LetzRyd

Drive in the future of urban mobility

Bengaluru, India · Founded 2023 · $7.4M raised

Headquarters
Bengaluru
Founded
2023
Business Model
B2B
Total Funding
$7.4M
Last Round
$4.0M Venture RoundMar 2026
Rounds
3

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

LetzRyd is a technology-enabled, asset-backed fleet management platform that supplies vehicles and drivers to ride-hailing companies across Hyderabad, Bengaluru, and Mumbai, with plans to expand into Delhi and Chennai. The company operates a fleet of over 1,000 cars, has completed more than 500,000 trips, and works with over 1,400 drivers, while also enabling individual investors to fund and profit from vehicles in its fleet.

Summary

LetzRyd is a company based in Bengaluru, India, founded in 2023. It has raised $7.4M in total across 3 rounds, most recently a $4.0M Venture Round in Mar 2026. Investors include JIF Capital, Unleash Capital and Caret Capital.

Funding History

Venture RoundSeries VentureMar 2026
$4.0M

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Funding: Seed through Venture Round. Amounts, valuations, and investors where available.

Investors

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