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Corporate Car Rental and Employee Transportation Services Company with USD 7.3 million EBITDA

February 8, 2018

The Company provides a range of ground transportation solutions including corporate car rentals (‘CCR’), employee transportation services (‘ETS’), hotel travel-desk services, services to travel management companies and events & tour operators, B2C retail intra/ inter-city transportation and self-drive services. The Company has a fleet of 4,000+ vehicles (~95% aggregated) with presence in 60+ cities in India. It also has a global presence in 45 countries through its affiliates.

Serving over 800 clients, the Company serves a marquee clientele consisting of multinational companies, diplomatic officials and offices of Indian and foreign government authorities. The clients include Amazon, Facebook, Microsoft, Amex, EY, Mercer Consulting, Taj Group of Hotels, Hilton Resorts among others. The Company has long-term relationships with most of its key clients and boasts of a client retention rate of 90%+. It provides specialized training to ensure chauffeurs adhere to its high service standards.

The Company uses its own cloud based, end-to-end enterprise tool for handling client bookings which helps it to manage logistics for seamless operations. Also, it has recently launched a mobile application to enable its corporate users to book the cabs online and drivers to accept and execute the trips.