LetzRyd Secures $1 Million in Seed Funding to Accelerate Growth in Ride-Hailing Platforms

We are thrilled to announce that LetzRyd, an innovative fleet operating company based in India, has successfully raised $1,000,000 in our latest funding round. This infusion of capital marks a significant milestone in our journey as we strive to empower mobility entrepreneurs across various ride-hailing platforms. At LetzRyd, we pride ourselves on offering comprehensive mobility solutions tailored for micro-entrepreneurs eager to forge a career in the burgeoning gig economy. With our dynamic and passionate team, we are committed to building an environment where our customers thrive and our employees feel inspired to achieve extraordinary results. The newly acquired funds will enable us to expand our current operations, which proudly encompass a fleet of over 200 vehicles in Hyderabad. We are excited to share that our goal is to extend our presence to three additional cities by the end of this year, facilitating access to reliable and efficient mobility solutions for an increasing number of micro-entrepreneurs. Our core values—centered around customer passion, ethical conduct, and a strong sense of ownership—drive us to enhance our services and ensure the utmost satisfaction for our clients. As we navigate this transformative period, we remain focused on being the best fleet operating partner in the industry. This funding not only reinforces our commitment to growth but also highlights the immense potential within the mobility sector in India. We are excited about the journey ahead and grateful for the continued support from our investors and community.