Voler Cars launches rental services in Bengaluru

Will soon introduce fleet in Hyderabad, Pune, Chennai

Bengaluru, June 16



Kolkata-based urban transport solutions provider Voler Cars launched its ‘Self Drive Car Rental’ services in Bengaluru on Thursday. Its fleet of 100 cars, ranging from mini-hatchbacks to luxury cars, is available for rentals starting at ₹30/hour for Tata Nano. Voler’s proposition of unlimited kilometres and fixed pricing has garnered over 15,000 customers in Delhi where it was first launched last September, with 50 per cent of the bookings coming from its mobile apps.

Competition

Cars can be rented by the hour, day, week or month. Voler will be competing for the consumer wallet-share with well-entrenched players such as Zoomcar and Myles, which have established a pan-metro presence and have been in the city for over two years.

“The self-drive car rental market is growing at a CAGR of 88 per cent and is all set to scale the $1.25-billion mark by 2020. After introducing a fleet of 100 self-drive cars, first in Delhi and now in Bengaluru, we will close this financial year with a fleet of 1,000 vehicles overall, including launches in Hyderabad, Pune and Chennai over the next few months,” said Vikas Parasrampuria, founder and CEO.

He said the company just closed its first round of funding to fuel its expansion pan-India, but declined to disclose the details.

Parasrampuria said the urban trend to make short overnight weekend trips, as well as the need for affordable inter-city travel options, will fuel demand for self drive-cars in metros. He said the US has 2 million self-drive cars on its streets, China has 2,00,000 and India has just 3,000-4,000 cars, presenting a huge opportunity for growth.

Voler’s operating model enables it to connect all parts of the city, allowing delivery and pickup services at the customer’s doorstep. “Customers must upload their licence details the first time. We charge a ₹5,000 refundable deposit at the time of booking and deliver the car with a full tank of petrol, which must be returned too with a full tank. Weekend charges are higher with a minimum billing period of six hours.”

Published on June 16, 2016

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