MooVita Pte Ltd

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MooVita Pte Ltd - overview

Established

2016

Location

Singapore, -, Singapore

Primary Industry

Transportation Services

About

Based in Singapore, and founded in 2016 by co-founders Anthony Wong and Limbu Dilip Kumar, MooVita Pte. Ltd. , previously known as Luca Pte. Ltd.


, specializes in designing and deploying autonomous vehicles in urban cities. The company is headquartered in Singapore, with offices in Malaysia and India. In June 2021, MooVita raised an undisclosed amount of Series A funding. MooVita is developing a component-based driverless software solution that transforms various vehicle types into autonomous vehicles that are capable of mapping and localization, perception, navigation behavior, and vehicle controlling for different driving conditions and applications.


MooVita plans to use the June 2021 Series A funding to accelerate the development, commercialization, and international expansion of its driverless product. This involves deploying the solutions for public transportation and the urban environment, falling in line with the Sustainable Singapore Blueprint goal to achieve a cleaner and greener transport system in the city-state by 2030.


Current Investors

Enterprise Singapore, Pioneer Corporation, Greenmeadows Accelerator

Primary Industry

Transportation Services

Sub Industries

Public Transit/Transportation, Analytics & Performance Software

Website

www.moovita.com

Verticals

Artificial Intelligence, IoT (Internet of Things)

Company Stage

Series A

Total Amount Raised

Subscriber access only

MooVita Pte Ltd - timeline of key events

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MooVita Pte Ltd - financials

Fiscal Year EndedApr 30, 2018Apr 30, 2019Apr 30, 2020Apr 30, 2021Apr 30, 2022Apr 30, 2023Apr 30, 2024
Revenue (USD)773,140561,9831,579,257599,664---
% Revenue Growth (YoY)-(27.3%)181.0%(62.0%)---
EBITDA (USD)(388,671)(2,564,738)(4,021,729)(3,670,936)---
Operating Income (USD)(403,722)(2,654,991)(4,250,472)(3,895,195)---
Operating Margin(52.2%)(472.4%)(269.1%)(649.6%)---
% EBITDA Margin(50.3%)(456.4%)(254.7%)(612.2%)---
NET Income (USD)(403,722)(2,654,943)(4,250,476)(3,897,796)---
% Net Margin(52.2%)(472.4%)(269.1%)(650.0%)---

MooVita Pte Ltd - employee data

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