On-demand chauffeur provider Drivers-Kart acquires Driven

KOLKATA: Chennai-based on-demand chauffeur provider Drivers-Kart has acquired Mumbai-headquarterd startup Driven.

When contacted, DriversKart cofounder and CEO Vinit Srivastava told ET that it was an equity and cash deal but declined to reveal the deal value.

DriversKart, run by Get Driven Technologies, enables users to hire drivers on an hourly, weekly or monthly basis through its app. It was founded by serial entrepreneur Vinit Srivastava, former Jabong executive Lakshmi Potluri and former Cognizant executive Saksham Grover in 2015.

Post acquisition, DriversKart will become market leader in India’s on-demand driver marketplace.

The Chennai-based startup is serves 10,000 rides a month and operates in Bengaluru, Mumbai, Pune, Delhi and Chennai. It has about 20 employees under its payroll. It aggregates drivers and agencies on its marketplace after verifying the antecedents of the drivers and training them.

It is the most preferred driver provider for self-drive car rental company Zoomcar, Justride, etc., and has strong presence in B2B and B2C segment. It competes with the likes of DriveU, Zimmber and Driver Bulao.

Srivastava said, Driven has a strong team and good presence in the Mumbai consumer market.

There is immediate value in this deal for DriversKart. “We get access to a team which was equally excited and passionate about this space and has had tremendous learnings in short span of time. It gives access to 150 driver partners servicing 1000 customers a month. The deal will strengthen the presence of DriversKart in Mumbai.”