Hype expands to fast-growing luxe mobility rental markets across Metros; eyes 300% growth by 2024
Recently, Hype added 1,000 luxury cars and now has a fleet size of more than 14,000 with over 6,000 luxury and 8,000 premium cars.Â


DELHI
Hype Luxury Mobility Rentals, India’s first and premier luxury car rental brand has now expanded its services to cater to the fast-growing niche market. It had grown to serve 19 cities across India over the recent months, covering, Ahmedabad, Bangalore, Chandigarh, Chennai, Cochin, Coimbatore, Delhi NCR, Goa, Hyderabad, Indore, Jaipur, Jodhpur, Kolkata, Mangalore, Mumbai, Madurai and, Pondicherry. In 2017, when Hype first started its operations, it had launched the services across seven cities in the country. Today, it is growing at a 300-400 percent month-on-month and strives to provide the best customer experience. After successfully traversing the metros and Tier I cities in India, Hype is now focussing on Tier II cities and looks forward to serving Lucknow, Kanpur, Ranchi and Baroda markets also in the year 2021. With the business is picking up rapidly, the organisation is eyeing 300% growth in the fiscal year 2024. Talking about the organisation’s expansion plans, Raghav Belavadi, Founder and CEO, HYPE Luxury Mobility, said, “Since August 2000, there has been a sudden spike, which is four to five times increase in the number of tourists renting our luxury cars. The demand from different regions in India, drove us to expand our operations in other cities as well.”
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