Savaari - About the company
Savaari is an acquired company based in Bengaluru (India), founded in 2006 by Manik Shah, Gaurav Naresh Aggarwal, Rahul Khanna and Anand Dorairaj. It operates as a Network of chauffeur driven taxi services for intercity airport transport. Savaari has raised $5.93M in funding from investors like Athera, Intel and Hindustan Media Ventures, with last known valuation of $*****. The company has 344 active competitors, including 18 funded and 7 that have exited. Its top competitors include companies like Uber, Omio and Ola.
Company Details
Network of chauffeur driven taxi services for intercity airport transport. This service provides vehicles for one-way trips, round-trip travel, local hourly rentals, and transfers to airports. Passengers book vehicles for travel between destinations or for transit within metropolitan areas. The operation utilizes professional drivers to facilitate ground transportation across multiple regions.
- Website
- www.savaari.com/
- Email ID
- *****@savaari.com
- Phone Number
- +91 **********
- Registered Address
- 2nd Floor, No. 1137 RG Towers, 100 Feet Road, Indiranagar, Bangalore, Bangalore, Karnataka, India, 560038
Key Metrics
Founded Year
2006
Location
Bengaluru, India
Stage
Acquired
Total Funding
$5.93M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Mar 28, 2022
Ranked
5th among 344 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
193 as on Aug 31, 2025
Exit Details
Acquired by MakeMyTrip (Oct 31, 2023)
Legal entities associated with Savaari
Savaari is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SAVAARI CAR RENTALS PRIVATE LIMITED CIN: U60231KA2012PTC062501 , India, Active | Feb 13, 2012 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 199 (As on May 01, 2026) |
Savaari's acquisition details
Savaari got acquired by MakeMyTrip on Oct 31, 2023.
Click here to take a look at Savaari's acquisition in detail
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Savaari's funding and investors
Savaari has raised a total funding of $5.93M over 4 rounds. Its first funding round was on Mar 23, 2012. Its latest funding round was a Series B round on Mar 28, 2022 for $*****. 1 investor participated in its latest round. Savaari has 3 institutional investors.
Here is the list of recent funding rounds of Savaari:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 28, 2022 | 2213509 | Series B | 7476925 | 2472770 | 5632320 | 5098912 |
Mar 23, 2016 | 3240493 | Series B | 4401677 | 2448709 | 4429452 | 2216311 |
Oct 22, 2013 | 6084366 | Series B | 9512433 | 4044640 |
View details of Savaari's funding rounds and investors
Savaari's founders and board of directors
Founder? Claim ProfileThe founders of Savaari are Manik Shah, Gaurav Naresh Aggarwal, Rahul Khanna and Anand Dorairaj. Gaurav Naresh Aggarwal is the CEO of Savaari.
Here are the details of Savaari's key team members:
- Manik Shah: Co-Founder of Savaari. They serve on the board of 1 company.Contact Info: 1 email address
- Gaurav Naresh Aggarwal: Co-Founder & CEO of Savaari. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Rahul Khanna: Co-Founder of Savaari. Contact Info: 1 email address
- Anand Dorairaj: Former Co-Founder of Savaari. Contact Info: 1 email address
Savaari's Board of Directors
Savaari's board has 2 active members. Manik Shah and Gaurav Naresh Aggarwal are part of team.Here is the list of Savaari's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 14y 6m | |
Team | - | Current | 14y 6m |
View details of Savaari's Founder profiles and Board Members
Savaari's employee count trend
Savaari has 193 employees as of Aug 25. The total employee count is 5.0% more than what it was in Aug 24. Here is Savaari's employee count trend over the years:
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Savaari's Competitors and alternates
Top competitors of Savaari include Uber, Omio and Ola. Here is the list of Top 10 competitors of Savaari, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Uber 2009, San Francisco (United States), Public | Network providing on-demand transportation, delivery, and business management solutions | $13.2B | 89/100 | |
2nd | App-based platform for booking transport services | $486M | 80/100 | ||
3rd | Operator of a network providing on-demand transportation and mobility solutions | $3.84B | 72/100 | ||
4th | App-based platform offering ride-hailing services | $135M | 72/100 | ||
5th | Network of chauffeur driven taxi services for intercity airport transport | $5.93M | 71/100 | ||
6th | TaxiForSure 2011, Bengaluru (India), Acquired | Car rental aggregator | $45.2M | 59/100 | |
7th | Provider of on-demand transportation services including airport transfers and outstation trips | $2.17M | 57/100 | ||
8th | Online retailer of flight, hotel, vacation, car rental, and transfer bookings | - | - | 56/100 | |
9th | Provider of vehicle transfer and tech enabled solutions | - | - | 54/100 | |
10th | App-based platform offering ride-hailing services | - | 53/100 |
Looking for more details on Savaari's competitors? Click here to see the top ones
Savaari's Investments and acquisitions
Savaari has made no investments or acquisitions yet.
Reports related to Savaari
Here is the latest report on Savaari's sector:
News related to Savaari
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Savaari Car Rental Enhances Intercity Cab Travel with Driver Language Preference FeatureBusinessnewsthisweek•Nov 22, 2024•Savaari
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Savaari Car Rentals and MakeMyTrip collaboration aims to cover 4000 Indian cities in next 6 monthsAsian News International•Feb 09, 2024•Savaari, MakeMyTrip
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MakeMyTrip’s Acquistion of a Majority Stake in Savaari Car RentalsGlobal Legal Chronicle•Dec 11, 2023•JSA, MakeMyTrip, Savaari
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Revolutionizing road trip - Savaari Car Rentals launches special servicesAsian News International•Dec 07, 2023•Savaari
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MakeMyTrip Enters Car Rental Business with Savaari AcquisitionSkift•Nov 01, 2023•Savaari, MakeMyTrip
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Rohde & Schwarz with Vector, Savari and Quectel to present a C-V2X solutionTelematics Wire•Aug 28, 2019•Rohde & Schwarz, Vector, Savaari, Quectel
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Savari Announces Collaboration with Rohde & Schwarz in C-V2X Testing at MWC BarcelonaPR Newswire•Feb 25, 2019•Savari, Rohde & Schwarz, Savaari
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