Savaari Car Rentals raises Series B funding from Intel Capital

Editor - CoolAvenues | October 24,2013 10:02 am IST

Savaari Car rentals started in 2006 by Gaurav Aggarwal, Manik Shah, Mohit Khanna and Rahul Khanna is a car rental aggregator..

Savaari Car rentals had raised Series A funding of Rs. 5 crores in March 2012 from Inventus Venture Partners. Intel Capital has invested an undisclosed amount in the Series B funding.
 

The company owns the front end which helps in booking, routing, tracking and logistics. At the backend the company has tied up with taxi operators for providing with cars. The company has launched its services in 60 cities across India.
 

The company targets both corporate and retail users as well as online travel agents for local half-day/ full day trips, multiple day tours. The company uses technology extensively to keep the operating cost low and pass on the savings to customers. 

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 Editor @ CoolAvenues.com...