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SAVAARI CAR RENTALS
Easy Trip loses booking war with MakeMyTrip in key holiday quarterIndia's travel industry is thriving, with demand for air, road and rail travel as well as for hotels booming fuelled by rising disposable i...
MakeMyTrip completes Savaari transaction, acquires controlling stake in cab rental companyRajesh Magow, co-founder and group CEO of MakeMyTrip said the inter-city cab service remains largely offline, with low online penetration, ...
MakeMyTrip clocks profit of $2 million in Q2FY24, to acquire Savaari Car RentalsMakeMyTrip, a Nasdaq-listed company, has agreed to acquire a majority stake in Savaari Car Rentals Private Limited, a provider of inter-cit...
Small cab companies gain big on intercity business travelAmong investor-backed players, Bengaluru-based Savaari Car Rentals is one of the largest it has operations in 60 cities across the country.
Ola, Uber adopting a surge pricing policy to manage rush hour demandDrivers using the Uber platform love surge pricing, with at least five of them saying they were motivated to log in during rush hours.
How startups like Meru, Uber, Olacabs, TaxiForSure have transformed lives of taxi driversAcross major cities, a silent revolution is brewing among taxi drivers who are gaining from the advent of a new breed of startups.
Olacabs to secure investment from Hong Kong-based hedge fund Steadview CapitalThe deal marks rising investor interest in the fast-growing taxi services market, where nearly half a dozen startups are battling for prima...
Bookmycab in talks with VC Firms to raise up to Rs 40 croreThe company is in talks to raise equity-linked funding of up to Rs 40 crore, and expects to close a potential transaction by April later th...
Cab startups look at tech to keep tab runningA new breed of transportation startups is using technology to disrupt a highly fragmented taxi service market in India, which has so far be...
Ola Cabs raises second round of fundingThe Mumbai-based company is among a handful of online taxi aggregators that have launched operations in recent years.
TaxiForSure launches Chennai operationsBangalore-based Serendipity Infolabs that runs online taxi rental company TaxiForSure has launched its operations in Chennai.
Savaari Car Rentals raises Series B funding from Intel CapitalSavaari Car Rentals has existing investors such as Inventus Capital, which had funded the Bangalore company with series-A capital of $1 mil...
Intel Capital invests $65 mn in 16 startupsIntel Corporation's venture capital investment arm has announced an investment of $65 million across 16 technology startups, including two ...
Intel invests $65 million in tech firmsThe US-based firm's global investment and M&A arm, Intel Capital, has invested in firms that are working on innovations in the domain of cl...
- Savaari Rentals raises Series B funding from Intel Capital
Intel Corporation owned Venture Capital firm Intel Capital invested this week an undisclosed amount in Bangalore based Savaari Car Rentals.
Intel Capital to invest in Savaari CabsIntel Corporation owned Venture Capital firm Intel Capital invested this week an undisclosed amount in Bangalore based Savaari Car Rentals.
- 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...
- Bookmycab.com gets funding from YourNest Angel Fund, Mumbai Angels
Domestic venture capital fund, YourNest Angel Fund and city-based angel network Mumbai Angels, have jointly invested between Rs 3 crore to ...
Power of Ideas 2012: Car rental start-up Savaari.com creating vendor network across IndiaSavaari.com, started by Aggarwal and three co-founders, is an online car rental company that currently services 60 cities across the countr...
- Online kitchen ItsMyMeal gets $10 million from angel investors
ItsMyMeal provides customised basic daily home-cooked meals to a growing number of Indians who have no time to cook.