Samvreeddhi Mobility Private Limited

Business Overview

• Samvreeddhi Mobility Private Limited operates under the brand "LetzRyd" (letzryd.com), an urban ride-hailing / mobility platform.
• Per its own site: "Urban mobility infrastructure for India," positioned as "redefining urban mobility" with a fleet-leasing/driver-partner model, "Driverpreneur" program, and an investor-participation fleet-expansion pathway.
• Claims, per Tofler-summarized site data, unverified against filings: 1,000+ vehicles, 500,000+ completed trips, 1,400+ drivers, live in Hyderabad, Bangalore and Mumbai with planned expansion to Delhi and Chennai
• Fleet includes Hyundai Xcent, Citroen eC3, Maruti Suzuki WagonR and Dzire.
• Registered business activity per company registry data: rental/leasing of motor vehicles (NIC 77100) — consistent with a fleet-leasing entity behind the LetzRyd ride-hailing brand.
• Source: letzryd.com, self-description, Tofler, TheCompanyCheck.

Sector & Classification

NIC 77100 — Renting and leasing of motor vehicles (matches CIN prefix U77100; TheCompanyCheck describes activity as "Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc."). Fits its LetzRyd ride-hailing/fleet-leasing model.

Directors & Key Management

GST Registrations

not obtained. No GSTIN could be retrieved from any accessible source (mastersindia.co page for this CIN returned 404; knowyourgst/findgst individual GSTIN pages could not be located without the GSTIN itself). PAN also not obtained. Do not infer.

Financials

• Latest available, FY2024, per Tofler, standalone, unaudited/registry-derived: Revenue ~₹11.46 Lakh.
• EBITDA, Net Profit, Net Worth: locked behind Tofler paywall, not obtained.
• Tofler's separate financials sub-page, referencing period to Mar 2025, shows YoY directional deltas only, Revenue -6.49%, EBITDA -6.6%, Net Profit +190.59%, Net Worth -7.96%, Total Borrowings +47.15%, Total Assets +3.46%, with absolute values locked — not usable as figures, only direction.
• Auditor reported: Sudarshan Abilesh & Co.
• Last AGM: 29 September 2025.
• No independent second source corroborates the FY2024 revenue figure — treat as partial/single-source.

Funding History

• Not obtained via equity-funding news, no WebSearch budget remained this session to check Entrackr/Inc42/Tracxn for named rounds; direct fetch attempts returned no usable data.
• However, registry data (Tofler) shows active secured-debt "charges" consistent with debt-financed fleet expansion, see Charges below, rather than confirmed equity rounds.
• No investor names or round names confirmed from any reliable source in this pass.

Shareholding

• Not obtained — TheCompanyCheck explicitly notes shareholding/ownership data requires premium access; no shareholder names or percentages retrieved from any source.

Loans & Charges

• Per Tofler, single source, partial — treat as indicative only: Open charges ~₹9.08 Cr, satisfied charges ₹0, lender type "Others", NBFC/private lender category, exact lender names not obtained.
• Recent charge registrations listed: ₹1 Cr (30 Apr 2025), ₹3 Cr (10 Mar 2025), ₹3 Cr (18 Feb 2025), ₹24.3 Lakh (12 Nov 2024), ₹1.84 Cr (08 Nov 2024).
• Lender identities not obtained — could not corroborate with a second source.

Related Parties

• Group/related-party info limited to one data point: director Gourawaram Sarvagna's other reported directorships — IGB Infrastructure Limited, Alderaan Services Private Limited, Nilgai Foods Private Limited, TheCompanyCheck, single source, unverified.
• No parent/subsidiary or promoter-group entity identified.

Credit Ratings

• Not obtained / none found. No CRISIL, ICRA or CARE rating located for this entity in this pass, consistent with it being a small, recently-incorporated private company with debt sourced from NBFC/private lenders rather than rated instruments.

Legal & Compliance

• One possible Indian Kanoon hit surfaced, "Umadevi N vs Tata AIG Gen Ins Co Ltd," Bangalore District Court, case KABC0B0000632025, 21 May 2026, but relevance to this specific company could not be confirmed — the case title does not name Samvreeddhi Mobility or LetzRyd, and this may be a loose keyword match rather than a genuine hit.
• Do not treat as a confirmed legal matter involving this company
• Flagged as unverified/likely-irrelevant rather than reported as fact.

Competitive Landscape

• Peers in Indian app-based ride-hailing / fleet-leasing mobility, rough scale tags, not verified against this company's exact revenue: Ola, Uber-scale, large/listed-adjacent, Uber India, large, MNC-backed, Rapido, large, well-funded unicorn, BluSmart, mid-large, EV-fleet, well-funded, Namma Yatri/Beckn-based ONDC mobility apps, mid-scale, low-commission model, Meru Cabs, legacy mid-scale.
• LetzRyd itself appears to be a small/early-stage regional player, Hyderabad-origin, expanding to Bangalore/Mumbai, relative to these.

Frequently Asked Questions

Sources

https://www.thecompanycheck.com/company/samvreeddhi-mobility-private-limited/U77100KA2023PTC180350 ; https://www.tofler.in/samvreeddhi-mobility-private-limited/company/U77100KA2023PTC180350 ; https://www.tofler.in/samvreeddhi-mobility-private-limited/company/U77100KA2023PTC180350/financials ; https://letzryd.com/ ; https://indiankanoon.org/search/?formInput=Samvreeddhi%20Mobility%20Private%20Limited (low-confidence match, flagged unverified). Falconebiz and Mastersindia direct-URL guesses returned no company-specific data (homepage/404) and were not usable as sources.