Hype Luxury Mobility

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

Hype Luxury Mobility
TypePrivate
IndustryCar rental
Founded2017 (2017)
FounderRaghav Belavadi
HeadquartersBangalore, India
Areas served
India, UAE, UK
Servicesluxury car rental, yacht rental, private jet rental
Websitewww.gohype.in

History

The Hype was founded by Raghav Belavadi in 2017. Before this, Raghav founded InsurTech, ANDIAST Tech.AG, in Switzerland. He was the Executive Vice President at Accenture in Switzerland, Canada, and India. Prior to that, he was Program Director at Mercer, both in the UK and India.[5][6][7]

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.[8] It has a fleet size of more than 14,000 with over 6,000 luxury and 8,000 premium cars. The brands in its fleet include Rolls-Royce, Mercedes, Lamborghini, Ferrari, Maserati, Jaguar etc.[9] Users book cars for rent directly from its website or through its mobile app.[10][11]

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.[12]

It has also partnered with aircraft operators to provide helicopters and private jets rentals.[13]

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.[14]

Partnerships
  • HYPE has partnered with CRED, founded by Mr Kunal Shah to offer deals for all premium Cred users.[15]
  • American Express had partnership with Hype to provide luxury travel experience for its Platinum and Centurion Card members.[16]
  • Hype has partnered with ICICI to provide special deals to its credit and debit card customers.[17]

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. "Raghav Belavadi". NationasBrands.
  6. "Raghav Belavadi". EntrepreneurIndia.
  7. "Renting cars makes more sense in a slowdown: Hype". FortuneIndia.
  8. "Hype expands its services; eyes 300% growth by 2024". Economic Times.
  9. "Now rent a luxury car for Rs 6,999 per day in these cities: Rolls-Royce, Maserati & more". FinancialExpress.
  10. "Luxury car rental startup HYPE in talks to raise $25-30 million". LiveMint.
  11. "HYPE to drive luxury car rental business to new growth areas". DeccanHerald.
  12. "Hype Launches Luxury Yacht Rental In India". BusinessWorld.
  13. "Hype have access to about 100 aircraft". TheHinduBusinessLine.
  14. "Luxury car rental startup Hype Luxury raises Pre-Series A round". TVW News India.
  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.
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