About Lion City Rentals
Lion City Rentals is a company based in Singapore (Singapore) founded in 2015 was acquired by ComfortDelGro in December 2017.. Lion City Rentals offers products and services including Car Rental Service, Hybrid Car Rentals, and Electric Car Rentals. Lion City Rentals operates in a competitive market with competitors including Hyrecar, WeFlex, Splend, DriveItAway and Tribecar, among others.
- Headquarter Singapore, Singapore
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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- Legal Name Lion City Rentals Pte. Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
ComfortDelGro
(Dec 08, 2017)
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Products & Services of Lion City Rentals
Lion City Rentals offers a comprehensive portfolio of products and services, including Car Rental Service, Hybrid Car Rentals, and Electric Car Rentals. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers rental cars for private hire and personal use
Provides hybrid cars with maintenance and insurance coverage
Delivers electric vehicles for eco-conscious drivers
Funding Insights of Lion City Rentals
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lion City Rentals
Lion City Rentals has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ComfortDelGro. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Multimodal transportation services including buses, rail, and taxis are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lion City Rentals
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lion City Rentals
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lion City Rentals Comparisons
Competitors of Lion City Rentals
Lion City Rentals operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hyrecar, WeFlex, Splend, DriveItAway and Tribecar, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cars are rented via an app-based platform to rideshare drivers.
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| domain | founded_year | HQ Location |
Online platform offering electric car-rental services for ride-hailing drivers
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| domain | founded_year | HQ Location |
Online car rental platform for rideshare drivers
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| domain | founded_year | HQ Location |
Online car rental platform for ridesharing drivers
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| domain | founded_year | HQ Location |
Provides short-term car rental services.
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| domain | founded_year | HQ Location |
Peer-to-peer long-term car rentals are enabled for owners and renters.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Lion City Rentals
When was Lion City Rentals founded?
Lion City Rentals was founded in 2015.
Where is Lion City Rentals located?
Lion City Rentals is headquartered in Singapore, Singapore.
What does Lion City Rentals do?
Lion City Rentals was founded in 2015 in Singapore as a car rental platform partnering with Uber. Short-term vehicle rentals are offered to drivers holding appropriate licenses, who register online and pay a 500 refundable deposit. Various car models can be browsed and booked, with weekly rental fees deducted from Uber earnings. Operations focus on facilitating rideshare driving through accessible vehicle access.
Who are the top competitors of Lion City Rentals?
Lion City Rentals's top competitors include Hyrecar, DriveItAway and Splend.
What products or services does Lion City Rentals offer?
Lion City Rentals offers Car Rental Service, Hybrid Car Rentals, and Electric Car Rentals.
Who are Lion City Rentals's investors?
Lion City Rentals has 1 investor. Key investors include ComfortDelGro.