bikes) through its platform (the Rider App) to be used for short distances in various cities and municipalities around the world.

GoTo is an Indonesian ecosystem that combines ride-hailing, delivery, and financial services under one app. The company operates primarily in Indonesia and is the product of a merger between Gojek and Tokopedia in May 2021, but recently divested the e-commerce business into a combined entity with TikTok Indonesia in 2024. Looking ahead, we expect the on-demand service to account for the majority of revenue while its financial services begin to ramp. Prior to the deconsolidation, 82% of nonfinancial services gross transactional value came from e-commerce, and the firm will begin to expand into financial services such as providing loans and buy now, pay later programs. The company competes with Grab in the ride-hailing and delivery business.

Socar Inc is a car sharing company in Korea. The company uses mobility technology for its business.

Lyft is the second-largest ride-sharing service provider in the US and Canada, connecting riders and drivers over the Lyft app. Incorporated in 2013 and public since 2019, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-share, Lyft has entered the bike- and scooter-share market to bring multimodal transportation options to users.

Yimidida is a Shanghai-headquartered logistics platform that enables crowd-sourced delivery to rural villages throughout China. Founded in 2015, it streamlines product shipments with features including payment collection, transport insurance coverage, return receipt handling, real-time delivery tracking, dispatch optimization, and truck deployment improvements. The service ensures swift order fulfillment regardless of customer location in remote areas.

BuySell Technologies Co Ltd is engaged in providing internet-based reuse business. It offers purchase services from all over Japan to various sales services such as EC and special events. The company's products are kimono, stamps, coins, precious metals, jewelry, branded goods, watches, antiques, fur, liquor, among others.

Carousell is a Singapore-headquartered classifieds platform enabling users to buy and sell second-hand goods via mobile app across fashion, electronics, cars, and home categories. Available in seven countries including Singapore, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, and Italy, it processes millions of listings monthly. Ranked number one shopping app in multiple markets, Carousell launched in August 2012 and expanded to 19 cities worldwide. Backed by Sequoia Capital, Rakuten Ventures, 500 Global, Golden Gate Ventures, and Quest Ventures, the platform features in-app chat, safe payment options, and seller tools for seamless transactions.

Yelp Inc operates in the online content market based in the United States. It provides a web-based platform and mobile application to bridge the gap between businesses and consumers. The platform assists consumers through product reviews, tips, photos and videos thereby enabling them in making better buying decisions and posting their feedbacks. Its products and services includes Advertising Products and Business Page Products. In addition, it also lets the buyers directly transact with businesses directly through its platform. Yelp generates revenue mainly from the sale of advertising on its website and mobile app to businesses. The company generates majority of the revenue from United States.

Baltic Classifieds Group PLC is an online classifieds group in the Baltics which owns and operates various vertical and generalist online classifieds portals in Estonia, Latvia, and Lithuania. Its online classifieds portfolio comprises vertical online classifieds portals, including vertical portals for automotive, real estate, and jobs and services, and a few generalist portals, offering a wide line of products. The main focus of the Group is operating online classifieds platforms for automotive, real estate, jobs and services, and general merchandise in the Baltics. lt generates revenue from fees for service packages based on the number of job ad postings; fees for short-term services including job ad promotion, job ads, and access to the resume database.

Yandex.Market is a Moscow-based online shopping platform aggregating listings from electronics retailers like M.Video, apparel stores, and appliance sellers. Shoppers compare prices across 10 million products, place direct orders with Yandex Delivery logistics, and access financing options. The service covers Russia and Kazakhstan with integration to Yandex Pay.

Weidian Group is a Guangzhou-based developer of e-commerce platforms tailored for WeChat integration. The service enables merchants to create SaaS-based online stores, manage inventory, process payments, and engage customers via social networks. Popular among small businesses and community shops, it supports product uploads across WeChat channels, serving millions of sellers in China's domestic market.

QuinStreet Inc focuses on marketplaces and technologies for the financial services and home services industries. It delivers measurable and cost-effective marketing results to its clients, in the form of qualified inquiries such as clicks, leads, calls, applications, or customers. It generates revenue by delivering measurable online marketing results to the clients. Its products and services are Customer Acquisition, QuinStreet Rating Platform (QRP), and CloudControlMedia. Geographically, it operates in United States and Internationally, of which maximum revenue is derived from United States.

Beijing Zhidemai Technology Co Ltd is a shopping portal that integrates shopping guide, media, tools and community attributes. It introduces high-quality and consumer-oriented content to users with high-quality, good-quality products and services, providing users with high efficiency, precision and neutrality.

58 Daojia is a Beijing-headquartered on-demand services platform covering cleaning, laundry, home repairs, beauty, and pet care in over 300 Chinese cities. Acquired by 58.com in 2016, it matches users with local providers via GPS-based algorithms, processing millions of orders monthly. The app supports same-day bookings and payments through Alipay integration.

Benlai Holding Group is a Shanghai-headquartered e-commerce operator focused on fresh groceries across China. Established in 2012, it sources produce, seafood, meats, dairy, and packaged goods directly from farms and suppliers for same-day delivery in major cities including Beijing, Guangzhou, and Chengdu. The platform maintains cold-chain logistics infrastructure and quality assurance labs to uphold food freshness standards, positioning itself as a key player in the daily shopping category.