Carzonrent Explained

Carzonrent (India) Private Limited
Industry:Car rental
Foundation:2000
Founder:Rajiv Kumar Vij
Location:New Delhi, India
Website:Carzonrent.com
Divisions:MylesCar

Carzonrent India Private Limited (CIPL), better known as Carzonrent is an Indian car-rental company. The company is headquartered in New Delhi, India. Carzonrent was founded by Rajiv Kumar Vij in 2000.[1] In 2001, Carzonrent won the exclusive franchisee rights for the American car rental firm Hertz International in India.[2]

History

Carzonrent was founded by Rajiv Kumar Vij in the year 2000 in New Delhi. The company offered chauffeur driven cars on hire, primarily to corporate clients.[3]

Hertz awarded the exclusive franchisee rights for India to Carzonrent in 2001, leasing out 50 cars to the company which were plied chauffeur driven basis. In 2005, Hertz scaled its presence to 750 cars and commenced leasing services to corporate clients.[4]

In 2006, Carzonrent launched its radio taxi service EasyCabs in the New Delhi, making it the first Indian company to offer car leasing and taxi services. The company commenced self-drive car rental service Myles in late 2013,[5] almost one year after Zoomcar launched as the first self-drive car rental company in India.[6]

Partnerships

In June 2015, Carzonrent's radio taxi service EasyCabs associated with the Indian Railway Catering and Tourism Corporation (IRCTC) to provide cab services to railway passengers.[7] Customers can pre-book an EasyCab while booking railway tickets on IRCTC's. The service is currently available only at the New Delhi Railway Station.

Competition

Carzonrent competes with companies like Ola Cabs, Uber and Meru Cabs in the cab segment. In the self-drive car rental segment, the company competes with Zoomcar, Revv Cars and Drivezy.

References

Notes and References

  1. Web site: Transportation Service Provider, Car Rental Solutions - Carzonrent Pvt. Ltd. www.carzonrent.com. 2015-12-21. 23 December 2015. https://web.archive.org/web/20151223083438/http://www.carzonrent.com/aboutus.php. live.
  2. Web site: Life In The Fast Lane - CoverStory - FE Business Traveller. www.businesstravellerindia.com. 2015-12-21. 5 March 2016. https://web.archive.org/web/20160305213818/http://www.businesstravellerindia.com/200511/coverstory01.shtml. live.
  3. Web site: History of Carzonrent India - Yak Max. yakmax.com. 2015-12-21. 23 December 2015. https://web.archive.org/web/20151223115357/http://yakmax.com/history-of-carzonrent-india/. live.
  4. Web site: Life In The Fast Lane - CoverStory - FE Business Traveller. www.businesstravellerindia.com. 2015-12-21. 5 March 2016. https://web.archive.org/web/20160305213818/http://www.businesstravellerindia.com/200511/coverstory01.shtml. live.
  5. News: Carzonrent to invest Rs 400 crore in self-driven car venture Myles by end 2016. The Economic Times. Chauhan. Chanchal Pal. 19 October 2016. 22 December 2016. https://web.archive.org/web/20161222114840/http://economictimes.indiatimes.com/automobiles/carzonrent-to-invest-rs-400-crore-in-self-driven-car-venture-myles-by-end-2016/articleshow/26315847.cms. live.
  6. Web site: Attacking A $3 Billion Rent-A-Car Market. . 15 October 2021. 14 November 2020. https://web.archive.org/web/20201114071507/https://www.forbes.com/sites/karstenstrauss/2013/04/01/attacking-a-3-billion-rent-a-car-market/#123b22dd0057. live.
  7. Web site: EasyCabs (Carzonrent) associates with Indian Railway (IRCTC). Shifting-Gears. 2015-12-21. +Parichay. Malvankar. 22 December 2015. https://web.archive.org/web/20151222093623/http://www.shifting-gears.com/2015/06/15/easycabs-carzonrent-associates-with-indian-railway-irctc/. live.