DriveX

Buy, sell, and service certified pre-owned two-wheelers with confidence

Estonia · Founded 2020 · $2.4M raised

Employees
201–500
Founded
2020
Business Model
Marketplace
Website
drivex.io
Total Funding
$2.4M
Last Round
$1.2M Venture RoundFeb 2025
Rounds
3

About

DriveX Mobility Pvt. Ltd. is India's leading marketplace for certified pre-owned two-wheelers. Every bike on the platform undergoes 300+ quality checkpoints, comes with warranty options, and includes end-to-end RC transfer support. Founded in 2020 by Narain Karthikeyan (India's first Formula 1 driver), DriveX offers a full ecosystem encompassing buying, selling, exchanging, servicing, and financing used bikes. The company operates across multiple showrooms in Bengaluru, Chennai, Coimbatore, New Delhi, and other cities. TVS Motor Company holds an 87.38% stake, making DriveX a TVS subsidiary.

Summary

DriveX is a Mobility company based in Estonia, founded in 2020. It has raised $2.4M in total across 3 rounds, most recently a $1.2M Venture Round round in Feb 2025.

Tech & App Stack

6 technologies & apps tracked

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Funding History

Venture RoundVenture RoundFeb 2025
$1.2M

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Angel through Venture Round — per-round amounts, valuations, and who invested in each round.

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