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Venture Capital | 3 April 2012

Savaari Car Rentals Raises Series A Funding From Inventus Capital

by Irfan Khan
Savaari Car Rentals Raises Series A Funding From Inventus Capital
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Savaari Car Rentals has raised R5Cr Series A funding from Inventus Capital Partners. Samir Kumar and Parag Dhol from Inventus Advisory Services (India) will be joining the Board of Directors at Savaari.

Savaari will use the funds to build a backend engine to allow easy bookings management, as well as giving automated billing for its customers. Savaari will also use the funds raised to hire top marketing talent, and grow its business across cities by establishing a robust sales network. some of these funds will also be used to enhance technology solutions to deliver superior travel experiences to the customer.

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