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New Delhi-based self-drive car rental startup, Voler Cars , has raised an undisclosed amount in funding led by prominent investors like the Kanodias, along with Amit Banka, leading Investor and entrepreneur. The investors have also taken a minority stake in the company.
Founded in 2010 by Vikas Parasrampuria, Voler Cars , operates self-drive car rental service in Delhi and Bangalore. It currently has a fleet of cars that include mini-hatchback to SUVs to luxury sedans. The startup is planning to reach 1000 car fleet operations within 12 months.
Voler Cars claims that it has a unique model of unlimited kilometers and fixed/transparent pricing, which is widely accepted by the users in Delhi NCR. It has made the user base jump to 15000+ consumers in Delhi with 50% traffic coming from android and iOS.
Vikas Parasrampuria, CEO & founder of Voler Cars, said, “Voler has designed its operating model keeping in mind consumers experience and safety. It uses world-class technology and safety controls that keeps consumer connected through real time inputs about the car, speed, location, and several other important parameters.”
Voler Cars plans to use the raised capital to expand its fleet across multiple cities such as Hyderabad, Mumbai, Pune, over the next few months. The startup claims that it reaches over 1Mn people annually, across the country, and manages over 2,000 vehicles at any given point. It has a trained team of more than 250 people across India and provides solutions to the country’s leading multinational IT & ITeS companies.
Vikas added that in the last 7 months of self-drive operations, the company has invested significantly in establishing an efficient operating model with a sound technology intervention. This capital funding will enable them in offering more superior yet convenient and safer interface to their consumers.
With its self-drive car rental model, Voler Cars aims to be the largest urban mobility solutions provider by 2020. It competes with Mumbai-based self-drive car rentals aggregator JustRide, which raised $400K in March this year. Also, Zoomcar raised $11 Mn in funding in July last year.
Tata Motors has partnered with Volercars to deliver integrated solution with the value added service to Cognizant including on ground operations & fleet management. A batch of 10 vehicles was handed over by Tata Motors team to Cognizant officials, at an event held in the company’s Hyderabad campus.
NEW DELHI: Home-grown automaker Tata Motors on Wednesday announced that it will supply Tigor Electric Vehicles (EVs) to Cognizant. The software company, Cognizant will deploy the EVs in its Hyderabad campus.
Tata Motors has partnered with Volercars to deliver integrated solution with the value added service to Cognizant including on ground operations & fleet management. A batch of 10 vehicles was handed over by Tata Motors team to Cognizant officials, at an event held
NEW DELHI: Home-grown automaker
Moreover, Tata Motors will collaborate with other Tata Group companies to provide a consolidated solution with respect to vehicles, charging infrastructure, maintenance services and financial assistance for procurement and functioning of the Tigor EVs.
As part of this order, Tata Power will supply and install two fast charging stations at the Hyderabad campus of Cognizant while Tata Motors Finance will provide the financial assistance need to procure the vehicles.
Commenting on the deployment of Tigor EVs, Shailesh Chandra, President –Electric Mobility Business and Corporate Strategy, Tata Motors said, “We at Tata Motors, are extremely committed to the Government’s vision of e-mobility
in India. We are excited to be associating with Cognizant to provide them with a comprehensive solution towards the goal of a sustainable future, with our ‘One Tata’ approach, involving our other group companies. We will continue to strengthen our portfolio of EV offerings across our passenger and commercial vehicles, to meet future requirements.”
Ramkumar Ramamoorthy, Executive Director, India, Cognizant, said, “At Cognizant, reducing our carbon footprint through efficient use of energy and protecting vital, irreplaceable resources are at the heart of our environmental stewardship initiatives. We are proud to lead by example and be one of the first companies in India to embrace the potential of electric vehicles as an innovative meeting ground of energy and mobility.”
Tata Power is the first company to set-up public EV charging stations in Mumbai and make Mumbai EV ready. It would be the first time that Tata Power will be setting-up an EV charging station outside Mumbai.
Tata Motors has announced that it will supply Tigor Electric Vehicles (EVs) to Cognizant, a professional services company that helps clients worldwide to transform their business, operating and technology models for the digital era. Cognizant will deploy these EVs in its Hyderabad campus. Tata Motors has partnered with Volercars, a mobility solutions company that will be delivering this integrated solution with the value-added service to Cognizant including on ground operations and fleet management. A batch of 10 vehicles was handed over by Tata Motors team to Cognizant officials, at an event held in the company’s Hyderabad campus.
As part of the One Tata solution for EVs, Tata Motors will collaborate with other Tata Group companies to provide a consolidated solution with respect to vehicles, charging infrastructure, maintenance services and financial assistance for procurement and functioning of the Tigor EVs.
As part of this order, Tata Power will supply and install two fast-charging stations at the Hyderabad campus of Cognizant while Tata Motors Finance will provide the financial assistance need to procure the vehicles.
“We at Tata Motors, are extremely committed to the Government’s vision of e-mobility in India. We are excited to be associating with Cognizant to provide them with a comprehensive solution towards the goal of a sustainable future, with our ‘One Tata’ approach, involving our other group companies. We will continue to strengthen our portfolio of EV offerings across our passenger and commercial vehicles, to meet future requirements,” Shailesh Chandra, President –Electric Mobility Business and Corporate Strategy, Tata Motors said, commenting on the deployment of Tigor EVs.
“At Cognizant, reducing our carbon footprint through efficient use of energy and protecting vital, irreplaceable resources are at the heart of our environmental stewardship initiatives. We are proud to lead by example and be one of the first companies in India to embrace the potential of electric vehicles as an innovative meeting ground of energy and mobility,” Executive Director, India, Cognizant Ramkumar Ramamoorthy, said.