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CARZONRENT INDIA
Carzonrent move towards EV; converts its entire fleet of 5k cars to electric by next yearCar rental firm Carzonrent on Wednesday said it has launched an initiative to transition its entire existing fleet of 5,000 cars to electri...
Carzonrent appoints Sudarshan S Sarma as CEOIn a career spanning over 15 years, Sarma has also worked with Google as the Head of Industry-automotive and General Motors in channel and ...
Uber races ahead of Meru & Easy CabsET had reported, earlier in December, that Uber India Systems, which provides marketing and support services to Uber, posted a 442% jump in...
Uber races ahead of Meru and Easy CabsAfter Uber sold off its China operations to Didi Chuxing earlier this year, it has further accelerated its efforts in India, which is now i...
Legacy of family business gives advantage to startup founders“Taking a new challenge was exciting, but less risky for me possibly than a first generation entrepreneur. You don't have a family that wou...
Taxi operator Meru Cabs slashes fares by 25% in Delhi; new rates to be effective till mid-MayThe new rates will be effective in Delhi from Friday till mid-May and will be rolled out to other cities in due course.
Carzonrent will not compete with Uber, Ola; to focus on corporate car rental businessThe New Delhi-based company recorded a turnover of around Rs 325 crore in FY16, said Vij, adding the company is making profits.
Carzonrent to spin off Myles into a separate unit; will look to raise $20 million for self-drive businessMyles competes with Bengaluru-based, Sequoia Capital-backed Zoomcar and US-based car rental major Avis, among others, in India.
Uber plans to launch car-pooling service in BengaluruTaxi-hailing app Uber is launching its car-pooling service in India, competing with a handful of other similar services launched since last...
Carzonrent buys startup Ridingo; aims Rs 6000 crore sales in 5 yearsThe company has decided to make investments into technology, infrastructure and people to build a safe and sustainable ecosystem.
Taxi aggregator Carzonrent buys Bengaluru-based startup Ridingo, starts ride-sharing tripWith this acquisition, Carzonrent is expecting its ride-sharing biz to be 75% of its total business in the next five years.
Long weekend drives luxe car bookingsLimousine and luxury car rentals spike up; swanky coaches also booked for family tours.
Olacabs to launch luxury car services in Delhi, BangaloreCarzonrent last week said it ordered 120 Mercedes-Benz C-Class luxury sedans as it is investing Rs 100 crore this year to further strengthe...
Indigo ties up with EAN for hotel bookingIndia's biggest domestic carrier, IndiGo, today said it has tied-up with Expedia Affiliate Network.
- E-Taxi aggregators claim better business model post Meru strike
Meru, which began operations in 2007 and is expected to earn Rs 200 crore this fiscal, has faced a number of strikes by drivers, especially...
- BTS India PE Fund buys minority pie in Carzonrent for Rs 36 cr
BTS India PE Fund (BTS), a USD 73.5-million fund providing growth capital to SMEs, has invested Rs 36 crore for a minority stake in Carzonr...
- Carzonrent plans to raise 100 crore from PE firms
Car rental company Carzonrent India is close to raising Rs 100 crore from two private equity firms, including BTS India Private Equity Fund.
- How Rajiv Vij became the Czar of rented cars in India
A Faculty of Management Studies (FMS) graduate, Rajiv started his career selling Hindustan Motors’ Ambassador cars.
- My First Million: Rajiv Vij
Rajiv Vij took his time understanding the car rental business globally before launching his own brand, Easy Cabs.
- Sequoia invests $ 7 mn in Carzonrent
Sequoia Capital India, a leading venture capital and growth equity investor, announced an investment of $ 7 bn in Carzonrent India Private ...