Hype Luxury Mobility

Last updated

Hype Luxury Mobility
Company type Private
Industry Car rental
Founded2017;7 years ago (2017)
FounderRaghav Belavadi
Headquarters Bangalore, India
Areas served
India, UAE, UK
Servicesluxury car rental, yacht rental, private jet rental
Website www.gohype.in

Hype Luxury Mobility is a luxury car rental company headquartered in Bangalore, India. [1] [2] Founded in 2017, it provides luxury cars, yachts and private jets for rent in India, the UAE, and the UK. [3] [4]

Contents

Fleet

Hype has operations in 19 cities across India including Ahmedabad, Bangalore, Chandigarh, Chennai, Cochin, Coimbatore, Delhi NCR, Goa, Hyderabad, Indore, Jaipur, Jodhpur, Kolkata, Mangalore, Mumbai, Madurai and, Pondicherry. [5] The brands in its fleet include Rolls-Royce, Mercedes, Lamborghini, Ferrari, Maserati, Jaguar etc. [6] Users book cars for rent directly from its website or through its mobile app. [7] [8]

It has a fleet of yachts including Bayliner 340, Ferretti 550, Island Spirit 401, Grand Soliel 45, Sea Ray 330, Azimut 39, Rinker 260, Free Spirit, Majesty 66 etc. [9]

It has also partnered with aircraft operators to provide helicopters and private jet rentals. [10]

Funding

Hype Luxury said in a statement it had raised an undisclosed amount in Pre-Series A funding from Razorpay co-founders Harshil Mathur and Shashank Kumar's early-stage startup fund MarsShot Ventures. [11]

Brand ambassador

Suniel Shetty has collaborated with HYPE as the brand ambassador. [12] [13] [14]

Partnerships

Related Research Articles

<span class="mw-page-title-main">Suniel Shetty</span> Indian actor, film producer and entrepreneur

Suniel Shetty is an Indian actor, film producer, television personality and entrepreneur who is predominantly active in Hindi films. In a career spanning almost 30 years, he has acted in over 100 films.

<span class="mw-page-title-main">Economy of Bangalore</span>

Bangalore or Bengaluru, the capital city of South Indian state of Karnataka, India is the largest industrial and commercial center of South India and is the third largest industrial and commercial center of the country. The economy of Bengaluru contributes over 43.65% to the economy of the State of Karnataka, accounting for 98% of the Software Exports of the State.

<span class="mw-page-title-main">Rolls-Royce Motors</span> Former British car company (1973–1998)

Rolls-Royce Motors was a British luxury car manufacturer, created in 1973 during the de-merger of the Rolls-Royce automotive business from the nationalised Rolls-Royce Limited. It produced luxury cars under the Rolls-Royce and Bentley brands. Vickers acquired the company in 1980 and sold it to Volkswagen in 1998. Bentley Motors is the company's direct successor; however, BMW acquired the rights to the Rolls-Royce trademark for use on automobiles and launched a new Rolls-Royce company shortly afterwards.

<span class="mw-page-title-main">Connolly Leather</span> British leather company

Connolly Leather Limited was a British company that supplied highly finished leather primarily to car manufacturers. Founded in 1878, it went out of business in that form in 2002. A successor firm, Connolly Brothers, UK, has resumed producing traditional Connolly leather products and lines, including its popular Vaumol.

Mansory is a luxury car modification firm based in Brand, Germany. Besides luxury cars, they also work on supercars, luxury SUVs and custom bikes. The company was founded in 1989 by Iranian tuner Kourosh Mansory. His Munich-based workshop focused on modifications for British brands such as Rolls-Royce and Italian brands such as Ferrari. By mid-2001, the company had grown out of its Munich workshop and moved to headquarters in the Fichtel Mountains. The company currently operates out of a workshop in Brand, Germany.

<span class="mw-page-title-main">FCA India Automobiles</span> Indian automotive company

FCA India Automobiles Private Limited (FCAIPL), formerly known as "Fiat Group Automobiles India Private Limited", was formed in 1997. The company was established for the production of cars and engines under the brand Fiat, Abarth, and Jeep. It is the ninth largest Indian car manufacturer by sales in India.

<span class="mw-page-title-main">H.R. Owen</span> British luxury motor retailer

H.R. Owen is a luxury motor retailer in Britain, and one of the world's largest retailers in Rolls-Royce, Bentley, Ferrari, Aston Martin, Maserati, Lamborghini and Bugatti brands. The company is headquartered in London, and operates 18 sales franchises and 17 aftersales franchises.

JamesEdition is a global online luxury marketplace with headquarters in Amsterdam, Netherlands. The website has 15 different categories. These are: real estate, cars, jewellery, jets, helicopters, watches, yachts, extraordinaire, motorcycles, lifestyle & collectibles, residential developments, experiences, yachts and vacation rentals.

Zoomcar is an Indian carsharing platform, headquartered in Bangalore. Founded in 2013 by David Back and Greg Moran, it currently operates in more than 34 cities.

Auto Europe is a large car rental wholesale company, working with approximately 24,000 car rental locations in 180 countries in Europe, Asia, Africa, Australia, New Zealand, as well as North and South America. Auto Europe has been accredited with the Better Business Bureau since 2 April 1993, with an A+ rating. Auto Europe has been owned by Court Square Capital Partners since 2006.

<span class="mw-page-title-main">Ola Cabs</span> Indian multinational ridesharing company

Ola Cabs is an Indian transportation company that provides ridesharing services and operates other business verticals such as financial services and cloud kitchens. It is headquartered in Bangalore, Karnataka and operates in 250+ Indian cities.

Myles is a self-drive car sharing company in India owned by Carzonrent in Delhi, India.

<span class="mw-page-title-main">Rolls-Royce Sweptail</span> Motor vehicle

The Rolls-Royce Sweptail is a one-off large luxury car made by Rolls-Royce Motor Cars.

<span class="mw-page-title-main">Furlenco</span> Online furniture rental platform

Furlenco is an Indian online furniture rental platform that was incorporated in 2012.

Swiggy is an Indian online food ordering and delivery platform. Founded in 2014, Swiggy is headquartered in Bangalore and operates in more than 500 Indian cities as of September 2021. Besides food delivery, the platform also provides on-demand grocery deliveries under the name Instamart, and a same-day package delivery service called Swiggy Genie.

Revv Cars is an Indian self-drive mobility start up funded by Hyundai and others. The company was founded by Anupam Agarwal and Karan Jain in July 2015 and started its operation in Delhi-NCR. Through Revv, customers can rent a car up to a period of 4 years. Apart from renting for specific number of hours or days, the company also let customers rent for one-way journeys. The company operates with a standard hub model - where there is a hub of cars from where the vehicles are dropped to the customers. The company staff is able to come back to the hub with the help of a foldable electric scooter which is stored in the boot of the car. The company had stopped its services during the initial lockdown for few months and resumed later. Apart from acquiring vehicles directly, the company also works on a crowdsourcing model in which individual would buy a car on a 10% down payment and register it with Revv. Revv pays a fee to the individual that is equal to the monthly installment to pay the loan which is usually for 4 years.

Yulu is an Indian technology-driven electric micromobility platform headquartered in Bengaluru.It provides shared low-speed two-wheeler electric vehicle (EV) services in Bengaluru, Mumbai, Navi Mumbai, Delhi and Gurugram. Yulu operates 25,000 dockless shared EVs and has four million users. Its EVs are used for 280,000 last-mile deliveries and 10,000 commutes each day.

<span class="mw-page-title-main">Cred (company)</span> Indian financial technology company

CRED is an Indian fintech company, based in Bangalore. Founded in 2018 by Kunal Shah, it is a reward-based credit card payments app. Cred also lets users make house rent payments and provides short-term credit lines. Cred has received criticism for being overvalued and lacking a sound monetization strategy.

<span class="mw-page-title-main">Rolls-Royce Boat Tail</span> 2021 car model

The Rolls-Royce Boat Tail is a mid-sized luxury coach built grand tourer car made by Rolls-Royce Motor Cars. It is the world's most expensive street legal new car speculated at US $28 million.

Moneyview is an Indian fintech company, based in Bangalore. Its parent company is Whizdm Finance Private Limited, an Indian non-deposit non-banking financial company(NBFC-ND) registered with Reserve Bank of India. Moneyview operates in the space of digital lending and money management. Moneyview provides products like personal loans, personal finance manager, EMI calculators, and credit score tracking.

References

  1. "Amex in pact with Hype Mobility to offer luxury cars on rent". Economic Times. 10 February 2020. Retrieved 26 November 2022.
  2. "What is steering yacht tourism in India in the post-pandemic lockdown season". TravelDailyMedia.
  3. "From Yacht to Cars and Jets, India's Luxury Rental Mobility Industry Is On a Boom". News18.
  4. "Yachts, Audis and other luxuries on rent for social media-crazy millennials". Business Standard.
  5. "Hype expands its services; eyes 300% growth by 2024". Economic Times.
  6. "Now rent a luxury car for Rs 6,999 per day in these cities: Rolls-Royce, Maserati & more". FinancialExpress.
  7. "Luxury car rental startup HYPE in talks to raise $25-30 million". LiveMint.
  8. "HYPE to drive luxury car rental business to new growth areas". DeccanHerald.
  9. "Hype Launches Luxury Yacht Rental In India". BusinessWorld.
  10. "Hype have access to about 100 aircraft". TheHinduBusinessLine.
  11. "Luxury car rental startup Hype Luxury raises Pre-Series A round". TVW News India.
  12. "Suniel Shetty to endorse luxury mobility rental player Hype". MediaNews.
  13. "Actor Suniel Shetty is the face of mobility platform Hype Luxury". Moneycontrol. 14 December 2023. Retrieved 29 December 2023.
  14. "Suniel Shetty to be face of Hype Luxury". Economic Times. 13 December 2023. Retrieved 29 December 2023.
  15. "Luxury car rental Hype partners with CRED". Economic Times.
  16. "American Express partners Hype to provide luxury cars on rent". BusinessInsider.
  17. "HYPE Offer". ICICI Bank.