DriveX
DriveX is a mobility company in Estonia, founded in 2020. It has raised $2.4M across 3 rounds, most recently a $1.2M Venture Round in February 2025.
Buy, sell, and service certified pre-owned two-wheelers with confidence
- Employees
- 201–500
- Founded
- 2020
- Business Model
- Marketplace
- Website
- drivex.io
- Total Funding
- $2.4M
- Last Round
- $1.2M Venture RoundFeb 2025
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 3 funding rounds for this company. The full record is or through the API.
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
It lists 201–500 employees. It has raised $2.4M in total across 3 rounds, most recently a $1.2M Venture Round in Feb 2025.
Tech & App Stack
6 technologies & apps tracked
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Funding History
Feb 2025
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Funding: Angel through Venture Round. Amounts, valuations, and investors where available.
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