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Upcoming Driver Rental Platform Raising Funds In Delhi

Listing ID: SL024634
Posted By: Owner
Last Active: 1 day ago
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About Business

This venture is positioned as India’s first open driver rental platform, allowing users to hire verified drivers on an hourly basis and pay only for the time they use. Unlike traditional chauffeur or cab services, it creates a flexible marketplace where anyone with a valid driving license can register as a driver, unlocking new income opportunities and supporting employment growth.

For customers, the model reduces costs by eliminating idle driver charges while ensuring convenience and transparency. Corporate clients benefit from significant savings by avoiding full-time driver expenses. The innovative per-hour structure ensures affordability, flexibility, and scalability in urban mobility.

Unique Selling Proposition (USP):
The platform offers unmatched transparency and flexibility, enabling anyone with a valid license to join as a driver. Drivers enjoy the freedom to set their own hourly rates instead of being bound by fixed pricing, giving them greater earning control. Users can choose from a list of nearby drivers, enhancing trust and convenience. With a lower commission structure compared to competitors, the platform delivers cost savings for customers while maximizing driver income.

Current Status & Launch Plans:
- Registration as a private limited company is underway and awaiting approval.
- The driver-side application is complete, while the customer-side interface is in the final stages of development.
- Full readiness is expected within 3–4 days.
- Operations are scheduled to commence from September 1 in Delhi.

Clientele type

Primary clients are individual car owners and corporates seeking flexible, on-demand drivers.

Premises

The premises will be on lease.

Asking Price Includes

The terms of the transaction will be discussed with the potential investors.

Asking Price

INR 45.00 L

Minimum ticket size

INR 45.00 L

Reason

Funding will be used to kick-start the business operation and for the working capital requirements.

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Upcoming Driver Rental Platform Raising Funds In Delhi

₹10 to ₹200 Cr

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