Carzonrent acquires leading cab portal QCABS
Carzonrent (I) Pvt Ltd, pioneer and leader in personal ground transportation industry, today announces the acquisition of leading online car rental service aggregator QCABS. This acquisition represents an important component of Carzonrent's growth strategy to give shape to its plans of foraying extensively in the retail space.
- (1888PressRelease) May 24, 2012 - Carzonrent (I) Pvt Ltd, pioneer and leader in personal ground transportation industry, today announces the acquisition of leading online car rental services aggregator QCABS. Carzonrent, which has been in the business of renting cars, Radio Taxi (under the Easycabs brand) and Operating lease business will be working on enhanced technology platforms post the acquisition to make a significant retail foray.
IIT alumnus, Gaurav Dosi, CEO and Reshav Singla, CTO, who founded QCABS excelled in matching user requirements with the cab operators from the unorganized sector. Their portal was extensively used by travel agents from Mumbai and other metros for multi-day travel schedules.
This acquisition represents an important component of Carzonrent's growth strategy to give shape to its plans of foraying extensively in the retail space. With the QCABS team Carzonrent will be working to create customer friendly and e-commerce efficient platforms.
Commenting on the occasion, Mr. Rajiv Vij, CEO Carzonrent said, "Carzonrent today manages travel for at least 10,000 passengers on a daily basis. Our services are available at various hotels, airports and Corporates throughout the country. QCABS acquisition is part of our constant endeavor to gain a larger segment of the market and provide a better service experience. Our Radio Taxi foray as "Easycabs" is one such example."
He further added, "With the QCABS acquisitions users can expect the launch of more innovative offerings. We are planning to increase our retail spread beyond the Airport operations of 5 cities and the QCABS founding team will be working with us on developing these models."
The acquisition provides tremendous possibilities for innovations. As both the companies have the passion for same industry, they will be able to work on a broader prospect; gelling with each other's strength that will provide competitive advantage over others.
Carzonrent is the first and only company in personal ground transportation industry to provide 360 degree solution to its customers. With this enhanced competency Carzonrent will be able to optimize their service based on the new platform.
About Carzonrent
Carzonrent (India) Pvt. Ltd. (CIPL) is India's # 1 personal ground transportation service provider today offering a complete bouquet of end-to-end long and short term car rental solutions through its fleet of 5000 cars across the country.
For more details please visit http://www.carzonrent.com
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