Savaari Overview
- Year Founded
-
2006
- Status
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Acquired/Merged
- Employees
-
191
- Latest Deal Type
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M&A
- Latest Deal Amount
-
$6.84M
Savaari General Information
Description
Operator of an online car rental platform intended to offer chauffeur-driven cars in India. The company's platform offers reliable intercity and local car rental services, enabling customers to avail of car rental services at nominal rates.
Contact Information
Website
www.savaari.com(Operating Subsidiary)
Corporate Office
- 2nd, 3rd and 4th Floors
- Number 1137, R.G. Towers, 100 Feet Road, Indiranagar
- Bangalore, Karnataka 560038
- India
Corporate Office
- 2nd, 3rd and 4th Floors
- Number 1137, R.G. Towers, 100 Feet Road, Indiranagar
- Bangalore, Karnataka 560038
- India
Savaari Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | 01-Dec-2023 | $6.84M | Completed | Generating Revenue | ||
| 4. Later Stage VC | 01-Jan-2016 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series B) | 24-Oct-2013 | Completed | Generating Revenue | |||
| 2. Later Stage VC (Series A) | 03-Apr-2012 | $1M | $1M | Completed | Generating Revenue | |
| 1. Seed Round | 01-Jul-2006 | $1.2K | $1.2K | Completed | Startup |
Savaari Comparisons
Industry
Financing
Details
Savaari Competitors (33)
One of Savaari’s 33 competitors is Gozo, a Venture Capital-Backed company based in Gurugram, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Gozo | Venture Capital-Backed | Gurugram, India | ||||
| Bolt (Automotive) | Venture Capital-Backed | Tallinn, Estonia | ||||
| Zoomcar | Formerly VC-backed | Bangalore, India | ||||
| LeCab | Venture Capital-Backed | Puteaux, France | ||||
| Blacklane | Corporate Backed or Acquired | Berlin, Germany |
Savaari Signals
Savaari Former Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Athera Venture Partners | Venture Capital | Minority | ||
| Intel Capital | Corporate Venture Capital | Minority | ||
| Inventus Capital Partners | Venture Capital | Minority |
Savaari FAQs
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When was Savaari founded?
Savaari was founded in 2006.
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Where is Savaari headquartered?
Savaari is headquartered in Bangalore, India.
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What is the size of Savaari?
Savaari has 191 total employees.
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What industry is Savaari in?
Savaari’s primary industry is Application Software.
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Is Savaari a private or public company?
Savaari is a Private company.
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What is the current valuation of Savaari?
The current valuation of Savaari is .
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What is Savaari’s current revenue?
The current revenue for Savaari is .
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How much funding has Savaari raised over time?
Savaari has raised $28M.
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Who are Savaari’s investors?
Athera Venture Partners, Intel Capital, and Inventus Capital Partners have invested in Savaari.
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Who are Savaari’s competitors?
Gozo, Bolt (Automotive), Zoomcar, LeCab, and Blacklane are some of the 33 competitors of Savaari.
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When was Savaari acquired?
Savaari was acquired on 01-Dec-2023.
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Who acquired Savaari?
Savaari was acquired by MakeMyTrip.
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