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Savaari (company)

Savaari (company)

Savaari is an online car rental service provider based in Bangalore, India. It claims to operate in 60 cities across the country with services for retail and corporate customers.

Savaari is an online car rental service provider based in Bangalore, India. It claims to operate in 60 cities across the country with services for retail and corporate customers.

History

Savaari was founded in August 2006 by Gaurav Aggarwal. Aggarwal has previously worked with Cisco Systems and Tata Consultancy Services. The company started with services for airport pick-up and drop with focus on outstation trips and local bookings.



As of 2014, the company claims to have completed 150,000 transactions moving from corporate to retail customers.

Funding

Series A

In April 2012, Savaari raised Series A funding of USD 1 million from Inventus Capital Partners.

Series B

In October 2013, the company raised Series B funding of an undisclosed amount from Intel Capital, a venture capital firm owned by Intel Corporation.

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