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Live Mint – Hype offers high-end luxury vehicles such as BMW, Audi, Mercedes, and Maserati.

Live Mint – Hype offers high-end luxury vehicles such as BMW, Audi, Mercedes, and Maserati.
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Economic Times – Hype has joined hands with CRED.

Luxury car rental startup HYPE in talks to raise $25-30 million

Bengaluru: Bengaluru-based luxury car rental startup HYPE Technologies is in early talks to raise $25-30 million in a Series A round of funding, from venture capitalists and car makers including BMW Group India and Mercedes India, according to a top company executive.

HYPE is also in talks with private equity investors and finance management companies, the company’s chief executive Raghav Belavadi said in a phone interview.

Belavadi said that HYPE will use the inbound funds to finance purchase of vehicle assets. The startup’s rental fleet offers high-end luxury vehicles such as BMW, Audi, Mercedes, and Maserati. Users book cars for rent directly from HYPE’s website or through its mobile app.

HYPE, which was launched in 2017, runs on an aggregator model, working with dealers, and manufacturers.

Visit Live Mint to Read More’

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Live Mint – Hype offers high-end luxury vehicles such as BMW, Audi, Mercedes, and Maserati.
Previous Post

Fortune India – Renting cars makes more sense in a slowdown: Hype

Next Post

Economic Times – Hype has joined hands with CRED.

Luxury car rental startup HYPE in talks to raise $25-30 million

Bengaluru: Bengaluru-based luxury car rental startup HYPE Technologies is in early talks to raise $25-30 million in a Series A round of funding, from venture capitalists and car makers including BMW Group India and Mercedes India, according to a top company executive.

HYPE is also in talks with private equity investors and finance management companies, the company’s chief executive Raghav Belavadi said in a phone interview.

Belavadi said that HYPE will use the inbound funds to finance purchase of vehicle assets. The startup’s rental fleet offers high-end luxury vehicles such as BMW, Audi, Mercedes, and Maserati. Users book cars for rent directly from HYPE’s website or through its mobile app.

HYPE, which was launched in 2017, runs on an aggregator model, working with dealers, and manufacturers.

Visit Live Mint to Read More’

Sign up to our newsletter to stay updated

johnsmith@example.com

Recent Stories

Recent StoriesRecent Stories

Why Ambani and TATAs are worthwhile role models than Elon Musk or Steve Jobs

How to get rich – not relying on luck

Discounts are not applicable in Luxury, it just makes it look cheaper

Meet The 12 Inspiring Women Entrepreneurs Of India

Why Lane Discipline may not be easy for us in India

3000% more is the sale price for Louis Vuitton !!

Growing popularity of luxury car rentals in India

Role of technology in evolving the automobile industry

Trends of luxury car rentals in 2023

Why are more luxury cars crashing into dividers?

Private Jets are not contributing to Carbon footprint. How?

Seat Belt Please! The Renewed Debate On Care Safety

Why should we always rely on a luxury brand?

You Better be on a Yacht than in a Hotel for bespoke experience

Blending new Cars and Yachts in Goa

Expedite luxury with Presidentè

India’s Sibling Entrepreneurs

BT with Raghav Belavadi. Space Tourism Will Boom In Next Two Decades:

IAA Global Summit on Nations as Brands saw several firsts on the first day of Summit

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