One ne’er stops obtaining entertained at the quick pace at that innovation brings out a replacement venture in metropolis each day. One such startup is youscorentacar.com – a rent-a-car comparison and booking web site that covers all major locations within the UAE additionally as over forty,000 locations worldwide. the web site offers short and long rentals additionally as rent-a-car delivery straight to your step. If this concept isn’t a disruptor, what is?
Ammar Akhtar, founder and business executive, youscorentacar.com, came to the UAE in Jan 2007 as an enterpriser and his 1st project was making a web site for Budget Rent a automobile, followed by e-commerce platforms for Thrifty, dollar and alternative rent-a-car corporations. the concept of Yousco rent a car dubai evolved as a passion to digitalise the rent-a-car trade and was launched in Gregorian calendar month 2016.
carSo, did Akhtar face challenges? As a startup making an attempt to digitalise the trade with higher style, method and approach to client acquisition, it absolutely was troublesome within the time period to convert the suppliers (traditional rent-a-car companies), he points out.
“However, i’ve got worked terribly closely with rent-a-car corporations in terms of creating them perceive the eagerness I arouse the table and along with them, we have a tendency to are making an attractive and clear rent-a-car method for end-users. Once they perceive the perspective, everything else is simply a formality. youscorentacar.com as a complete has been able to clearly communicate that message to the suppliers additionally as customers that our dream is to form rent-a-car as straightforward as dealing your favorite series from Netflix.”
The UAE may be a dynamic marketplace for automobile rentals, with each residents and tourists dealing cars an excellent deal. The trade is growing at a compound annual rate of eleven per cent.
youscorentacar.com had a seed funding of $375,000 and is in its growth stage. “We are ideally watching $5 million for the subsequent spherical as we’ve conjointly additional forty,000+ locations worldwide to our giving. we have a tendency to are wanting forward to promoting youscorentacar.com as a startup and a complete created within the UAE. we’d wish to place Finalrentals within the preferred destinations round the world by giving a lot of innovative services through our web site and app,” adds Akhtar.
The startup offers automobile rentals from 502 locations within the UAE, as well as all airports, malls, center and downtown locations additionally as suburbs altogether emirates. that provides the user potential access to over 102,000 vehicles within the UAE. In terms of traffic, Finalrentals.com gets over one hundred,000 guests per month organically and it’s growing at a rate of eight.5 per cent each month, with over twenty seven transactions everyday and growing at the speed of ten.9 per cent annually.
“One issue that differentiates United States of America is our short and long giving with the chance of ordering a delivery. Around 99.9 per cent of the rent-a-car portals round the world focus principally on airport-based car rentals whereas Finalrentals.com focuses on landing field, downtown locations additionally as suburbs. it’s the sole rent-a-car portal within the world that provides short rentals additionally as long rentals. you’ll be able to compare monthly rent-a-car deals on youscorentacar.com from among over one,000 cars offered by main rent-a-car corporations within the UAE. Free delivery to your step makes United States of America totally different from our competitors. we are going to still add a lot of and more native functionalities in our product as we have a tendency to grow.”
Says Limshad Narakkodan, chief technical officer, youscorentacar.com: “I are acting on high-end e-commerce product and comes however it’s rare that you simply stumble upon a chance wherever you’ll be able to contribute to making a paradigm shift in an trade. i feel youscorentacar.com may be a game-changing product that i’m acting on and that i believe the innovation we have a tendency to are conveyance in day in and trip in terms of practicality and style. This makes Maine believe we have a tendency to are building a hit story with an incredible team of hot people that can go several additional miles and may place it many extra hours simply to form the items fast and simple for the client.”
youscorentacar.com is that the solely self-funded startup within the UAE, a boot-strapped venture that has created it to the Gulf Capital SME Awards. union by reward, the awards programme is supported by endorsing partners metropolis SME and Khalifa Fund for Enterprise Development whereas Gulf Capital and Virtuzone are sponsors. The winners are going to be declared on Gregorian calendar month twenty six in metropolis.
“I are terribly lucky to visit over forty seven cities within the last 2 years round the world for startup expos and exhibitions and talks. I will ensure that the UAE is that the most dynamic and best suited country within the world for startups. it’s all the required policies and incubators to assist startups perceive their plan, incorporate and grow. The UAE is found within the heart of the planet, thus if you’re a startup with native and international enlargement plans, the UAE is for you as a result of it’s a rustic with ton of young expats UN agency are able to use the products/platform offered by startups. Most startups specialise in Associate in Nursing Internet-based business model, therefore the shopper is already here to consume. All you have got to try to to is dream and believe your startup. The UAE – as an incredible eco-system – is here to assist,” concludes Akhtar.