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CARS24 was founded in 2015 by Vikram Chopra, Mehul Agrawal, Gajendra Jangid and Ruchit Agarwal as a platform to buy and sell used cars. [5] In 2021, the company expanded its operations internationally in several countries, including the United Arab Emirates, Thailand and Australia.
[4] [3] In 2018, Bangalore was reported to have the second highest number of two-wheelers in the country. [5] Bangalore's car density (number of cars for every kilometre of road), however, was found to be 149 – much lower than other major Indian cities. [6] App based rental motorcycles, bicycles and cars are also available for commuting.
Yulu’s business model involves renting low-speed (under 25 km/h), dockless EVs to users, typically for short-distance rides. In the same vein as global shared EV companies like Lime, Bolt and Dott, Yulu provides mobility as a service (MaaS) – a concept which envisages a shift from personally-owned transportation towards public and shared transport that can be accessed through a unified ...
Off-rental: rental car companies normally replace their fleets once a year, releasing a flood of late-model cars to the secondary market. Like the big financial institutions that underwrite car leases, rental companies also rely on auto auctions to sell off their used inventory. These vehicles tend to be well-maintained and driven for only one ...
In November 2013, Zoom, Uber, and the Ashoka Foundation launched a month-long campaign in Bangalore called RideSmartBLR to encourage car-rental and discourage drunk driving for its health, economical and environmental benefits. [33] Zoom was a member of Microsoft's Accelerator Plus program in Bangalore in Spring 2014. [34]
50. South Dakota. Average price per child: $247 This article was originally published on Cheapism