Carzonrent

Delhi, India Founded: 2000 • Age: 26 yrs Minicorn
Car rental services are facilitated via an online booking platform.

About Carzonrent

Carzonrent is a Travel & Hospitality company based in Delhi (India) founded in 2000. Car rental services are facilitated via an online booking platform. It operates in the Travel & Hospitality and Transportation, Automotive & Logistics sectors. The company has 279 employees. Carzonrent has completed 2 acquisitions, including Qcabs and Ridingo. Carzonrent was last valued at $77.95 million in January 2011. Its chief executive, as recorded, is Yogender Verma. Its website carzonrent.com draws about 18 thousand monthly visits. Its Indian entity Carzonrent (India) Private Limited reported revenue of β‚Ή133 Cr. Its focus areas include Consumer, Online Travel, Transportation and Car. Its competitors include Revv, Long Drive Cars and Drivezy; 2 of its 3 listed competitors have raised funding.

Company details

Carzonrent was founded in 2000 in Delhi, India, as an online platform in the automotive rental sector. Access to various vehicles is provided for short-term and long-term hires. Operations are managed digitally, encompassing booking, pickup scheduling, and return processes. Services are targeted at users seeking convenient vehicle rentals within India.

  • Headquarters Delhi, India
  • Employees 279
  • Stage Minicorn
  • Sectors
    Travel & Hospitality
    Transportation, Automotive & Logistics
  • Website category Travel and Tourism · Car Rentals
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website carzonrent.com
  • Social LinkedIn X Facebook
  • Legal Name Carzonrent (India) Private Limited
  • Date of Incorporation 18 Sep, 2000
  • Jurisdiction Delhi, India
Key Metrics
  • Annual Revenue
    ₹133 Cr

    FY 2025 · +15% YoY

  • Net Profit
    ₹1.56 Cr

    FY 2025 · 1% margin

  • EBITDA
    ₹3.53 Cr

    FY 2025 · 3% margin

  • Latest Funding Round
    $7.82M (USD), Unspecified

    Jan 2011

  • Investors
  • Employee Count
    279
  • Investments & Acquisitions
    Qcabs

    & 1 more

Apps and channels of Carzonrent

Carzonrent publishes 1 mobile app with over 50K+ downloads.

Carzonrent
Google Play Maps & Navigation Everyone Free 50K+ downloads
Developer: Carzonrent India Pvt. LTD.
View on Google Play

Funding Insights of Carzonrent

  • Total Rounds 3
  • Last Round Unspecified β€” $7.82M
  • First Round $2.22M

    (Nov 2004)

  • Investors Count 4

All 3 funding rounds of Carzonrent with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2011$7.82MUnspecified$77.95MBTS Investment Advisors, EQ India Advisors
–
Oct 2006$7MUnspecified–Sequoia Capital
–
Nov 2004$2.22MUnspecified$30.92MSIDBI Venture Capital
–
Valuation history
DateValuationStage
Jan 2011$77.95Mβ€’β€’β€’β€’β€’β€’β€’β€’
Nov 2004$30.92Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $77.95M (Jan 2011). 4 investors in total: 4 institutional.

Investors in Carzonrent

Carzonrent has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include SIDBI Venture Capital, EQ India Advisors and BTS Investment Advisors.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Multi-stage sector-agnostic VC firm investing in geographies such as India
2002btsadvisors.comMumbai, India
Investment advisory services are offered in sectors like agriculture, healthcare, and infrastructure.
1997eqindiaadvisors.comMumbai, India
Sequoia Capital is engaged in venture capital investments.
1972sequoiacap.com
Venture capital management for SMEs and startups in India.
1999sidbiventure.co.inMumbai, India
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Investor details for Carzonrent

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Board of directors of Carzonrent (India) Private Limited (Carzonrent)

Carzonrent (India) Private Limited is the primary company behind Carzonrent. The board of Carzonrent (India) Private Limited currently have 2 directors; the longest-serving is Rajiv Kumar Vij, appointed in 2000. 21 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rajiv Kumar Vij
DIN 00410246
Director18 Sep 200026 yrs 1 moCarzonrent (India) Private Limited
Sakshi Vij
DIN 03494842
Managing Director28 Jun 20197 yrs 4 moCarzonrent (India) Private Limited

People of Carzonrent

16 people are tracked at Carzonrent (6 in leadership, 10 in team); the tracked headcount is 279.

NameRoleGroup
Yogender Verma
Co-CEOLeadership
Jaishree Vij
Leadership
Managing DirectorLeadership
Partha Sarathi Banerjee
General Manager - Operation ( Car Rental & Car Leasing )Leadership
Imran Rasheed
Chief Revenue OfficerLeadership
Akash Tandon
Head Of MarketingLeadership
Lohitha Bv
VendorTeam
Aamir Khan
Operations ManagerTeam
Aman Budhiraja
Freelance VideographerTeam
Deepak Kumar Sharma
Software DeveloperTeam
Tanweer Ansari
Assistant Manager - Operations ( Reservation )Team
Yogesh Kumar
Operations ManagerTeam
Sunil Chauhan
Manager Business Development| Hadding End To End Employee Transportation Operations (ets)(pan India)Team
Ashish Sharma
Carzonrent - ReservationTeam
Ripan Rana
IT ManagerTeam
Shashi Kumar Reddy
Business Development ManagerTeam
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Financials of Carzonrent

Figures of Carzonrent (India) Private Limited, the primary company behind Carzonrent, for FY 2025. Revenue was ₹133 Cr (+15% year on year). Net profit was ₹1.56 Cr (1% margin). EBITDA was ₹3.53 Cr (3% margin). Revenue has grown at a compounded annual rate of +30% over three years and -1% over five years.

  • ₹133 CrRevenue · FY 2025 · +15% YoY
  • ₹1.56 CrNet profit · 1% margin
  • ₹3.53 CrEBITDA · 3% margin
  • ₹10.06 CrPaid-up capital
  • 279Employees (provident fund records)
  • +30%Revenue CAGR, 3 years
  • -1%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Carzonrent (India) Private Limited are on its company page.

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Detailed financial statements for Carzonrent

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Investments & Acquisitions by Carzonrent

Carzonrent has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Qcabs and Ridingo.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Ride-sharing is facilitated via a prepaid points-based mobile platform.
ridingo.comBengaluru, India2013Apr 2015β€’β€’β€’β€’
Online cab rides are booked via Qcabs aggregator platform.
qcabs.comGurugram, India2011May 2012β€’β€’β€’β€’
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Timeline of Carzonrent

6 dated milestones of Carzonrent across 15 years, from founding to its latest funding, stage changes and deals.

  1. Founded Carzonrent is founded.
  2. Funding First funding round of $2.2M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Unspecified, of $7.8M.
  5. Acquisition Acquires Qcabs.
  6. Acquisition Acquires Ridingo.

Competitors of Carzonrent

Carzonrent has 3 listed competitors in our database, 2 of them funded. They include Revv, Long Drive Cars and Drivezy.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
revv.co.in2015Bengaluru, India$38.23M200
Cars are rented online via a user-friendly platform.
longdrivecars.com2016Hyderabad, India
Provides self-drive car rentals with unlimited kilometers and no deposit services.
drivezy.com2015Bengaluru, India$39.05M5
Car rentals are booked through an online platform by Drivezy.
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Detailed competitors of Carzonrent

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Web traffic of Carzonrent

The website of Carzonrent (carzonrent.com) receives about 17.6K visits a month and ranks #2,401,548 among all websites worldwide, #1,402 in Car Rentals.

  • Monthly visits
    17.6K

    ▲ 86% vs previous month

  • Unique visitors
    4.7K

    per month

  • Global rank
    #2,401,548

    among all websites

  • Category rank
    #1,402

    Travel and Tourism · Car Rentals

Similar websites

Websites whose visitors overlap most with Carzonrent. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
avis.co.in
100%
#500,288View details
ecorentacar.com
95%
14K#1,475,245View details
mylescars.com
mylescars.com
75%
#848,831–
savaari.com
74%
687.7K#54,678View details
easycabs.com
73%
View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Carzonrent

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Top companies in Online Travel

3 companies that operate in the same segment as Carzonrent (Online Travel) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online bookings for flights, hotels, and travel packages are facilitated.
2000Gurugram, Haryana, IndiaUSD 39 MUSD 1.04 B399
Online platform providing multiple travel booking services
2007Gurugram, Haryana, IndiaUSD 96.62 MUSD 130.88 M505
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M425
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Related news about Carzonrent

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Frequently Asked Questions about Carzonrent

Carzonrent was founded in 2000 and raised its 1st funding round 4 years after it was founded.

Carzonrent is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Yogender Verma is the CEO of Carzonrent, as recorded in our data.

Carzonrent has 279 employees.

The primary company behind Carzonrent, Carzonrent (India) Private Limited, reported revenue of β‚Ή133 Cr for FY 2025, up 15% year on year.

Carzonrent was founded in 2000 in Delhi, India, as an online platform in the automotive rental sector. Access to various vehicles is provided for short-term and long-term hires. Operations are managed digitally, encompassing booking, pickup scheduling, and return processes. Services are targeted at users seeking convenient vehicle rentals within India.

Carzonrent's top competitors include Revv, Drivezy and Long Drive Cars.

Carzonrent has made 2 acquisitions, including Qcabs, and Ridingo.

Carzonrent has 4 investors. Key investors include SIDBI Venture Capital, EQ India Advisors, BTS Investment Advisors, and Sequoia Capital.

The valuation of Carzonrent is $77.95M as of Jan 2011.

Carzonrent operates through Carzonrent (India) Private Limited.

The legal entities of Carzonrent currently have 2 directors, including Sakshi Vij, Rajiv Kumar Vij.

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