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Carzonrent
Carzonrent India Private Limited (CIPL), better known as Carzonrent is an Indian car-rental company. The company is headquartered in New Delhi, India. Carzonrent was founded by Rajiv Kumar Vij in 2000. In 2001, Carzonrent won the exclusive franchisee rights for the American car rental firm Hertz International in India. History Carzonrent was founded by Rajiv Kumar Vij in the year 2000 in New Delhi. The company offered chauffeur driven cars on hire, primarily to corporate clients. Hertz awarded the exclusive franchisee rights for India to Carzonrent in 2001, leasing out 50 cars to the company which were plied chauffeur driven basis. In 2005, Hertz scaled its presence to 750 cars and commenced leasing services to corporate clients. In 2006, Carzonrent launched its radio taxi service EasyCabs in the New Delhi, making it the first Indian company to offer car leasing and taxi services. The company commenced self-drive car rental service Myles in late 2013, almost one year after Zoo ...
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MylesCar
Myles (est. in 2013) is a self-drive car sharing company in India owned by Carzonrent in Delhi, India. History Myles was launched in November 2013 by Sakshi Vij of Carzonrent. She began her career in 2007, when she joined 'Myles’ parent company, Carzonrent India Private Limited (CIPL), as a part of the marketing team. In January 2019, MG Motor India MG Motor India Private Limited is an automobile manufacturer in India, a subsidiary of Chinese automotive manufacturer SAIC Motor which markets vehicles under the British MG marque. The subsidiary was setup in the year 2017 and began its sales ... announced a strategic partnership with Myles. In October 2020, Toyota Motors India, and in August 2020, Maruti Suzuki India tied up with Myles to offer their cars on subscription. Services In March 2016, the firm ran more than 1,000 cars across 23 cities in India. References Further reading * Toyota website – https://www.toyotabharat.com/news/2020/tkm-joins-hands-with- ...
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Zoomcar
Zoomcar is an Indian car sharing platform, headquartered in Bangalore. The company was founded in 2013 by David Back and Greg Moran. It currently operates in 34+ cities. History American duo David Back & Greg Moran, met while studying at the University of Pennsylvania, where both graduated in 2007. After graduating, Back studied at Harvard Law School and Moran worked on energy financing projects. The pair also attended business school; Moran at the University of Southern California and Back at the Judge Business School at Cambridge University. Back and Moran both dropped out of business school to move to India and pursue a venture in car rentals. In May 2015, Back resigned from the self-drive car rental company, and decided to move back to the US citing personal reasons. Zoom officially launched operations in Bangalore in February 2013 using JustShareIt platform. Zoom started with $215,000 in capital and a fleet of seven cars. Investors and Valuation Zoom initially rai ...
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Car Rental
A car rental, hire car or car hire agency is a company that rents automobiles for short periods of time to the public, generally ranging from a few hours to a few weeks. It is often organized with numerous local branches (which allow a user to return a vehicle to a different location), and primarily located near airports or busy city areas and often complemented by a website allowing online reservations. Car rental agencies primarily serve people who require a temporary vehicle, for example, those who do not own their own car, travelers who are out of town, or owners of damaged or destroyed vehicles who are awaiting repair or insurance compensation. Car rental agencies may also serve the self-moving industry needs, by renting vans or trucks, and in certain markets, other types of vehicles such as motorcycles or scooters may also be offered. Alongside the basic rental of a vehicle, car rental agencies typically also offer extra products such as insurance, global positioning s ...
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New Delhi
New Delhi (, , ''Naī Dillī'') is the capital of India and a part of the National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati Bhavan, Parliament House, and the Supreme Court of India. New Delhi is a municipality within the NCT, administered by the NDMC, which covers mostly Lutyens' Delhi and a few adjacent areas. The municipal area is part of a larger administrative district, the New Delhi district. Although colloquially ''Delhi'' and ''New Delhi'' are used interchangeably to refer to the National Capital Territory of Delhi, both are distinct entities, with both the municipality and the New Delhi district forming a relatively small part of the megacity of Delhi. The National Capital Region is a much larger entity comprising the entire NCT along with adjoining districts in neighbouring states, including Ghaziabad, Noida, Gurgaon and Faridabad. The foundation stone of New Delhi was l ...
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India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations average to between 73–55 ka.", "Modern human beings—''Homo sapiens''—originated in Africa. Then, int ...
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The Hertz Corporation
The Hertz Corporation is an American car rental company based in Estero, Florida. The company operates its namesake Hertz brand, along with the brands Dollar Rent A Car, Firefly Car Rental and Thrifty Car Rental. It is one of the three big rental car holding companies in the United States, holding a 36% market share, placing it ahead of both Enterprise Holdings and the Avis Budget Group. As one of the largest worldwide vehicle rental companies by sales, locations, and fleet size, Hertz operates in 160 countries in North America, Europe, Latin America, Africa, Asia, Australia, the Caribbean, the Middle East and New Zealand. Hertz was ranked 326th in the 2020 ''Fortune'' 500 list. The company filed for bankruptcy on May 22, 2020, citing a sharp decline in revenue and future bookings caused by the COVID-19 pandemic. As of December 31, 2021, the company had revenues of $7.3 billion, assets of $19.7 billion, and 23,000 employees. As of July 1, 2021, the company is no longer in Chapt ...
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Indian Railway Catering And Tourism Corporation
Indian Railway Catering and Tourism Corporation (IRCTC) is an Indian public sector undertaking that provides ticketing, catering, and tourism services for the Indian Railways. It was initially wholly owned by the Government of India and operated under the administrative control of the Ministry of Railways, but has been listed on the National Stock Exchange since 2019, with the Government continuing to hold majority ownership. Establishment and ownership The IRCTC was established on 27 September 1999, as a public sector undertaking completely owned by the Government of India through the Indian Railways. It is the only entity that is authorised to provide certain services to the Indian Railways, including online ticketing, catering, and selling drinking water on trains and at railway stations. In May 2008, it was classed as a Miniratna public corporation, which allowed it a certain degree of financial autonomy. The IRCTC was listed on the National Stock Exchange in 2019, foll ...
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IRCTC
Indian Railway Catering and Tourism Corporation (IRCTC) is an Indian public sector undertaking that provides ticketing, catering, and tourism services for the Indian Railways. It was initially wholly owned by the Government of India and operated under the administrative control of the Ministry of Railways, but has been listed on the National Stock Exchange since 2019, with the Government continuing to hold majority ownership. Establishment and ownership The IRCTC was established on 27 September 1999, as a public sector undertaking completely owned by the Government of India through the Indian Railways. It is the only entity that is authorised to provide certain services to the Indian Railways, including online ticketing, catering, and selling drinking water on trains and at railway stations. In May 2008, it was classed as a Miniratna public corporation, which allowed it a certain degree of financial autonomy. The IRCTC was listed on the National Stock Exchange in 2019, foll ...
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Ola Cabs
Ola Cabs (stylized as OLΛ) is an Indian multinational ridesharing company, headquartered in Bangalore. It also operates in other business verticals including financial services and cloud kitchens. A variety of venture capitalists including Softbank have large stakes in the company. In January 2018, Ola extended into its first overseas market, Australia, and launched in New Zealand in September 2018. In March 2019, Ola began its operations in the UK. History In March 2015, Ola Cabs acquired Bangalore-based taxi service TaxiForSure for approximately . June 2015 onwards, Ola users gained access to TFS cabs via the Ola mobile application. Later in the year in November, Ola further acquired Geotagg, a trip-planning applications company, for an undisclosed sum. In a move to expand beyond cab aggregation, Ola acquired struggling foodtech company Foodpanda India with an eye on leveraging the growing food delivery segment business in December 2017. In April 2018, Ola made its second ...
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Uber
Uber Technologies, Inc. (Uber), based in San Francisco, provides mobility as a service, ride-hailing (allowing users to book a car and driver to transport them in a way similar to a taxi), food delivery (Uber Eats and Postmates), package delivery, couriers, and freight transportation. Via partnerships with other operators such as Thames Clippers (boats) and Lime (electric bicycles and motorized scooters), users are also able to book other modes of transport through the Uber platform in some locations. Uber sets fares, which vary using a dynamic pricing model based on local supply and demand at the time of the booking and are quoted to the customer in advance, and receives a commission from each booking. It had operations in approximately 72 countries and 10,500 cities as of December 31, 2021. Uber offers many different types of ride options. UberX is the most popular and the standard service of the company. UberXL, Uber Comfort, and Uber Black are other options offered ...
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Meru Cabs
Meru Cabs is an Indian taxi-hailing company. Founded by Neeraj Gupta in 2006, the company is headquartered in Mumbai. Since 2019, the company has been owned by Mahindra Group. Meru provides mobility services to individuals as well as business houses across India. Currently, Meru provides app-based transportation services like city rides, city rentals, airport transfers, and outstation travel, etc to individuals as well as corporate houses in 24 cities across India. History Neeraj Gupta founded the V-Link Group in 2000. Started as a staff transportation business, V-Link Fleet Solutions expanded its business and provided services to clients in the BPO sector. In a duration of 4 years, V-Link expanded to a fleet of 1300 vehicles. In August 2006, Maharashtra government invited tenders for running a fleet of 10,000 taxis in Mumbai in an attempt to replace the already existing black-yellow cabs (Kaali-peeli taxis). It was during this time that V-Link collaborated with venture cap ...
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