S
Savaari Car Rentals
India's first Online Car Rental Company, Covered 1 Cr KMs since 2006, and did 10 Lac Trips. Headquartered in Bangalore. Call 1800 108 8100
About Savaari Car Rentals
Savaari Car Rentals is a chauffeur-driven car rental aggregator in India, founded in 2006 by Gaurav Aggarwal, Manik Shah, Mohit Khanna, and Rahul Khanna. The idea for the company originated from founder Gaurav Aggarwal's personal experience in 2004 when he struggled to find a reliable cab service for an intercity trip from Delhi to Roorkee. At the time, Aggarwal was working as a software engineer for Cisco in the US, and his background in computer science from Georgia Tech proved instrumental in designing the company's scalable backend technology from the ground up. He started the venture with an initial investment of Rs 55,000, moonlighting for five years while his co-founders managed the full-time operations in India before he moved back in 2011 to lead the company.
Read full description
The company operates on an asset-light, aggregator business model, connecting customers with a network of verified local cab operators and driver-cum-owners. This allows Savaari to maintain a large, flexible fleet without owning the vehicles, focusing instead on technology, quality control, and customer service. Its primary revenue comes from a commission on each booking made through its platform. Savaari targets the largely unorganized intercity and local rental market, serving retail customers, corporate clients, and online travel agents. In October 2023, the online travel company MakeMyTrip acquired a majority stake in Savaari, although Savaari continues to operate as an independent entity under its existing leadership.
Savaari provides a range of chauffeur-driven services across more than 2,000 cities in India. Its core offerings include outstation round trips, one-way intercity drops, local hourly rentals, and airport transfers. The company differentiates itself by focusing on the intercity road-trip experience, in contrast to competitors primarily focused on intra-city travel. Features designed to enhance the travel experience include pet-friendly cabs, drivers who can serve as local guides, support for multiple languages, and vehicles equipped with luggage carriers. The service emphasizes safety and reliability, with well-trained chauffeurs and a 24/7 customer support system. Over the years, the company has expanded its offerings to include premium services and CNG cab options in select cities.
At a glance
- Status
- Acquired
- Founded
- 2006
- Headquarters
- Saki Naka, India
- Employees
- 237
- Open positions
- None listed
- Dealroom signal
- 76.8/100
- Industry
- Travel
- Sub-industry
- Search, Buy & Rent
- Sector
- Transportation, Automotive, Accounting, Public Transportation, Navigation, Travel, Messaging, Printing, Mapping, Sharing Economy, Invoicing, Renting
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Nov 2023 | $0 | — | MakeMyTrip | ↗ |
| SERIES B✓Equity / VC | Oct 2013 | $27M | $108M | Inventus Capital Partners · Intel Capital | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Savaari Car Rentals is 600K monthly website visits, up 0% over the last three months. Savaari Car Rentals's team grew 9.2% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Intel Capital
Inventus Capital Partners
Other known investors2 additional known investors
MakeMyTrip
Intel Corporation
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Savaari Car Rentals on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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