Zoomcar, a self-driving auto rental company, recently announced that they will be teaming up with Ixigo as an effort to reach more consumers for their car rentals. With this partnership with Ixigo, Zoomcar will now have access to 130 million Ixigo users and 200 million monthly visitors to their travel platform.
"Indian travelers are increasingly opting for a holistic and exclusive vacation experience making on-demand car rentals one of the biggest travel trends of the year," stated Co-Founder of Ixigo Rajnish Kumar. Zoomcar has 10,000 cars with plans to expand its fleet to 25,000 cars by the end of year. It also plans to double the demand for its services by the end of the current fiscal. Currently, Zoomcar has 4.8 million users and clocks over 3,000 rides daily.
As an incentive, Zoomcar is also offering a launch discount of 20% on bookings through Ixigo. Users can book a Zoomcar for an hour, a day, a week or even a whole month.
While the market for car rentals in India is growing, it's not quite mainstream yet.
"Such collaborations, we believe, will pave the way for the mainstreaming of alternative mobility services, ensuring that users get a seamless experience," said Greg Moran, CEO and Co-Founder of Zoomcar. Last year, Zoomcar raised $40 million through Series-C round headed by Mahindra and Mahindra Limited. Sequoia Capital, Empire Angles and Nokia Growth Partners are also a part of the investor portfolio. "We are looking at closing the Series D round by the second half of this year," Moran told CNBC TV18.
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