A car accident made Ashwarya Singh realize that maintaining a car in Mumbai exceeds its utility quotient. Offering cars on rent was an idea that took shape between Ashwarya and his friends, Hemant Kumar Sah, Vasant Verma and Amit Sahu. They also roped in Abhishek Mahajan as co-founder. Soon JustRide reinvented itself as Drivezy, a peer-to-peer car and bike sharing platform in Bengaluru, Mumbai and Pune. Excerpt from an interaction with Ashwarya Singh.
How are you differentiating from the competition?
Our asset light business model allows us to scale faster than our competitors. In the past four years, we have partnered with close to 5,000 individual vehicle owners, asset management companies, commercial fleet operators and automobile dealerships to enlist vehicles on our platform.
This story is from the Autumn 2019 edition of Entrepreneur magazine.
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This story is from the Autumn 2019 edition of Entrepreneur magazine.
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