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Savaari Car Rentals

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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

Saki Naka, IndiaFounded 2006Transportation
Valuation $100–250M Last recorded · 2013
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
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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.

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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.

Source: Dealroom company data

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

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Nov 2023 $0 — MakeMyTrip ↗
SERIES B✓Equity / VC Oct 2013 $27M $108M Inventus Capital Partners · Intel Capital —
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024 —
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Growth signals

Savaari Car Rentals website traffic

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.

Latest monthly visits600K 3-month web change0% 1-year team growth+9.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

Other known investors2 additional known investors

  • MakeMyTrip
  • Intel Corporation
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇮🇳 India99%
1 country shown

Market sentiment

Posts on X, past 7 days

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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