About NeoCars
NeoCars is a Transportation, Automotive & Logistics company based in Kolkata (India) founded in 2018. It offers app-based private taxi rentals for local and outstation travel. It operates on a D2C and B2C model. NeoCars offers products and services including NeoCars App, Airport Transfers, Outstation Travel, and Errand Running. Its focus areas include Consumer, Transportation Tech, Car Rental and With Driver Services. Its legal entity in India is Elzeven Technologies Private Limited (U72900WB2018PTC229504). Similar companies include Meru, Snap-E Cabs and BluSmart; 3 of its 3 listed similar companies have raised funding.
Company details
NeoCars operates as a private taxi rental company, offering car hiring services with drivers through a mobile app. Users can select from various vehicles for local commutes, outstation trips, airport transfers, and errands. Services feature verified drivers, air-conditioned cars, and flexible options like multiple stops and passengers. Available in cities such as Kolkata, Jaipur, Bengaluru, Mumbai, and Chandigarh, it caters to individual travelers seeking reliable transportation solutions.
- Headquarters Kolkata, India
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website neocars.in
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- Legal Name Elzeven Technologies Private Limited
- Date of Incorporation 26 Dec, 2018
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹84,389
FY 2024 · -79% YoY
- Net Loss-₹3 Lakh
FY 2024 · -351% margin
- EBITDA-₹3 Lakh
FY 2024 · -351% margin
Associated legal entities of NeoCars
NeoCars operates through Elzeven Technologies 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 |
|---|---|---|---|---|---|---|---|
| Elzeven Technologies Private Limited CIN U72900WB2018PTC229504 | Active | 26 Dec 2018 | Kolkata, West Bengal | ₹0.0 Cr | 3 | View details |
Products & Services of NeoCars
NeoCars offers a comprehensive portfolio of products and services, including NeoCars App, Airport Transfers, Outstation Travel, and Errand Running.
App for reserving private cars with drivers for various trips
Service for pre-booked car transport to and from airports
Option for car rentals with drivers for inter-city journeys
Flexible car hire for multiple stops and daily tasks
Apps and channels of NeoCars
NeoCars publishes 1 mobile app with over 50K+ downloads.
Board of directors of Elzeven Technologies Private Limited (NeoCars)
Elzeven Technologies Private Limited is the primary company behind NeoCars. The board of Elzeven Technologies Private Limited currently have 3 directors; the longest-serving is Asha Dhanuka, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Asha Dhanuka DIN 00539382 | Director | 26 Dec 2018 | 7 yrs 10 mo | Elzeven Technologies Private Limited |
| Mayyank Dhanuka DIN 02905978 | Director | 26 Dec 2018 | 7 yrs 10 mo | Elzeven Technologies Private Limited |
| Sanjay Dhanuka DIN 00539356 | Director | 26 Dec 2018 | 7 yrs 10 mo | Elzeven Technologies Private Limited |
Financials of NeoCars
Figures of Elzeven Technologies Private Limited, the primary company behind NeoCars, for FY 2024. Revenue was ₹84,389 (-79% year on year). Net loss was -₹3 Lakh (-351% margin). EBITDA was -₹3 Lakh (-351% margin). Revenue has grown at a compounded annual rate of +7% over three years.
- ₹84,389Revenue · FY 2024 · -79% YoY
- -₹3 LakhNet loss · -351% margin
- -₹3 LakhEBITDA · -351% margin
- ₹10 LakhPaid-up capital
- +7%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Elzeven Technologies Private Limited are on its company page.
Detailed financial statements for NeoCars
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to NeoCars
NeoCars has 3 listed similar companies in our database, 3 of them funded. They include Meru, Snap-E Cabs and BluSmart.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| meru.in | 2007 | Mumbai, India | $135.07M | 23 | Ride-hailing services are facilitated via an app-based platform. | |
| snapecabs.com | 2021 | Kolkata, India | $5M | 3,246 | Electric cab services are provided via an app-based booking platform. | |
| blu-smart.com | 2019 | Mumbai, India | $167.59M | 613 | Electric ride-hailing and cab services are provided via mobile app. |
Detailed similar companies of NeoCars
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Car Rentals
3 companies that operate in the same segment as NeoCars (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 | 950 | ||
Offers self-drive car rentals across South India with doorstep delivery and subscriptions. | 2018 | Ernakulam, Kerala, India | USD 329.22 M | |||
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 NeoCars
NeoCars was founded in 2018.
NeoCars is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
The primary company behind NeoCars, Elzeven Technologies Private Limited, reported revenue of ₹84,389 for FY 2024, down 79% year on year.
NeoCars operates as a private taxi rental company, offering car hiring services with drivers through a mobile app. Users can select from various vehicles for local commutes, outstation trips, airport transfers, and errands. Services feature verified drivers, air-conditioned cars, and flexible options like multiple stops and passengers. Available in cities such as Kolkata, Jaipur, Bengaluru, Mumbai, and Chandigarh, it caters to individual travelers seeking reliable transportation solutions.
NeoCars's top competitors include BluSmart, Snap-E Cabs and Meru.
NeoCars offers NeoCars App, Airport Transfers, Outstation Travel, and Errand Running.
NeoCars operates through Elzeven Technologies Private Limited.
The legal entities of NeoCars currently have 3 directors, including Asha Dhanuka, Mayyank Dhanuka, Sanjay Dhanuka.
Yes. NeoCars publishes NeoCars - Rent Car With Driver, with over 50,000 downloads.