Funding story
Car aggregators continue to deploy technology innovatively and effectively to disrupt the overall automobiles sector. The latest rising star in the car aggregator segment is JustRide. This Mumbai-based startup recently made the news by garnering $2 million in pre-series A round of funding. JustRide seeks to use the raised funds for further technological development, and overall expansion.
What does JustRide offer?
JustRide was set up in April 2015 by Ashwarya Pratap Singh, Hemant Kumar Sah, Vasant Verma, Abhishek Mahajan and Amit Sahu. It seeks to aggregate cars, which are available on rent for self-driving. Such aggregation of rental cars benefits several segments of society, especially working youth, who require effective, yet cheap, transportation solutions. Having taken off eight months ago, JustRide is growing at a phenomenal rate. Over 150 vehicles are being added to its fleet per month. Its role as an aggregator means that such an expansion of its platform is occurring at a very low cost.
JustRide offers several features aimed at maximizing user convenience. These include a very simple method for the availing of services-users only need to specify the pick up and drop off date and time, and can then the book the car of their choice. JustRide promises to offer cars of excellent quality and safety ratings for hire at affordable prices. Some of the car brands available for hire are the Mahindra Scorpio, the Maruti Ritz, the Toyota Fortuner, the Honda City and the Mahindra XUV-W4.
Future prospects
Currently, the startup’s services are available in Mumbai, Pune, Bangalore and Delhi NCR. With further funding in the pipeline, the startup is certain to unveil its services in many more cities in the near future. JustRide also seeks to expand its fleet to 10,000 vehicles in two years. Its emphasis on innovation are likely to allow it to hold its own against its rivals, among whom are the likes of ZoomCar and Carzonerent.
Visit the startup’s website to book their services.The app can be downloaded here.
