YatraGenie joins Sundaram Finance to help cabbies own their cars
Bangalore, March 31 2015: Leading online bus ticketing and cab booking platform, YatraGenie, has partnered with Sundaram Finance Ltd to help drivers to turn entrepreneurs.
Sundaram will finance cars at a very attractive rate when cars are bought and financed through YatraGenie's franchise programme. Through this partnership Yatragenie plans to create 50,000 entrepreneurs in 2 years.
Says , Renil Komitla, CEO of Yatragenie.com: “We believe that this partnership will help us encourage more and more youngsters to become entrepreneurs. This program will provide easy access to capital for drivers who want to own a car. The Indian cab segment has immense potential and the demand for cab services is only going to increase in the months to come. Through this tie up with Sundaram Finance Ltd we want to empower drivers to become entrepreneurs”
Adds Badrinarayanan K, DGM, Sundaram Finance: “We are very excited about this partnership with YatraGenie. Sundaram Finance Ltd has been in the vehicle lending business for many years now and we greatly believe in providing the best of the services to our customers. We are keen on providing the required support from our side to create a new wave of entrepreneurs to empower India’s new economy”
YatraGenie cabs are currently present in Bangalore, Nellore, Tirupathi, Gudur, Kavali and Vijaywada. Bookings can be done via the online portal www.yatragenie.com and also through android based mobile devices using the YatraGenie app. By the end of 2015, YatraGenie will set up operations in 65 cities and towns with an inventory of 25,000 cabs.