XOO Car

Delhi, India Founded: 2015 • Age: 11 yrs
Hosts a digital marketplace for car rentals for local and intercity travel.

About XOO Car

XOO Car was a Transportation, Automotive & Logistics company based in Delhi (India) founded in 2015. Hosts a digital marketplace for car rentals for local and intercity travel. It operates on a B2C model. Its Indian entity Pingme Online Private Limited reported revenue of β‚Ή65.6 Lakh. The company is recorded as dissolved. Its focus areas include Transportation, Rental Services, Vehicle Rental and Car Marketplace. Its competitors include Savaari, Meru and Gozocabs; 3 of its 3 listed competitors have raised funding.

Company details

XOO Car hosts a digital marketplace for car rentals for local and intercity travel, focusing on providing transportation services, providing rental services, vehicle rental, and car marketplace. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Key Metrics
  • Annual Revenue
    ₹65.6 Lakh

    FY 2017 · +14752% YoY

  • Net Loss
    -₹7.6 Lakh

    FY 2017 · -12% margin

  • EBITDA
    -₹7 Lakh

    FY 2017 · -11% margin

Board of directors of Pingme Online Private Limited (XOO Car)

Pingme Online Private Limited is the primary company behind XOO Car. The board of Pingme Online Private Limited currently have 2 directors; the longest-serving is Nilesh Ambastha, appointed in 2016. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Nilesh Ambastha
DIN 07494128
Director08 Aug 201610 yrs 2 moPingme Online Private Limited
Ruchi Sinha
DIN 05232075
Director06 Sep 201610 yrs 1 moPingme Online Private Limited

Financials of XOO Car

Figures of Pingme Online Private Limited, the primary company behind XOO Car, for FY 2017. Revenue was ₹65.6 Lakh (+14752% year on year). Net loss was -₹7.6 Lakh (-12% margin). EBITDA was -₹7 Lakh (-11% margin).

  • ₹65.6 LakhRevenue · FY 2017 · +14752% YoY
  • -₹7.6 LakhNet loss · -12% margin
  • -₹7 LakhEBITDA · -11% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Pingme Online Private Limited are on its company page.

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Detailed financial statements for XOO Car

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Competitors of XOO Car

XOO Car has 3 listed competitors in our database, 3 of them funded. They include Savaari, Meru and Gozocabs.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
savaari.com2006Bengaluru, India$5.93M192
App-based intercity ride-hailing aggregator
meru.in2007Mumbai, India$135.07M23
Ride-hailing services are facilitated via an app-based platform.
gozocabs.com2012Chandigarh, India$2.17M58
Inter-city taxi bookings are enabled via a mobile app platform.
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Detailed competitors of XOO Car

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Top companies in Car Rentals

3 companies that operate in the same segment as XOO Car (Car Rentals) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Car rental and transportation services are provided for diverse needs.
1996Delhi, Delhi, IndiaUSD 86.12 M950
Offers self-drive car rentals across South India with doorstep delivery and subscriptions.
2018Ernakulam, Kerala, IndiaUSD 329.22 M
Car rental and mobility services for corporate and personal needs in India and internationally.
1996Delhi, Delhi, India
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Frequently Asked Questions about XOO Car

XOO Car was founded in 2015.

XOO Car is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

The primary company behind XOO Car, Pingme Online Private Limited, reported revenue of β‚Ή65.6 Lakh for FY 2017, up 14752% year on year.

XOO Car hosts a digital marketplace for car rentals for local and intercity travel, focusing on providing transportation services, providing rental services, vehicle rental, and car marketplace. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

XOO Car's top competitors include Savaari, Gozocabs and Meru.

XOO Car operates through Pingme Online Private Limited.

The legal entities of XOO Car currently have 2 directors, including Ruchi Sinha, Nilesh Ambastha.

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