HYPE to drive luxury car rental business to new growth areas
Luxury car rental aggregator HYPE Technologies plans to expand operations in new cities and bring on board new partners, besides continuing product development, features, and self-drive opportunities.
The Bengaluru-based HYPE’s Founder and CEO, Raghav Belavadi, has already self-funded $200,000 earlier, which has gone into developing the HYPE app that has seen over 600 bookings till date, with Karnataka seeing 50% of the bookings. The plan now is to raise $3-5 million in Series A funding next year.
