About ekar

Ekar offers a pay-as-you-drive car rental service through a mobile app, enabling users to locate, reserve, and unlock vehicles without the need for a deposit or physical paperwork. This platform addresses the inconvenience of traditional car rentals by providing flexible booking options and keyless entry, allowing customers to rent cars on an hourly, daily, or monthly basis.

```xml <problem> Traditional car rental services often involve time-consuming paperwork, security deposits, and fixed pick-up/drop-off locations, creating friction for users seeking short-term vehicle access. The inflexibility of these services can be a barrier for those needing a car for only a few hours or with varying schedules. </problem> <solution> Ekar provides a mobile app-based car rental service that allows users to instantly locate, reserve, and unlock vehicles without deposits or physical paperwork. The platform offers flexible booking options, including per-minute, hourly, daily, weekly, and monthly rentals, catering to diverse user needs. Keyless entry via the app streamlines the rental process, while features like included fuel, insurance, and parking (in authorized areas) enhance convenience. Users can pick up and drop off cars at various authorized locations within the city, providing a seamless and adaptable car rental experience. </solution> <features> - Mobile app for locating, reserving, and unlocking vehicles - Keyless entry via smartphone - Flexible rental durations: per-minute, hourly, daily, weekly, and monthly - No security deposit required - 24/7 availability and customer support - Option for scheduled vehicle delivery - Transparent pricing with no hidden costs - Fuel, insurance, and parking (in authorized areas) included - Diverse fleet of vehicles, including economy, luxury, and family options </features> <target_audience> Ekar primarily targets individuals who need short-term access to vehicles for errands, commutes, or leisure, and who value convenience and flexibility over traditional car rental models. </target_audience> <revenue_model> Ekar generates revenue through a combination of per-minute, hourly, daily, weekly, and monthly rental fees, depending on the vehicle and rental duration selected by the user. </revenue_model> ```

What does ekar do?

Where is ekar located?

ekar is based in Dubai, United Arab Emirates.

When was ekar founded?

ekar was founded in 2016.

How much funding has ekar raised?

ekar has raised 17500000.

Location

Dubai, United Arab Emirates

Founded

2016

Funding

17500000

Employees

259 employees

Major Investors

Polymath Ventures

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Executive Summary

ekar.ae 50K+

Crunchbase

Founded 2016 – Dubai, United Arab Emirates

Funding

Estimated Funding

$10M+

Major Investors

Polymath Ventures

Team (250+)

No team information available.

Company Description

Problem

Traditional car rental services often involve time-consuming paperwork, security deposits, and fixed pick-up/drop-off locations, creating friction for users seeking short-term vehicle access. The inflexibility of these services can be a barrier for those needing a car for only a few hours or with varying schedules.

Solution

Ekar provides a mobile app-based car rental service that allows users to instantly locate, reserve, and unlock vehicles without deposits or physical paperwork. The platform offers flexible booking options, including per-minute, hourly, daily, weekly, and monthly rentals, catering to diverse user needs. Keyless entry via the app streamlines the rental process, while features like included fuel, insurance, and parking (in authorized areas) enhance convenience. Users can pick up and drop off cars at various authorized locations within the city, providing a seamless and adaptable car rental experience.

Features

Mobile app for locating, reserving, and unlocking vehicles

Keyless entry via smartphone

Flexible rental durations: per-minute, hourly, daily, weekly, and monthly

No security deposit required

24/7 availability and customer support

Option for scheduled vehicle delivery

Transparent pricing with no hidden costs

Fuel, insurance, and parking (in authorized areas) included

Diverse fleet of vehicles, including economy, luxury, and family options

Target Audience

Ekar primarily targets individuals who need short-term access to vehicles for errands, commutes, or leisure, and who value convenience and flexibility over traditional car rental models.

Revenue Model

Ekar generates revenue through a combination of per-minute, hourly, daily, weekly, and monthly rental fees, depending on the vehicle and rental duration selected by the user.