LetzRyd funding, investors and company details

LetzRyd is an emerging Online Service Provider startup from Bengaluru, working in the space of Tech-enabled mobility fleet platform providing vehicles and drivers to ride-hailing companies. Founded by Tarun Jain, Kushagra Dokania,, Sarvagna G.

Company: Samvreeddhi Mobility Private Limited
Sector: Online Service Provider
Location: Bengaluru
Founders: Tarun Jain, Kushagra Dokania,, Sarvagna G
Total funding raised: ₹36.9 Cr

Company overview

LetzRyd operates a tech-enabled mobility fleet platform in India, providing vehicles and drivers to ride-hailing companies like Uber and Ola while offering flexible leasing and ownership pathways for drivers and fleet operators. It manages over 1,000 vehicles across Hyderabad, Bangalore, and Mumbai, focusing on driverpreneur programs with training, financing, operational support, and tech for real-time fleet analytics, predictive maintenance, and maximized utilization to boost driver earnings by 20-22%. The Bengaluru-based startup emphasizes sustainable urban mobility through B2B corporate contracts and scalable micro-entrepreneur ecosystems.

Funding rounds

Latest round (Series A): $ 4.00 Mn (₹36.90 Cr.), 2026-03-24. Investors: JIF Capital, 15th Rock, UNLEASH Capital Partners