Car2Drive brings subscription model to Hyd
Hyderabad: Car2Drive, a multi-brand luxury car subscription provider on Friday launched its operations in the city. Car2Drive is a franchise of...
Hyderabad: Car2Drive, a multi-brand luxury car subscription provider on Friday launched its operations in the city. Car2Drive is a franchise of Driven, an integrated self-mobility player.
The startup plans to deliver 500 vehicles in the next three years, and it looks to raise $100 million for entering other cities. Undertheir business model, Car2Drive said they will be responsible for all the damages, repairs, insurance etc.
NeelimaMandava, CEO, Car2Drive, said, "Our car subscription service makes ithassle-free for our customers to subscribe a model and move on to another.
The monthly subscriptionguarantees warranty, roadside assistance, maintenance, and insurance on a wide range of MUVs, SUVs, cross-overs, sedans, and hatchbacks."
The Bengaluru-based startup informed to have delivered vehicles worth more than Rs 10 crore, since its inception.
Mohammed Asif, MD, Car2Drive, said, "We cater to two sets of customers beingpremium, global, high net-worth jet setters who canlease and own top-end, high-value cars and aspiring car-lovers, who can experience sophisticated models ofcars on a subscription basis."
Car2Drive also announced its official tie-up with SunRisersHyderabad, the IPL franchise team from the city.