When was Savaari founded?

Savaari was founded in 2006 and raised its 1st funding round 6 years after it was founded.

Where is Savaari located?

Savaari is headquartered in Bengaluru, India. It is registered at 2nd Floor, No. 1137 RG Towers, 100 Feet Road, Indiranagar, Bangalore, Bangalore, Karnataka, India, 560038.

Who is the current CEO of Savaari?

Gaurav Naresh Aggarwal of Savaari. They have also founded 1 company.

Which legal entities is Savaari associated with?

Savaari is associated with SAVAARI CAR RENTALS PRIVATE LIMITED.

How many employees does Savaari have?

As of Aug 31, 2025, the latest employee count at Savaari is 193.

Is Savaari a funded company?

Savaari is a funded company, having raised a total of $5.93M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Mar 23, 2012.

How much is Savaari worth?

The last known valuation of Savaari was $***** as of Mar 28, 2022.

When was the latest funding round of Savaari?

Savaari's latest funding was a $***** Series B round on Mar 28, 2022, with participation from 1 investor.

What is the annual revenue of Savaari?

Annual revenue of Savaari is between ₹100 Cr and ₹500 Cr as on Mar 31, 2026

Where does Savaari rank among its competitors?

Savaari ranks 4th amongst 396 active competitors, of which 19 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Omio, which secured $10M in Jul, 2026.

Who are the top competitors of Savaari?

Savaari's top competitors include Omio, Ola Cabs and Meru. Among them, Omio secured the most recent funding round in July, 2026.

Savaari - 2026 Company Profile, Team, Funding, Competitors & Financials

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 396 active competitors, including 19 funded and 7 that have exited. Its top competitors include companies like Omio, Ola Cabs and Meru.

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/
Social
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

Series B, Mar 28, 2022, $*****

Last Known Valuation

$***** as on Mar 28, 2022

Investors

Athera & 2 more

Ranked

4^th among 396 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2026

Employee Count

193 as on Aug 31, 2025

Similar Companies

Gozocabs & 1144 more

Exit Details

Acquired by MakeMyTrip (Oct 31, 2023)

View Savaari's full profile

Savaari is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
SAVAARI CAR RENTALS PRIVATE LIMITED CIN: U60231KA2012PTC062501 , India, Active	Feb 13, 2012	₹100 - ₹500 Cr (As on Mar 31, 2026)	199 (As on May 01, 2026)

Savaari got acquired by MakeMyTrip on Oct 31, 2023.

Click here to take a look at Savaari's acquisition in detail

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	8484231	Series B	2212579	6631577	9288879	7119959
Mar 23, 2016	1978439	Series B	7294019	7355441	9677057	4256851
Oct 22, 2013	3307506	Series B	8993680	8264163	Intel	Athera

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View details of Savaari's funding rounds and investors

The 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
Manik Shah	Team	-	Current	14y 8m
Gaurav Naresh Aggarwal	Team	-	Current	14y 8m

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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Top competitors of Savaari include Omio, Ola Cabs and Meru. Here is the list of Top 10 competitors of Savaari, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Omio 2013, Berlin (Germany), Series E	App-based platform for booking transport services	$486M	Goldman Sachs, Temasek & 39 others	76/100
2nd	Ola Cabs 2010, Bengaluru (India), Series J	Operator of a mobility platform providing ride-hailing services for various transportation needs	$3.29B	Tiger Global Management, Steadview & 140 others	72/100
3rd	Meru 2007, Mumbai (India), Acquired	App-based platform offering ride-hailing services	$135M	True North, Brand Capital & 12 others	72/100
4th	Savaari 2006, Bengaluru (India), Acquired	Network of chauffeur driven taxi services for intercity airport transport	$5.93M	Intel, Athera & 1 others	71/100
5th	TaxiForSure 2011, Bengaluru (India), Acquired	Car rental aggregator	$45.2M	Accel, Helion Venture Partners & 11 others	63/100
6th	Gozocabs 2012, Delhi (India), Seed	Provider of on-demand transportation services including airport transfers and outstation trips	$2.17M	iTech Solutions, Prem Jain & Sandhya Jain Trust ... & 46 others	56/100
7th	GOAMILES 2018, Margao (India), Funding Raised	App-based platform offering ride-hailing services	-	Sarthy	55/100
8th	WTI 2009, Delhi (India), Public	Provider of vehicle transfer and tech enabled solutions	-	-	54/100
9th	CabBazar 2017, Gurugram (India), Seed	Online aggregator of outstation cabs	$150K	India Accelerator	51/100
10th	Red Taxi 2012, Coimbatore (India), Unfunded	Provider of car rental services	-	-	50/100

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Looking for more details on Savaari's competitors? Click here to see the top ones

SAVAARI CAR RENTALS PRIVATE LIMITED, the legal entity associated with Savaari, generated between ₹100 Cr and ₹500 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of SAVAARI CAR RENTALS PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 25% in the last 1 year.

Financial Statement Summary

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22
Income Statement
Revenue	8674	5435	9671	6216	1236
Total Sales	1116	5851	8300	9572	9341
Total Expenses	1719	4759	3200	4506	6914
Operating Expenses	6962	1426	6217	6157	2862
Employee Expenses	3675	1436	1006	9959	2990
Marketing Expenses	1621	7392	8614	2913	4185
Operating Income (EBIT)	8406	2306	4504	6197	2926
Interest Expenses	8534	3700	9424	7242	8464
Expenses from other activities	2243	5450	6850	7380	1700
Information Technology Expenses	6083	6727	6673	4795	6903
EBITDA	2986	5488	7714	6612	9475
Taxes	1282	9847	9305	6692	3080
Net Profit	2437	5733	3923	2774	5220
Balance Sheet
Assets	9545	6821	9339	7663	6570
Cash Equivalent	7159	3603	7047	3560	3583
Accounts Receivables	2506	7812	6739	2504	2932
Inventory	1121	8069	6441	4438	6259
Liabilities	2599	3958	1541	1595	7265
Total Debt	1583	8044	2803	7852	9057
Accounts Payable	7536	9463	4157	3827	2809
Equities	4012	8602	8380	1960	5140
Cashflow Statement
Cash from Operating activities	3932	7348	4652	9516	4160
Cash from Investing activities	1772	2072	8486	7495	9847
Net cash from Financing activities	1483	6044	5768	3975	8691

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Founders own 39.69%, Funds (largest shareholder) own 53.69% and ESOP Pool own 6.62%. The net worth of Savaari's founders is INR 81Cr as of Mar 28, 2022. The cap table displayed below is for SAVAARI CAR RENTALS PRIVATE LIMITED which is the legal entity associated with Savaari.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	39.69%	81Cr	8195981	6319336	3465077	1492543
Gaurav Naresh Aggarwal	8256021	3585217	2701128	8449994	7001295	6726491
Rahul Khanna	126	718	856	765	670	447
Manik Shah	282	711	710	642	450	602
Fund	53.69%	110Cr	7071803	4266872	8540069	6053032
Athera	4390592	6375641	2005734	7104357	8518079	9333156
Hindustan Media Ventures	98	37	38	64	81	32
ESOP Pool	6.62%	13.5Cr	863118	547107	260288	667904
Total	100.00%	204Cr	1054626	9110696	5895229	7535160