Drivezy

Drivezy (previously known as JustRide) provides self-drive rentals of cars and motorcycles in select Indian cities, via its online platform & mobile apps (iOS/Android). Users can book a car/motorbike online on an hourly/daily basis and pick them up the vehicle from one of the outlets or have them home delivered. The company partners with crowdsourced individuals & vendors by providing them with a minimum guaranteed value and a self-developed 'Smart Vehicle Technology (SVT)', that gets real-time data on the location/performance parameters of the vehicles through telematics (leading to lower security deposits). Plans to introduce a dynamic pricing model based on the user driving index, where customers are rewarded with lower rental charges for safe driving behavior. Claims to use ML algorithms to verify and profile customers. The company shifted to a car-sharing marketplace from an aggregator-based business model in March 2016. The company rebranded itself from 'JustRide' to 'Drivezy' with the introduction of bike rentals on Jun'17.