Savaari Car Rentals
Savaari Car Rentals is a Bangalore-based online car rental aggregator founded in 2006 that connects customers seeking intercity, outstation, and driving vacation transportation with vehicle operators across India. The founder-led, private company has raised approximately $28 million from Intel Capital and Athera Venture Partners.
- Company typePrivate
- Founded2006
- HeadquartersBangalore, India
- Headcount51–100
- GTM typeB2C
- OfferingDigital Commerce or Content
What Savaari Car Rentals does
Savaari Car Rentals Private Limited is an India-based online car rental aggregator headquartered in Bangalore, founded in 2006. The company operates a digital booking platform that connects customers seeking intercity, outstation, and driving vacation transportation with vehicle operators, positioning itself within the broader driving vacation market that third-party sources project to reach $381.4 billion by 2030 at a 15.6% CAGR. Savaari has historically expanded its market offerings through acquisitions and the introduction of new services, though the specific deal history, product modules, and operating geographies beyond its Bangalore headquarters are not documented in the available source data.
The company is founder-led, with Gourav Aggarwal serving as founder and CEO. Between 2012 and 2013, Savaari raised approximately $28 million in aggregate from institutional investors led by Intel Capital with participation from Athera Venture Partners, including a $27 million Series 2 round in October 2013. The company is privately held, employs between 51 and 100 people, and currently operates as a for-profit private entity. No app, API, proprietary technology stack, patents, certifications, or AI/ML capabilities are documented in the available sources.
The business model is consistent with a two-sided online travel aggregator: Savaari intermediates between vehicle operators/drivers and end consumers seeking rental and chartered car services, monetizing through booking commissions and service fees on completed transactions. Pricing models, commission structures, average transaction values, and customer segmentation are not disclosed. The company's revenue, GMV, and most recent operating metrics are not available in the input data, and the last disclosed institutional capital event is over a decade old, leaving a significant evidence gap around current scale and trajectory.
Savaari Car Rentals firmographics
Firmographics- Name
- Savaari Car Rentals
- Website
- https://savaari.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Savaari Car Rentals is a Bangalore-based online car rental aggregator founded in 2006 that connects customers seeking intercity, outstation, and driving vacation transportation with vehicle operators across India. The founder-led, private company has raised approximately $28 million from Intel Capital and Athera Venture Partners.
- Ownership category
- akta.pro rank
Savaari Car Rentals industry classification
Industry- Product category
- Online Car Rental Aggregation
- NAICS
- Passenger Car Rental (532111), Automotive Equipment Rental and Leasing (5321)
- SIC
- Services-Auto Rental & Leasing (No Drivers) (7510)
- akta.pro primary industry
- Local City / In-Town Car Rental (THADAAAC)
- akta.pro secondary industry
- Long-Term Car Rental (Monthly/Extended Hire) (TLABAAAD)
Keywords
Where Savaari Car Rentals is headquartered
LocationHeadquarters
- HQ city
- Bangalore
- HQ country
- India
- HQ region
- Asia
Markets served
Savaari Car Rentals business model
Business model- GTM type
- B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Operations, Marketing or Sales, Technology or R&D, Personnel
Savaari Car Rentals product offering
Product offeringCore offering
Savaari Car Rentals is an online car rental aggregator that enables customers to book cars for travel and driving vacations. The platform connects users with car rental providers across multiple markets, offering vehicles for personal, intercity, and outstation travel. The company operates as a digital marketplace within the broader driving vacation market, which is projected to reach $381.4 billion by 2030.
Product overview
Savaari Car Rentals operates as a car rental service within the driving vacation market. The company is expanding its offerings through acquisitions and new services. The primary product is the core Savaari Car Rentals car rental service, which provides vehicles for driving vacations and travel purposes. No modular product architecture or distinct sub-products are specified in the available source data.
Differentiator
Problem solved
Functional benefit
Products and services
- Savaari Car Rentals A car rental service offering driving vacation solutions, aggregating multiple car rental providers to offer vehicles for personal and travel purposes.
Companies that use Savaari Car Rentals
Customer profileIdeal customer profiles1 record
Savaari Car Rentals technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Savaari Car Rentals partnerships and signals
Strategic signalScale indicators1 record
Recent moves4 records
Expansion highlights4 records
Savaari Car Rentals competitors and assessment
Company assessmentDirect peers
- Uber India: Global ride-hailing giant operating in India with rentals and intercity products; competes with Savaari for intercity and outstation car rental bookings in the Indian market.
- Ola Cabs: India's largest ride-hailing and mobility aggregator; offers outstation and rental car services that directly overlap with Savaari's car rental aggregator proposition, competing for the same Indian consumer travel use cases.
- Zoomcar: India-focused self-drive car rental platform; competes directly for leisure and outstation driving rentals in the same customer segment Savaari serves.
- Revv: Indian self-drive and subscription car rental service; directly comparable product offering for intercity and outstation car rental customers in India.
- Carzonrent: Established Indian car rental company offering chauffeur-driven and self-drive options across cities; competes with Savaari across both corporate and leisure car rental demand.
Others
- CleverTap (no; replaced with Akbar Travels/Skyscanner affiliate): Indian travel services platform that bundles car rental bookings alongside flights and hotels; an ecosystem participant that competes for travel wallet share and could substitute for Savaari within integrated travel packages.
Emerging players
- Myles (by CarDekho Group): Subscription and self-drive car rental platform in India; targets similar urban and intercity mobility use cases with a comparable tech-enabled booking model.
- Drivezy (formerly JustRide): Peer-to-peer and fleet-based vehicle rental platform in India; overlaps with Savaari on self-drive and intercity car rentals with an aggregator-style supply model.
Broad incumbents
- Avis India: Global car rental brand with Indian operations; offers similar airport and city car rental services with broader brand reach and corporate contracts, partially overlapping with Savaari's offerings.
- Hertz India: International car rental incumbent operating in India; competes in airport and city rental segments that overlap with Savaari's customer base, especially for inbound business travelers.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Savaari Car Rentals social profiles
Digital presenceSavaari Car Rentals financial estimates
Financial estimateRevenue estimate
Valuation estimate
Savaari Car Rentals leadership team
Management profileNumber of profiles
Profiles1 record
Savaari Car Rentals funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Savaari Car Rentals M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Savaari Car Rentals
What does Savaari Car Rentals do?
Savaari Car Rentals is an online car rental aggregator that enables customers to book cars for travel and driving vacations. The platform connects users with car rental providers across multiple markets, offering vehicles for personal, intercity, and outstation travel. The company operates as a digital marketplace within the broader driving vacation market, which is projected to reach $381.4 billion by 2030.
Is Savaari Car Rentals a public or private company?
Savaari Car Rentals is a private company. It is classified as venture growth investor backed and is currently operating.
When was Savaari Car Rentals founded?
Savaari Car Rentals was founded in 2006. It employs 51 to 100 people.
Where is Savaari Car Rentals based?
Savaari Car Rentals is headquartered in Bangalore, India, in the Asia region.
Who are Savaari Car Rentals's main competitors?
Direct peers on record are Uber India, Ola Cabs, Zoomcar, Revv and Carzonrent. CleverTap (no; replaced with Akbar Travels/Skyscanner affiliate) is listed as an others. Emerging players are Myles (by CarDekho Group) and Drivezy (formerly JustRide). Broad incumbents are Avis India and Hertz India.
Does Savaari Car Rentals have an API?
No public API is recorded for Savaari Car Rentals.
What industry is Savaari Car Rentals in?
Savaari Car Rentals's product category is Online Car Rental Aggregation. Its primary akta.pro industry code is THADAAAC, Local City / In-Town Car Rental, with a secondary code of TLABAAAD, Long-Term Car Rental (Monthly/Extended Hire). Its NAICS code is 532111 and its SIC code is 7510.