About Car2Drive
Car2Drive is a Transportation, Automotive & Logistics company based in India founded in 1995. Car rental and subscription services in India. Its Indian entity Car2drive India Private Limited reported revenue of ₹2.47 Cr. Car2Drive offers products and services including Luxury Car Rental and Car Subscription. Its focus areas include Transportation, Vehicle Rental, Luxury Car Rental and Car Subscription Services.
Company details
Car2Drive is identified as the first retail multi-brand car subscription service in India, where low-contact rental experiences are facilitated through digital processes that extend the booking system. A fleet of luxury and premium cars, including models from BMW and Mercedes, is made available across over 150 locations in 10 cities to serve diverse customer needs, from quick errands to vacations. Partnerships with drivers and other entities are utilized, and services such as self-drive and chauffeur options are provided to meet expectations. Operations are supported 247 in locations like Hyderabad and Bangalore, ensuring accessibility for all users.
- Headquarters India
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website car2drive.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Car2drive India Pvt Ltd
- Date of Incorporation 26 Feb, 2019
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹2.47 Cr
FY 2024 · +9% YoY
- Net Profit₹20.4 Lakh
FY 2024 · 8% margin
- EBITDA₹1.32 Cr
FY 2024 · 54% margin
Associated legal entities of Car2Drive
Car2Drive operates through Car2drive India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Car2drive India Private Limited CIN U50100TG2019PTC130933 | Active | 26 Feb 2019 | Hyderabad, Telangana | ₹2.5 Cr | 3 | View details |
Products & Services of Car2Drive
Car2Drive offers a comprehensive portfolio of products and services, including Luxury Car Rental and Car Subscription.
Rental of luxury cars is facilitated for self-drive and chauffeur options across various cities.
Subscription-based car hiring is enabled as a multi-brand retail service for extended use by customers.
Apps and channels of Car2Drive
its YouTube channel Car2drive india (car2drive) has 23 subscribers and 2 videos.
Videos from Car2Drive
The most watched videos on Car2Drive's YouTube channel, Car2drive india (car2drive) (23 subscribers). Click a video to play it here.
More on Car2drive india (car2drive).
Board of directors of Car2drive India Private Limited (Car2Drive)
Car2drive India Private Limited is the primary company behind Car2Drive. The board of Car2drive India Private Limited currently have 3 directors; the longest-serving is Mohammed Asif, appointed in 2019. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohammed Asif DIN 02905609 | Director | 26 Feb 2019 | 7 yrs 8 mo | Car2drive India Private Limited |
| Jumana Parveen DIN 09105525 | Director | 18 Mar 2021 | 5 yrs 7 mo | Car2drive India Private Limited |
| Abid Mohammed DIN 08446522 | Director | 18 Mar 2021 | 5 yrs 7 mo | Car2drive India Private Limited |
Financials of Car2Drive
Figures of Car2drive India Private Limited, the primary company behind Car2Drive, for FY 2024. Revenue was ₹2.47 Cr (+9% year on year). Net profit was ₹20.4 Lakh (8% margin). EBITDA was ₹1.32 Cr (54% margin). Revenue has grown at a compounded annual rate of +9% over three years.
- ₹2.47 CrRevenue · FY 2024 · +9% YoY
- ₹20.4 LakhNet profit · 8% margin
- ₹1.32 CrEBITDA · 54% margin
- ₹10 LakhPaid-up capital
- +9%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Car2drive India Private Limited are on its company page.
Detailed financial statements for Car2Drive
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Top companies in Car Rentals
3 companies that operate in the same segment as Car2Drive (Car Rentals) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Car rental and transportation services are provided for diverse needs. | 1996 | Delhi, Delhi, India | USD 86.12 M | 996 | ||
Offers self-drive car rentals across South India with doorstep delivery and subscriptions. | 2018 | Ernakulam, Kerala, India | USD 404.85 M | 1,587 | ||
Car rental and mobility services for corporate and personal needs in India and internationally. | 1996 | Delhi, Delhi, India |
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Frequently Asked Questions about Car2Drive
Car2Drive was founded in 1995.
Car2Drive is headquartered in India.
The primary company behind Car2Drive, Car2drive India Private Limited, reported revenue of ₹2.47 Cr for FY 2024, up 9% year on year.
Car2Drive is identified as the first retail multi-brand car subscription service in India, where low-contact rental experiences are facilitated through digital processes that extend the booking system. A fleet of luxury and premium cars, including models from BMW and Mercedes, is made available across over 150 locations in 10 cities to serve diverse customer needs, from quick errands to vacations. Partnerships with drivers and other entities are utilized, and services such as self-drive and chauffeur options are provided to meet expectations. Operations are supported 247 in locations like Hyderabad and Bangalore, ensuring accessibility for all users.
Car2Drive offers Luxury Car Rental and Car Subscription.
Car2Drive operates through Car2drive India Private Limited.
The legal entities of Car2Drive currently have 3 directors, including Jumana Parveen, Mohammed Asif, Abid Mohammed.